The Transfer Documents. (a) The Real Property will be conveyed by a special warranty deed in substantially the form attached hereto as Exhibit B (the “Deed”). The Personalty will be conveyed by a xxxx of sale in substantially the form attached as Exhibit C (the “Xxxx of Sale”). The Lease will be assigned by an assignment and assumption of lease in substantially the form attached as Exhibit D (the “Assignment of Lease”). The Permits, Warranties, Property Documents and Intangibles will be assigned by an assignment agreement in substantially the form attached as Exhibit E (the “Assignment Agreement”). The Parties will supplement the foregoing with such additional documents, if any, as may reasonably be required to properly convey specific items of the Property. If the transfer of any Warranties requires the approval of the applicable warrantor or the satisfaction of any other conditions to such transfer, Seller will obtain such approvals and satisfy all such conditions by the Closing Date. The Deed, Xxxx of Sale, Assignment of Lease, Assignment Agreement, and the other closing documents required under this Agreement or otherwise delivered by the Parties at Closing are collectively referred to as the “Transfer Documents”. Seller and Buyer will deposit duly executed and (as appropriate) acknowledged originals of each of the Transfer Documents with Escrow Agent not later than one (1) business day prior to the Closing Date.
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Samples: Purchase and Sale Agreement (Cole Credit Property Trust V, Inc.), Purchase and Sale Agreement (Cole Credit Property Trust V, Inc.)
The Transfer Documents. (a) The Real Property will be conveyed by a special warranty deed an Assignment and Assumption of Ground Lease in substantially the form attached hereto as Exhibit B (the “DeedGround Lease Assignment”)) subject to the Permitted Title Exceptions. The Personalty will be conveyed by a xxxx of sale in substantially the form attached as Exhibit C (the “Xxxx of Sale”). The Lease will be assigned by an assignment and assumption of lease in substantially the form attached as Exhibit D (the “Assignment of Lease”). The Permits, Warranties, Property Documents and Intangibles will be assigned by an assignment agreement in substantially the form attached as Exhibit E (the “Assignment Agreement”). The Parties will supplement the foregoing with such additional documents, if any, as may reasonably be required to properly convey specific items of the Property. If the transfer of any Warranties requires the approval of the applicable warrantor or the satisfaction of any other conditions to such transfer, Seller will use its best efforts to obtain such approvals and satisfy all such conditions by the Closing Date, provided such approvals shall not be a condition to Closing. The DeedGround Lease Assignment, Xxxx of Sale, Assignment of Lease, Assignment Agreement, and the other closing documents required under this Agreement or otherwise delivered by the Parties at Closing are collectively referred to as the “Transfer Documents”. Seller and Buyer will deposit duly executed and (as appropriate) acknowledged originals of each of the Transfer Documents with Escrow Agent not later than one (1) business day prior to the Closing Date.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Cole Office & Industrial REIT (CCIT II), Inc.)
The Transfer Documents. (a) The Real Property will be conveyed by a special warranty covenant deed in substantially the form attached hereto as Exhibit B (the “Deed”). The Personalty will be conveyed by a xxxx of sale in substantially the form attached as Exhibit C (the “Xxxx of Sale”). The Lease will be assigned by an assignment and assumption of lease in substantially the form attached as Exhibit D (the “Assignment of Lease”). The Permits, Warranties, Property Documents and Intangibles will be assigned by an assignment agreement in substantially the form attached as Exhibit E (the “Assignment Agreement”). The Parties will supplement the foregoing with such additional documents, if any, as may reasonably be required to properly convey specific items of the Property. If the transfer of any Warranties requires the approval of the applicable warrantor or the satisfaction of any other conditions to such transfer, Seller will obtain such approvals and satisfy all such conditions by the Closing Date. The Deed, Xxxx of Sale, Assignment of Lease, Assignment Agreement, and the other closing documents required under this Agreement or otherwise delivered by the Parties at Closing are collectively referred to as the “Transfer Documents”. Seller and Buyer will deposit duly executed and (as appropriate) acknowledged originals of each of the Transfer Documents with Escrow Agent not later than one (1) business day prior to the Closing Date.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Cole Credit Property Trust V, Inc.)
