Owned Real Property Filings Sample Clauses

Owned Real Property Filings. On the Closing Date, Purchaser shall file or record, or cause to be filed or recorded, any and all documents necessary in order that the legal and equitable title to Owned Real Property (and to each parcel of Leased Real Property with respect to which Purchaser shall choose to acquire Title Policies) shall be duly vested in Purchaser. The Title Insurance and all escrow closing costs shall be borne equally by Purchaser and Seller.
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Owned Real Property Filings. On or prior to the Closing Date, Seller shall file or record, or cause to be filed or recorded, any and all documents (including, without limitation, deeds) necessary in order that the legal and equitable title to Owned Real Property shall be duly vested in Purchaser as of the Closing Date. Any expenses or documentary transfer taxes with respect to such filings shall be borne by Seller or Purchaser in accordance with the escrow agent's determination of the local custom in the county in which the filing is being made; provided, however, that if it is determined that (i) the custom is to split such expenses or documentary transfer taxes or (ii) there is no discernible custom, any such expenses or documentary transfer taxes shall be split evenly between Seller and Purchaser.
Sample 1Sample 2Sample 3
Owned Real Property Filings. On the Closing Date, Purchaser shall file or record, or cause to be filed or recorded, any and all documents necessary in order that the legal and equitable title to the Owned Real Property shall be duly vested in Purchaser. The Title Insurance cost shall be borne by Purchaser. Local and State realty transfer taxes for the Owned Real Property shall be borne equally by the Seller and Purchaser. Real Estate Taxes and municipal charges for the Owned Real Property shall be prorated effective on the Closing Date.
Sample 1
Owned Real Property Filings. On or prior to the Closing Date, Seller shall file or record, or cause to be filed or recorded, any and all documents (including, without limitation, deeds) necessary in order that the legal and equitable title to Owned Real Property shall be duly vested in Purchaser as of the Closing Date. Any expenses or documentary transfer taxes with respect to such filings shall be borne by Seller or Purchaser in accordance with the escrow agent's determination of the local custom in the county in which the filing is being made; PROVIDED, HOWEVER, that if it is determined that (i) the custom is to split such expenses or documentary transfer taxes or (ii) there is no discernible custom, any such expenses or documentary transfer taxes shall be split evenly between Seller and Purchaser.
Sample 1
Owned Real Property Filings. On the Closing Date (or as soon as is practical thereafter with respect to any Owned Real Property that the provisions of this Section 3.8 are not completed on the Closing Date), Seller and Purchaser shall cause the Title Insurer to file or record, or cause to be filed or recorded, any and all documents necessary in order to vest in Purchaser legal and equitable title to the Owned Real Property free and clear of all Encumbrances other than Permitted Encumbrances. The Title Insurance and all escrow closing costs shall be borne equally by Purchaser and Seller.
Sample 1
Owned Real Property Filings. On the Closing Date (or as soon as is practical thereafter with respect to any Owned Real Property that the provisions of this Section 4.8 are not completed on the Closing Date), Seller and Purchaser shall cause the Title Insurer to file or record, or cause to be filed or recorded, any and all documents necessary in order to vest in Purchaser legal and equitable title to the Owned Real Property (and to each parcel of Leased Real Property used for the Branches identified as ground leased on Exhibit 1.1(b) with respect to which Purchaser shall choose to acquire Title Policies) free and clear of all Encumbrances other than Permitted Encumbrances. The Title Insurance and all escrow closing costs shall be borne equally by Seller and Purchaser.
Sample 1
Owned Real Property Filings. On the Closing Date, Purchaser shall file or record, or cause to be filed or recorded, any and all documents necessary in order (or shall otherwise provide the Title Company with any and all documents necessary for the Title Insurer to confirm) that the legal and equitable title to Owned Real Property (and to each parcel of Leased Real Property with respect to which Purchaser shall choose to acquire Title Policies) shall be duly vested in Purchaser. In accordance with Section 8.3, Seller and Purchaser shall be equally responsible for the payment of any property excise tax with respect to any Owned Real Property in California. The Title Insurance and all escrow closing costs shall be borne equally by Purchaser and Seller.
Sample 1
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Related to Owned Real Property Filings

  • Owned Real Property The Company does not own any real property.

  • Owned Properties The Company does not own any real property.

  • Real Property Matters The Company does not own any real property as of the date hereof and has not owned any real property during the three years preceding the date hereof.

  • Real Property; Fixtures Each Grantor covenants and agrees that upon the acquisition of any fee interest in Real Property having a fair market value in excess of $1,000,000 it will promptly (and in any event within two (2) Business Days of acquisition) notify Agent of the acquisition of such Real Property and will grant to Agent, for the benefit of the Lender Group and the Bank Product Providers, a first priority Mortgage on each fee interest in Real Property now or hereafter owned by such Grantor and shall deliver such other documentation and opinions, in form and substance satisfactory to Agent, in connection with the grant of such Mortgage as Agent shall request in its Permitted Discretion, including title insurance policies, financing statements, fixture filings and environmental audits and such Grantor shall pay all recording costs, intangible taxes and other fees and costs (including reasonable attorneys fees and expenses) incurred in connection therewith. Each Grantor acknowledges and agrees that, to the extent permitted by applicable law, all of the Collateral shall remain personal property regardless of the manner of its attachment or affixation to real property;

  • Real Property (a) Neither the Company nor any of its Subsidiaries owns any real property.

  • Owned Property We do not cover property damage to property owned by any insured or any other resident of any insured's household. This includes expenses and costs incurred by any insured or others to repair, replace, restore or maintain such property to prevent injury to a person or damage to property of others, whether on or away from an insured location.

  • Real Properties The Company does not have an interest in any real property, except for the Leases (as defined below).

  • Real Property Interests Except for leasehold interests disclosed on Schedule 3.20, and except for the ownership or other interests set forth on Schedule 3.20, no Credit Party has, as of the Closing Date, any ownership, leasehold or other interest in real property. Schedule 3.20 sets forth, with respect to each parcel of real estate owned by any Credit Party as of the Closing Date, the address and legal description of such parcel.

  • Real Property; Leasehold Neither the Company nor any of its Subsidiaries owns or has ever owned any real property. The Company has made available to Parent (a) an accurate and complete list of all real properties with respect to which the Company directly or indirectly holds a valid leasehold interest as well as any other real estate that is in the possession of or leased by the Company or any of its Subsidiaries, and (b) copies of all leases under which any such real property is possessed (the “Company Real Estate Leases”), each of which is in full force and effect, with no existing material default thereunder. The Company’s use and operation of each such leased property conforms to all applicable Laws in all material respects, and the Company has exclusive possession of each such leased property and has not granted any occupancy rights to tenants or licensees with respect to such leased property. In addition, each such leased property is free and clear of all Encumbrances other than Permitted Encumbrances. The Company has not received written notice from its landlords or any Governmental Body that: (i) relates to violations of building, zoning, safety or fire ordinances or regulations; (ii) claims any defect or deficiency with respect to any of such properties; or (iii) requests the performance of any repairs, alterations or other work to such properties.

  • Real Property Leases Section 2.12 of the Disclosure Schedule lists all Leases and lists the term of such Lease, any extension and expansion options, and the rent payable thereunder. The Company has delivered to the Buyer complete and accurate copies of the Leases. With respect to each Lease:

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