Common use of Manner of Conveyance Clause in Contracts

Manner of Conveyance. At the closing of any purchase or other conveyance of the Leased Property pursuant to Section 11.02 of this Financing Lease, the Lender shall execute and deliver to the Town such releases, bills of sale and other necessary documents assigning, transferring and conveying the Leased Property, as it then exists, subject to the following: (a) Permitted Encumbrances, other than this Financing Lease; (b) all liens, encumbrances and restrictions created or suffered to exist by the Lender as required or permitted by this Financing Lease or arising as a result of any action taken or omitted to be taken by the Lender as required or permitted by this Financing Lease; and (c) any lien or encumbrance created by action of the Town.

Manner of Conveyance. At the closing of any purchase or other conveyance of the Leased Property pursuant to Section 11.02 of this Financing Lease, the Lender shall execute and deliver to the Town City such releases, bills of sale and other necessary documents assigning, transferring and conveying good and marketable title to the Leased Property, as it they then existsexist, subject to the following: (a) Permitted Encumbrances, other than this Financing Lease; (b) all liens, encumbrances and restrictions created or suffered to exist by the Lender as required or permitted by this Financing Lease or arising as a result of any action taken or omitted to be taken by the Lender as required or permitted by this Financing Lease; and (c) any lien or encumbrance created by action of the TownCity.

Manner of Conveyance. At the closing of any purchase or other conveyance of the Leased Property pursuant to Section 11.02 of this Financing Lease, the Lender shall execute and deliver to the Town City such releases, bills of sale and other necessary documents assigning, transferring and conveying good and marketable title to the Leased Property, as it they then existsexist, subject to the following: (a) Permitted Encumbrances, other than this Financing Lease; (b) all liens, encumbrances and restrictions created or suffered to exist by the Lender as required or permitted by this Financing Lease or arising as a result of any action taken or omitted to be taken by the Lender as required or permitted by this Financing Lease; and (c) any lien or encumbrance created by action of the TownLessees.

Manner of Conveyance. At the closing of any purchase or other conveyance of the Leased Property pursuant to Section 11.02 of this Financing Lease, the Lender City shall execute and deliver to the Town Authority such releases, bills of sale and other necessary documents assigning, transferring and conveying the Leased Property, as it then exists, subject to the following: (a) Permitted Encumbrances, other than this Financing Lease; (b) all liens, encumbrances and restrictions created or suffered to exist by the Lender City as required or permitted by this Financing Lease or arising as a result of any action taken or omitted to be taken by the Lender City as required or permitted by this Financing Lease; and (c) any lien or encumbrance created by action of the TownAuthority.