Preclosing. Seller will have the right to require Buyer to preclose this sale by having all documents necessary for closing signed and deposited with Escrow before the time of closing. This "preclosing" may take place as early as thirty (30) or more days before the date on which Seller estimates a temporary or permanent "certificate of occupancy" covering the Unit will be issued, or if no "certificate of occupancy" will be issued, the "preclosing" may take place as early as thirty (30) or more days before the date on which Seller estimates a building or unit is complete enough to be occupied. A "certificate of occupancy" is a certificate which the Department of Planning and Permitting of the City and County of Honolulu (the “City”) issues when it feels a building or unit is complete enough to be occupied.
Preclosing. Before August 3, 2000, the Company and each of the ---------- Investors whose names are set forth on Schedule 1 shall deliver to Fenwick & ---------- West LLP, counsel for the Company ("Fenwick & West"), at Xxx Xxxx Xxxx Xxxxxx, Xxxx Xxxx, Xxxxxxxxxx 00000, a signature page to this Amendment and the Agreement and such documents and instruments and undated stock certificates representing the Shares to be purchased issued in the name of the Investors as shall be necessary to satisfy the following conditions to the Closing:
Preclosing. Not later than close of business of Escrow Agent on the Preclosing Deadline specified above: (i) Buyer and Seller shall have duly executed and delivered to each other or to the Escrow Agent all the documents required or contemplated by this Agreement, including closing certificates, and each receiving party shall have reviewed and approved the document; (ii) all documents necessary to accomplish any financing of the sale shall have been delivered and approved by the parties; (iii) Escrow Agent shall prepare and deliver to both parties a settlement statement indicating funds received or to be received and allocating such funds to payments to the parties, taxes, assessments, closing expenses, and both parties must approve the settlement statement; and (iv) Seller shall have delivered all documents or agreements reasonably required by the Escrow Agent to insure title to extent requested by Buyer, provided that no such document shall impose additional obligations or liability on Seller beyond the terms and conditions of this Agreement; (v) Escrow Agent shall be irrevocably committed to issue or cause to be issued the Title Policy; and (vi) the parties shall have inspected all documents presented to them and determined their suitability. At preclosing, the parties shall instruct the Escrow Agent whether or not to close the escrow. If preclosing is not accomplished, the foregoing actions shall be accomplished at closing.
Preclosing. Buyer and Seller agree to hold a pre-closing (delivering to their respective counsel all closing documents to which they are a party) on a mutually agreeable date no later than at least 3 business days prior to the scheduled KQQK Closing Date.
Preclosing. Seller may, at its option, preclose the sale of the Lot by having all documents and other items necessary for Closing executed and deposited with the Escrow Agent prior to the time of Closing, and as early as 30 or more days prior to the Closing Date. To accomplish this, any time after the Effective Date of this Agreement, and within 10 days after written notice to preclose is mailed or otherwise delivered to Buyer by Seller, Buyer's mortgagee or the Escrow Agent, Buyer agrees to complete all actions, deposit all funds (other than the final payment of the Total Purchase Price), and execute all documents required for Closing, including, without limitation, the Deed, all promissory notes, mortgages and other loan documents necessary for Buyer's financing of the purchase of the Lot, the conveyance tax certificate, any additional escrow instructions and a closing statement based on Seller's estimate of the date the sale will close. This Agreement shall constitute Seller's and Buyer's written grant of authority to the Escrow Agent to date all documents as of the Closing Date for the transfer of title and adjust the estimated prorations in accordance with the provisions of this Agreement. Buyer or Buyer's duly authorized officer or representative agrees to go to Escrow Agent's office on a date and at a time to be arranged with Escrow Agent for the preclosing.
Preclosing. Seller shall cause all Insurance shown on SCHEDULE 6.25 and other Financial Accommodations shown on SCHEDULE 8.6 hereto to remain in effect until the Closing Date. Upon the signing of this Agreement Seller and Buyer shall cooperate to arrange for the replacement of such Insurance and other Financial Accommodations as of the Closing Date without Seller being a party responsible thereunder; and, subject to the provisions of Section 8.6(e) hereof, upon Closing Buyer shall have assumed all Liability under Financial Accommodations and shall have caused Seller to be released from all such Financial Accommodations except for the Concession Guaranties subject to the terms of Section 8.6(e).
Preclosing. No escrows may close initially until Memberships comprised of at least _________ Points can close at the same time.
Preclosing. On a date no later than ten business days prior to the date on which the parties expect the Closing to occur, the parties shall hold a preclosing relating to the transactions contemplated by this Agreement (the "Preclosing"), at the offices of Xxxxxxx, Xxxxxx & Xxxxxxxxx, 000 Xxxxx Xxxxxx, Xxxxxx, Xxx Xxxxxxxxx 00000, or at such other time and place as the parties may agree. At the Preclosing, the parties shall review and agree upon the forms of all documents to be delivered at the Closing pursuant to Article 4 and Sections 9 and 10 of this Agreement, and shall execute a Preclosing Agreement in a form mutually acceptable to the parties to the effect that the specific conditions to Closing referenced therein have been satisfied or waived to the satisfaction of the parties, and that the only conditions remaining to be satisfied as of the Closing Date are those specifically referenced therein.
Preclosing. Seller will have the right to require Buyer to preclose this sale by having all documents necessary for closing signed and deposited with Escrow before the time of closing. This “preclosing” may take place as early as thirty (30) or more days before the date on which Seller estimates the unit will be complete enough to be available for Buyer’s build-out and internal improvements.
Preclosing. This sale shall be preclosed not less than two (2) business days and not more than ten (10) days prior to the Scheduled Closing Date. This means that all documents and funds necessary for Closing will be executed and delivered to Escrow before the Scheduled Closing Date as required for Escrow to timely submit documents to the Bureau for recordation and to avoid any possible delays in Closing. Seller, Project Broker or Escrow shall give Purchaser five (5) days prior written notice of the date of preclosing (the “Date of Preclosing”). Purchaser agrees that Purchaser shall, on or before the Date of Preclosing, make all payments required by Article III (other than Mortgage Loan proceeds which shall be due as provided in Section 3.2) and complete all actions and execute all documents required for Closing. This Agreement shall constitute Seller’s and Purchaser’s written authority to Escrow to date all documents as of the Closing Date, and adjust the estimated prorations in accordance with the provisions of this Agreement.
