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

USE OF MONEY TO CLEAR TITLE. To enable SELLER to make conveyance as herein provided, 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 deed or thereafter consistent with customary Massachusetts conveyancing practice.

Appears in 5 contracts

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

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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 deed or thereafter consistent or, in the case of institutional lenders, within a reasonable time thereafter, in accordance with customary Massachusetts conveyancing practicepractices.

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 either recorded simultaneously with the delivery of said deed or thereafter consistent in accordance with customary Massachusetts conveyancing practicepractice in Bristol County, Massachusetts.

Appears in 1 contract

Samples: Purchase and Sale Agreement

USE OF MONEY TO CLEAR TITLE. To enable SELLER Seller to make conveyance as herein provided, 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 either recorded simultaneously with the delivery of said deed or deed, or, if institutional mortgages only, within a reasonable time thereafter consistent in accordance with customary Massachusetts conveyancing practicepractices.

Appears in 1 contract

Samples: Purchase and Sale Agreement

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USE OF MONEY TO CLEAR TITLE. To enable SELLER Seller to make conveyance as herein provided, 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 either recorded simultaneously with the delivery of said deed or deed, or, if an institutional mortgage, within a reasonable time thereafter consistent in accordance with customary Massachusetts conveyancing practicepractices.

Appears in 1 contract

Samples: Lease Agreement and Option

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