REAL ESTATE CLOSING definition

REAL ESTATE CLOSING shall have the meaning given such term in Section 14.5F hereof.
REAL ESTATE CLOSING means the date of the closing of the REAL ESTATE LOAN which occurred on July 30, 1997.
REAL ESTATE CLOSING means, with respect to any Property, the closing that shall be deemed to have occurred when (1) the Real Estate Security Documents applicable to such Property shall have been filed of record in the appropriate filing office in the jurisdiction in which such Property is located or irrevocably delivered to the Title Agent for such recordation and all mortgage recording taxes incurred or to be incurred in connection therewith shall have been paid by the Borrower and (2) the Title Insurance Policy shall have been purchased by the Lender and paid for by the Borrower, as evidenced by the delivery of a marked-up Title Insurance Policy.

Examples of REAL ESTATE CLOSING in a sentence

  • All real property taxes and assessments shall be prorated as of the Real Estate Closing.

  • Upon completion of the Parking Structure, the Developer and the CDA shall enter into a parking lease agreement for the Private Ramp (the “Parking Lease”), the form of which shall be agreed upon by the City, the CDA, and the Developer prior to the Real Estate Closing.

  • In the event all of the Conditions Precedent to the Real Estate Closing are not satisfied on or before September 15, 2015, this Agreement shall automatically terminate.

  • At the Real Estate Closing, the City shall convey the Property to the Holding Company and the Holding Company shall deliver the Purchase Price to the City, all in accordance with this Agreement and the Purchase Agreement.

  • Each of the Eligible Real Estate Closing Conditions shall have been satisfied.


More Definitions of REAL ESTATE CLOSING

REAL ESTATE CLOSING means the date of the closing of the REAL ESTATE LOAN which occurred on July 30, 1997. "REAL ESTATE LOAN" shall mean the loan which was made by the BANK to the BORROWER pursuant to Article VI hereof.
REAL ESTATE CLOSING means the completion of the transaction of purchase and sale in respect of the Property provided for in this Agreement and, where the context so requires, the time and date at which the same shall be effected pursuant to Section 8.1 hereof and "TIME OF CLOSING" shall have a corresponding meaning.
REAL ESTATE CLOSING means a real estate closing with respect to a Borrowing of a Facility 2 Tranche B Loan.
REAL ESTATE CLOSING means the Closing (as defined in the RE Agreement).
REAL ESTATE CLOSING means the date on which the grant deed conveying the Adjacent Property to Tejon (or the Third-Party Buyer, if applicable) is recorded in the Official Records of Los Angeles County.
REAL ESTATE CLOSING means the date of the closing of the REAL ESTATE LOAN which occured, within sixty (60) days subsequent to the CLOSING DATE.
REAL ESTATE CLOSING has the meaning set forth in Section 4.