Common use of Closing and Closing Documents Clause in Contracts

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 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 13April 30, 2015, with unless otherwise extended by mutual written agreement of the Buyer and Seller. The actual date on which the Closing occurs being herein referred to as shall be 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 for the Buyer and Seller 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, respectively; 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.