Common use of Purchaser Closing Deliveries Clause in Contracts

Purchaser Closing Deliveries. Except for: (i) the closing statement which shall be delivered on or before the Closing Date, and (ii) the balance of the Purchase Price which is to be delivered at the time specified in Section 2.2.3, Purchaser shall deliver to Escrow Agent, each of the following items no later than 1 Business Day prior to the Closing Date: 5.3.1. The full Purchase Price (with credit for the Deposit), plus or minus the adjustments or prorations required by this Contract. 5.3.2. Purchaser’s counterpart signature to the closing statement prepared by Title Insurer. 5.3.3. A countersigned counterpart of the General Assignment. 5.3.4. A countersigned counterpart of the Leases Assignment. 5.3.5. Notification letters to all Tenants prepared and executed by Purchaser in the form attached hereto as Exhibit G, which shall be delivered to all Tenants by Purchaser immediately after Closing. 5.3.6. Any cancellation fees or penalties due to any vendor under any Terminated Contract as a result of the termination thereof. 5.3.7. Resolutions, certificates of good standing, and such other organizational documents as Title Insurer shall reasonably require evidencing Purchaser's authority to consummate this transaction. 5.3.8. An Affidavit of Property Value, signed by Purchaser. 5.3.9. Such notices, transfer disclosures, affidavits or other similar documents that are required by applicable law to be executed by Purchaser or otherwise reasonably necessary in order to consummate the transactions contemplated under this Contract.

Appears in 2 contracts

Samples: Purchase and Sale Contract (Century Properties Growth Fund Xxii), Purchase and Sale Contract (Century Properties Fund Xix)

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Purchaser Closing Deliveries. Except for: (i) the closing statement which shall be delivered on or before the Closing Date, and (ii) the balance of the Purchase Price which is to be delivered at the time specified in Section 2.2.3, Purchaser shall deliver to Escrow Agent, each of the following items no later than 1 Business Day prior to the Closing Date: 5.3.1. The full Purchase Price (with credit for the Deposit), plus or minus the adjustments or prorations required by this Contract. 5.3.2. Purchaser’s counterpart signature to the closing statement prepared by Title Insurer. 5.3.3. A Four countersigned counterpart counterparts of the General Assignment. 5.3.4. A Four countersigned counterpart counterparts of the Leases Assignment. 5.3.5. Notification letters to all Tenants prepared and executed by Purchaser in the form attached hereto as Exhibit G, which shall be delivered to all Tenants by Purchaser immediately after Closing. 5.3.6. Any cancellation fees or penalties due to any vendor under any Terminated Contract as a result of the termination thereof. 5.3.7. Any necessary state, county or local governmental transfer tax forms or returns. 5.3.8. Resolutions, certificates of good standing, and such other organizational documents as Title Insurer shall reasonably require evidencing Purchaser's ’s authority to consummate this transaction. 5.3.8. An Affidavit of Property Value, signed by Purchaser. 5.3.9. Such notices, transfer disclosures, affidavits or other similar documents that are required by applicable law to be executed by Purchaser or otherwise reasonably necessary in order to consummate the transactions contemplated under this Contract.

Appears in 1 contract

Samples: Purchase and Sale Contract (National Property Investors 6)

Purchaser Closing Deliveries. Except for: (i) the closing statement which shall be delivered on or before No later than 1 Business Day prior to the Closing Date, and Date (ii) except for the balance of the Purchase Price which is to be delivered at the time specified in Section 2.2.3), Purchaser shall deliver to the Escrow Agent, each of Agent (for disbursement to Seller upon the Closing) the following items no later than 1 Business Day prior to the Closing Dateitems: 5.3.1. 5.3.1 The full Purchase Price (with credit for the DepositDeposit and, if applicable, the Loan Balance), plus or minus the adjustments or prorations required by this Contract. 5.3.2. 5.3.2 [Intentionally Omitted] 5.3.3 Any declaration or other statement which may be required to be submitted to the local assessor. 5.3.4 Purchaser’s counterpart signature to the closing statement prepared by Title Insurerstatement. 5.3.3. 5.3.5 A countersigned counterpart of the General Assignment. 5.3.4. 5.3.6 A countersigned counterpart of the Leases Assignment. 5.3.5. 5.3.7 Notification letters to all Tenants prepared and executed by Purchaser and Seller in the form attached hereto as Exhibit G, which shall be delivered to all Tenants by Purchaser immediately after Closing. 5.3.6. 5.3.8 Any cancellation fees or penalties due to any vendor under any Terminated Contract as a result of the termination thereof. 5.3.7. 5.3.9 Resolutions, certificates of good standing, and such other organizational documents as Title Insurer shall reasonably require evidencing Purchaser's ’s authority to consummate this transaction. 5.3.8. An Affidavit of Property Value5.3.10 All documents, signed by Purchaser. 5.3.9. Such noticesinstruments, transfer disclosuresguaranties, affidavits Lender Fees, Required Loan Fund Amounts, and other items or other similar documents that are funds required by applicable law the Lender to be executed by Purchaser or otherwise reasonably necessary in order to consummate cause the transactions contemplated under this ContractLoan Assumption and Release.

