Common use of Settlement and Closing Clause in Contracts

Settlement and Closing. Closing shall take place on or before March 31, 2021, or at such other date which Buyer and Seller shall agree in writing. "Settlement" shall occur only when all of the following have been completed: (a) Buyer and Seller have signed and delivered to each other or to a Title Company of their mutual agreement, (the "Closing Office"), all documents required by this Contract, by written escrow instructions or by applicable law; (b) any monies required to be paid by Buyer under these documents have been delivered by Buyer to Seller or to the Closing Office in the form of collected or cleared funds; (c) any monies required to be paid by Seller under these documents have been delivered by Seller to Buyer or to the Closing Office in the form of collected or cleared funds; and (d) all contingencies set forth in paragraph 7, below, have been satisfied. At Settlement Seller shall deliver to Buyer a duly executed and acknowledged Special Warranty Deed for the real property. The transaction will be considered "Closed" when Settlement has been completed, and when the applicable closing documents have been recorded in the office of the ▇▇▇▇▇ County Recorder. The transaction shall be Closed within four calendar days of Settlement.

Settlement and Closing. Closing shall take place on or before March 31, 2021, or at such other date which Buyer and Seller shall agree in writing. "Settlement" shall occur only when all of the following have been completed: (a) Buyer and Seller have signed and delivered to each other or to a Title Company of their mutual agreement, (the "Closing Office"), all documents required by this Contract, by written escrow instructions or by applicable law; (b) any monies required to be paid by Buyer under these documents have been delivered by Buyer to Seller or to the Closing Office in the form of collected or cleared funds; (c) any monies required to be paid by Seller under these documents have been delivered by Seller to Buyer or to the Closing Office in the form of collected or cleared funds; and (d) all contingencies set forth in paragraph 7, below, have been satisfied. At Settlement Seller shall deliver to Buyer a duly executed and acknowledged Special Warranty Deed for the real property. The transaction will be considered "Closed" when Settlement has been completed, and when the applicable closing documents have been recorded in the office of the ▇▇▇▇▇ Davis County Recorder. The transaction shall be Closed within four calendar days of Settlement.

Settlement and Closing. Closing shall take place on or before March 31, 2021, or at such other date which Buyer and Seller shall agree in writing. "“Settlement" ” shall occur only when all of the following have been completed: (a) a survey of the Property has been conducted in accordance with the provisions of paragraph one (1) above; (b) Buyer and Seller have signed and delivered to each other or to a ▇▇▇▇▇▇▇ Title Company of their mutual agreementCompany, (the "“Closing Office"”), all documents required by this Contract, by written escrow instructions or by applicable law; (bc) any monies required to be paid by Buyer under these documents have been delivered by Buyer to Seller or to the Closing Office in the form of collected or cleared funds; (cd) any monies required to be paid by Seller under these documents have been delivered by Seller to Buyer or to the Closing Office in the form of collected or cleared funds; and (de) all contingencies set forth in paragraph 7, below, have been satisfied. At Settlement Seller shall deliver to Buyer a duly executed and acknowledged Special Warranty Deed for the real property. The transaction will be considered "“Closed" ” when Settlement has been completed, and when the applicable closing documents have been recorded in the office of the ▇▇▇▇▇ County Recorder. The transaction shall be Closed within four calendar days of Settlement.