Obligations of the Parties at Closing. The closing of the Transactions shall occur on the first Business Day nominated by either Party on which all of the conditions precedent to the obligations of the Parties set forth in this Agreement have been satisfied or waived (the “Closing”), it being understood that the first intention of the Parties is that the Closing occur no later than the date of closing of the HYB Offering (the “HYB Closing Date”) or, failing that, as soon as reasonably practicable thereafter. The Closing shall take place at either the offices of Xxxxxxxx & Xxxxxxxx LLP, 0 Xxx Xxxxxx Xxxx, London EC4A 1AN, England or such other location as may be agreed by the Parties. The date on which the Closing shall occur is referred to herein as the “Closing Date”. At the Closing:
Obligations of the Parties at Closing. (a) At the Closing, the Company shall deliver to the Noteholders:
Obligations of the Parties at Closing. 5.01 At Closing, Seller shall deliver to Purchaser a Foreclosure Deed and Affidavit of its interest in the Premises in statutory form. Purchaser shall pay the Purchase Price in accordance with Article 3 above, and all real estate transfer taxes and the cost of recording of the Deed and Affidavit. Seller has a title insurance commitment available for Buyer, but Seller makes no warranties regarding the representations in said proposed title insurance commitment.
Obligations of the Parties at Closing. 4.01 At Closing, Seller shall convey the Premises to Buyer by deed reasonably acceptable to Buyer free from encumbrances except:
Obligations of the Parties at Closing. 5.01 At Closing, Seller shall deliver to Purchaser a Quitclaim Deed of its interest in the Premises in statutory form. Purchaser shall pay the Purchase Price in accordance with Article 3 above, and all real estate transfer taxes and the cost of recording of the Deed.
Obligations of the Parties at Closing
