Title Conveyance Sample Clauses
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Title Conveyance. If for any reason, the Loudoun County School Board conveys title to any other entity during the term of this agreement, then the School Board shall not be required to perform services here under and shall refund a pro-rated amount of the monthly payment for the remaining period.
Title Conveyance. Seller shall convey title to the Buyer by Warranty Deed, without General Warranty covenants.
Title Conveyance. Seller shall convey title to the Buyer by Special or Limited Warranty Deed, as appropriated for the jurisdiction where the property is located and without General Warranty covenants.
Title Conveyance. For good and valuable consideration, Transferor hereby transfers, grants, and conveys to PG&E, its successors and assigns, all of Transferor’s rights, title, and interest in and to its Facilities, together with all necessary land and property rights for PG&E to own, operate and maintain the Facilities.
Title Conveyance. Seller agrees to allow Purchaser to make substantial principal reductions, in addition to the quarterly installments required under Paragraph (C) hereinabove, on the note secured by the deed of trust in favor of seller, without prepayment penalties, and Seller shall reconvey to Purchaser the following parcels, which parcels are shown on Exhibit "C", attached hereto, and by this reference incorporated herein, upon the following principal reductions:
a. Upon an additional principal reduction on the note in the amount of Two Hundred Fifty Thousand and No/100 Dollars ($250,000.00), and the Purchaser obtaining a proper legal description (hereinafter "Legal Description"), of the approximate 79.38 acre tract of land where the mobile home park is currently situated. Seller shall execute a reconveyance for said portion back to Purchaser and discount the note accordingly.
b. Upon a further additional principal reduction on the note in the amount of Two Hundred Fifty Thousand and No/100 Dollars ($250,000.00) and the Purchaser obtaining a legal description of the 80.37 acre residential tract, the 47.43 acre tract zoned C-2, and the 5.05 acre tract zoned light industrial, all as shown on Exhibit "C", and the 222.98 acre tract with open zoning. Seller shall execute a reconveyance for those portions back to Purchaser and discount the note accordingly.
c. Upon a further additional principal reduction on the note in the amount of One Hundred Fifty Thousand and No/100 Dollars ($150,000.00) and the Purchaser obtaining a legal description of the tract of 226.42 acres west of ▇▇▇▇▇ ▇▇▇▇ ▇▇▇ and north of I-80, Seller shall execute a reconveyance for that portion of the subject property back to Purchaser and discount the payments under the note accordingly.
d. Upon a further additional principal reduction on the note in the amount of Two Hundred Fifty Thousand and No/100 Dollars ($250,000.00), or such other amount as may be required at such time to pay in full all principal and interest then owing on the note, and the Purchaser obtaining a legal description for the remaining tract of approximately 397.24 acres of raw land South of I-80, Seller shall execute a reconveyance for that last portion of the subject property back to Purchaser and return to Purchaser all the original loan documents and trust deeds recorded on the property.
e. At closing, Seller shall convey to Purchase free of the said deed of trust, title to approximately 51.24 acres as more fully described as the "exce...
Title Conveyance. (a) At Closing, Seller’s title to the Property shall be good and marketable.
(b) Title to the Property shall be good and marketable as defined in the Ohio Marketable Title Act.
(c) Conveyance of title hereunder shall include all of Seller’s right, title and interest in easements, agreements and other appurtenances benefiting the Property.
(d) At or prior to Closing, Seller shall pay and discharge all Monetary Liens.
Title Conveyance. Title of Seller is to be conveyed by warranty deed and is to be marketable and insurable except for rights reserved in federal patents, building or use restrictions, building and zoning regulations and ordinances of any governmental unit, rights of way and easements established or of record and any other liens, encumbrances or defects approved by Buyer.
Title Conveyance. Title to the Claims shall be conveyed to Buyer by a Quit Claim Deed duly executed, acknowledged and otherwise in proper form for recording, substantially in the form attached here to as Exhibit B. (the “Deed”).
Title Conveyance. The Mortgagee is hereby appointed attorney-in-fact of the Shipowner upon the happening and continuance of any Event of Default to execute and deliver to any purchaser aforesaid, and is hereby vested with full power and authority to make, in the name and on behalf of the Shipowner, a good conveyance of the title to the Vessel so sold. In the event of a sale of the Vessel under any power herein contained, the Shipowner will, if and when required by the Mortgagee, execute such form of conveyance of the Vessel and other related documents, as the Mortgagee may direct or approve. The powers and authority granted to the Mortgagee herein have been given for a valuable consideration and are hereby declared to be irrevocable.
Title Conveyance
