The Port’s Closing Obligations Sample Clauses

The Port’s Closing Obligations. At the Closing, the Port shall deliver to the Title Company for the benefit of Georgia-Pacific (i) a duly executed counterpart of the Permit Assignment and Assumption Agreement, (ii) a duly executed counterpart of the Lease Assignment and Assumption Agreement, (iii) a duly executed counterpart of the Tissue Warehouse Lease, (iv) the Officer’s Certificate of the Port described in Section 20.3 herein, (v) a duly executed counterpart of the Reservation, (vi) the funds necessary to pay the real estate excise tax, if any, on the transfer of the ASB, based on an allocated value of $15,000,000, (vii) the funds necessary to pay one-half (1/2) of the standard owner’s title insurance policy for the Port, and (viii) the funds necessary to pay the sum of $8,038,400 to AIG as the Port’s Inception Date contribution toward the premium expense for the Environmental Insurance Policy and the tax thereon; and (ix) such transfer tax affidavits, escrow instructions, and related documents as the Title Company may reasonably request.
Sample 1
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Related to The Port’s Closing Obligations

  • Closing Obligations At the Closing:

  • Post-Closing Obligations Seller and Buyer agree to the following post-Closing obligations:

  • Pre Closing Covenants The Parties agree as follows with respect to the period between the execution of this Agreement and the Closing.

  • Surviving Obligations The obligations of the Company and your obligations under this Agreement shall survive the expiration of this Agreement to the extent necessary to give effect to this Agreement.

  • Seller’s Closing Deliveries At the Closing, Seller shall deliver or cause to be delivered the following:

  • Reporting Obligations As long as any Holder shall own Registrable Securities, the Company, at all times while it shall be a reporting company under the Exchange Act, covenants to file timely (or obtain extensions in respect thereof and file within the applicable grace period) all reports required to be filed by the Company after the date hereof pursuant to Sections 13(a) or 15(d) of the Exchange Act and to promptly furnish the Holders with true and complete copies of all such filings. The Company further covenants that it shall take such further action as any Holder may reasonably request, all to the extent required from time to time to enable such Holder to sell shares of Common Stock held by such Holder without registration under the Securities Act within the limitation of the exemptions provided by Rule 144 promulgated under the Securities Act (or any successor rule promulgated thereafter by the Commission), including providing any legal opinions. Upon the request of any Holder, the Company shall deliver to such Holder a written certification of a duly authorized officer as to whether it has complied with such requirements.

  • Escrow Closing Buyer and Seller acknowledge and understand that the closing of the sale may be handled by an escrow agent and that the listing broker is authorized to transfer the xxxxxxx money or any other funds received to the escrow agent. After the transfer, Broker shall have no further responsibility or liability to Buyer or Seller to account for the funds. Escrow agent’s charges shall be equally divided between Buyer and Seller.

  • Seller’s Obligations at Closing At Closing, Seller shall:

  • Post Closing Covenants The Parties agree as follows with respect to the period following the Closing.

  • School Closing In the event that school is closed for any reason and the School District does not require employees to perform services, employees shall be compensated as follows:

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