Closing Deed definition
Examples of Closing Deed in a sentence
On or before the Close of Escrow, Seller shall execute (if applicable) and deliver to Escrow Agent the following (collectively, “Seller’s Closing Documents”) for delivery to Purchaser upon the Closing: Deed.
In case the Closing Deed of Phase II is unilaterally granted by the Acquirer, the Acquirer shall (i) deposit the share certificates representing the Consideration for Phase II, plus (ii) the cash amount corresponding to VAT and other applicable taxes to be paid by the Acquirer as agreed, and (iii) assume the Transferors’ Debt Obligations or repay the Transferors’ Debt Obligations in accordance with and pursuant to procedure set out in Clause 3.5.3.
At or before the Property Closing, Deed of Trust Beneficiaries shall deliver into escrow duly executed and acknowledged Partial Reconveyance Deeds.
The transfer of title on the Transferred Assets to the Acquirer and their delivery shall be understood as carried out by virtue of the execution of the Closing Deed of Phase I.
This notwithstanding, the notarial fees for notarisation of this Agreement by virtue of the Closing Deed as well as the related register expenses shall be borne by the Acquirer.
The transfer of title on the Phase II Assets and the Intellectual Property Rights owned by the Transferors to the Acquirer and their delivery shall be understood as carried out by virtue of the execution of the Closing Deed of Phase II.
The aforesaid release shall be effective immediately and shall not be dependent upon the Closing Date (as defined in Exhibit A) ever occurring or the Closing Deed (as defined in Exhibit A) ever being executed or delivered.