Covenants and Conditions of Settlement Clause Samples

The "Covenants and Conditions of Settlement" clause defines the specific promises and obligations that each party must fulfill as part of a settlement agreement. It typically outlines actions such as payment terms, delivery of documents, or other required conduct, and may set deadlines or conditions that must be met for the settlement to be effective. This clause ensures that both parties clearly understand their responsibilities, thereby reducing the risk of future disputes and facilitating the smooth completion of the settlement process.
Covenants and Conditions of Settlement. The obligations of each Purchaser hereunder shall be subject to the fulfillment of the following conditions, and the respective Seller agrees to fulfill such conditions:
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Covenants and Conditions of Settlement. On the Closing Date, Seller shall execute and deliver a Special Warranty Deed to Buyer as shall be required to convey title to the Property in accordance with this Agreement and Owner's Affidavit of Possession and No Liens. The Special Warranty Deed shall be in form and substance reasonably satisfactory to the Seller and the Buyer and in proper form for recording. Seller and Buyer shall execute closing statements, a FIRPTA certificate, and such other documents as may be reasonably required to complete closing and accomplish transfer of the Property to Buyer hereunder.
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Covenants and Conditions of Settlement. (a) On the date of Closing, Seller shall execute and deliver a limited warranty deed (the “Limited Warranty Deed”) to Buyer in the form attached hereto as Exhibit “C”. Seller and ▇▇▇▇▇ shall execute closing statements, a FIRPTA certificate, and such other documents as may be reasonably required to complete Closing and accomplish transfer of the Property to Buyer hereunder. (b) In addition to the other conditions set forth herein, ▇▇▇▇▇’s obligation to acquire the Property and close on the transaction contemplated hereunder shall be conditioned on: (i) all representations and warranties of Seller being true and correct in all material respects as of the Closing; (ii) there being no known breach or default by Seller of any of its other covenants, agreements, duties or obligations hereunder. (iii) no event or circumstances exist at Closing that may materially and adversely affect the Property, or its use or occupancy. (iv) In each instance where a failure of a condition precedent in favor of Buyer occurs and such failure is not waived by ▇▇▇▇▇, the Deposit shall be refunded to Buyer, this Agreement shall terminate, and neither party shall have any further rights or obligations hereunder, except as otherwise provided herein and those which expressly survive termination.
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Covenants and Conditions of Settlement. The obligations of the Purchaser hereunder shall be subject to the fulfillment of the following conditions, and IGC agrees to fulfill such conditions:
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Related to Covenants and Conditions of Settlement

  • Terms and Conditions of Sales Shares shall be offered for sale only in those jurisdictions where they have been properly registered or are exempt from registration or for which appropriate notice filings have been made, and only to those groups of people which the Board may from time to time determine to be eligible to purchase such shares.

  • Additional Conditions to Obligations of Seller The obligations of Seller to consummate and effect the transactions contemplated hereby shall be subject to the satisfaction at or prior to the Closing of each of the following conditions, any of which may be waived, in writing, exclusively by Seller:

  • Conditions to Obligations of Seller The obligations of Seller to consummate the transactions contemplated by this Agreement shall be subject to fulfillment at or prior to the Closing of the following conditions (any one or more of which may be waived in whole or in part by Seller):

  • Terms and Conditions of Sale This Price List supersedes all previous price lists.

  • Conditions to Obligations of Sellers The obligations of Sellers to consummate the transactions contemplated by this Agreement are subject to the fulfillment or written waiver, prior to or at the Closing, of each of the following conditions; provided, however, that in no event may Sellers waive the conditions contained in Section 7.3(h) or Section 7.3(i): (a) Each of the representations and warranties of Purchaser contained in ARTICLE V of this Agreement shall be true and correct (disregarding for the purpose of such determination any qualification as to materiality or Purchaser Material Adverse Effect) as of the Closing Date as if made on such date (except for representations and warranties that speak as of a specific date or time, which representations and warranties shall be true and correct only as of such date or time), except to the extent that any breaches of such representations and warranties, individually or in the aggregate, have not had, or would not reasonably be expected to have, a Purchaser Material Adverse Effect. (b) Purchaser shall have performed or complied in all material respects with all agreements and obligations required by this Agreement to be performed or complied with by it prior to or at the Closing. (c) Purchaser shall have delivered, or caused to be delivered, to Sellers: (i) Parent Warrant A (including the related warrant agreement), duly executed by Purchaser; (ii) Parent Warrant B (including the related warrant agreement), duly executed by Purchaser; (iii) a certificate executed as of the Closing Date by a duly authorized representative of Purchaser, on behalf of Purchaser and not in such authorized representative’s individual capacity, certifying that the conditions set forth in Section 7.3(a) and Section 7.3(b) are satisfied; (iv) stock certificates evidencing the Parent Shares, duly endorsed in blank or accompanied by stock powers duly endorsed in blank, in proper form for transfer, including any required stamps affixed thereto; (v) the Equity Registration Rights Agreement, duly executed by Purchaser;