Real Estate Transfers Clause Samples

Real Estate Transfers. In connection with the Project, the Parties agree that the City shall transfer certain real property to Developer and Developer shall transfer certain real property to the City in order to reconfigure the public rights of way as shown in Exhibits . The actual real property transfers to be completed in each Development Phase shall be set forth in each applicable Development Phase Approval. Developer shall, following the Development Phase Approval, prepare all maps and legal descriptions as required to effectuate the proposed real estate transfers subject to the City’s approval, which will not be unreasonably withheld. As and when needed in connection with the development of an Approved Development Phase (and subject to the requirements set forth in this Agreement), the City shall convey any real property to Developer, following the vacation and abandonment of any public rights and the relocation of any utilities in such real property, by quitclaim deed in the form attached as Exhibit K. Developer shall convey any real property to the City by grant deed in the form attached as Exhibit L . Each Party shall have the right to perform physical, title and other customary due diligence before accepting title to exchanged land, and shall have the right to object to the condition of the property, in its reasonable discretion. It shall be a condition precedent to the City’s acceptance of any real property that the City obtain title insurance, at Developer’s sole cost, in form and from an issuer reasonably acceptable to City in the amount of the fair market value of the land. Developer shall have the right, but not the obligation, to obtain title insurance for the real property that it accepts; at Developer’s sole cost. If the accepting Party objects to the condition of the real property, including any title exceptions, then the Parties will meet and confer for a period of thirty (30) days, or such longer period as may be agreed to by the Parties, to try to reach a reasonable resolution. It is the Parties intent that Developer shall pay all reasonable costs of remedying any objectionable property condition. If the Parties are not able to reach resolution, then neither Party shall be required to complete the real property transfer.
Real Estate Transfers. 42 5.15 Technical Committees . . . . . . . . . . . . 42 5.16 Failure by the Investor to Acquire all Diblo Option Shares. . . . . . . . . . . 43
Real Estate Transfers. As soon as prac- --------------------- ticable following the Closing, the Controlling Sharehold- ers agree to take all action necessary to cause G-Modelo, and G-Modelo agrees, to transfer all of the outstanding shares of capital stock of Distribuidora Pacifico y Modelo de Tepic, S.A. de C.V. and Distribuidora Pacifico y Modelo de La Paz, S.A. de C.V. to a trust to be estab- lish▇▇ ▇▇▇▇▇ ▇ ▇rust agreement for the benefit of one or both of Control Consolidado or Patentes.
Real Estate Transfers. Evidence that as of the Effective Date, title to any real property owned by MCC or its Subsidiaries (other than a Newspaper Entity) primarily used in connection with the business of the Newspaper Entities shall have been transferred to the Borrower or a Restricted Subsidiary of the Borrower.
Real Estate Transfers. The Company (1) shall have transferred all of its title and interest in and to the real property described on Schedule 6.1(m) attached hereto (the "Excluded Real Estate") and all obligations relating to the Excluded Real Estate such that neither the Company nor the Subsidiary (A) has any interest in the Excluded Real Estate and (B) has any mortgage, indebtedness or other obligations related to the Excluded Real Estate (the "Real Estate Transfers") and (2) shall have delivered to Buyer documents evidencing the Real Estate Transfers, which shall be in form and substance reasonably satisfactory to Buyer.
Real Estate Transfers. Issuer has caused or shall cause First Preference Mortgage Corp. to transfer to First Preference Properties, Inc. the following properties: (a) A▇▇▇▇ # ▇▇▇▇▇: 9▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇., Farm L▇▇ ▇▇, ▇▇▇▇▇ ▇, ▇▇▇▇ ▇, ▇ & ▇. (▇) A▇▇▇▇ # ▇▇▇▇▇: 3▇▇ ▇. ▇▇▇ ▇▇., ▇▇▇▇ L▇▇ ▇▇, ▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇, ▇, ▇ ▇▇▇.
Real Estate Transfers. Seller shall have _____________________ complied with Section 11.13 with respect to its Real Property to be transferred to Buyer.
Real Estate Transfers. Prior to, or substantially concurrently with, the Closing, Sellers and the Company will effect the transactions required, if any, to cause (i) the Company to own good and marketable title to the real property, and all improvements thereon, located at ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ (the "ATLANTA STORE"), (ii) the Company to own good and marketable title to the real property, and all improvements thereon, adjoining the Atlanta Store and used by the Company (the "ATLANTA WAREHOUSE"), (iii) any leases relating to the Atlanta Store or the Atlanta Warehouse to be terminated (such transactions, if any, collectively referred to herein as the "ATLANTA WAREHOUSE TRANSFER").
Real Estate Transfers. Developer shall transfer certain real property to the City as generally shown on Exhibit Q. The City shall also have the right to accept from Developer temporary or permanent easements, as needed, in a form approved by the applicable City Agency and the City Attorney, for utility lines to be owned by the City. In addition, upon completion of the Public Improvements on Developer-owned property that will be owned, maintained and operated by the City, Developer shall transfer fee title to the underlying real property to the City when required under the applicable Public Improvement Agreement. The City shall accept such transfers, subject to this Section 6.2. Developer shall prepare all maps and legal descriptions as required to effectuate the proposed real estate transfers subject to the approval of the Director of Property (and, where applicable, the Public Works Director), which shall not be unreasonably withheld, conditioned or delayed. Following satisfaction of all conditions to closing, including the vacation and abandonment of any public rights and the relocation of any utilities in such real property, the City shall convey any real property to Developer, by quitclaim deed in the form attached as Exhibit T and Developer shall convey any real property to the City by grant deed in the form attached as Exhibit S. Except as otherwise provided herein, Developer shall accept any City property strictly in its “as is” condition, without representation or warranty and releases the City from any liability relating to the condition of the Property. Each Party shall have the right to perform physical, title, and other customary due diligence before accepting title to transferred land and shall have the right to object to the condition of the property, including the environmental condition, in its sole discretion. It shall be a condition precedent to the City’s acceptance of any real property hereunder that the City obtain title insurance, at Developer’s sole cost, in form and from an issuer reasonably acceptable to the City in the amount of the fair market value of the land. Developer shall have the right, but not the obligation, to obtain title insurance for the real property that it accepts at Developer’s sole cost. If the accepting Party objects to the condition of the real property, including any title exceptions, then the Parties shall meet and confer for a period of thirty (30) days, or such longer period as may be agreed to by the Parties, to try to reach a ...