Conveyance Sample Clauses

A Conveyance clause defines the legal transfer of ownership or interest in property from one party to another. It typically outlines the specific property being transferred, the parties involved, and the terms under which the transfer occurs, such as the timing and any conditions precedent. This clause ensures that the rights and title to the property are clearly and formally passed, thereby preventing disputes over ownership and establishing a clear record of the transaction.
POPULAR SAMPLE Copied 23 times
Conveyance. Upon performance by the Buyer of the closing obligations specified herein, the Seller shall convey marketable title of the Property to the Buyer by the deed mentioned in Section VIII, including, but not limited to, oil, gas, and other mineral rights, subject only to building and use restrictions, easements, and restrictions of record, if any.
Conveyance. The Seller with respect to the Seller Home Equity Loans and the Conduit Seller with respect to the Conduit Home Equity Loans each hereby bargains, sells, conveys, assigns and transfers to the Depositor, in trust, without recourse and for the exclusive benefit of the Owners of the Certificates, all of its right, title and interest in and to (a) all principal collected and interest due on the Home Equity Loans on and after the Cut-Off Date and any and all other benefits accruing from the Home Equity Loans which the Depositor is causing to be delivered to the Custodian on behalf of the Trustee herewith, together with the related Home Equity Loan documents and the Depositor’s interest in any Property, and all payments thereon and proceeds of the conversion, voluntary or involuntary, of the foregoing, and (b) proceeds of all the foregoing (including, but not by way of limitation, all proceeds of any mortgage insurance, flood insurance, hazard insurance and title insurance policy relating to the Home Equity Loans, cash proceeds, accounts, accounts receivable, notes, drafts, acceptances, chattel paper, checks, deposit accounts, rights to payment of any and every kind, and other forms of obligations and receivables which at any time constitute all or part of or are included in the proceeds of any of the foregoing) to pay the Certificates as specified herein (the “Home Equity Loan Assets”). The Depositor, concurrently with the execution and delivery hereof, hereby bargains, sells, conveys, assigns and transfers to the Trustee for the benefit of the Owners of the Certificates, without recourse, all the right, title and interest of the Depositor in and to the Trust Estate. The Trustee acknowledges such sale, accepts the trusts hereunder in accordance with the provisions hereof and agrees to perform the duties herein in accordance with the provisions of the Operative Documents.
Conveyance. Seller shall convey marketable title to the Real Property by statutory warranty, trustee’s, personal representative’s, or guardian’s deed, as appropriate to the status of Seller, subject only to matters described in STANDARD A and those accepted by Buyer. Personal Property shall, at request of Buyer, be transferred by absolute ▇▇▇▇ of sale with warranty of title, subject only to such matters as may be provided for in this Contract.
Conveyance. Grantor, for and in consideration of the sum of Ten Dollars ($10) cash and other good and valuable consideration, in hand paid, the receipt and sufficiency of which is hereby acknowledged, hereby grants, bargains, sells, and conveys unto Grantee an undivided seventy-five percent (75%) of Grantor’s right, title and interest in and to the following property of Grantor, excluding, however, the Excluded Assets (collectively the “Assets”): (a) (i) all oil, gas, hydrocarbons and other minerals of whatever kind or nature in, on, and under and that may be produced, saved, marketed, or extracted from lands granted under the Prior Assignment and (ii) the lands and any associated royalty interests, overriding royalty interests, mineral fee interests, payments out of production, carried interests, reversionary rights, contractual rights to production, or other interest in oil, gas, hydrocarbons and other minerals of whatever kind or nature granted under the Prior Assignment, INSOFAR AND ONLY INSOFAR as described on Exhibit A (the “Mineral/Royalty/Overriding Interest”); (b) All pooled, communitized or unitized acreage which includes all or part of any Mineral/Royalty/Overriding Interest (the “Units”), and all tenements, hereditaments and appurtenances belonging to any Mineral/Royalty/Overriding Interest or Unit; (c) All currently existing contracts, agreements and instruments with respect to the Mineral/Royalty/Overriding Interest and Units, to the extent applicable to the Mineral/Royalty/Overriding Interest and Units including operating agreements, unitization, pooling, communitization agreements, stipulation of interests, declarations and orders, area of mutual interest agreements, joint venture agreements, farmin and farmout agreements, exchange agreements, transportation agreements, agreements for the sale and purchase of oil and gas and processing agreements, but excluding any contracts, agreements and instruments included within the definition of “Excluded Assets” (subject to such exclusion, the “Contracts”); (d) All surface fee interests, easements, servitudes, rights-of-way, surface leases and other surface rights appurtenant to, and used or held for use solely in connection with, the Mineral/Royalty/Overriding Interest and Units, and only to the extent necessary for the production and development of hydrocarbons from the Mineral/Royalty/Overriding Interest and Units; (e) All oil and gas produced from or attributable to the Mineral/Royalty/Overriding Interest a...
