Common use of Quitclaim Deed Clause in Contracts

Quitclaim Deed. If this Agreement expires or is otherwise terminated, Optionee agrees, if requested by Optionor, to execute, acknowledge, and deliver a quitclaim deed to Optionor within ten (10) days after termination and to execute, acknowledge, and deliver any other documents required by any title company to remove the exception of this Option from the Property.

Appears in 3 contracts

Sources: Assignment and Assumption of Option Agreement (Laidlaw Energy Group, Inc.), Assignment and Assumption of Option Agreement (Laidlaw Energy Group, Inc.), Option Agreement (Renegy Holdings, Inc.)