Common use of Possession of Property Clause in Contracts

Possession of Property. Possession of the Property free and clear of all uses and encroachments, except the Permitted Exceptions, shall be delivered to Purchaser at closing.

Appears in 18 contracts

Sources: Contract of Sale (Silverleaf Resorts Inc), Contract of Sale (Silverleaf Resorts Inc), Contract of Sale (Silverleaf Resorts Inc)

Possession of Property. Possession of the Property free and clear of all uses and encroachments, except the Permitted ExceptionsExceptions which shall include the rights of existing members, shall be delivered to Purchaser at closing.

Appears in 2 contracts

Sources: Contract of Sale (Silverleaf Resorts Inc), Contract of Sale (Silverleaf Resorts Inc)

Possession of Property. Possession of the Subject Property free and clear of all uses and encroachments, except the Permitted Exceptions, shall be delivered to Purchaser at closing.

Appears in 2 contracts

Sources: Contract of Sale (Silverleaf Resorts Inc), Contract of Sale (Silverleaf Resorts Inc)

Possession of Property. Possession of the Property free and clear of all uses and encroachments, except the Permitted Exceptions, shall be delivered to Purchaser at closingclosing free and clear of all liens and encumbrances, except the Permitted Exceptions and Seller's Lease.

Appears in 1 contract

Sources: Property Management & Real Estate (Teletech Holdings Inc)

Possession of Property. Possession of the Property shall be delivered to Purchaser at closing free and clear of all uses and encroachments, except the Permitted Exceptions, shall be delivered to Purchaser at closingExceptions and the Leases.

Appears in 1 contract

Sources: Purchase Agreement (Prentiss Properties Trust/Md)