Common use of Purchaser’s Closing Documents Clause in Contracts

Purchaser’s Closing Documents. At the Closing, Purchaser shall deliver to Seller: (a) An executed counterpart of the Contract Assignment. (b) An executed counterpart of the Lease Assignment. (c) The Purchase Price, net of prorations, by issuance of the OP Units in accordance with the terms of Section 3(c) above. (d) Executed counterparts of the Loan Assumption Documents. (e) Reasonable proof of the authority of Purchaser’s signatories. (f) An executed counterpart of the Tax Protection Agreement in the form attached hereto as Exhibit H, for each Beneficial Owner that has also executed a Tax Protection Agreement. (g) The documents necessary to transfer the OP Units to each Beneficial Owner that has executed and delivered the documents required by Section 3(c). (h) Any other documents, instruments or agreements reasonably necessary to close the transaction as contemplated by this Agreement or by the Assumed Loan Lender or Seller in connection with the assignment of the Assumed Loan by Seller (including, the Loan Assumption Documents), the release of Seller or any guarantor that is affiliated with Seller from all obligations under the Assumed Loan from and after the Closing and the transfer from Seller to Purchaser of any and all escrow or reserve accounts related to the Property (whether held by Seller or the Assumed Loan Lender) and security deposits related to the Leases.

Purchaser’s Closing Documents. At the Closing, Purchaser shall deliver to Seller: (a) An executed counterpart of the Contract Assignment. (b) An executed counterpart of the Lease Assignment. (c) The Purchase Price, net of prorations, by issuance of the OP Units in accordance with the terms of Section 3(c) above. (d) Executed counterparts of the Loan Assumption Documents. (e) Executed counterparts of the Ground Lease Assignment Documents. (f) Reasonable proof of the authority of Purchaser’s signatories. (fg) An executed counterpart of the Tax Protection Agreement in the form attached hereto as Exhibit H, for each Beneficial Owner that has also executed a Tax Protection Agreement. (gh) The documents necessary to transfer the OP Units to each Beneficial Owner that has executed and delivered the documents required by Section 3(c). (hi) Any other documents, instruments or agreements reasonably necessary to close the transaction as contemplated by this Agreement or by the Assumed Loan Lender or Seller in connection with the assignment of the Assumed Loan by Seller (including, the Loan Assumption Documents), the release of Seller or any guarantor that is affiliated with Seller from all obligations under the Assumed Loan from and after the Closing and the transfer from Seller to Purchaser of any and all escrow or reserve accounts related to the Property (whether held by Seller or the Assumed Loan Lender) and security deposits related to the Leases.