The Property and the Closing Date
The Property and the Closing Date Sample Clauses
Related to The Property and the Closing Date
THE PROPERTY AND THE RESERVE PRICE 1.1 The property particulars of which are described in the Proclamation of Sale (“Property Details”) is put up for sale by way of Public Auction (“The Auction Sale”) subject to the reserve price as stated in the Proclamation of Sale (“Reserve Price”).
Closing The closing of the sale of the Mortgage Loans (the “Closing”) shall be held at the offices of special counsel to the Purchaser at 10:00 a.m., New York City time, on the Closing Date. The Closing shall be subject to each of the following conditions:
Seller For each Mortgage Loan, the seller of such Mortgage Loan pursuant to the Mortgage Loan Purchase Agreement.
Pre Closing Covenants The Parties agree as follows with respect to the period between the execution of this Agreement and the Closing.
Buyer (Buyer) will take title 16 to the Property described below as Joint Tenants Tenants In Common Other .
Closing Date The date and time of the issuance and sale of the Note pursuant to this Agreement (the “Closing Date”) shall be on or around May 7, 2019.
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 Closing Deliveries At the Closing, Seller shall deliver or cause to be delivered the following:
At closing (1) Seller shall execute and deliver a general warranty deed conveying title to the Property to Buyer and showing no additional exceptions to those permitted in Paragraph 6 and furnish tax statements or certificates showing no delinquent taxes on the Property.
Date of Closing Subject to the conditions stated in this Agreement, the sale by Seller and the purchase by Buyer of the Assets pursuant to this Agreement (the “Closing”) shall occur on or before July 3, 2013, or such other date as Buyer and Seller may agree upon in writing (the “Closing Date”); provided however, that Seller shall have the right in its sole discretion to extend the Closing Date by up to thirty (30) days by written notice to Buyer if not all of the consents listed on Schedule 4.4 have been obtained.
