Vesting of Title. At Closing, Seller shall convey fee simple title to the Real Property to Buyer by execution and delivery of the Deed (as defined below). Issuance by the Title Company (or an unconditional commitment to issue) as of the Closing of the Buyer's Title Policy (as defined below) shall constitute evidence of delivery of title by Seller.
Appears in 6 contracts
Samples: Option Agreement (Macromedia Inc), Purchase and Sale Agreement (Bre Properties Inc /Md/), Purchase and Sale Agreement (Arena Pharmaceuticals Inc)
Vesting of Title. At Closing, Seller shall convey fee simple title to the Real Property Property, subject to the Permitted Exceptions, to Buyer by execution and delivery of the Deed (as defined below)Deed. Issuance by the Title Company Insurer (or an unconditional commitment to issue) as of the Closing to Buyer of the Buyer's Title Policy (as defined below) an owner’s policy of title insurance shall constitute evidence of delivery of title by Seller.
Appears in 1 contract
Samples: Agreement for Purchase and Sale of Real Property (Sipex Corp)
Vesting of Title. At Closing, Seller shall convey fee simple title to the Real Property to Buyer by execution and delivery of the Deed (as defined below). Issuance by the Title Company (or an unconditional commitment to issue) as of the Closing of the Buyer's Title Policy (as defined below) shall constitute evidence of delivery of title by Seller.
Appears in 1 contract
Vesting of Title. At Closing, Seller shall convey fee simple title to the Real Property to Buyer by execution and delivery of the Deed (as defined below). Issuance by the Title Company (or an unconditional commitment to issue) as of the Closing of the Buyer's ’s Title Policy (as defined below) shall constitute evidence of delivery of title by Seller.
Appears in 1 contract
Samples: Purchase and Sale Agreement (KBS Real Estate Investment Trust, Inc.)
