Common use of Delivery to Purchaser Clause in Contracts

Delivery to Purchaser. Upon the completion of any sale of any of the Mortgaged Property under this Article, Borrower shall deliver all of the property so sold to the purchaser or purchasers at such sale on the date of sale, or within a reasonable time thereafter if it shall be impractical to make immediate delivery, but in any event full title and right of possession to such property shall pass to such purchaser or purchasers forthwith upon the completion of such sale. Nevertheless, if so requested by Lender or by any purchaser, Borrower shall confirm any such sale or transfer by executing and delivering to such purchaser all proper instruments of conveyance and transfer and releases as may be designated in any such request. Subject to the rights of Lessee, to the extent that they exist, every such sale of Mortgaged Property shall operate to divest all right, title, interest, claim and demand whatsoever of Borrower and any person claiming such interest by, through or under Borrower, in and to the property so sold, and shall be a perpetual bar, both at law and in equity, against Borrower and all such persons and their respective successors or assigns.

Delivery to Purchaser. Upon the completion of any sale of any of the Mortgaged Property under this ArticleSection 4, Borrower the Mortgagor shall deliver or; cause to be delivered all of the property so property, sold to the purchaser or purchasers at such sale on the date of sale, or within a reasonable time thereafter if it shall be impractical to make immediate delivery, but in any event full title and right of possession to such property shall pass to such purchaser or purchasers forthwith upon the completion of such sale. Nevertheless, if so requested by Lender the Mortgagee or by any purchaser, Borrower the Mortgagor shall confirm any such sale or transfer by executing and delivering to such purchaser all proper instruments of conveyance and transfer and releases as may be designated in any such request. Subject to the rights of Lessee, to the extent that they exist, every Every such sale of Mortgaged Property shall operate to divest all right, title, interest, claim and demand whatsoever of Borrower and any person claiming such interest by, through or under Borrower, the Mortgagor in and to the property so sold, and shall be a perpetual bar, both at law and in equity, against Borrower the Mortgagor and all such persons claiming the property sold, or any part thereof, through the Mortgagor and their respective its successors or assigns.

Delivery to Purchaser. Upon On the completion of any sale of any of the Mortgaged Property under this Article, the Borrower shall use its best efforts to deliver all of the property so sold to the purchaser or purchasers at such sale on the date of sale, or within a reasonable time thereafter if it shall be impractical to make immediate delivery, but in any event full title and right of possession to such property shall pass to such purchaser or purchasers forthwith upon on the completion of such sale. Nevertheless, if so requested by Lender the Mortgagee or by any purchaser, the Borrower shall confirm any such sale or transfer by executing and delivering to such purchaser all proper instruments of conveyance and transfer and releases as may be designated in any such request. Subject to the rights of Lessee, to the extent that they exist, every such Every sale of Mortgaged Property shall operate to divest all right, title, interest, claim and demand whatsoever of the Borrower and any person claiming such interest by, through or under Borrowerof, in and to the property so sold, and shall be a perpetual bar, both at law and in equity, against the Borrower, all persons claiming the property sold or any part thereof through the Borrower and all such persons and their respective its successors or assigns.

Delivery to Purchaser. Upon the completion of any sale of any of the Mortgaged Property under this Article, Borrower the Mortgagor shall deliver all of the property so sold to the purchaser or purchasers at such sale on the date of sale, or within a reasonable time thereafter if it shall be impractical to make immediate delivery, but in any event full title and right of possession to such property shall pass to such purchaser or purchasers forthwith upon the completion of such sale. Nevertheless, if so requested by Lender the Mortgagee or by any purchaser, Borrower the Mortgagor shall confirm any such sale or transfer by executing and delivering to such purchaser all proper instruments of conveyance and transfer and releases as may be designated in any such request. Subject to the rights of Lessee, to the extent that they exist, every Every such sale of Mortgaged Property shall operate to divest all right, title, interest, claim and demand whatsoever of Borrower the Mortgagor and any person claiming such interest by, through or under Borrowerthe Mortgagor, in and to the property so sold, and shall be a perpetual bar, both at law and in equity, against Borrower the Mortgagor and all such persons and their respective successors or assigns.

Delivery to Purchaser. Upon the completion of any sale of any of the Mortgaged Property under this Article, Borrower the Mortgagor shall deliver all of the property so sold to the purchaser or purchasers at such sale on the date of sale, or within a reasonable time thereafter if it shall be impractical to make immediate delivery, but in any event full title and right of possession to such property shall pass to such purchaser or purchasers forthwith upon the completion of such sale. Nevertheless, if so requested by Lender the Mortgagee or by any purchaser, Borrower the Mortgagor shall confirm any such sale or transfer by executing and delivering to such purchaser all proper instruments of conveyance and transfer and releases as may be designated in any such requestrequest and provided in execution form. Subject to the rights of Lessee, to the extent that they exist, every Every such sale of Mortgaged Property shall operate to divest all right, title, interest, claim and demand whatsoever of Borrower the Mortgagor and any person claiming such interest by, through or under Borrowerthe Mortgagor, in and to the property so sold, and shall be a perpetual bar, both at law and in equity, against Borrower the Mortgagor and all such persons and their respective successors or assigns.