The Transfer Documents. (a) The Real Property will be conveyed by a special limited warranty deed in substantially the form attached hereto as Exhibit B (the “Deed”). The Personalty will be conveyed by a xxxx of sale in substantially the form attached as Exhibit C (the “Xxxx of Sale”). The Lease Leases will be assigned by an assignment and assumption of lease in substantially the form attached as Exhibit D (the “Assignment of LeaseLeases”). The Permits, Warranties, Property Documents and Intangibles will be assigned by an assignment agreement in substantially the form attached as Exhibit E (the “Assignment Agreement”). The Parties will supplement the foregoing with such additional documents, if any, as may reasonably be required to properly convey specific items of the Property. If the transfer of any Warranties requires the approval of the applicable warrantor or the satisfaction of any other conditions to such transfer, Seller will obtain such approvals and satisfy all such conditions by the Closing Date. The Deed, Xxxx of Sale, Assignment of LeaseLeases, Assignment Agreement, and the other closing documents required under this Agreement or otherwise delivered by the Parties at Closing are collectively referred to as the “Transfer Documents”. Seller and Buyer will deposit duly executed and (as appropriate) acknowledged originals of each of the Transfer Documents with Escrow Agent not later than one (1) business day prior to the Closing Date.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Cole Office & Industrial REIT (CCIT II), Inc.)
The Transfer Documents. (a) The Real Property will Personalty shall be conveyed transferred by a special warranty deed in substantially that certain xxxx of sale from Seller to Buyer, the agreed upon form of which is attached hereto as Exhibit B (the “Deed”). The Personalty will be conveyed by a xxxx of sale in substantially the form attached as Exhibit C (the “Xxxx of Sale”). The ; the Lease will shall be assigned transferred by an that certain assignment and assumption of lease in substantially and guaranty, the agreed upon form of which is attached hereto as Exhibit D C (the “Assignment of Lease”). The ; the Permits, WarrantiesWarranties and Contracts shall be transferred by that certain assignment and assumption agreement, Property Documents and Intangibles will be assigned by an assignment agreement in substantially the agreed upon form of which is attached hereto as Exhibit E D (the “Assignment Agreement”); and the Real Property, the Building and the Improvements shall be transferred and conveyed by execution and delivery of Seller’s special warranty deed, the agreed upon form of which is attached hereto as Exhibit E (the “Deed”). The Parties will supplement Xxxx of Sale, the foregoing with such additional documentsAssignment of Lease, if anythe Assignment Agreement and the Deed are hereinafter collectively referred to as the “Transfer Documents”. Notwithstanding the foregoing, as may reasonably be required to properly convey specific items in the event any Warranty transfer (other than a transfer of the Property. If Warranty relating to the transfer of any Warranties roof) requires the approval of the applicable warrantor or the and/or satisfaction of any other conditions to such transfer, Seller will shall use reasonable efforts to obtain such approvals approval and satisfy all such conditions by the Closing Date. The Deed, Xxxx of Sale, Assignment of Lease, Assignment Agreementno later than XXX (as defined below) at no cost to Seller, and provided that failure to deliver such approvals or satisfy such conditions shall not be a default by Seller hereunder or a condition to Purchaser’s obligations hereunder. With respect to the other closing documents required under this Agreement or otherwise delivered by transfer of the Parties Warranty relating to the roof, Seller shall credit to Buyer at Closing are collectively referred to as XXX the “Transfer Documents”. Seller amount of $500.00 and Buyer will deposit duly executed and (as appropriate) acknowledged originals shall be responsible for obtaining the assignment of each of the Transfer Documents with Escrow Agent not later than one (1) business day prior to the Closing Datesuch roof Warranty post-XXX.
Appears in 1 contract
Samples: Purchase Agreement (Cole Corporate Income Trust, Inc.)