Common use of Reconveyance Documents Clause in Contracts

Reconveyance Documents. Without limiting the foregoing, Landlord upon request shall execute and deliver: (i) a deed or xxxx of sale reconveying all of Landlord’s right title and interest in the improvements to Tenant; (ii) a memorandum in recordable form reflecting the termination of this Lease; (iii) an assignment of Landlord's right, title and interest in and to all licenses, permits, guaranties and warranties relating to the ownership or operation of the Premises to which Landlord is a party and which are assignable by Landlord, and (iv) such other reasonable and customary documents as may be required by Tenant or its title insurer including, without limitation, FIRPTA and mechanic's lien affidavits, to confirm the termination of this Lease and the revesting of title to the Premises in Tenant or its successor, or Tenant’s successor by foreclosure, as the case may be.

Appears in 2 contracts

Samples: Land and Improvements Lease, Modification Agreement

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Reconveyance Documents. Without limiting the foregoing, Landlord upon request shall execute and deliver: (i) a special warranty deed or xxxx of sale reconveying all of Landlord’s right title and interest in the improvements Premises to Tenant; (ii) a memorandum in recordable form reflecting the termination of this Lease; (iii) an assignment of Landlord's right, title and interest in and to all licenses, permits, guaranties and warranties relating to the ownership or operation of the Premises to which Landlord is a party and which are assignable by Landlord, and (iv) such other reasonable and customary documents as may be required by Tenant or its title insurer including, without limitation, FIRPTA and mechanic's lien affidavits, to confirm the termination of this Lease and the revesting of title to the Premises in Tenant or its successor, or all respects in Tenant’s successor by foreclosure, as the case may be.

Appears in 2 contracts

Samples: Development and Disposition Agreement, Development Parcel Agreement

Reconveyance Documents. Without limiting the foregoing, Landlord upon request shall execute and deliver: (ia) a deed or xxxx of sale reconveying all of Landlord’s 's right title and interest in the improvements to Tenant; (iib) a memorandum in recordable form reflecting the termination of this Lease; (iiic) an assignment of Landlord's right, title and interest in and to all licenses, permits, guaranties and warranties relating to the ownership or operation of the Premises to which Landlord is a party and which are assignable by Landlord, and (ivd) such other reasonable and customary documents as may be required by Tenant or its title insurer including, without limitation, FIRPTA and mechanic's lien affidavits, to confirm the termination of this Lease and the revesting of title to the Premises in Tenant or its successor, or Tenant’s successor by foreclosure, as the case may be.

Appears in 2 contracts

Samples: Development Agreement, Escrow Agreement

Reconveyance Documents. Without limiting the foregoing, Landlord upon request shall execute and deliver: (i) a special warranty deed or xxxx of sale reconveying all of Landlord’s right title and interest in the improvements Premises to Tenant; (ii) a memorandum in recordable form reflecting the termination of this Lease; (iii) an assignment of Landlord's ’s right, title and interest in and to all licenses, permits, guaranties and warranties relating to the ownership or operation of the Premises to which Landlord is a party and which are assignable by Landlord, and (iv) such other reasonable and customary documents as may be required by Tenant or its title insurer including, without limitation, FIRPTA Foreign Investment in Real Property Tax Act of 1980 (“FIRPTA”) and mechanic's ’s lien affidavits, to confirm the termination of this Lease and the revesting of title to the Premises in all respects in Tenant or its successor, or Tenant’s Tenants’ successor by foreclosure, as the case may be.

Appears in 1 contract

Samples: Land and Improvements Lease

Reconveyance Documents. Without limiting the foregoing, Landlord upon request shall execute and deliver: (i) a deed or xxxx of sale reconveying all of Landlord’s right title and interest in the land and improvements to Tenant; (ii) a memorandum in recordable form reflecting the termination of this Lease; (iii) an assignment of Landlord's right, title and interest in and to all licenses, permits, guaranties and warranties relating to the ownership or operation of the Premises to which Landlord is a party and which are assignable by Landlord, and (iv) such other reasonable and customary documents as may be required by Tenant or its title insurer including, without limitation, FIRPTA and mechanic's lien affidavits, to confirm the termination of this Lease and the revesting of title to the Premises in Tenant or its successor, or Tenant’s successor by foreclosure, as the case may be.

Appears in 1 contract

Samples: Land and Improvements Lease

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Reconveyance Documents. Without limiting the foregoing, Landlord upon request shall execute and deliver: (i) a deed or and xxxx of sale reconveying all of Landlord’s right title and interest in the Premises and improvements to Tenant; (ii) a memorandum in recordable form reflecting the termination of this Lease; (iii) an assignment of Landlord's right, title and interest in and to all licenses, permits, guaranties and warranties relating to the ownership or operation of the Premises to which Landlord is a party and which are assignable by Landlord, and (iv) such other reasonable and customary documents as may be required by Tenant or its title insurer including, without limitation, FIRPTA and mechanic's lien affidavits, to confirm the termination of this Lease and the revesting of title to the Premises in Tenant or its successor, or Tenant’s successor by foreclosure, as the case may be.

Appears in 1 contract

Samples: Development and Disposition Agreement

Reconveyance Documents. Without limiting the foregoing, Landlord upon request shall execute and deliver: (ia) a special warranty deed or xxxx of sale reconveying all of Landlord’s right 's right, title and interest in the improvements Premises to Tenant; (iib) a memorandum in recordable form reflecting the termination of this Lease; (iiic) an assignment of Landlord's right, title and interest in and to all licenses, permits, guaranties and warranties relating to the ownership or operation of the Premises to which Landlord is a party and which are assignable by Landlord, and (ivd) such other reasonable and customary documents as may be required by Tenant or its title insurer including, without limitation, FIRPTA and mechanic's lien affidavits, to confirm the termination of this Lease and the revesting of title to the Premises in Tenant or its successor, or Tenant’s successor by foreclosure, as the case may be.

Appears in 1 contract

Samples: Land and Improvements Lease

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