Seller’s Obligation to Remove Liens Sample Clauses

Seller’s Obligation to Remove Liens. Notwithstanding Purchaser’s delivery of a Waiver Notice, or anything else to the contrary in this Contract, Seller must remove at or prior to the Closing any mortgages and mechanics and materialmen liens created, suffered or incurred by, through or under Seller against the Property.
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Seller’s Obligation to Remove Liens. Seller must remove at or prior to the Closing any mortgages, deeds of trust, judgment liens, mechanics and materialmens’ liens and any similar liens (excluding, for example, municipal liens for improvements that are payable in annual installments) against the Seller’s interest in the Improvements or the Ground Lease.
Sample 1
Seller’s Obligation to Remove Liens. Notwithstanding anything to the contrary in this Contract, Seller must remove at or prior to the Closing any mortgages, deeds of trust, notices of commencement, mechanics and materialman's liens created, suffered or incurred against the Property by Seller, and Seller's failure or refusal to remove same at or prior to Closing shall be a default under this Contract; provided, however, Seller shall not be in default under this Contract in the event Seller furnishes the Title Company with such bonds, indemnities or other assurances sufficient to cause the Title Company to issue the Owner Policy to Purchaser without exception to any such liens.
Sample 1
Seller’s Obligation to Remove Liens. Notwithstanding anything to the contrary in this Agreement, Seller must remove or cause to be removed at or prior to the Closing any and all monetary liens and encumbrances of any nature (except for the Permitted Exceptions and those monetary encumbrances which may be approved in writing by Purchasers) created, suffered or incurred by, through or under Seller or the LD Parties against the Property, Seller or the LD Parties, including mortgages and mechanics’ and materialmen’s liens.
Sample 1
Seller’s Obligation to Remove Liens. Notwithstanding anything to the contrary in this Agreement, Seller must remove or cause to be removed at or prior to the Closing any and all monetary liens and encumbrances (except for the Permitted Exceptions and those monetary encumbrances, if any, that may be approved in writing by Purchaser) created, or incurred by, through or under Seller against the Property or Seller including mortgages and mechanics’ and materialmen’s liens, unless the same cannot be removed, through no fault of Seller. In such event, the Parties shall work with the Title Company to cause the same to be insured to Purchaser’s satisfaction.
Sample 1

Related to Seller’s Obligation to Remove Liens

  • Seller's Obligation The obligation of Seller to sell and deliver the Shares to Buyer is subject to the satisfaction (or waiver by Seller) as of the Closing of the following conditions:

  • Conditions to Seller’s Obligation to Close The obligation of the Seller to convey the Property to the Purchaser is subject to the satisfaction of the following conditions precedent on and as of the Closing Date:

  • Conditions to Seller’s Obligation Seller's obligation to consummate the transactions to be performed by it in connection with the Closing is subject to satisfaction of the following conditions:

  • Conditions to the Seller’s Obligations The obligations of the Seller to consummate the transactions contemplated by this Agreement are subject to the satisfaction at or prior to the Closing (and shall remain satisfied at and as of the Closing) of the following additional conditions, any of which may be waived by the Seller in its sole discretion, in whole or in part:

  • CONDITIONS PRECEDENT TO THE BUYER’S OBLIGATION TO PURCHASE The obligation of the Buyer hereunder to purchase the Note at the Closing is subject to the satisfaction, at or before the Closing Date of each of the following conditions, provided that these conditions are for the Buyer’s sole benefit and may be waived by the Buyer at any time in its sole discretion:

  • Seller’s Obligations At the Closing, Seller shall deliver to Purchaser the following:

  • Conditions Precedent to Seller’s Obligations The obligations of Seller to effect the Closing of the transactions contemplated hereby are subject to the fulfillment, prior to or at the Closing, of each of the following conditions, any of which may be waived in writing by Seller:

  • CONDITIONS PRECEDENT TO SELLER'S OBLIGATION TO CLOSE Sellers' obligation to sell the Shares and to take the other actions required to be taken by Sellers at the Closing is subject to the satisfaction, at or prior to the Closing, of each of the following conditions (any of which may be waived by Sellers, in whole or in part):

  • Conditions Precedent to the Seller’s Obligations The obligations of the Seller under this Agreement are subject to the satisfaction, on or prior to the Closing, of the following conditions, all or any of which may be waived in writing by the Seller:

  • Conditions to Seller’s Obligations Seller’s obligation to consummate the transactions contemplated by this Agreement are subject to the fulfillment (or written waiver by Seller), prior to or at the Closing, of all of the following conditions:

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