Deed and Other Documents Clause Samples

The "Deed and Other Documents" clause establishes the requirement for parties to execute and deliver any additional documents or deeds necessary to give full effect to the agreement. In practice, this means that if further paperwork or formalities are needed to complete the transaction or fulfill the obligations under the contract, the parties must cooperate and provide such documents upon request. This clause ensures that all legal and procedural steps can be completed efficiently, preventing delays or disputes over missing documentation and thereby facilitating the smooth implementation of the agreement.
Deed and Other Documents. Seller shall convey marketable and insurable title to the Premises by a Warranty Deed, at Seller’s sole cost, subject only to current real estate taxes, not delinquent, and covenants, conditions, easements, encumbrances and restrictions approved by Purchaser in writing and those Permitted Title Exceptions set forth and identified on Exhibit “B” attached and made a part hereof. Seller shall also furnish Purchaser with: (i) an Affidavit of Title in customary form; (ii) a Bill of Sale for any items of personal property which the parties have agreed in writing are a subject of this transaction which items are set forth or described on Exhibit “C” attached; (iii) assignments in proper form of all existing Leases (if any and if Purchaser, in its sole and absolute discretion elects to accept title subject to any such Lease) together with reasonable form notices to the tenants (executed by Seller) apprising each tenant of such lease assignment and the sale of the Premises. Purchaser shall, within seven days of receipt of said Leases send notice to the Seller of its intention to accept the Property subject to said Leases or shall provide a Notice of Termination of said Contract. In the absence of notice Purchaser shall be deemed to have accepted said Leases. ▇▇▇▇▇▇ agrees not to execute any new Leases or extensions without the Purchaser’s consent; (iv) a reasonable form of Tenant Estoppel Certificate executed and provided by each tenant. Seller will use its best efforts to obtain a Tenant Estoppel Certificate from each tenant, however, the failure to obtain all Tenant Estoppel Certificates shall not be a breach of this Agreement and the Purchaser shall not have a right to terminate the Contract; (v) assignments in proper form of all maintenance and service contracts, insurance policies, assignable roof warranties and other such assignable warranties pertaining to the building or Premises (if any) and other such items affecting the Premises which Purchaser is willing to accept (if any); (vi) a certified Rent Roll, executed by the Seller;(vii) a Closing Statement; and (viii) such other documents as are customarily required or are required herein to be delivered at Closing (including ALTA Statements, FIRPTA Statements and title company undertakings). ▇▇▇▇▇▇ agrees to execute and deliver to Purchaser any other affidavit, statement or other document normally required by the title insurance company specified in Paragraph 5 as a condition for issuing the title insurance p...
Deed and Other Documents. At time of closing, Lessor shall convey good and marketable title to the Leased Premises by a transferrable and recordable duly executed general warranty deed, which shall include release of all dower interests, if applicable.
Deed and Other Documents. Seller shall, at the Closing, convey fee simple title to the Property to Buyer by a duly and validly executed, recordable quit claim deed, free and clear of all liens and encumbrances, except those permitted pursuant to the provisions of Section 5.01 hereof. Buyer and Seller agree to execute and/or deliver such other documents as may be necessary or appropriate to carry out the terms of this Agreement. Such documents shall include, but not be limited to, a closing statement, the most recent real estate tax ▇▇▇▇(s), a Seller's affidavit regarding liens, unrecorded matters and parties in possession and, if requested, an affidavit from Seller regarding the warranties and representations set forth in Article X hereof.
