Contracts for Deed. The Company shall comply with all Obligations set forth in any Contract for Deed contained in any Loan subject to this Agreement. Pursuant to the provisions of Section 3.01 hereof, the Initial Member may require the Company to prepare and furnish special warranty deeds (or equivalent) or such other form of deed as may be required by the Contract for Deed for the Initial Member’s approval, execution and acknowledgement, conveying the real property and any interest therein subject to any such contract to the Company. Title curative work, if required, shall be at the Company’s sole cost and expense.
Appears in 2 contracts
Sources: Asset Contribution and Assignment Agreement, Asset Contribution and Assignment Agreement