Common use of Procedure upon Purchase Clause in Contracts

Procedure upon Purchase. a) If Lessee shall purchase the Premises pursuant to Section 6.02 of this lease, Lessor shall convey or cause to be conveyed title thereto by special warranty deed, and subject only to this Lease, the lien of any taxes, exceptions subject to which the Premises were conveyed to Lessor, exceptions created or consented to or existing by reason of any action or inaction by Lessee and all Legal Requirements, except Lessor shall satisfy any mortgage imposed on the Premises by Lessor.

Procedure upon Purchase. (a) If Lessee shall purchase the Premises pursuant to Section 6.01(d) or Section 6.02 of this leaseLease, Lessor shall convey or cause to be conveyed title thereto by special warranty deed, free of any mortgage imposed by Lessor and subject only to this Lease, the lien of any taxes, exceptions subject to which the Premises were conveyed to Lessor, exceptions created or consented to or existing by reason of any action or inaction by Lessee and all Legal Requirements, except Lessor shall satisfy any mortgage imposed on the Premises by Lessor.

Procedure upon Purchase. (a) If Lessee shall purchase the Premises pursuant to Section 6.02 of this leaseLease, Lessor shall convey or cause to be conveyed title thereto by special warranty deed, and subject only to this Lease, the lien of any taxes, exceptions subject to which the Premises were conveyed to Lessor, exceptions created or consented to or existing by reason of any action or inaction by Lessee and all Legal Requirements, except Lessor shall satisfy any mortgage or deed of trust imposed on the Premises by Lessor.

Procedure upon Purchase. (a) If Lessee shall purchase the Premises pursuant to Section 6.02 of this leaseLease, Lessor shall convey or cause to be conveyed title thereto by special warranty deed, and subject only to this Lease, the lien of any taxes, exceptions subject to which the Premises were conveyed to Lessor, exceptions created or consented to or existing by reason of any action or inaction by Lessee and all Legal Requirements, except Lessor shall satisfy any mortgage imposed on the Premises by Lessor.

Procedure upon Purchase. (a) If Lessee shall purchase the Premises pursuant to Section 6.02 of this leaseLease, Lessor shall convey or cause to be conveyed title thereto by special warranty deed, and subject only to this Lease, the lien of any taxes, exceptions subject to which the Premises were conveyed to LessorPermitted Exceptions, exceptions created or consented to or existing by reason of any action or inaction by Lessee and all Legal Requirements. Without limiting the foregoing, except Lessor shall satisfy any mortgage imposed on the Premises by Lessor.