Deed and Other Documents. Seller will convey marketable and insurable title to the Premises by special warranty deed, with a release of dower, curtesy, homestead and other spouse's rights, at Seller's sole cost, subject only to current real estate taxes and covenants, conditions, easements, encumbrances and restrictions approved by Purchaser in writing.
Deed and Other Documents. Seller shall, at the closing, convey to Buyer or their nominee, title to the real estate set forth herein by good and sufficient Warranty Deed, or other appropriate deed if title is in a trust or an estate, and release of homestead rights, in recordable form, subject only to the permitted exceptions set forth herein, together with proper documentary stamps and locally approved tax declaration statement if applicable. Seller shall also deliver to Buyer or their nominee, title to the personal property by ▇▇▇▇ of Sale with warranty of title, if requested by ▇▇▇▇▇▇. If existing insurance and/or leases are to be assigned, the parties shall execute assignments and acceptances thereof.
Deed and Other Documents. Seller shall, at the closing, convey to Buyer or their nominee, title to the real estate set forth herein by good and sufficient Warranty Deed, or other appropriate deed if title is in a trust or an estate, in recordable form subject only to the permitted exceptions set forth herein, together with proper documentary stamps and locally approved tax declaration statement if applicable. Seller shall also deliver to Buyer or their nominee, title to the personal property by ▇▇▇▇ of Sale with warranty of title, if requested by ▇▇▇▇▇. If existing insurance and/or leases are to be assigned, the parties shall execute assignments and acceptances thereof.
Deed and Other Documents. 4.01. Seller shall convey the Premises to Buyer by recordable limited or special warranty deed (the “Deed”), conveying good and indefeasible title of record to the Real Property, in fee simple, warranting title only against claims of those persons claiming by, through or under Seller, but not otherwise, and subject to the lien of real estate taxes not yet due and payable, matters of survey, and such restrictions, reservations, rights-of-way, easements and other matters of record approved in writing by Buyer or deemed approved as provided in Article 7.01(a) (the “Permitted Exceptions”). 4.02. Notwithstanding local practice or custom to the contrary, all local, municipal, county, state and federal transfer and conveyance taxes and fees, recording costs and all closing/escrow fees shall be paid by Buyer at the Closing. 4.03. The Deed shall contain the following disclaimer of any further warranties: Grantor does not warrant either expressly or impliedly, the condition or fitness of the Premises conveyed, any such warranty being hereby expressly negated. Grantee, acknowledges that it has made a complete inspection of the Premises and is in all respects satisfied with the Premises and accepts the same “as is”. 4.04. The Real Property shall be subject to and the Deed shall contain the restriction that the Real Property shall not be used for a restaurant use, the primary business of which is the sale of hamburgers, hamburger products, hot dogs, roast beef, or chicken sandwiches (or any combination thereof). For the purpose of this restriction, as restaurant has the aforesaid products as its primary business if fifteen percent (15%) or more of its gross sales, exclusive of taxes, beverage and dairy product sales, consists of sales of hamburgers, hamburger products, hot dogs, roast beef, or chicken sandwiches (or any combination thereof). This restriction shall burden and run with the Real Property for a period of twenty (20) years from the date of the Closing, and shall burden the Real Property and the owners, successors, and assigns thereof.
Deed and Other Documents. Seller shall, at the Closing, convey fee simple title to the Property to Buyer by a duly and validly executed, recordable QUIT CLAIM DEED, TP584 Form, RP5217 Form, together with such other documents as may be reasonably required by Buyer to comply with terms and conditions of this Contract. ▇▇▇▇▇ and Seller agree to execute and/or deliver such other documents as may be necessary or appropriate to carry out the terms of this Agreement. Such documents shall include, but not be limited to, a closing statement and the most recent real estate tax bill(s).
Deed and Other Documents 

