Common use of Title Company's Duties and Closing Clause in Contracts

Title Company's Duties and Closing. Seller and Buyer shall instruct Title Company to close escrow on the Closing Date by: (a) Recording all documents as may be necessary to clear title in accordance with the requirements of the Title Report applicable to each Location, subject only to the Approved Exceptions; (b) Recording the Deeds in the appropriate counties consistent with each Location and instructing the County Recorder of each such County not to affix the amount of any documentary or transfer taxes to the Deed but to attach a separate statement to such Deed after recording; (c) Paying all closing costs and making all prorations in accordance with Sections 5.3 and 5.4 of this Agreement and a closing statement of adjustments and prorations prepared by Title Company and approved by Buyer and Seller prior to the Closing Date (the "Closing Statement"); (d) Delivering to Buyer the Buyer's Title Policies; Title Company's certified Closing Statement; conformed copies of the Deeds and any other documents recorded at closing showing available recordation information (collectively, the "Recorded Documents"), an original with respect to each Location of each of the Assignment of Lease, the Xxxx of Sale, the General Assignment and copies of all other documents delivered to Title Company; and (e) Delivering to Seller the entire Purchase Price, plus or minus closing adjustments and prorations, Title Company's certified Closing Statement, conformed copies of the Recorded Documents, an original with respect to each Location of each of the Assignment of Lease, the Xxxx of Sale, the General Assignment and copies of all other documents delivered to Title Company.

Title Company's Duties and Closing. Seller and Buyer shall instruct Title Company to close escrow on the Closing Date by: (a) Recording all documents as may be necessary to clear title in accordance with the requirements of the Title Report applicable to each Location, subject only to the Approved Exceptionsthis Agreement; (b) Recording the Deeds Deed, the Covenants and Restrictions and the Subordination Agreement, in the appropriate counties consistent with each Location that order, and instructing the Xxxxxxxxxx County Recorder of each such County not to affix the amount of any documentary or transfer taxes to the Deed but to attach a separate statement to such Deed after recordingthe Deed; (c) Paying all closing costs and making all prorations in accordance with Sections 5.3 and 5.4 of this Agreement and a closing statement of adjustments and prorations prepared by Title Company and approved by Buyer and Seller prior to the Closing Date (the "Closing Statement"); (d) Delivering to Buyer the Buyer's Title PoliciesPolicy; Title Company's certified Closing Statement; a conformed copies of the Deeds and any other documents recorded at closing showing available recordation information (collectively, the "Recorded Documents"), an original with respect to each Location copy of each of the Assignment Deed, the Covenants and Restrictions and the Subordination Agreement showing recording information, an original of Lease, each of the Xxxx of Sale, the General Assignment and the FIRPTA Certificate and copies of all other documents delivered to Title Company; anddeposited into escrow; (e) Delivering to Seller the entire Purchase Price, plus or minus closing adjustments and prorations, Title Company's certified Closing Statement, a conformed copies of the Recorded Documents, an original with respect to each Location copy of each of the Assignment of LeaseDeed, the Xxxx Covenants and Restrictions and the Subordination Agreement showing recording information, an original of Sale, each of the General Assignment and the Closing Certificate, and copies of all other documents delivered deposited into escrow; and (f) recording or delivering to Title Companythe appropriate parties documents evidencing the financing, if any, of Buyer's acquisition of the Property.

Title Company's Duties and Closing. Seller and Buyer shall instruct Title Company to close escrow on the Closing Date by: (a) Recording all documents as may be necessary to clear title in accordance with the requirements of the Title Report applicable to each Location, subject only to the Approved Exceptionsthis Agreement; (b) Recording the Deeds Deed and the Assignment of Lease, in the appropriate counties consistent with each Location and that order, and, if applicable, instructing the Collin County Recorder of each such County not to affix the amount of any documentary or transfer taxes to the Deed but to attach a separate statement to such the Deed after recording; (c) Paying all closing costs and making all prorations in accordance with Sections 5.3 and 5.4 of this Agreement and a closing statement of adjustments and prorations prepared by Title Company and approved by Buyer and Seller prior to the Closing Date (the "Closing Statement"); (d) Delivering to Buyer the Buyer's Title PoliciesPolicy; Title Company's certified Closing Statement; conformed copies of the Deeds Deed and any other documents recorded at closing the Assignment of Lease showing available recordation information (collectively, the "Recorded Documents"), an original with respect to each Location of each of the Assignment of Lease, the Xxxx of Sale, the General Assignment and the FIRPTA Certificate and copies of all other documents delivered to Title Companydeposited into Escrow; and (e) Delivering to Seller the entire Purchase Price, plus or minus closing adjustments and prorations, Title Company's certified Closing Statement, conformed copies of the Recorded Documents, an original with respect to each Location of each of the Assignment of LeaseAssumption Agreement, the Xxxx of Sale, the General Assignment and the Closing Certificate and copies of all other documents delivered to Title Company.