Common use of Transfer of Title and Delivery Clause in Contracts

Transfer of Title and Delivery. At the Closings (as hereinafter defined), Seller shall convey the Assets to Buyer by delivery of one or more Bills of Sale in the form set forth in Exhibit E attached hereto and made a part hereof (collectively, the "Xxxx of Sale") and, as applicable, shall convey the Easements to Buyer by delivery of two Assignment of Easement Agreements and Grant of Easements documents in the form set forth in Exhibit D attached hereto and made a part hereof (the “Easement Agreements”) or shall convey the Property to Buyer by delivery of a warranty deed with covenants against Grantor’s Acts containing the covenant required by Section 13 of the New York Lien Law (the “Deed”), executed and acknowledged by Seller and in proper statutory form for recording, sufficient to convey the Property to Buyer, subject to and in accordance with the provisions of this Agreement. Upon execution and delivery of the Deed, applicable Easement Agreements and/or Xxxx of Sale, and Seller’s receipt of the Purchase Price at each Closing, (i) title to the applicable Assets shall vest in Buyer as contemplated in this Agreement and the applicable Xxxx of Sale, (ii) title to the Property shall vest in Buyer as contemplated in this Agreement and the Deed, (iii), rights to the applicable Easement Areas shall vest in Buyer as contemplated in this Agreement and the Easement Agreements, and (iv) the Assets shall be delivered in situ.

Transfer of Title and Delivery. At the Closings (as hereinafter defined), Seller shall convey the Assets to Buyer by delivery of one or more Bills of Sale in the form set forth in Exhibit E attached hereto and made a part hereof (collectively, the "Xxxx Bill of Sale") and, as applicable, shall convey the Easements to Buyer by delivery of two Assignment of Easement Agreements and Grant of Easements documents in the form set forth in Exhibit D attached hereto and made a part hereof (the “Easement Agreements”) or shall convey the Property to Buyer by delivery of a warranty deed with covenants against Grantor’s Acts containing the covenant required by Section 13 of the New York Lien Law (the “Deed”), executed and acknowledged by Seller and in proper statutory form for recording, sufficient to convey the Property to Buyer, subject to and in accordance with the provisions of this Agreement. Upon execution and delivery of the Deed, applicable Easement Agreements and/or Xxxx Bill of Sale, and Seller’s receipt of the Purchase Price at each Closing, (i) title to the applicable Assets shall vest in Buyer as contemplated in this Agreement and the applicable Xxxx Bill of Sale, (ii) title to the Property shall vest in Buyer as contemplated in this Agreement and the Deed, (iii), rights to the applicable Easement Areas shall vest in Buyer as contemplated in this Agreement and the Easement Agreements, and (iv) the Assets shall be delivered in situ.