Related to Deed and Other Documents

  • Agreements and Other Documents 29 3.23 Solvency....................................................................................... 29 3.24

  • Contracts and Other Agreements Section 3.12 of the Disclosure Schedule sets forth a list of the following contracts and other agreements to which the Company is a party or by or to which any of its assets, properties or securities are bound or subject (each, a "Material Contract"): (a) any agreement or series of related agreements requiring aggregate payments by or to the Company of more than $50,000; (b) any agreement with or for the benefit of any current or former officer, director, holder of any security, employee or consultant of the Company under which the Company has any obligations as of the date hereof; (c) any agreement with any labor union or association representing any employee of the Company; (d) any agreement for the purchase or sale of materials, supplies, equipment, merchandise or services that contains an escalation clause or that obligates the Company to purchase all or substantially all of its requirements of a particular product or service from a supplier or to make periodic minimum purchases of a particular product or service from a supplier, which is not terminable on not more than 30 days notice (without penalty or premium); (e) any agreement for the sale of any of the assets or properties of the Company other than in the ordinary course of business or for the grant to any person of any options, rights of first refusal, or preferential or similar rights to purchase any such assets or properties; (f) any agreement of surety, guarantee or indemnification, other than agreements in the ordinary course of business with respect to obligations in an aggregate amount not in excess of $50,000; (g) any agreement which contains covenants of the Company not to compete in any line of business, in any geographic area or with any Person or covenants of any other Person not to compete with the Company or in any line of business of the Company; (h) any agreement with customers or suppliers for the sharing of fees, the rebating of charges or other similar arrangements; (i) any agreement obligating the Company to deliver maintenance services or future product enhancements or containing a "most favored nation" pricing clause; (j) any agreement relating to the acquisition by the Company of any operating business or the capital stock of any other Person; (k) any agreement requiring the payment to any Person of a brokerage or sales commission or a finder's or referral fee (other than arrangements to pay commissions or fees to employees in the ordinary course of business); (l) any agreements, notes or other instruments relating to or evidencing outstanding indebtedness of the Company for borrowed money (including capitalized lease obligations); (m) any lease, sublease or other agreement under which the Company is lessor or lessee of any real property or equipment or other tangible property; (n) any agreement with a change of control provision or otherwise requiring any consent, approval, waiver or other action by any Person in connection with the Merger; (o) any stock option agreement, restricted stock agreement, employment or severance agreement, phantom stock plan or bonus, incentive or similar agreement, arrangement or understanding; (p) any agreement involving the assignment, transfer, license (whether as licensee or licensor) or pledge or encumbrance of any Company Intellectual Property; (q) any distribution or sales representative agreement or agreement appointing any agent; and (r) any other material agreement whether or not made in the ordinary course of business. True and complete copies of all Material Contracts (and all amendments, waivers or other modifications thereto) have been furnished or made available to the Buyer. Each Material Contract is valid, subsisting, in full force and effect, binding upon the Company and, to the Company's knowledge, the other parties thereto in accordance with their terms, and the Company is not in default under any of them, nor, to the Company's knowledge, is any other party to any Material Contract in default thereunder, nor, to the Company's knowledge, does any condition exist that with notice or lapse of time or both would constitute a default thereunder, except, in each of the foregoing cases, such defaults as would not, either individually or in the aggregate, have, or be reasonably likely to have, a Material Adverse Effect.

  • Covenants and Other Agreements Purchaser shall have performed its covenants and agreements herein on or prior to the Closing Date in all material respects.

  • Submission of Reports and Other Documents Service Provider shall submit all reports and other documents as and when specified in the Scope of Work. This information shall be subject to review by the City, and if found to be unacceptable, Service Provider shall correct and deliver to the City any deficient Work at Service Provider’s expense with all practical dispatch. Service Provider shall abide by the City’s determinations concerning acceptability of Work.

  • Litigation and Other Notices Furnish to the Administrative Agent (which will promptly thereafter furnish to the Lenders) written notice of the following promptly after any Responsible Officer of the Company obtains actual knowledge thereof: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) proposed to be taken with respect thereto; (b) the filing or commencement of, or any written threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority or in arbitration, against any Loan Party or any Subsidiary as to which an adverse determination is reasonably probable and which, if adversely determined, would reasonably be expected to have a Material Adverse Effect; (c) any other development specific to any Loan Party or any Subsidiary that is not a matter of general public knowledge and that has had, or would reasonably be expected to have, a Material Adverse Effect; (d) the development of any ERISA Event that, together with all other ERISA Events that have developed or occurred, would reasonably be expected to have a Material Adverse Effect; and (e) any change in the information provided in the Beneficial Ownership Certification delivered to such Lender that would result in a change to the list of beneficial owners identified in such certification.