Common use of USE OF MONEY TO CLEAR TITLE Clause in Contracts

USE OF MONEY TO CLEAR TITLE. To enable the SELLER to make conveyance as herein provided, the SELLER may, at the time of delivery of the deed, use the purchase money or any portion thereof to clear the title of any or all encumbrances or interests, provided that all instruments so procured are recorded simultaneously with the delivery of said deed.

Appears in 9 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

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USE OF MONEY TO CLEAR TITLE. To enable the SELLER to make conveyance as herein provided, the SELLER may, at the time of delivery of the deed, use the purchase money or any portion thereof to clear the title of any or all encumbrances or interests, provided that all instruments so procured are either recorded simultaneously with the delivery of said deeddeed or thereafter consistent with customary Massachusetts conveyancing practice.

Appears in 5 contracts

Samples: Purchase and Sale Agreement (Quaker Fabric Corp /De/), Purchase and Sale Agreement (Quaker Fabric Corp /De/), Purchase and Sale Agreement (Quaker Fabric Corp /De/)

USE OF MONEY TO CLEAR TITLE. To enable the SELLER to make conveyance as herein provided, the SELLER may, at the time of delivery of the deed, use the purchase money or any portion thereof to clear the title of any or all encumbrances or interests, provided that all instruments so procured are recorded simultaneously with the delivery of said deed.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (New England Realty Associates Limited Partnership), Purchase and Sale Agreement (New England Realty Associates Limited Partnership), Purchase and Sale Agreement (New England Realty Associates Limited Partnership)

USE OF MONEY TO CLEAR TITLE. To enable the SELLER Seller to make the conveyance as herein provided, the SELLER Seller may, at the time of delivery of the deedDeed, use the purchase money money, or any portion thereof thereof, to clear the title of any or all encumbrances or interests, provided that all instruments so procured are recorded either simultaneously with the delivery of said deedthe Deed, or within a reasonable period of time thereafter.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement

USE OF MONEY TO CLEAR TITLE. To enable the SELLER Seller to make conveyance as herein provided, the SELLER Seller may, at the time of delivery of the this deed, use the purchase money or any portion thereof to clear the title of any or all encumbrances or interests, provided that all instruments so procured are recorded simultaneously with the delivery of said deeddeed or, for institutional mortgages, are recorded in accordance with customary conveyancing practices.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement

USE OF MONEY TO CLEAR TITLE. To enable the SELLER to make conveyance as herein provided, the SELLER may, at the time of delivery of the deed, use the purchase money or any portion thereof to clear the title of any or all encumbrances or interests, provided that all instruments so procured are recorded simultaneously with within a reasonable time after the delivery of said deeddeed in accordance with local conveyancing practices.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement

USE OF MONEY TO CLEAR TITLE. To enable the SELLER to make conveyance as herein provided, the SELLER may, at the time of delivery of the deed, use the purchase money or any portion thereof to clear the title of any or all encumbrances or interests, provided that all instruments so procured are recorded simultaneously in accordance with the delivery of said deedcustomary local conveyancing practice.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement

USE OF MONEY TO CLEAR TITLE. To enable the SELLER to make conveyance as herein provided, the SELLER may, at the time of delivery of the deed, use the purchase money or any portion thereof to clear the title of any or all encumbrances or interests, provided that all instruments so procured are recorded simultaneously with the delivery of said deeddeed or, in the case of institutional mortgages, arrangements for subsequent recording are made in accordance with customary conveyancing practice.

Appears in 1 contract

Samples: Purchase & Sale Agreement

USE OF MONEY TO CLEAR TITLE. To enable the SELLER to make conveyance as herein provided, the SELLER may, at the time of delivery of the deed, use the purchase money or any portion thereof to clear the title of any or all encumbrances or interests, provided and to obtain and record any documents necessary for that all instruments so procured are recorded simultaneously with the delivery of said deedpurpose.

Appears in 1 contract

Samples: Purchase and Sale Agreement

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USE OF MONEY TO CLEAR TITLE. To enable the SELLER to make conveyance as herein provided, the SELLER may, at the time of delivery of the deed, use the purchase money or any portion thereof to clear the title of any or all encumbrances or interests, provided that all instruments so procured are recorded simultaneously with the delivery of said deed.

Appears in 1 contract

Samples: Purchase and Sale Agreement

USE OF MONEY TO CLEAR TITLE. To enable the SELLER to make conveyance as herein provided, the SELLER may, at the time of delivery of the deed, use the purchase money or any portion thereof to clear the title of any or all encumbrances or interests, provided that all instruments so procured are recorded simultaneously with the delivery of said deed.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Benthos Inc)

USE OF MONEY TO CLEAR TITLE. To enable the SELLER to make conveyance as herein provided, the SELLER may, at the time of delivery of the this deed, use the purchase money or any portion thereof to clear the title of any or all encumbrances or interests, provided that all instruments so procured are recorded simultaneously with the delivery of said deed. SELLER shall not pay a so-called “tracking fee” under any circumstances.

Appears in 1 contract

Samples: Purchase and Sale Agreement

USE OF MONEY TO CLEAR TITLE. To enable the SELLER Seller to make conveyance as herein provided, the SELLER Seller may, at the time of delivery of the deed, use the purchase money or any portion thereof to clear the title of any or all encumbrances or interests, provided that all instruments so procured are recorded simultaneously with the delivery of said deeddeed or, in the case of institutional mortgages, arrangements for subsequent recording are made in accordance with customary conveyancing practice.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Techprecision Corp)

USE OF MONEY TO CLEAR TITLE. To enable the SELLER to make conveyance as herein provided, the SELLER may, at the time of delivery of the deed, use the purchase money or any portion thereof to clear the title of any or all encumbrances or interests, provided that all instruments so procured are recorded simultaneously with the delivery of said deeddeed or arrangements have been made for the subsequent recordation in accordance with local conveyancing standards.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Micronetics Inc)

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