CLOSING/POSSESSION Sample Clauses

CLOSING/POSSESSION. Possession and closing shall be given to Purchaser on or before (date) , provided, however, delivery of possession is conditioned upon closing.
AutoNDA by SimpleDocs
CLOSING/POSSESSION. The purchase and sale of the Unit shall be consummated at a closing (“Closing”) to be held at the offices of the Title Company in Jackson, Wyoming. The Closing shall take place within 20 business days following the last to occur of (i) the receipt of a Certificate of Occupancy for the Unit issued by the Town of Jackson, Wyoming; (ii) the recordation of the Plat and Declaration in the Office of the Teton County, Wyoming Clerk, and (iii) written verification from the Housing Department that Buyer is a “Local Business” and able purchase the Unit (the date upon which Closing occurs is referred to herein as the “Closing Date”). It is anticipated that construction of the Unit will be substantially completed (meaning Seller has obtained a certificate of occupancy for the Unit) by March 31, 2021 (“Estimated Completion Date”). If Seller has not obtained a certificate of occupancy for the Unit within 90 days after the Estimated Completion Date (such date to be extended day for day, for any delays caused by Buyer or Buyer’s agent), then as Buyer’s sole remedy, Buyer may terminate this Contract by giving written notice of termination to Seller and Seller shall, upon receipt of this notice of termination, instruct the Title Company to return the Xxxxxxx Money to Buyer and the parties shall have no other rights or obligations hereunder. At Closing, the Xxxxxxx Money shall be transferred to Seller (and applied as a credit to the Purchase Price) and Buyer shall pay the Seller the unpaid balance of the Purchase Price, and Seller shall deliver ‘good and marketable title’ meaning such title that is insurable by a Wyoming licensed titled insurance company under a A.L.T.A. Standard Owner’s title insurance policy, which may be subject to the following: (1) Final Permitted Exceptions; (2) pro-rated taxes and assessments for the year of Closing; and (3) a general Warranty Deed. Seller shall then, upon consummation of Closing, deliver possession of the Unit to Buyer. Closing shall also refer to both the recordation of the Warranty Deed and disbursing of funds.
CLOSING/POSSESSION. Closing will occur as provided in the Auction Terms and Conditions. At closing, the parties will execute the customary documents. The Property is subject to one or more leases, each of which has been provided to Purchaser. Purchaser understands possession of the Property by Purchaser is subject to the leases as stated in the Auction Terms and Conditions.
CLOSING/POSSESSION. Closing date shall be on , or before by mutual agreement with possession to be given at time of closing unless otherwise agreed between the Parties. Seller agrees to maintain the property in a condition comparable to its present condition and agrees that Xxxxx shall have the opportunity for a personal inspection before closing. Buyer shall have all utilities transferred into their name on or before the day of closing. Seller agrees to maintain all existing insurance coverage on property until time of closing. Closing/Settlement Fee and/or Title Services Fee shall be paid as follows: Buyer % Seller %
CLOSING/POSSESSION. Closing date will be on or before with possession to be given Purchaser at time of closing. Seller agrees to maintain the property in a condition comparable to its present condition and agrees that Purchaser will have the opportunity for a personal inspection prior to closing. Seller agrees to maintain all existing insurance coverage on property until time of closing. Closing service fees, if any, cost to be distributed as follows: Purchaser Seller . All personal property, including refuse, not included in the purchase price, shall be removed by Seller prior to closing.
CLOSING/POSSESSION. Possession and closing shall be given to Purchaser on or before TBD, provided, however, delivery of possession is conditioned upon closing.
CLOSING/POSSESSION. 5.01 This transaction shall be closed by the escrow agent on or before _______________________. unless otherwise agreed to in writing, by both parties. Possession of the property shall be delivered to Buyer or his nominee upon Closing.
AutoNDA by SimpleDocs
CLOSING/POSSESSION. Sellers shall deliver possession of the Property to the Purchasers at the time of the closing which is set to be on or before thirty days following the effective date of this Agreement.
CLOSING/POSSESSION. The closing of the purchase and sale and payment of the Purchase Price (the “Closing”) shall take place on or before (the “Closing Date”), unless otherwise agreed by Seller and Purchaser. Possession shall be delivered on the Closing Date.
CLOSING/POSSESSION. The sale shall be closed on or before, if mutually agreed by the parties. Closing of
Time is Money Join Law Insider Premium to draft better contracts faster.