Common use of Obligations at Closing Clause in Contracts

Obligations at Closing. At Closing, the following shall occur: a. Seller shall deliver to Buyer, or its assigns, the following executed documents: (i) A good and sufficient Warranty Deed(s) for the Property; (ii) Certificate(s) of Real Estate Value; (iii) Such other documents as deemed necessary by Buyer or its counsel to transfer the Property to Buyer or as may be required pursuant to this Agreement. b. Buyer shall deliver to Seller: (i) The Purchase Price as described in paragraph 2 above; and c. In addition to the items set forth above, Buyer and Seller shall cause the following deliveries to be made at Closing: (i) Any applicable Closing fees shall be paid equally by Seller and Buyer; (ii) Settlement statements showing the Purchase Price, and any adjustments thereto, if applicable; and (iii) Any other documents as required effectuating the transfer of the Property, including any other documents required by the Title Company or closing agent.

Appears in 4 contracts

Samples: Real Estate Transfer Agreement, Real Estate Purchase Agreement, Real Estate Purchase Agreement

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Obligations at Closing. At Closing, the following shall occur: a. Seller shall deliver to Buyer, or its assigns, the following executed documents: (i) A good and sufficient Warranty Trustees Deed(s) for the Property; (ii) Certificate(s) of Real Estate Value; (iii) The Assignment of the Lease whereby Seller assigns the Lease to Buyer; and (iv) Such other documents as deemed necessary by Buyer or its counsel to transfer the Property to Buyer or as may be required pursuant to this Agreement. b. Buyer shall deliver to Seller: (i) The Purchase Price as described in paragraph 2 above; and (ii) The Assignment of the Lease whereby Buyer assumes the Lease from Seller. c. In addition to the items set forth above, Buyer and Seller shall cause the following deliveries to be made at Closing: (i) Any applicable Closing fees shall be paid equally by Seller Xxxxxx and BuyerXxxxx; (ii) Settlement statements showing the Purchase Price, and any adjustments thereto, if applicable; and (iii) Any other documents as required effectuating the transfer of the Property, including any other documents required by the Title Company or closing agent.

Appears in 1 contract

Samples: Real Estate Purchase Agreement

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Obligations at Closing. At Closing, the following shall occur: a. Seller shall deliver to Buyer, or its assigns, the following executed documents: (i) A good and sufficient Warranty Deed(s) for the Property; (ii) Certificate(s) of Real Estate Value; (iii) Such other documents as deemed necessary by Buyer or its counsel to transfer the Property to Buyer or as may be required pursuant to this Agreement. b. Buyer shall deliver to Seller: (i) The Purchase Price as described in paragraph 2 above; and c. In addition to the items set forth above, Buyer and Seller shall cause the following deliveries to be made at Closing: (i) Any applicable Closing fees shall be paid equally by Seller and BuyerXxxxx; (ii) Settlement statements showing the Purchase Price, and any adjustments thereto, if applicable; and (iii) Any other documents as required effectuating the transfer of the Property, including any other documents required by the Title Company or closing agent.

Appears in 1 contract

Samples: Real Estate Purchase Agreement

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