Conveyance Documents. On the Closing Date, Seller will transfer and convey title to the Property to Buyer free and clear of all liens and encumbrances, other than real and personal property taxes not yet due and payable, and the Permitted Exceptions, by: (i) Delivering a recordable deed (see EXHIBIT D) executed by Seller, in the form of the attached Exhibit C, subject only to the Permitted Exceptions, and conveying fee simple title to the Real Property and Appurtenances to Buyer (the "Deed"); (ii) Delivering a B▇▇▇ of Sale executed by Seller, in the form of the attached Exhibit D, transferring the Personal Property to Buyer (the "B▇▇▇ of Sale"); and (iii) Delivering two originals of an Assignment and Assumption Agreement executed by Seller, in the form of the attached Exhibit E, transferring all of Seller’s right, title, and interest in and to the Assumed Contracts, the Licenses, the Leases, and the Intangibles to Buyer (the "Assignment Agreement"). The foregoing documents and instruments are collectively referred to herein as the "Conveyance Documents."
Appears in 2 contracts
Sources: Purchase and Sale Agreement (Building Bits Properties I, LLC), Purchase and Sale Agreement (Building Bits Properties I, LLC)
Conveyance Documents. On the Closing Date, Seller will transfer and convey title to the Property to Buyer free and clear of all liens and encumbrances, other than real and personal property taxes not yet due and payable, and the Permitted Exceptions, by:
(i) Delivering a recordable special Warranty deed (see EXHIBIT D) executed by Seller, in the form of the attached Exhibit CD, subject only to the Permitted Exceptions, and conveying fee simple title to the Real Property and Appurtenances to Buyer (the "Deed");
(ii) Delivering a B▇▇▇ of Sale executed by Seller, in the form of the attached Exhibit DE, transferring the Personal Property to Buyer (the "B▇▇▇ of Sale"); and
(iii) Delivering two originals of an Assignment and Assumption Agreement executed by Seller, in the form of the attached Exhibit EF, transferring all of Seller’s right, title, and interest in and to the Assumed Contracts, the Licenses, the Leases, and the Intangibles to Buyer (the "Assignment Agreement"). The foregoing documents and instruments are collectively referred to herein as the "Conveyance Documents."
Appears in 2 contracts
Sources: Purchase and Sale Agreement (Building Bits Properties I, LLC), Purchase and Sale Agreement (Building Bits Properties I, LLC)
Conveyance Documents. On the Closing Date, Seller will transfer and convey title to the Property to Buyer free and clear of all liens and encumbrances, other than real and personal property taxes not yet due and payable, and the Permitted Exceptions, by:
(i) Delivering a recordable Statutory Warranty deed (see EXHIBIT D) executed by Seller, in the form of the attached Exhibit C, subject only to the Permitted Exceptions, and conveying fee simple title to the Real Property and Appurtenances to Buyer (the "Deed");
(ii) Delivering a B▇▇▇ of Sale executed by Seller, in the form of the attached Exhibit D, transferring the Personal Property to Buyer (the "B▇▇▇ of Sale"); and
(iii) Delivering two originals of an Assignment and Assumption Agreement executed by Seller, in the form of the attached Exhibit E, transferring all of Seller’s right, title, and interest in and to the Assumed Contracts, the Licenses, the Leases, and the Intangibles to Buyer (the "Assignment Agreement"). The foregoing documents and instruments are collectively referred to herein as the "Conveyance Documents."
Appears in 2 contracts
Sources: Purchase and Sale Agreement (Building Bits Properties I, LLC), Purchase and Sale Agreement (Building Bits Properties I, LLC)
Conveyance Documents. On the Closing Date, Seller will transfer and convey title to the Property to Buyer free and clear of all liens and encumbrances, other than real and personal property taxes not yet due and payable, and the Permitted Exceptions, by:
(i) Delivering a recordable deed (see EXHIBIT D) Act of Cash Sale with limited warranties executed by Seller, in the form of the attached Exhibit CD, subject only to the Permitted Exceptions, and conveying fee simple title to the Real Property and Appurtenances to Buyer (the "Deed");
(ii) Delivering a B▇▇▇ of Sale executed by Seller, in the form of the attached Exhibit D, transferring the Personal Property to Buyer (the "B▇▇▇ of Sale"); and
(iii) Delivering two originals of an Assignment and Assumption Agreement executed by Seller, in the form of the attached Exhibit E, transferring all of Seller’s right, title, and interest in and to the Assumed Contracts, the Licenses, the Leases, and the Intangibles to Buyer (the "Assignment Agreement"). The foregoing documents and instruments are collectively referred to herein as the "Conveyance Documents."
Appears in 1 contract
Sources: Purchase and Sale Agreement (Building Bits Properties I, LLC)
Conveyance Documents. On the Closing Date, Seller will transfer and convey title to the Property to Buyer free and clear of all liens and encumbrances, other than real and personal property taxes not yet due and payable, and the Permitted Exceptions, by:
(i) Delivering a recordable special warranty/limited deed (see EXHIBIT D) executed by Seller, in the form of the attached Exhibit CD, subject only to the Permitted Exceptions, and conveying fee simple title to the Real Property and Appurtenances to Buyer Buyer, subject to (1) all matters of record, (2) unpaid taxes and assessments not yet due and payable, (3) zoning ordinances, (4) the Lease(s), and (5) matters visible upon a physical inspection or matters which would be set forth in an accurate ALTA survey (the "Deed");
(ii) Delivering a Quit Claim B▇▇▇ of Sale executed by Seller, in the form of the attached Exhibit D, transferring the Personal Property to Buyer without warranty or recourse (the "B▇▇▇ of Sale"); and
(iii) Delivering two originals of an Assignment and Assumption Agreement executed by Seller, in the form of the attached Exhibit E, transferring all of Seller’s right, title, and interest in and to the Assumed Contracts, the Licenses, the Leases, and the Intangibles to Buyer (the "Assignment Agreement"). The foregoing documents and instruments are collectively referred to herein as the "Conveyance Documents."
Appears in 1 contract
Sources: Purchase and Sale Agreement (Building Bits Properties I, LLC)