Form of Conveyance. ARTICLE 5. Closing
Form of Conveyance. (a) The Premises shall be conveyed in fee simple absolute, subject to the Permitted Exceptions (hereinafter defined), by a good and sufficient special warranty deed (the "Deed") in substantially the form attached hereto as EXHIBIT D, running to Buyer or, subject to the provisions of Article 20 hereof, to Buyer or such assignee as Buyer designates by notice to Seller at least ten (10) business days prior to the Closing. The Deed shall convey title as existed at the end of the Title Review Period (as defined in Article 6(f)), subject only to the Permitted Exceptions. The Deed shall be in proper form for recording and shall be duly executed, acknowledged and delivered by Seller at the Closing, together with all necessary or applicable conveyance, gains and transfer tax forms and checks in payment of all conveyance, gains and transfer taxes.
Form of Conveyance. (a) The Premises shall be conveyed in fee simple absolute, by a good and sufficient quitclaim deed (the “Deed”), running to Buyer or to such nominee or, subject to the provisions of Article 19(b) hereto, to such assignee as Buyer designates by written notice to Seller. The Deed shall convey a good and clear record and marketable title to the Premises, insurable at standard rates, free from all liens, encumbrances and encroachments from or on the Property except (i) those not objected to by Buyer in accordance with Section 4(b) below and (ii) the Tenancies (collectively the “Permitted Exceptions”). Notwithstanding the foregoing, Seller shall be obligated to remove, at or prior to Closing the following items (and, notwithstanding anything to the contrary contained in this Agreement, in no event shall any such items constitute Permitted Exceptions): all mortgages, deeds of trust, security agreements, financing statements, and all other or similar encumbrance created by Seller or Seller’s predecessor in title which evidences or secures the payment of a stated indebtedness, (ii) all mechanic’s liens, security agreements, judgments and any other lien which can be satisfied by the payment of a liquidated sum, and (iii) all defects, objections and exceptions to title which is voluntarily recorded or otherwise placed or permitted to be placed by Seller against the property.
Form of Conveyance. To further evidence the conveyance of the ------------------ Assets that constitute the real property listed on Exhibit B, the Star Gas --------- Companies have executed and delivered to the Operating Partnership Deeds and certain other assignments of leases and conveyances, all of which are subject to this Agreement. To further evidence the conveyance of certain of the Assets that constitute the personal property, such as contracts and other agreements, the Star Gas Companies have executed and delivered to the Operating Partnership certain other assignments and instruments of transfer, all of which are subject to this Agreement.
Form of Conveyance. Seller agrees to convey marketable title to the property, subject to easements and restrictions of record, and subject to the lien of taxes not yet due and payable at time of closing, by warranty deed current Washtenaw County Bar Association form of land contract or . Seller will pay transfer tax when title passes.
Form of Conveyance. Title shall be conveyed by Statutory Warranty Deed free of encumbrances or defects except those otherwise noted herein. The Statutory Warranty Deed shall be prepared by Xxxx Xxxxxxxxx, Attorney at Law.
Form of Conveyance. (a) Notwithstanding anything contained in this Agreement to the contrary, if prior to the Closing Date AZIW makes the "Nominee Election", the "
Form of Conveyance. The parties acknowledge that the Property is to be conveyed in four separate parcels by Seller to assignees of Buyer, who shall be, in the instance of the parcels subject to Existing Loans for which the loan documents require that the owner be a separate and distinct single asset entity, to such an entity. For each parcel:
Form of Conveyance. Subject to performance by Buyer, Seller agrees to execute and deliver a deed of real property, bill xx sale of personal property and other transfer documents in form and substance consistent with the provisions hereof.
Form of Conveyance. 4 ARTICLE 5. Closing ..................................................................................4
