Common use of NO CONTINGENCY FOR BUYER TO OBTAIN Clause in Contracts

NO CONTINGENCY FOR BUYER TO OBTAIN. FINANCING. The residue of the purchase price shall be payable as follows: Cash at Settlement on or before June 20, 2023 (the “Settlement Date”). If closing does not occur on or before Settlement Date, Buyer shall be in default. Seller may, in its sole discretion, permit closing after this date, and, in such case, shall charge the Buyer interest at the rate of 12% per annum of the total purchase price which shall be due and payable at closing. The Seller agrees to convey the said Property with a General Warranty Deed, same to be prepared at the expense of the Seller and the cost of Xxxxxxxx Xxxxxxx’s tax shall be borne by the Seller. It is agreed that the Property is being conveyed free and clear of all liens but subject to all rights, reservations, covenants, conditions, easements, rights-of-way, and restrictions of record, as the same may lawfully apply to the Property, and to all matters which would be disclosed by a survey and inspection of the Property.

Appears in 1 contract

Samples: Real Estate Purchase Agreement

AutoNDA by SimpleDocs

NO CONTINGENCY FOR BUYER TO OBTAIN. FINANCING. The residue of the purchase price shall be payable as follows: Cash at Settlement on or before June 20, 2023 which shall be within fifteen (15) days of U. S. Bankruptcy Court approval. (the “Settlement Date”). If closing does not occur on or before Settlement Date, Buyer shall be in default. Seller may, in its sole discretion, permit closing after this date, and, in such case, shall charge the Buyer interest at the rate of 12% per annum of the total purchase price which shall be due and payable at closing. The Seller agrees to convey the said Property with a General Special Warranty Deed, same to be prepared at the expense of the Seller and the cost of Xxxxxxxx Xxxxxxx’s tax shall be borne by the Seller. It is agreed that the Property is being conveyed free and clear of all liens but subject to all rights, reservations, covenants, conditions, easements, rights-of-way, and restrictions of record, as the same may lawfully apply to the Property, and to all matters which would be disclosed by a survey and inspection of the Property.

Appears in 1 contract

Samples: Auction Real Estate Purchase Agreement

NO CONTINGENCY FOR BUYER TO OBTAIN. FINANCING. The residue of the purchase price shall be payable as follows: Cash at Settlement on or before June 20September 8, 2023 (the “Settlement Date”)2023. If closing does not occur on or before Settlement DateSeptember 8, 2023, Buyer shall be in default. Seller may, in its sole discretion, permit closing after this date, and, in such case, shall charge the Buyer interest at the rate of 12% per annum of the total purchase price which shall be due and payable at closing. The Seller agrees to convey the said Property with a General Warranty Deed, same to be prepared at the expense of the Seller and the cost of Xxxxxxxx Xxxxxxx’s tax shall be borne by the Seller. It is agreed that the Property is being conveyed free and clear of all liens but and indebtedness. It is agreed that the Property is to be conveyed subject to all rights, reservations, covenants, any recorded conditions, easements, rights-of-way, easements and restrictions of record, as the same may lawfully apply to the Property, and to all matters which would be disclosed by a survey and inspection of the Property.restrictions. MECHANIC’S LIEN DISCLOSURE: AN EFFECTIVE LIEN FOR WORK PERFORMED PRIOR TO SETTLEMENT MAY BE FILED AFTER SETTLEMENT. LEGAL COUNSEL SHOULD BE

Appears in 1 contract

Samples: Auction Real Estate Purchase Agreement

NO CONTINGENCY FOR BUYER TO OBTAIN. FINANCING. The residue of the purchase price shall be payable as follows: Cash at Settlement on or before June 2027, 2023 2022 (the “Settlement Date”). If closing does not occur on or before Settlement Date, Buyer shall be in default. Seller may, in its sole discretion, permit closing after this date, date and, in such case, shall charge the Buyer interest at the rate of 12% per annum of the total purchase price price, which shall be due and payable at closing. The Seller agrees to convey the said Property with a General Special Warranty Deed, same to be prepared at the expense of the Seller Seller, and the cost of Xxxxxxxx Xxxxxxx’s 's tax shall be borne by the Seller. It is agreed that the Property is being conveyed free and clear of all liens but subject to all rights, reservations, covenants, conditions, easements, rights-of-way, and restrictions of record, as the same may lawfully apply to the Property, and to all matters which would be disclosed by a survey and inspection of the Property.

Appears in 1 contract

Samples: Auction Real Estate Purchase Agreement

AutoNDA by SimpleDocs

NO CONTINGENCY FOR BUYER TO OBTAIN. FINANCING. The residue of the purchase price shall be payable as follows: Cash at Settlement on or before June 20December 14, 2023 2020 (the “Settlement Date”). If closing does not occur on or before Settlement Date, Buyer shall be in default. Seller may, in its sole discretion, permit closing after this date, and, in such case, shall charge the Buyer interest at the rate of 12% per annum of the total purchase price which shall be due and payable at closing. The Seller agrees to convey the said Property with a General Warranty Deed, same to be prepared at the expense of the Seller and the cost of Xxxxxxxx Xxxxxxx’s tax shall be borne by the Seller. It is agreed that the Property is being conveyed free and clear of all liens but subject to all rights, reservations, covenants, conditions, easements, rights-of-way, and restrictions of record, as the same may lawfully apply to the Property, and to all matters which would be disclosed by a survey and inspection of the Property.

Appears in 1 contract

Samples: Real Estate Purchase Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.