Closing the Transaction. The closing agent will cooperate with the approval official, borrower, seller, and other necessary parties to arrange the time and place of closing. The transaction may be closed when the agency determines that the agency re- quirements for the loan have been sat- isfied and the closing agent or ap- proved attorney can issue or cause to be issued a policy of title insurance or final title opinion as of the date of closing showing title vested as required
Closing the Transaction. The closing agent will cooperate with the approval official, borrower, seller, and other necessary parties to arrange the time and place of closing. The transaction may be closed when the agency determines that the agency re- quirements for the loan have been sat- isfied and the closing agent or ap- proved attorney can issue or cause to be issued a policy of title insurance or final title opinion as of the date of closing showing title vested as required by the agency, the lien of the agency’s mortgage in the priority required by the agency, and title to the mortgaged property subject only to those excep- tions approved in writing by the agen- cy. The loan will be considered closed when the mortgage is filed for record and the required lien is obtained.
Closing the Transaction. The Closing shall occur no later than five (5) Business Days after Buyer and Seller provide the written notice to Escrow Agent that the closing requirements described in Section 6 have been satisfied (the “Closing Date”); provided, however, if the Section 6 requirements have not been satisfied by three (3) months after the Opening Date) (the “Closing Deadline”), then this Agreement shall automatically terminate and shall be of no further force or effect, and Buyer and Seller shall have no further obligations or liabilities hereunder, except for any obligations or liabilities which survive the termination of this Agreement. The City Manager, in his sole discretion, and upon Buyer's written request, may extend the Closing Deadline for a period of time not to exceed thirty (30) days per extension, with a maximum of three (3) extensions. Notwithstanding anything to the contrary, no notice or cure period shall apply to this Section 7.
Closing the Transaction. 4 2.1 Closing . . . . . . . . . . . . . . . . . . . . . . . . 4 2.2 Sellers' Deliveries at Closing . . . . . . . . . . . . . 5 (a) Bill xx Sale . . . . . . . . . . . . . . . . . . 5 (b)
Closing the Transaction. On the Closing Date the parties shall convene at Cantor and Co. – Law Firm or at any other location which shall be agreed upon between the parties, and will close the transaction as specified in this Section 8 below, while all of the integrated transactions specified below performed correspondingly:
Closing the Transaction. The Transaction's Closing is subject to:
Closing the Transaction. The Closing of this transaction shall occur, as set forth in this Section 7, after the completion of all of the following events: (1) Buyer has obtained an approval for re-zoning and a site plan of the Property as described in Paragraph 5(g)(i), (2) Buyer has obtained an approval of a minor general plan amendment for the Property as described in Paragraph 5(g)(ii), (3) the Parties have agreed upon a legal description of the Property that excludes the Retained Property as described in Paragraph 5(c), and (4) the Parties agree on the location, area, terms and conditions of the Easements as described in Paragraph 5(f). After the completion and satisfaction of the closing requirements set forth in Sections 7(1), 7(2), 7(3) and 7(4) above, Buyer and Seller shall promptly, in writing, inform Escrow Agent that these closing requirements have been satisfied. The Closing shall occur no later than five (5) Business Days after Buyer and Seller provide the written notice to Escrow Agent that the closing requirements described in 7(1), 7(2), 7(3) and 7(4) have been satisfied (the "Closing Date"); provided, however, if the above requirements 7(1), 7(2), 7(3) and 7(4) have not been satisfied by , 2020 (fifteen (15) months after the Opening Date) (the “Closing Deadline”), then this Agreement shall automatically terminate and shall be of no further force or effect, and Buyer and Seller shall have no further obligations or liabilities hereunder, except for any obligations or liabilities which survive the termination of this Agreement. The City Manager, in his sole discretion, and upon Buyer's written request, may extend the Closing Deadline for a period of time not to exceed thirty (30) days per extension, with a maximum of three (3) extensions. Notwithstanding anything to the contrary, no notice or cure period shall apply to this Section 7.
Closing the Transaction
