Vesting of Title. At Closing, Seller shall convey fee simple title to the Real Property to Buyer by execution and delivery of the Deed (as defined below). Issuance by the Title Company (or an unconditional commitment to issue) as of the Closing of the Buyer's Title Policy (as defined below) shall constitute evidence of delivery of title by Seller.
Appears in 6 contracts
Sources: Purchase and Sale Agreement (Bre Properties Inc /Md/), Purchase and Sale Agreement (American Xtal Technology), Option Agreement (Macromedia Inc)
Vesting of Title. At Closing, Seller shall convey fee simple title to the Real Property to Buyer by execution and delivery of the Deed (as defined below). Issuance by the Title Company (or an unconditional commitment to issue) as of the Closing of the Buyer's ’s Title Policy (as defined below) shall constitute evidence of delivery of title by Seller.
Appears in 1 contract
Sources: Purchase and Sale Agreement (KBS Real Estate Investment Trust, Inc.)
Vesting of Title. At Closing, Seller shall convey fee simple title to the Real Property to Buyer by execution and delivery of the Deed (as defined below). Issuance by the Title Company (or an unconditional commitment to issue) as of the Closing of the Buyer's Title Policy (as defined below) shall constitute evidence of delivery of title by Seller.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Agilent Technologies Inc)
Vesting of Title. At Closing, Seller shall convey fee simple title to the Real Property Property, subject to the Permitted Exceptions, to Buyer by execution and delivery of the Deed (as defined below)Deed. Issuance by the Title Company Insurer (or an unconditional commitment to issue) as of the Closing to Buyer of the Buyer's Title Policy (as defined below) an owner’s policy of title insurance shall constitute evidence of delivery of title by Seller.
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