Common use of Closing Procedures Clause in Contracts

Closing Procedures. The Closing shall be held in Summit County, Colorado, at a time and place specified by Seller in the notice given under Section 8(a) above, unless extended pursuant to Section 8(a) above, or at such other time and place as shall be mutually acceptable to Seller and Purchaser. At the Closing, the parties shall take the following actions: (i) Seller shall deliver to Purchaser an executed and acknowledged special warranty deed to the Property subject only to those matters as set forth in Section 6 of this Agreement and any other title exceptions waived by Purchaser or permissible pursuant to Section 6 above; (ii) Seller shall convey title to the personal property and fixtures installed within the Residence by a quit claim bill of sale, without warranty; (iii) Purchaser shall pay the balance of the Purchase Price as required by Section 3(b) above; and (iv) Purchaser and Seller shall execute and deliver such other documents, pay such other amounts, and take such other actions as may be necessary to accomplish the Closing and carry out their obligations under this Agreement and as is customary in similar transactions in Summit County, Colorado.

Appears in 4 contracts

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

Closing Procedures. The Closing shall be held in Summit Eagle County, Colorado, at a time and place specified by Seller in the notice given under Section 8(a) aboveSeller, unless extended pursuant to Section 8(a) 7 above, or at such other time and place as shall be mutually acceptable to Seller and Purchaser. At the Closing, the parties shall take the following actions: (i) i. Seller shall deliver to Purchaser an executed and acknowledged special warranty deed to the Property Unit subject only to those matters as set forth in Section 6 7 of this Agreement and any other title exceptions waived by Purchaser or permissible pursuant to Section 6 7 above; (ii) . Seller shall convey title to the personal property and fixtures installed within the Residence Unit by a quit claim bill of sale, without warranty; (iii) . Purchaser shall pay the balance of the Purchase Price as required by Section 3(b) above4 above and the other charges and fees described in this Agreement to be paid at Closing; and (iv) . Purchaser and Seller shall execute and deliver such other documents, pay such other amounts, documents and take such other actions as may be necessary to accomplish the Closing and carry out their obligations under this Agreement and as is customary in similar transactions in Summit County, ColoradoAgreement.

Appears in 3 contracts

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

Closing Procedures. The Closing shall be held in Summit County, Colorado, at a time and place specified by Seller in the notice given under Section 8(a) above, unless extended pursuant to Section 8(a) above, or at such other time and place as shall be mutually acceptable to Seller and Purchaser. At the Closing, the parties shall take the following actions: (i) Seller shall deliver to Purchaser an executed and acknowledged special warranty deed to the Property subject only to those matters as set forth in Section 6 of this Agreement and any other title exceptions waived by Purchaser or permissible pursuant to Section 6 above; (ii) Seller shall convey title to the personal property and fixtures installed within the Residence by a quit claim bill ▇▇▇▇ of sale, without warranty; (iii) Purchaser shall pay the balance of the Purchase Price as required by Section 3(b) above; and (iv) Purchaser and Seller shall execute and deliver such other documents, pay such other amounts, and take such other actions as may be necessary to accomplish the Closing and carry out their obligations under this Agreement and as is customary in similar transactions in Summit County, Colorado.

Appears in 1 contract

Sources: Purchase and Sale Agreement