Common use of Possession; Risk of Loss Clause in Contracts

Possession; Risk of Loss. Seller shall deliver to Purchaser possession of the Property on the Closing Date, subject only to the Leases and Permitted Exceptions. All risk of loss or damage with respect to the Property shall pass from Seller to Purchaser upon Closing.

Appears in 10 contracts

Samples: Purchase and Sale Agreement (Corporate Realty Income Fund I L P), Purchase and Sale Agreement (Corporate Realty Income Fund I L P), Purchase and Sale Agreement (Corporate Realty Income Fund I L P)

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Possession; Risk of Loss. Upon the Closing, Seller shall deliver to Purchaser Buyer possession of the Property Property, free and clear of all liens and encumbrances other than the Permitted Exceptions and any mortgage to be caused to be placed on the Closing Date, subject only Property by Buyer to provide financing of the Leases and Permitted ExceptionsPurchase Price. All risk Risk of loss or damage with respect to for the Property shall pass from remain with Seller prior to Purchaser upon Closing.

Appears in 3 contracts

Samples: Form of Real Estate Purchase and Sale Agreement (Inspire Veterinary Partners, Inc.), Form of Real Estate Purchase and Sale Agreement (Inspire Veterinary Partners, Inc.), Form of Real Estate Purchase and Sale Agreement (Inspire Veterinary Partners, Inc.)

Possession; Risk of Loss. Seller shall deliver to Purchaser possession of the Property on to Buyer at the Closing DateClosing, subject only to the Leases and Permitted Title Exceptions. All The risk of loss of any damage or damage with respect destruction to the Property shall pass from remain with Seller to Purchaser upon until the Closing.

Appears in 3 contracts

Samples: Land Purchase Agreement, Land Purchase Agreement, Land Purchase Agreement

Possession; Risk of Loss. Seller shall deliver to Purchaser Buyer possession of the Property on the Closing Date, subject only to the Leases and any existing tenancies, and Permitted Exceptions. All risk of loss or damage with respect to the Property shall pass from Seller to Purchaser upon ClosingBuyer on the Closing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Corporate Realty Income Fund I L P)

Possession; Risk of Loss. Seller shall deliver to Purchaser possession of the Property on the Closing Date, subject only to the Leases Lease and Permitted Exceptions. All risk of loss or damage with respect to the Property shall pass from Seller to Purchaser upon Closingon the Closing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Corporate Realty Income Fund I L P)

Possession; Risk of Loss. Seller shall deliver to Purchaser possession of the Property on the Closing Date, subject only to the rights of tenants (as tenants only) under Leases and Permitted Exceptions. All risk of loss or damage with respect to the Property shall pass from Seller to Purchaser upon Closing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Corporate Realty Income Fund I L P)

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Possession; Risk of Loss. Seller shall deliver to Purchaser Buyer possession of the Property on the Closing Date, subject only to the Leases and Permitted Exceptions. All risk of loss or damage with respect to the Property shall pass from Seller to Purchaser upon ClosingBuyer on the Closing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Trade Street Residential, Inc.)

Possession; Risk of Loss. Seller shall deliver to Purchaser Buyer possession of the Subject Property on the Closing Date, subject only to the Leases and Permitted Exceptions. All risk of loss or damage with respect to the Property shall pass from Seller to Purchaser upon ClosingBuyer on the Closing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Rockwell Automation Inc)

Possession; Risk of Loss. Seller shall deliver to Purchaser Buyer possession of the Property on the Closing Date, subject only to the Leases and Permitted Exceptionsthe matters set forth in the Approved Title Commitment. All risk of loss or damage with respect to the Property shall pass from Seller to Purchaser upon ClosingBuyer on the Closing Date.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Wellsford Real Properties Inc)

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