General Conveyances definition
Examples of General Conveyances in a sentence
Vendor shall execute and deliver to Purchaser and Purchaser shall prepare, execute and deliver to Vendor on the Closing Date, a General Conveyances of the Purchased Assets in the form acceptable to the Purchaser's solicitors, in registrable form to the extent applicable, respecting the Purchased Assets, as may be reasonably required by the Purchaser, to complete the transfer of the Purchased Assets.
Upon execution and delivery by Seller of the General Conveyances, TMOC will receive good and marketable title to the Tergas Option free and clear of all Liens and other Adverse Claims.
Upon Seller's and Buyer's execution and delivery of this Agreement, the Assumption Agreement, and the General Conveyances, Buyer will own good and marketable title to all of the Assets, free and clear of all mortgages, liens, pledges, charges, claims, leases, restrictions or encumbrances of any nature whatsoever.
The Company shall reimburse the Members (including the Managing Member) and each Authorized Person, from time-to-time, for reasonable and documented out-of-pocket expenses incurred and paid by any of them in the conduct of the Company’s business.
Purchaser shall bear all costs incurred in recording the General Conveyances and any Specific Conveyances and recording any further assurances required to convey the Assets to Purchaser.
Vendor shall cause Atlas Africa to execute and deliver to Purchaser and Purchaser shall prepare, execute and deliver to Vendor on or before the Second Closing Date, General Conveyances of the Morogoro Licence and KM 7 Licence in the form acceptable to the Purchaser's solicitors, in registrable form to the extent applicable, respecting the Morogoro Licence and KM 7 Licence, as may be reasonably required by the Purchaser, to complete the transfer of the Morogoro Licence and KM 7 Licence.