CLOSING/POSSESSION Sample Clauses
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CLOSING/POSSESSION. Closing will occur as provided in the Auction Terms and Conditions. At closing, the parties will execute the customary documents. The Property is subject to one or more leases, each of which has been provided to Purchaser. Purchaser understands possession of the Property by Purchaser is subject to the leases as stated in the Auction Terms and Conditions.
CLOSING/POSSESSION. (a) The donation of the Equipment shall close ("Close" or "Closing") on a date or dates agreed upon by Donor and Donee promptly after Donor notifies Donee that the conditions set forth in subsection 2(b) and, if applicable, subsection 2(c) are satisfied with respect to all of the Equipment, and the Donor is able to deliver such units to Donee. Donor and ▇▇▇▇▇ acknowledge a shared intention to complete the donation and delivery of the Equipment not later than February 28, 2023. However, Donor and ▇▇▇▇▇ acknowledge the timing of completion of repairs of the units for delivery to Donee, in addition to other priorities of Donor, may result in a delay in the Closing.
(b) Immediately upon Closing, Donor shall deliver the Equipment to Donee by moving such Equipment to the location identified by the Donee. Donee shall have no obligation to reimburse the transportation costs incurred by Donor in moving the Equipment.
(c) Possession of the Equipment shall pass to Donee upon delivery of the Equipment. Donee shall have no right to possession or occupancy of or entry upon any portion of the property where the Equipment is currently located other than as provided in Section 2 above. Title to the Equipment shall remain vested in Donor until Closing.
(d) The Closing shall be held virtually at the convenience of the parties.
(e) At the Closing, Donor shall deliver to Donee the executed Quitclaim Bill of Sale referred to in Section 4 for the units of the Equipment, and Donee shall deliver to Donor an executed counterpart of the Quitclaim Bill of Sale and any documents required by ▇▇▇▇▇ as set forth in Section 8 below.
(f) At Closing, Donee shall pay to Donor any costs required to be reimbursed or paid to Donor by Donee under subsection 2(b) above.
CLOSING/POSSESSION. Possession and closing shall be given to Purchaser on or before (date) , provided, however, delivery of possession is conditioned upon closing.
CLOSING/POSSESSION. Closing date shall be on , or before by mutual agreement with possession to be given at time of closing unless otherwise agreed between the Parties. Seller agrees to maintain the property in a condition comparable to its present condition and agrees that ▇▇▇▇▇ shall have the opportunity for a personal inspection before closing. Buyer shall have all utilities transferred into their name on or before the day of closing. Seller agrees to maintain all existing insurance coverage on property until time of closing. Closing/Settlement Fee and/or Title Services Fee shall be paid as follows: Buyer % Seller %
CLOSING/POSSESSION. Closing date will be on or before with possession to be given Purchaser at time of closing. Seller agrees to maintain the property in a condition comparable to its present condition and agrees that Purchaser will have the opportunity for a personal inspection prior to closing. Seller agrees to maintain all existing insurance coverage on property until time of closing. Closing service fees, if any, cost to be distributed as follows: Purchaser Seller . All personal property, including refuse, not included in the purchase price, shall be removed by Seller prior to closing.
CLOSING/POSSESSION. Possession and closing shall be given to Purchaser on or before TBD, provided, however, delivery of possession is conditioned upon closing.
CLOSING/POSSESSION. 5.01 This transaction shall be closed by the escrow agent on or before _______________________. unless otherwise agreed to in writing, by both parties. Possession of the property shall be delivered to Buyer or his nominee upon Closing.
CLOSING/POSSESSION. The purchase and sale of the Unit shall be consummated at a closing (“Closing”) to be held at the offices of the Title Company in Jackson, Wyoming. The Closing shall take place within 20 business days following the last to occur of (i) the receipt of a Certificate of Occupancy for the Unit issued by the Town of Jackson, Wyoming and (ii) written verification from the Housing Department that Buyer is a “Local Business” and able purchase the Unit (the date upon which Closing occurs is referred to herein as the “Closing Date”). It is anticipated that construction of the Unit will be substantially completed (meaning Seller has obtained a certificate of occupancy for the Unit) by , 2021 (“Estimated Completion Date”). If Seller has not obtained a certificate of occupancy for the Unit within 90 days after the Estimated Completion Date (such date to be extended day for day, for any delays caused by Buyer or Buyer’s agent), then as Buyer’s sole remedy, Buyer may terminate this Contract by giving written notice of termination to Seller and Seller shall, upon receipt of this notice of termination, instruct the Title Company to return the ▇▇▇▇▇▇▇ Money to Buyer and the parties shall have no other rights or obligations hereunder. At Closing, the ▇▇▇▇▇▇▇ Money shall be transferred to Seller (and applied as a credit to the Purchase Price) and Buyer shall pay the Seller the unpaid balance of the Purchase Price, and Seller shall deliver ‘good and marketable title’ meaning such title that is insurable by a Wyoming licensed titled insurance company under a A.L.T.A. Standard Owner’s title insurance policy, which may be subject to the following: (1) Final Permitted Exceptions; (2) pro-rated taxes and assessments for the year of Closing; and (3) a general Warranty Deed. Seller shall then, upon consummation of Closing, deliver possession of the Unit to Buyer. Closing shall also refer to both the recordation of the Warranty Deed and disbursing of funds.
CLOSING/POSSESSION. The closing of this sale shall take place on or about November 1, 1999, and as of close of business on October 31, 1999, or as soon thereafter as the parties may mutually agree, which date is herein referred to as the "Closing Date" or the "Closing", provided that the Closing Date shall be extended for a reasonable period of time to permit Seller to cure any default hereunder as provided in SECTION 13 hereto. Closing shall occur at a location in Ann Arbor, Michigan, which is mutually determined by the parties.
CLOSING/POSSESSION. The closing of the purchase and sale and payment of the Purchase Price (the “Closing”) shall take place on or before (the “Closing Date”), unless otherwise agreed by Seller and Purchaser. Possession shall be delivered on the Closing Date.