Common use of Right to Pay Off Monetary Encumbrances Clause in Contracts

Right to Pay Off Monetary Encumbrances. Seller shall have the right to pay off any monetary encumbrances against the Properties on the Closing Dates, as hereinafter defined, out of the cash then payable provided recordable instruments of release or discharge of such encumbrances in form and substance reasonably satisfactory to Purchaser's counsel are then delivered to Purchaser.

Right to Pay Off Monetary Encumbrances. Seller shall have the right to pay off any monetary encumbrances against the Properties Property on the Closing Dates, as hereinafter defined, Date out of the cash then payable provided recordable instruments of release or discharge of such encumbrances in form and substance reasonably satisfactory to Purchaser's counsel for Purchaser and the Title Insurer are then delivered to Purchaser.

Right to Pay Off Monetary Encumbrances. Seller Sellers shall have the right to pay off any monetary encumbrances against the Properties on the Closing Dates, as hereinafter defined, Date out of the cash then payable provided recordable instruments of release or discharge of such encumbrances in form and substance reasonably satisfactory to Purchaser's counsel for Purchaser and the Title Insurer are then delivered to Purchaser.

Right to Pay Off Monetary Encumbrances. Seller shall have the right to pay off any monetary encumbrances against the Properties Property on the Closing Dates, as hereinafter defined, Date out of the cash then payable Price provided recordable instruments of release or and discharge of such encumbrances in form and substance reasonably satisfactory to Purchaser's ’s counsel are then thereafter delivered to Purchaser.