Examples of Transferred Properties in a sentence
Additionally, the Parties agree that the transfers of the Transferred Properties are one indivisible transaction and the Closing of one transaction is contingent upon the Closing of both simultaneously.
The completion of the transfers of the Transferred Properties (“Closing”) shall take place within thirty (30) days after GDK receives final and un- appealable approval from the City’s Planning Commission as provided for in paragraph 5(I), above, or such later date as may be agreed on by the Parties (“Closing Date”).
Possession of the Transferred Properties will be given on the Closing Date.
The Sellers shall procure that any existing insurance (if any) on the Transferred Properties shall be maintained and that any such insurance will be cancelled with effect from the Closing Date or, if later, the date of Property Transfer Completion (as the case may be) unless agreed otherwise with the Purchaser.