Common use of Purchaser’s Obligations at Closing Clause in Contracts

Purchaser’s Obligations at Closing. At Closing, Purchaser shall: (a) pay to Seller the full amount of the Purchase Price, as increased or decreased by prorations and adjustments as herein provided, in immediately available wire transferred funds pursuant to Section 1.4 hereof; (b) join Seller in execution of the Assignment of Leases, Assignment of Contracts and Lease Termination; (c) deliver to Seller such evidence as the Title Company may reasonably require as to the authority of the person or persons executing documents on behalf of Purchaser; (d) deliver such affidavits as may be customarily and reasonably required by the Title Company, in a form reasonably acceptable to Purchaser; (e) execute a closing statement acceptable to Purchaser; and (f) deliver such additional documents as shall be reasonably required to consummate the transaction contemplated by this Agreement.

Appears in 3 contracts

Samples: Sale Agreement (Meyer Fred Inc), Sale Agreement (Meyer Fred Inc), Sale Agreement (Meyer Fred Inc)

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Purchaser’s Obligations at Closing. At Closing, Purchaser shall: (a) pay to Seller the full amount of the Purchase Price, as increased or decreased by prorations and adjustments as herein provided, in immediately available wire transferred funds pursuant to Section 1.4 hereof; (b) join Seller in execution of the Assignment Assignments of Leases, Assignment of Contracts and Lease TerminationTerminations; (c) deliver to Seller such evidence as the Title Company may reasonably require as to the authority of the person or persons executing documents on behalf of Purchaser; (d) deliver such affidavits as may be customarily and reasonably required by the Title Company, in a form reasonably acceptable to Purchaser; (e) execute a closing statement acceptable to Purchaser; and (f) deliver such additional documents as shall be reasonably required to consummate the transaction contemplated by this Agreement.

Appears in 1 contract

Samples: Sale Agreement (Meyer Fred Inc)

Purchaser’s Obligations at Closing. At Closing, Purchaser shall: (a) pay to Seller the full amount of the Purchase PricePrice (less the Deposit disbursed to Seller), as increased or decreased by prorations and adjustments as herein provided, in immediately available wire transferred funds pursuant to Section 1.4 1.3 hereof; (b) join Seller in execution of the Memorandum of Earn-Out Payment Obligation and the Assignment of Leases, Assignment of Contracts and Lease TerminationIntangibles; (c) deliver to Seller Title Company such evidence as the Title Company may reasonably require as to the authority of the person or persons executing documents on behalf of Purchaser; (d) deliver such affidavits as may be customarily and reasonably required by the Title Company, in a form and substance reasonably acceptable to Purchaser; (e) execute a closing statement acceptable to Purchaserand proration statement; and (f) deliver such additional documents as shall be reasonably required to consummate the transaction contemplated by this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Allstate Corp)

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Purchaser’s Obligations at Closing. At Closing, Purchaser shall: (a) pay to Seller the full amount of the Purchase Price, as increased or decreased by prorations and adjustments as herein provided, in immediately available wire transferred funds pursuant to Section 1.4 hereof; (b) join Seller in execution of the Assignment Assignment[s] of Leases, Assignment of Contracts and Lease TerminationTerminations; (c) deliver to Seller such evidence as the Title Company may reasonably require as to the authority of the person or persons executing documents on behalf of Purchaser; (d) deliver such affidavits as may be customarily and reasonably required by the Title Company, in a form reasonably acceptable to Purchaser; (e) execute a closing statement acceptable to Purchaser; and (f) deliver such additional documents as shall be reasonably required to consummate the transaction contemplated by this Agreement.

Appears in 1 contract

Samples: Sale Agreement (Meyer Fred Inc)

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