USE OF PURCHASE PRICE. If on the Closing Date there may be any Liens or other encumbrances which the Seller must pay or discharge in order to convey to the Purchaser such title as is herein provided to be conveyed, the Seller may use any portion of the Purchase Price to satisfy the same, provided:
Appears in 11 contracts
Samples: Purchase and Sale Agreement (Witter Dean Realty Income Partnership Iv L P), Purchase and Sale Agreement (Dean Witter Realty Yield Plus L P), Purchase and Sale Agreement (Ust Corp /Ma/)
USE OF PURCHASE PRICE. If on the Closing Date there may be any Liens or other encumbrances which the Seller must pay or discharge in order to convey to the Purchaser or Purchaser's Nominee, provided this Agreement is assigned in accordance with Section 19 hereof) such title as is herein provided to be conveyed, the Seller may use any portion of the Purchase Price to satisfy the same, provided:
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Samples: Purchase and Sale Agreement (Dean Witter Realty Yield Plus L P), Purchase and Sale Agreement (Dean Witter Realty Yield Plus Ii Lp)
USE OF PURCHASE PRICE. If on the Closing Date there may be any Liens or other liens or encumbrances which the Seller Sellers must pay or discharge in order to convey to the Purchaser such title as is herein provided to be conveyed, the Seller Sellers may use any portion of the Purchase Price to satisfy the same, provided:
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Dean Witter Realty Yield Plus L P), Purchase and Sale Agreement (Dean Witter Realty Income Partnership Iii Lp)
USE OF PURCHASE PRICE. If on the Closing Date there may be any Liens or other encumbrances which the Seller must pay or discharge in order to convey to the Purchaser such title as is herein provided to be conveyed, the Seller may use any portion of the Purchase Price to satisfy the same, provided:: (a) the Seller shall deliver to the Purchaser or the Title Company, at the Closing, instruments in recordable form and sufficient to satisfy such Liens or other encumbrances of record together with the cost of recording or filing said instruments; or
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