Common use of Developer’s Documents Clause in Contracts

Developer’s Documents. At the Closing, the Developer shall execute, where appropriate, and deliver all of the following “Developer’s Documents”: (a) A limited warranty deed, conveying marketable title to the Sale Property to the EDA subject to all easements, restrictions, reservations and other matters of record (the “Sale Property Permitted Encumbrances”) except as provided in Section 3.6, properly executed on behalf of the Developer, together with any other documents reasonably required to be delivered by the EDA. (b) Abstracts of title, if any, in the Developer’s possession to any portion of the Sale Property which is abstract property, and any owner’s duplicate certificate of title to any portion thereof which is registered property. (c) An affidavit of Developer regarding liens, judgments, tax liens, bankruptcies, parties in possession, survey and mechanics’ or materialmen’s liens and other matters affecting title to the Sale Property and/or as may be reasonably required by Title Company to delete the so-called “standard exceptions” from the title insurance policy.