Conveyance of Improvements Clause Samples

Conveyance of Improvements. The Lessee hereby, in consideration of the granting of this Lease shall upon termination or expiration of this Lease, convey unto Lessor, free and clear of all liens, title to all Leasehold Improvements of a permanent character, including but not limited to, refrigerators, stoves, freezers, hood systems, grills, dishwashers, sinks, kitchen work stations and light fixtures. In addition to the Leasehold Improvements to be conveyed to Lessor as referenced above, Lessee shall further grant to the Lessor the right to purchase from the Lessee, all of Lessee’s personal property added to or installed at the Premises by the Lessee during the Lease Term, including all furnishings, and equipment at actual cost less depreciation as determined by an appraisal, provided that the Lessor by written notice to the Lessee at least forty five (45) days prior to the expiration or termination of the Lease Term.

Conveyance of Improvements. Upon issuance of the Certificate of Occupancy for each Improvement constructed upon the Land, Tenant shall execute a Deed and ▇▇▇▇ of Sale, in the form attached hereto as Exhibit K, conveying title to each Improvement to Landlord.

Conveyance of Improvements. Upon Grantee completing construction of the Improvements and Grantee confirming that the Improvements were constructed in accordance with the Plans, Grantee shall convey and Grantor shall accept ownership of all Improvements located on the Subject Property. Ownership shall be conveyed by ▇▇▇▇ of sale.

Conveyance of Improvements. The OWNER hereby agrees to transfer or cause to be transferred all its right, title and interest in and to said IMPROVEMENTS to the CITY, by executing a ▇▇▇▇ of Sale therefor in favor of the CITY in the form of the ▇▇▇▇ of Sale attached hereto and incorporated herein as Exhibit "C." The CITY hereby agrees upon satisfactory inspection and receipt of one (1) year maintenance bond and such contractors' affidavits and lien waivers as it may request to accept said ▇▇▇▇ of Sale and subsequent to said conveyance, to own, operate and maintain said IMPROVEMENTS.

Conveyance of Improvements. Upon expiration of the one (1) year from the date of the final inspection and approval by the MSC of the Electric and Water Infrastructure Improvements, the Owner shall convey by deed, in the manner and form approved by the MSC Attorney, at the expense of the Owner, all the Electric and Water Infrastructure improvements, and appurtenances including but not limited Electric and Water Infrastructure and any other improvements in strict accordance with the final Utility Plan(s) approved by the MSC.=, along with the associated rights-of-way and/or easements. If, as determined solely by the MSC, any repairs are needed prior to the conveyance of the Electric and Water Improvements, Owner shall, at its sole expense, cause such repairs to be made, subject to review by the MSC. Notwithstanding the foregoing, in emergency situations as determined solely by the MSC, the MSC may, but is not required to, make repairs at Owner’s sole cost and expense. In addition, at the time of the conveyance, Owner shall: A) cause the Owner's engineer/surveyor or other designated representative to submit one (1) digital and three (3) paper copies of Professional Engineer certified reproducible "as built" engineering drawings, along with all technical manuals, spare parts, manufacturer(s) specifications, or other technical information required and approved by the MSC, for all Electric and Water Infrastructure improvements prior to the conveyance of those improvements to the MSC; B) verify in writing that the layout of the line and grade of all improvements is in accordance with the utility plans approved by the MSC; and C) cause submission of a title insurance policy or title search certified by an attorney duly licensed to practice law in the State of Delaware approved by the MSC Attorney indicating that the improvements are completed and are free of all liens and encumbrances.