Closing and Closing Documents Sample Clauses
The "Closing and Closing Documents" clause defines the procedures and requirements for finalizing a transaction, typically in the context of a sale or transfer of assets or property. It outlines the specific documents that must be prepared, signed, and exchanged by the parties at the closing meeting, such as deeds, bills of sale, or settlement statements, and may specify the timing and location of the closing. This clause ensures that all necessary legal and administrative steps are completed in an organized manner, thereby facilitating a smooth transfer of ownership and reducing the risk of disputes or incomplete transactions.
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Closing and Closing Documents. 11 4.1 Closing..............................................................11 4.2 Contributor's Deliveries.............................................12 4.3
Closing and Closing Documents. 24 11.1 Closing....................................................... 24 11.2 Seller's Deliveries........................................... 24 11.3
Closing and Closing Documents. 7 4.1 Closing...................................................................................... 7 4.2 Seller's Deliveries.......................................................................... 7 4.3 Purchaser's Deliveries....................................................................... 8 4.4 Fees and Expenses; Closing Costs............................................................. 8 4.5 Adjustments.................................................................................. 8 ARTICLE V Miscellaneous......................................................................................... 9
Closing and Closing Documents. 4 4.1 Closing.......................................................................................
Closing and Closing Documents. 7.01. The closing of title, payment of the Purchase Price and delivery of the Deed and all other documents and instruments required hereunder (the "Closing") shall take place at 10:00 a.m. on October 16, 1997, at the office of Purchaser's attorneys, Nixon, Hargrave, Devans & D▇▇▇▇ LLP, 4▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇, or at the offices of Purchaser's lender or its counsel in Manhattan (such time on such date or such time on such other date not later than thirty(30) days thereafter to which Seller or Purchaser may adjourn the Closing is herein called the "Closing Date"). Time shall be of the essence with regard to both Seller's and Purchaser's obligations under this Agreement at 10:00 a.m. on October 31, 1997 (and neither Seller nor Purchaser shall be entitled to adjourn the Closing beyond such date). The deed to be delivered at Closing shall be the usual bargain and sale deed without covenant against grantor's acts, in proper statutory form for recording (the "Deed"), shall be duly executed and acknowledged by Seller and shall be in the form of EXHIBIT C annexed hereto. For convenience, Seller shall omit from the Deed the recital of any and all "subject to" clauses herein contained (including, without limitation, the Permitted Exceptions) and/or any other title exceptions, defects or objections pursuant to which Purchaser is obligated to accept title hereunder or which have been waived or consented to by Purchaser, but the same shall nonetheless survive delivery of the Deed. At the Closing, Seller also shall execute and deliver to Purchaser, an Assignment of Leases, Rents and Security Deposits in the form of EXHIBIT D annexed hereto, a B▇▇▇ of Sale in the form of EXHIBIT E annexed hereto (the parties acknowledging, however, that no portion of the Purchase Price has been allocated towards any personal property) and a General Assignment in the form of EXHIBIT F annexed hereto.
7.02. If a search of title or other records discloses judgments, bankruptcies or other returns against other persons having names the same as, or similar to, that of Seller, Seller will on request deliver to Purchaser or the Title Company an affidavit showing that such judgments, bankruptcies or other returns are not against Seller and such affidavit shall otherwise be in form and content as is sufficient to permit the Title Company to remove such judgments, bankruptcies or other returns as exceptions to title.
7.03. If on the Closing Date there may be any other liens or e...
Closing and Closing Documents. 35 (a) Closing . . . . . . . . . . . . . . . . . . . . . . 35 (b)
Closing and Closing Documents. The closing of the transaction contemplated hereby (the “Closing”) shall be held at the office of Escrow Agent, Fidelity National Title Insurance Company, ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ (“Escrow Agent” or “Title Company”), or at any other location agreed upon by the parties, on a mutually agreeable date, as soon as practicable but in no event later than March 13, 2015, with the actual date on which the Closing occurs being herein referred to as the closing date (the “Closing Date”); provided, however, the Closing Date shall, in no event, occur prior to the date of the Sale Order. Buyer shall not have the right to waive the requirement of entry of the Sale Order by the Bankruptcy Court. At the time and place of the Closing, Seller shall deliver to Buyer the following:
a. a special warranty deed in a form mutually agreed by Buyer and Seller (the “Deed”), conveying the Property to Buyer;
b. to the extent in Seller’s possession, all of Seller’s Plans, as well as the originals of all permits, licenses and agreements affecting the Property;
c. keys to all locks of the Improvements in the possession of Seller;
d. a settlement statement prepared by Escrow Agent and approved in advance of Closing by Buyer and Seller;
e. such other documents and affidavits as may be reasonably requested by Buyer or Escrow Agent to consummate the transaction contemplated hereby; and
f. a certificate acceptable to Buyer certifying as of the Closing Date that Seller’s representations and warranties contained in this Agreement are true and correct as if made on the Closing Date.
Closing and Closing Documents. The closing of the transactions contemplated by this Agreement (the “Closing”) will take place on or before August 31, 2022 (the “Closing Date”) at ▇▇▇▇▇▇▇▇ Law Office, Othello, Washington, or on such other date, or at such other location, as is mutually agreed upon by the Seller and Purchaser, in which case “Closing Date” means the date so agreed. Any failure of the Closing to occur will not ipso facto result in the termination of this Agreement and will not relieve any party of any obligation under this Agreement. The Closing shall be effective as of the close of business on the Closing Date or as otherwise mutually agreed upon by the Seller and Purchaser. The following matters will be handled at Closing:
Closing and Closing Documents. 2 2.1. Date, Time and Place of Closing....................................
Closing and Closing Documents. 1. Closing....................................................... 24 ------- 11.2. Seller's Deliveries........................................... 26 ------------------- 11.