Xxxxx's Obligations at Closing. Contemporaneously with the performance by Seller of its obligations set forth in Sections 1.03 and 3.02 above, at Closing, Buyer shall do the following:
(a) Execute and deliver instruments satisfactory to Seller instruments reflecting the proper power, good standing and authorization for the purchase of the Property from Seller by Buyer hereunder, and;
(b) Execute and deliver to Seller a closing statement setting forth the Purchase Price, Deposit, adjustments, prorations, and closing costs as set forth herein, and;
(c) Execute and deliver such other documents as may be required by this Agreement.
Xxxxx's Obligations at Closing. At the Closing, Buyer shall pay to Seller the full amount of the Sale Price, as increased or decreased by prorations or adjustments set forth in this Agreement, and shall deliver to Seller all other documents reasonably necessary to con- summate the transaction contemplated by this Agreement.
Xxxxx's Obligations at Closing. At Closing, Buyer must:
i. Wire Transfer (or deliver a certified check in) an amount equal to the amount of the Purchase Price adjusted for to reflect Buyer’s prior payment of the Xxxxxxx Money and to reflect amounts Buyer must pay or will receive pursuant to Section 15(c), to Escrow Agent for disbursement to Seller and others pursuant to this Agreement and the Settlement Statement;
ii. Documentation sufficient to demonstrate authority to purchase the Property, as requested by the Escrow Agent.
iii. File or cause Escrow Agent to file an Electronic Certificate of Real Estate Value.
Xxxxx's Obligations at Closing. At Closing, Buyer shall:
(a) deliver to Seller the full amount of the Purchase Price (which amount shall include the Deposit), as increased or decreased by prorations and adjustments as herein provided, in current and available funds pursuant to Section 1.2 (such amount to be delivered by Buyer to Escrow Agent no later than 1:00 pm local time (in the time zone in which the Property is located) on the Closing Date);
(b) deliver to Seller original counterparts of the Assignment of Leases and the Assignment of Contracts, duly executed by Xxxxx;
(c) deliver to Seller copies of the Tenant Notices, duly executed by Xxxxx;
(d) execute and deliver to the Title Company such transfer tax forms as may be required of Buyer under applicable law as a condition to the recordation of the Deed or as may be required of Buyer under applicable law in connection with the transfer of the Property;
(e) deliver to the Title Company such evidence as the Title Company may reasonably require as to the existence and good standing of Buyer and the authority of the person or persons executing documents on behalf of Buyer;
(f) deliver to the Title Company such other affidavits and certificates, if any, as may be customarily and reasonably required by the Title Company, in a form reasonably acceptable to Buyer;
(g) execute and deliver to Escrow Agent a closing statement acceptable to Buyer;
(h) deliver such additional documents and funds as shall be reasonably required to consummate the transaction contemplated by this Agreement; and
(i) [Add other documents as appropriate (e.g., for timber properties, check whether need to have Seller and Xxxxx execute a Notice of Continuing Forest Land Obligation per WAC 222-20-055); if a 1031 exchange is involved, add any exchange documents being executed by Xxxxx; add an Owner’s Affidavit if required by the title company to issue a lender’s title insurance policy.]
Xxxxx's Obligations at Closing. At Closing, Donor shall perform the following:
7.1 Execute, acknowledge and deliver to the Title Company a gift deed which conveys, to Westwood, fee simple title to the Property subject to the Permitted Exceptions.
7.2 If the Gaar Lease shall then be in effect, execute and deliver to Westwood and an assignment and assumption of the Gaar Lease in the form annexed hereto as Exhibit “D” (the “Lease Assignment”)
7.3 Execute and deliver a quitclaim bill of sale in the form annexed hereto as Exhibit “E” conveying to Westwood all of the tangible personal property owned by Donor and which is a part of the Property.
7.4 Execute and deliver a “FIRPTA” certificate confirming that Donor is not a “foreign person” within the meaning of Sections 897 and 1445 of the Internal Revenue Code of 1986, as amended, and any rules, regulations and orders promulgated thereunder.
7.5 Execute and deliver Internal Revenue Service Form 8283 (“Form 8283”) concerning “Noncash Charitable Contributions”) concerning the Property.
7.6 Terminate the KREC Agreement.
7.7 Execute and deliver such customary miscellaneous closing documents as the Title Company may request.
Xxxxx's Obligations at Closing. At Closing, and as a condition precedent to Seller's obligations hereunder, Buyer shall:
(1) Pay and deliver the Purchase Price to Seller.
Xxxxx's Obligations at Closing. At Closing, the Buyer shall deliver, or cause to be delivered, the following:
a) An ALTA Owner's Policy of Title Insurance (the "Title Policy") in the amount of the Purchase Price issued by the Title Insurer to the Buyer, insuring fee simple title to the Property subject to no exceptions other than the Permitted Exceptions, and all The password to the public access wireless network (colguest... Page 10 of 136 3 endorsements thereto.
b) The cost of the Title Policy and all other closing costs.
Xxxxx's Obligations at Closing. At the Closing, Buyer shall pay to Seller the applicable Purchase Price in cash for the Property purchased at such Closing, and shall execute and deliver all other reasonable and necessary documentation to close this transaction including without limitation, the execution of the Parking Cross Easement Agreement.
Xxxxx's Obligations at Closing. On or before the Closing Date, BUYER shall deliver to the Escrow Agent, all of the following:
Xxxxx's Obligations at Closing. On or before the Transfer Date, Buyer shall deliver or cause to be delivered directly to Seller the following, which are referred to herein as the “Buyer Closing Items”:
7.2.1. the Closing Funds, by wire transfer
7.2.2. an Assignment and Assumption Agreement in the form attached hereto as Exhibit D; Exhibit C;
7.2.3. an Interim Management Agreement in the form attached hereto as
7.2.4. an executed copy of the assignment and assumption of the Leases set forth on Schedule 2.1.1 to the extent the same are being assumed by Xxxxx;
7.2.5. Such other documents, forms, certifications, instructions or items as Seller or Escrow Agent may reasonably request in order to effectuate the transactions contemplated by this Agreement including but not limited to the Escrow Reserve.
