POSSESSION AND TITLE Sample Clauses
POSSESSION AND TITLE. Seller shall deliver possession of the Property to Buyer at closing. Title shall be conveyed to Buyer, if more than one as Joint tenants with rights of survivorship, tenants in common, Other: Prior to closing the property shall remain in the possession of Seller and Seller shall deliver the property to Buyer in substantially the same condition at closing, as on the date of this contract, reasonable wear and tear excepted.
POSSESSION AND TITLE. Seller shall deliver possession of the Property to Buyer at closing. Prior to closing the property shall remain in the possession of Seller.
POSSESSION AND TITLE. The property is sold in its “AS IS, WHERE IS” condition without any warranty as to its condition whatsoever, subject to all tenants and rights of use or possession, outstanding municipal charges for sewer, water or betterment assessments/connection charges for the same and other matters of record, if any, including State and Federal tax liens having priority over the Town’s tax lien or title.
POSSESSION AND TITLE. Possession of and title to the Business Assets shall be given and taken with effect from the close of business on the Completion Date at which time the Vendor sells, transfers and assigns the Business Assets to the Purchaser and the Purchaser shall buy and take over the Business Assets.
POSSESSION AND TITLE. Provided that the Form A Transfer conveying the Lands from the Owner to the Village has been submitted to the Land Title Office and the Purchase Price, as adjusted, has been delivered to the Owner's Legal Representatives, in trust, the Owner will transfer to the Village good, safe holding and marketable title to the Lands and will give to the Village vacant possession of the Lands on the Closing Date free from all tenancies, judgments, liens, claims, charges, service contracts, encumbrances and legal notations other than the Permitted Encumbrances.
POSSESSION AND TITLE. Subject to Sections 11.01 and 11.02 of this Agreement, Seller shall deliver possession of the Property to Buyer at closing. Title shall be conveyed to Buyer. Prior to closing the property shall remain in the possession of Seller and Seller shall deliver the property to Buyer in substantially the same condition at closing, as on the date of this contract, reasonable wear and tear excepted.
POSSESSION AND TITLE. 7.1 As between the Parties, Seller shall be deemed to be in exclusive control and possession of all Product to be delivered under this Agreement prior to its delivery to Buyer, and Seller shall bear the risk of loss and be responsible for any damage or injury caused by such Product prior to its delivery to Buyer. Seller shall indemnify Buyer and hold Buyer harmless from all liability and expense on account of any and all damages, claims or actions, including injury to and death of persons, arising with respect to such Product prior to its delivery to Buyer.
7.2 As between the Parties, Buyer shall be deemed to be in exclusive control and possession of all Product to be delivered under this Agreement after its delivery, and Buyer shall bear the risk of loss and be responsible for any damage or injury caused by such Product after its delivery to Buyer. Buyer shall indemnify Seller and hold Seller harmless from all liability and expense on account of any and all damages, claims or actions, including injury to and death of persons, arising with respect to such Product after its delivery to Seller.
7.3 Title to all Product sold and purchased hereunder shall pass from Seller to Buyer at the Delivery Point applicable to the sale and purchase of such Product. Delivery occurs when product exits the transport vehicle provided by Seller or when Buyer picks up product with its vehicle. Specific delivery points are as follows:
a. if via rack: coupler, at the loading rack;
b. If via pipeline, at the pipeline meter into Buyer’s terminal facility;
c. If from barge: at the outlet flange of hose if hose provided by barge, otherwise permanent discharge pipe flange; or
d. If to barge, at the inlet flange of hose if hose provided by barge, otherwise permanent loading pipe.
7.4 Seller warrants title to all Product sold and all Product delivered under this Agreement, free and clear of all liens, encumbrances, production burdens and other adverse claims whatsoever.
7.5 Prior to taking possession of Product Buyer will acknowledge receipt of Seller’s Material Safety Data Sheet (MSDS) and is aware of its contents and of the hazards in handling, storage, use and transportation of Product. Buyer will inform its employees or agents of any Product hazards or risks, and will provide a copy of each product MSDS to its handlers of the Product.
POSSESSION AND TITLE a. Possession of the Unit (exclusive of the Percentage Interest) shall be given at Settlement by delivery of a special warranty deed (which shall be drafted by the Declarant) conveying the title to the Unit as described in subparagraph (b) below and by delivery of the keys to the Unit which shall then be vacant. The Purchaser's membership in the HOA shall commence automatically upon the completion of the Settlement hereunder without the necessity for any documentation thereof.
b. Title to the Unit shall be good and marketable such as will be insured by a reputable title insurance company, subject to the following: (i) any restrictions listed in the Declaration; (ii) any deed restrictions; (iii) historic preservation restrictions or ordinances of record; (iv) privileges or rights of public service companies, if any; and (v) all other liens and matters to which the Condominium Property is subject.
c. If the Purchaser consists of husband and wife, title to the Unit shall be conveyed to such persons as tenants by the entireties, unless otherwise specifically stated in Section x.x herein.
d. If the Unit to be purchased is to be conveyed to more than one individual and such individuals are not husband and wife, the Unit shall be deeded to such individuals as tenants in common, unless otherwise specifically stated in Section 1.d herein.
e. Subject only to the Special Warranty contained in the deed to the Unit, as described in Section II.10 below, any items identified on a punch list or any insubstantial work remaining to be performed in or on the Unit (exclusive of the Percentage Interest), any claim, which may have existed prior to the Purchaser’s acceptance of the Deed to the Unit, shall, with the acceptance of the Deed to the Unit by the Purchaser, shall constitute and be deemed a complete release and discharge of all warranties, obligations and liabilities of the Declarant to the Purchaser, expressed or implied with respect to: (i) the construction of the Unit and the Common Elements; (ii) any injury, loss or damage to the Purchaser, to the Unit or to the Common Elements resulting from any cause whatsoever; and, (iii) all of the covenants and obligations of the Declarant herein contained.
POSSESSION AND TITLE. RENTER’S right to possession of the equipment begins upon equipment delivery by THERMAL BED BUG SOLUTIONS and terminates on the equipment retrieval date and time indicated in this AGREEMENT. Retention of any of the equipment rented hereunder after the equipment retrieval date and time constitutes a material breach of this AGREEMENT. Any extension of this AGREEMENT must be made in writing. Title to the equipment is and shall remain with THERMAL BED BUG SOLUTIONS. If the equipment rented hereunder is not returned for any reason, THERMAL BED BUG SOLUTIONS may retake the equipment rented hereunder without further notice or legal process and use whatever measures are reasonably necessary to do so. RENTER shall indemnify, defend, and hold THERMAL BED BUG SOLUTIONS harmless from any and all claims and costs arising from such retaking.
POSSESSION AND TITLE. Each Party shall retain full title to its respective Gas and Liquid Hydrocarbons while in the Facilities. Company shall be deemed to be in possession of the Gas and Liquid Hydrocarbons following receipt at the Point of Delivery until it has been redelivered at the Points of Redelivery.