Common use of Vendor’s Closing Deliveries Clause in Contracts

Vendor’s Closing Deliveries. On or before the Closing Date, the Vendor shall deliver or cause to be delivered to the Purchaser the following: (a) Statement of Adjustments, to be provided to the Purchaser no later than five (5) business days before the Closing Date; (b) Transfer of titles to the Purchased Lands in registerable form in favour of the Purchaser subject only to those encumbrances as set out in paragraph 5(a)(iii); (c) A certificate of the Vendor or an officer of the Vendor confirming that the representations and warranties contained in the section entitled Vendor’s Representations, Warranties and Covenants are true and correct as at the Closing Date with the same force and effect as if each of such representations and warranties were made at and as of the Closing Date; (d) A certified copy of a resolution of the director(s) of the Vendor authorizing and approving the transaction contemplated herein; and (e) A mutual undertaking to readjust for any items not determinable on the Closing Date as contemplated by the adjustment provisions contained herein. All documentation shall be in form and substance acceptable to the Purchaser and the Vendor, each acting reasonably and in good faith.