Common use of Payment of Purchase Price; Closing Deliveries Clause in Contracts

Payment of Purchase Price; Closing Deliveries. (a) At or prior to the Closing, the Seller shall deliver to the Buyer: (i) the Purchased Assets; (ii) a Bxxx of Sale and General Assignment in the form of Exhibit A hereto dated the Closing Date and duly executed by the Seller; (iii) such other bills of sale, assignments, deeds, certificates of title, documents and other instruments of transfer and conveyance as may reasonably be requested by the Buyer to convey title to the Purchased Assets, each in form and substance satisfactory to the Buyer dated the Closing Date and duly executed by the Seller; (iv) releases of all Encumbrances, if any, on the Purchased Assets; and (v) such other documents as the Buyer may reasonably request to effect the transactions contemplated by this Agreement. (b) At or prior to the Closing, the Buyer shall deliver to the Seller the Purchase Price in accordance with Section 1.3.

Appears in 3 contracts

Samples: Asset Purchase and Sale Agreement (American Realty Capital Trust IV, Inc.), Asset Purchase Agreement (American Realty Capital Properties, Inc.), Asset Purchase and Sale Agreement (American Realty Capital Trust III, Inc.)

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Payment of Purchase Price; Closing Deliveries. (a) At or prior to the Closing, the Seller shall deliver to the Buyer: (i) the Purchased Assets; (ii) a Bxxx Xxxx of Sale and General Assignment in the form of Exhibit A hereto dated the Closing Date and duly executed by the Seller; (iii) such other bills of sale, assignments, deeds, certificates of title, documents and other instruments of transfer and conveyance as may reasonably be requested by the Buyer to convey title to the Purchased Assets, each in form and substance satisfactory to the Buyer dated the Closing Date and duly executed by the Seller; (iv) releases of all Encumbrances, if any, on the Purchased Assets; and (v) such other documents as the Buyer may reasonably request to effect the transactions contemplated by this Agreement. (b) At or prior to the Closing, the Buyer shall deliver to the Seller the Purchase Price in accordance with Section 1.3.

Appears in 2 contracts

Samples: Asset Purchase Agreement (American Realty Capital Properties, Inc.), Asset Purchase Agreement (American Realty Capital Trust, Inc.)

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Payment of Purchase Price; Closing Deliveries. (a) At or prior to the Closing, the Seller shall deliver to the Buyer: (i) the Purchased AssetsMembership Interests; (ii) a Bxxx of Sale an Assignment and General Assignment in the form of Exhibit A hereto dated the Closing Date and duly executed by the SellerAssumption; (iii) such other bills of sale, assignments, deeds, certificates of title, documents and other instruments of transfer and conveyance as may reasonably be requested by the Buyer to convey title to the Purchased AssetsMembership Interests, each in form and substance satisfactory to the Buyer dated the Closing Date and duly executed by the Seller; (iv) releases of all Encumbrances, if any, on the Purchased AssetsMembership Interests; and (v) such other documents as the Buyer may reasonably request to effect the transactions contemplated by this Agreement. (b) At or prior to the Closing, the Buyer shall deliver to the Seller (i) the Purchase Price in accordance with Section 1.31.3 and (ii) an Assignment and Assumption.

Appears in 1 contract

Samples: Securities Purchase and Sale Agreement (American Realty Capital Trust, Inc.)

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