Common use of Closing Arrangements Clause in Contracts

Closing Arrangements. Where each of the Municipality and Purchaser retain a lawyer to complete the Agreement of Purchase and Sale (Land Sale) of the Property, and where the transaction will be completed by electronic registration pursuant to Part III of the Land Registration Reform Act, R.S.O. 1990, Chapter L4 and the Electronic Registration Act, S. O. 1991, Chapter 44, and any amendments thereto, the Municipality and the Purchaser acknowledge and agree that the exchange of closing funds, non-registrable documents and other items (the “Requisite Deliveries”) and the release thereof to the Municipality and the Purchaser will:

Appears in 7 contracts

Sources: Agreement of Purchase and Sale, Agreement of Purchase and Sale, Agreement of Purchase and Sale