Appears in 1 contract

Samples: Purchase and Sale Contract (Davidson Growth Plus Lp)

Purchaser Closing Deliveries. Except for: for (i) the closing statement (which shall be delivered on or before the Closing Date, ) and (ii) the balance of the Purchase Price which is to be delivered at the time specified in Section 2.2.32.2.2, Purchaser shall deliver to Escrow Agent, each of the following items no later than 1 one (1) Business Day prior to the Closing Date: 5.3.1. 5.3.1 The full Purchase Price (with credit for the Deposit), plus or minus the adjustments or prorations pro-rations required by this Contract. 5.3.2. 5.3.2 Purchaser’s counterpart signature to the closing statement prepared by Title Insurer. 5.3.3. 5.3.3 A countersigned signed counterpart of the General Assignment. 5.3.4. 5.3.4 A countersigned signed counterpart of the Leases Assignment. 5.3.5. 5.3.5 Notification letters to all Tenants prepared and executed by Purchaser in the form attached hereto as Exhibit G, which shall be delivered to all Tenants by Purchaser immediately after Closing. 5.3.6. 5.3.6 Any cancellation fees or penalties due to any vendor under any Terminated Contract as a result of the termination thereof. 5.3.7. 5.3.7 Resolutions, certificates of good standing, and such other organizational documents as Title Insurer shall reasonably require evidencing Purchaser's ’s authority to consummate this transaction. 5.3.8. An Affidavit of Property Value, signed by Purchaser. 5.3.9. 5.3.8 Such notices, transfer disclosures, affidavits or other similar documents that are required by applicable law to be executed by Purchaser or otherwise reasonably necessary in order to consummate the transactions contemplated under this Contract.

Appears in 1 contract

Samples: Purchase and Sale Contract (Consolidated Capital Properties Iv)

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Purchaser Closing Deliveries. Except for: (i) the closing statement which shall be delivered on or before the Closing Date, and (ii) the balance of the Purchase Price which is to be delivered at the time specified in Section 2.2.3, Purchaser shall deliver to Escrow Agent, each of the following items no later than 1 Business Day prior to the Closing Date: 5.3.1. 5.3.1 The full Purchase Price (with credit for the Deposit), plus or minus the adjustments or prorations required by this Contract. 5.3.2. 5.3.2 Purchaser’s counterpart signature to the closing statement prepared by Title Insurer. 5.3.3. 5.3.3 A countersigned counterpart of the General Assignment. 5.3.4. 5.3.4 A countersigned counterpart of the Leases Assignment. 5.3.5. 5.3.5 Notification letters to all Tenants prepared and executed by Purchaser in the form attached hereto as Exhibit G, which shall be delivered to all Tenants by Purchaser immediately after Closing. 5.3.6. 5.3.6 Any cancellation fees or penalties due to any vendor under any Terminated Contract as a result of the termination thereof. 5.3.7. 5.3.7 Resolutions, certificates of good standing, and such other organizational documents as Title Insurer shall reasonably require evidencing Purchaser's authority to consummate this transaction. 5.3.8. An Affidavit 5.3.8 Countersigned counterparts to the completed Real Estate Transfer Declaration (on Form P-Tax 203 or such other form required by the Real Estate Transfer Act of Property Valuethe State of Illinois) and such other state, signed county or local real property tax transfer forms as required by PurchaserApplicable Law. 5.3.9. 5.3.9 Such notices, transfer disclosures, affidavits or other similar documents that are required by applicable law to be executed by Purchaser or otherwise reasonably necessary in order to consummate the transactions contemplated under this Contract.

Appears in 1 contract

Samples: Purchase and Sale Contract (HCW Pension Real Estate Fund LTD Partnership)

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