Examples of Release Deed in a sentence
Seller shall, on the date of closing, execute and deliver to Purchaser a Release Deed conveying the Property to Purchaser in fee simple, substantially in the form attached hereto.
The Consultant must procure that any individual who appears in a Deliverable produced by the Consultant under a Statement of Work executes a copy of the MLA Participant Release Deed provided by MLA to the Consultant prior to the Deliverable being made available to MLA.
This Release Deed shall terminate automatically on the Termination Date.
The rights of any such third-party beneficiary are subject to the other terms and conditions of this Release Deed.
Each Chargee agrees that if Charged Property is Disposed of in accordance with clause 10 of the Joint Venture Agreement, it will release that property from the Charge by executing a Release Deed.
The benefit of the covenants, conditions and restrictions in this Release Deed, shall accrue to and be for the benefit of and be enforceable by Grantor and its successors and assigns.
Every party who now or hereafter owns or acquires any right, title or interest in or to any portion of the Property, is and shall be conclusively deemed to have consented and agreed to the terms and conditions of this Release Deed, whether or not any reference to this Release Deed is contained in the instrument by which such party acquired an interest in the Property.
Under an Equity Release Deed the Property Owner may nominate the Staggered Settlement option, whereby the Equity Release Administrator arranges for the Custodian to hold on trust any part of the Pay Out Amount that has not yet been paid to the Property Owner.
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Lender acknowledges that simultaneous with the receipt of Mortgage Note #1 (as defined in the Purchase Agreement), duly executed by the Borrower, it executed and delivered a Release Deed substantially in the form attached hereto as Exhibit A (the “Release”), which will operate to release the Mortgage upon satisfaction of the conditions for release of the Mortgage set forth in the Escrow Agreement (as defined in the Purchase Agreement).