Common use of POSSESSION AND CLOSING Clause in Contracts

POSSESSION AND CLOSING. If BUYERS timely perform all obligations, closing and possession of the Property shall take place with SELLERS on November 2, 2020 or on completion of harvest, whichever occurs first. Any adjustments of rent, insurance, interest and all charges attributable to the SELLERS' possession shall be made as of the date of possession. Closing shall occur after the approval of title by BUYERS but prior to possession by BUYERS. This transaction shall be considered closed upon the delivery of the title transfer documents to BUYERS and receipt of all funds then due at closing from BUYERS under the Agreement.

Appears in 1 contract

Samples: cdn.steffesgroup.com

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POSSESSION AND CLOSING. If BUYERS Buyer timely perform performs all obligations, closing and possession of the Property shall take place with SELLERS on November 2, 2020 or on completion of harvest, whichever occurs first. Any adjustments of rent, insurance, interest and all charges attributable be delivered to the SELLERS' possession shall be made as of the date of possessionBuyer at closing. Closing shall occur on a mutually agreeable date no later than December 13, 2019, unless extended to a later date by the parties in writing, but in any event after the approval of title by BUYERS but prior Buyer and satisfaction or waiver of other contingencies. Buyer does not agree to take possession by BUYERS. This transaction shall be considered closed upon subject to the delivery rights of the title transfer documents to BUYERS and receipt of all funds then due at closing from BUYERS under the Agreementnon-owner occupants, if any, now in possession.

Appears in 1 contract

Samples: Real Estate Purchase Agreement

POSSESSION AND CLOSING. If BUYERS timely perform all obligations, closing and possession of the Property shall take place with SELLERS be delivered to Buyers on November 2or around August 1, 2020 or on completion of harvest, whichever occurs first. Any adjustments of rent, insurance, interest and all charges attributable to the SELLERS' possession shall be made as of the date of possession2022. Closing shall occur after the approval of title by BUYERS and vacation of the Property by XXXXXXX, but prior to possession by BUYERS. If possession is given on a day other than closing, the parties shall make a separate agreement with adjustments as of the date of possession. This transaction shall be considered closed upon the delivery of the title transfer documents to BUYERS and receipt of all funds then due at closing from BUYERS under the Agreement.

Appears in 1 contract

Samples: cdn.steffesgroup.com

POSSESSION AND CLOSING. If BUYERS timely perform all obligations, closing and possession of the Property shall take place with SELLERS be delivered to Buyers on or before November 29, 2020 or on completion of harvest2020, whichever occurs first. Any and any adjustments of rent, insurance, interest and all charges attributable to the SELLERS' possession shall be made as of the date of possession. Closing shall occur after the approval of title by BUYERS and vacation of the Property by XXXXXXX, but prior to possession by BUYERS. If possession is given on a day other than closing, the parties shall make a separate agreement with adjustments as of the date of possession. This transaction shall be considered closed upon the delivery of the title transfer documents to BUYERS and receipt of all funds then due at closing from BUYERS under the Agreement.closed:

Appears in 1 contract

Samples: www.sullivanauctioneers.com

POSSESSION AND CLOSING. If BUYERS timely perform all obligations, closing and possession of the Property shall take place with SELLERS be delivered to BUYERS on November 2Monday, 2020 or on completion of harvestMarch 29, whichever occurs first. Any 2021, and any adjustments of rent, insurance, interest and all charges attributable to the SELLERS' possession shall be made as of the date of possessionclosing. Closing shall occur after the approval of title by BUYERS and vacation of the Property by SELLERS, but prior to possession by BUYERS. This transaction shall be considered closed upon the delivery filing of the title transfer documents to BUYERS and receipt of all funds then due at closing from BUYERS under the this Agreement.

Appears in 1 contract

Samples: Real Estate Purchase Agreement

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POSSESSION AND CLOSING. If BUYERS timely perform all obligations, closing Closing shall take place, and possession of the Property shall take place with SELLERS on November 2be delivered to BUYERS, 2020 or on as soon as possible after completion of harvestBUYERS’ title examination, whichever occurs first. Any adjustments of renton a date mutually agreed upon by the parties, insurancebut in any case not later than August 15, interest and all charges attributable to the SELLERS' possession shall be made as of the date of possession. Closing shall occur after the approval of title by BUYERS but prior to possession by BUYERS2022. This transaction shall be considered closed upon the delivery of the title transfer documents to BUYERS and receipt of all funds then due at closing from BUYERS under the Agreement.

Appears in 1 contract

Samples: cdn.steffesgroup.com

POSSESSION AND CLOSING. If BUYERS BUYER timely perform performs all obligations, closing and possession of the Property shall take place with SELLERS be delivered to BUYER on November 2the date of closing, 2020 or on completion of harvest, whichever occurs first. Any and any adjustments of rent, insurance, interest interest, and all charges attributable to the SELLERS' SELLER’S possession shall be made as of the date of possession. Closing shall occur after the approval of title by BUYERS but prior to possession by BUYERSclosing. This transaction shall be considered closed closed, and BUYER shall take possession, upon the delivery filing of the title transfer documents to BUYERS and receipt of all funds then due at closing from BUYERS BUYER under this Agreement. Closing shall be held on such date as the Agreementparties may mutually agree, but not later than June 30, 2023.

Appears in 1 contract

Samples: Real Estate Purchase Agreement

POSSESSION AND CLOSING. If BUYERS BUYER timely perform performs all obligations, closing and possession of the Property shall take place with SELLERS be delivered to BUYER on November 2the date of closing, 2020 or on completion of harvest, whichever occurs first. Any and any adjustments of rent, insurance, interest interest, and all charges attributable to the SELLERS' SELLER’S possession shall be made as of the date of possession. Closing shall occur after the approval of title by BUYERS but prior to possession by BUYERSclosing. This transaction shall be considered closed closed, and BUYER shall take possession, upon the delivery filing of the title transfer documents to BUYERS and receipt of all funds then due at closing from BUYERS BUYER under this Agreement. Closing shall be held on such date as the Agreement.parties may mutually agree, but not earlier than May 1, 2023, nor later than July 1, 2023.‌‌‌

Appears in 1 contract

Samples: Real Estate Purchase Agreement

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