Acquire Land Clause Samples
The 'Acquire Land' clause defines the process and conditions under which a party obtains ownership or rights to a specific parcel of land. Typically, this clause outlines the steps required for acquisition, such as due diligence, payment terms, and the transfer of title or deed, and may specify any conditions precedent that must be satisfied before the transaction is completed. Its core practical function is to ensure that both parties clearly understand the requirements and procedures for transferring land ownership, thereby reducing the risk of disputes and ensuring a smooth transaction.
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Acquire Land. Acquire any and all land, easements, and rights-of-way, temporary or permanent, required for construction of the Projects in accordance with the Plans and Specifications therefor or for the operation thereof; and
Acquire Land. The Receiver may purchase or acquire any land and purchase, acquire or grant any interest in or right over land.
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