Conveyance. A. At closing Seller shall convey and transfer the Property to Buyer by Warranty Deed, Trustee’s Deed, appropriate assignment, or other similar acceptable instrument of conveyance, which instrument shall be subject to the exceptions permitted herein, releasing homestead. At the same time the balance of the purchase price then due shall be paid and all documents relative to the transaction shall be signed and delivered. In the event the Buyer shall assume an existing indebtedness, cost of such assumption shall be borne by ▇▇▇▇▇. B. At Closing Seller shall deliver to Buyer a completed Real Estate Transfer Declaration signed by Seller in the form required pursuant to the Real Estate Transfer Tax Act of the State of Illinois. Any transfer tax imposed by the Real Estate Transfer Declaration shall be paid by Seller / Buyer (strike one). C. Recording fees imposed on the recording of the deed shall be paid by Seller / Buyer (strike one).
Conveyance. If Buyer is to receive any rights to water pursuant to § 2.7.2 (Other Rights Relating to Water),
Conveyance. In the event of the resignation or removal of a Trustee or his otherwise ceasing to be a Trustee, such former Trustee or his legal representative shall, upon request of the continuing Trustees, execute and deliver such documents as may be required for the purpose of consummating or evidencing the conveyance to the Trust or the remaining Trustees of any Trust Property held in such former Trustee's name, but the execution and delivery of such documents shall not be requisite to the vesting of title to the Trust Property in the remaining Trustees, as provided in subsection (g) of this Section 4.1 and in Section 4.13 hereof.
Conveyance. If Buyer is to receive any rights to water pursuant to § 2.7.2 (Other Rights Relating to Water), 83 § 2.7.3 (Well Rights), or § 2.7.4 (Water Stock Certificates), Seller agrees to convey such rights to Buyer by executing the 84 applicable legal instrument at Closing.
Conveyance. (a) ABS hereby, on each Purchase Date, as evidenced by the execution and delivery by ABS and the Obligors of a Sale Agreement Supplement, sells, transfers, assigns, sets over, contributes, quitclaims and otherwise conveys to the Obligors (collectively, the "Conveyance") all of ABS' right, title and interest in, to and under the related Conveyed Assets, whether in existence at the Purchase Date or thereafter arising. The Conveyed Assets conveyed to each of the respective Obligors shall be as set forth in the related Sale Agreement Supplement. Each such transfer of Conveyed Assets by ABS shall be without representation, warranty or recourse except as expressly provided in Section 3.01. (b) The purchase price for the Conveyed Assets conveyed pursuant to this Master Sale Agreement and the amount of such Conveyed Assets which will be contributed to the Obligors shall be determined by ABS and the Obligors at the time of the execution and delivery of such related Sale Agreement Supplement. The amount paid to ABS for the Conveyed Assets sold on a Purchase Date shall be paid by the Obligors to or at the direction of ABS as provided in the related Sale Agreement Supplement. (c) In connection with each such Conveyance, prior to each related Purchase Date, ABS agrees to record and file, at its own expense, financing statements (and thereafter timely continuation statements with respect to such financing statements) with respect to the related Conveyed Assets, meeting the requirements of applicable state law in such manner and in such jurisdictions as are necessary or reasonably desirable to perfect and to maintain the perfection of, the conveyance of the related Conveyed Assets from ABS to the Obligors and the pledge of such related Conveyed Assets from the Obligors to the Trustee, and to deliver a copy of such financing statements or other evidence of such filings to the Obligors on or prior to the related Purchase Date; provided, however, that except as required by the Master Agreement, no financing statements will be recorded or filed with respect to the sale or transfer of the Equipment owned by ABS unless (i) ABS, as Servicer shall determine to file UCC-3 statements or similar statements with respect to such Equipment in order to exercise remedies with respect to Defaulted Contracts to which such Equipment relates or (ii) such Equipment has a value in excess of $25,000; and provided further that the Contract Files will not be physically delivered to the Obligors ...
Conveyance. Seller represents that they have good, valid and marketable title, in fee simple, and agrees to convey title to Property to Buyer or his nominee by warranty deed free and clear of all liens, encumbrances or special taxes levied or assessed, except No exceptions subject to all building, use restrictions, and covenants now of record.