Common use of Form of Conveyance Clause in Contracts

Form of Conveyance. (a) The Premises shall be conveyed in fee simple absolute, subject to the Permitted Exceptions (hereinafter defined), by a good and sufficient special warranty deed (the "Deed") in substantially the form attached hereto as EXHIBIT D, running to Buyer or, subject to the provisions of Article 20 hereof, to Buyer or such assignee as Buyer designates by notice to Seller at least ten (10) business days prior to the Closing. The Deed shall convey title as existed at the end of the Title Review Period (as defined in Article 6(f)), subject only to the Permitted Exceptions. The Deed shall be in proper form for recording and shall be duly executed, acknowledged and delivered by Seller at the Closing, together with all necessary or applicable conveyance, gains and transfer tax forms and checks in payment of all conveyance, gains and transfer taxes. (b) The Personal Property shall be conveyed by a bill of sale (the "Bill of Sale") substantially in the form attached h▇▇▇▇o as EXHIBIT E, ▇▇ be delivered by Seller to Buyer at Closing. (c) Seller's interest in the Leases shall be conveyed pursuant to the Lease Assignment (as hereafter defined). (d) Seller's interest in the Contracts shall be conveyed pursuant to the Contract Assignment (the "Contract Assignment") substantially in the form of EXHIBIT F. (e) The Intangibles shall be conveyed pursuant to a General Assignment (the "General Assignment") substantially in the form of EXHIBIT G.

Form of Conveyance. (a) The Premises shall be conveyed in fee simple absolute, subject to the Permitted Exceptions (hereinafter defined), by a good and sufficient special warranty deed (the "Deed") in substantially the form attached hereto as EXHIBIT D, running to Buyer or, subject to the provisions of Article 20 hereof, to Buyer or such assignee as Buyer designates by notice to Seller at least ten (10) business days prior to the Closing. The Deed shall convey title as existed at the end of the Title Review Period (as defined in Article 6(f)), subject only to the Permitted Exceptions. The Deed shall be in proper form for recording and shall be duly executed, acknowledged and delivered by Seller at the Closing, together with all necessary or applicable conveyance, gains and transfer tax forms and checks in payment of all conveyance, gains and transfer taxes. (b) The Personal Property shall be conveyed by a bill ▇▇▇▇ of sale (the "Bill ▇▇▇▇ of Sale") substantially in the form attached h▇▇▇▇o hereto as EXHIBIT E, ▇▇ to be delivered by Seller to Buyer at Closing. (c) Seller's interest in the Leases shall be conveyed pursuant to the Lease Assignment (as hereafter defined). (d) Seller's interest in the Contracts shall be conveyed pursuant to the Contract Assignment (the "Contract Assignment") substantially in the form of EXHIBIT F. (e) The Intangibles shall be conveyed pursuant to a General Assignment (the "General Assignment") substantially in the form of EXHIBIT G.

Form of Conveyance. The parties acknowledge that the Property is to be conveyed in four separate parcels by Seller to assignees of Buyer, who shall be, in the instance of the parcels subject to Existing Loans for which the loan documents require that the owner be a separate and distinct single asset entity, to such an entity. For each parcel: (a) The Premises shall be conveyed in fee simple absolute, subject to the Permitted Exceptions (hereinafter defined), by a good and sufficient special general warranty deed (the "“Deed"”) in substantially the form attached hereto as EXHIBIT Exhibit D, running to Buyer or, subject to the provisions of Article 20 hereof, to Buyer or such assignee as Buyer designates by notice to Seller at least ten five (105) business days prior to the Closing. The Deed shall convey title as existed at reflected on the end of Commitment for the Title Review Period (as defined in Article 6(f))Insurance for each parcel, subject only excepting any matters to the Permitted Exceptionswhich Buyer has objected and not waived such objection. The Deed shall be in proper form for recording and shall be duly executed, acknowledged and delivered by Seller at the Closing, together with all necessary or applicable conveyance, gains and transfer tax forms and checks in payment of all conveyance, gains and transfer taxes. (b) The the Personal Property shall be conveyed free of all encumbrances by a bill warranty ▇▇▇▇ of sale (the "Bill “▇▇▇▇ of Sale"”) substantially in the form attached h▇▇▇▇o hereto as EXHIBIT Exhibit E, ▇▇ to be delivered by Seller to Buyer at Closing. (c) Seller's ’s interest in the Leases shall be conveyed free of all encumbrances pursuant to the Lease Assignment (as hereafter defined). (d) Seller's interest in the Contracts shall be conveyed pursuant to the Contract Assignment (the "Contract Assignment") substantially in the form of EXHIBIT F. (e) The Intangibles shall be conveyed pursuant to a General Assignment (the "“General Assignment"”) substantially in the form of EXHIBIT G.Exhibit F.