Closing Terms. This Section 20.06 sets forth and will govern the procedures, terms and conditions pursuant to which a Member selling its Membership Interest (the "Selling Member") will be transferred to a Member purchasing the Selling Member's Membership Interest (the "Purchasing Member") pursuant to Section 20.03.
Closing Terms. (a) If Riverwood provides a Specified Notice of Election to purchase any Specified Acreage pursuant to Section 6.5 and the related Specified Transfer Notice was accompanied by a definitive Contract that had been executed and delivered by Plum Creek and the applicable Specified Entity, Riverwood and Plum Creek shall close such purchase in substantial accordance with the material economic terms of such Contract, subject to Sections 6.5(c) and 6.6.
Closing Terms. AND CONDITIONS The transaction shall be deemed to be effective only upon payment of the $75,000 as described in Payment terms and Conditions below. Closing will be deemed to have occurred upon receipt of this first payment.
Closing Terms. 8.1 It is the intention of the Agency that the terms and conditions are made available to the Client by copy or are available on the website. It is the Client's responsibility to obtain and to have read and understood the terms and conditions of the Agency.
Closing Terms. 8.1 It is the intention of Alleyns that the terms and conditions are made available to the client by copy or have available on the website. It is the client’s responsibility to obtain and to have read and understood the terms and conditions
Closing Terms. 33 19.6. MEMORANDA OF RIGHTS; TRANSFEREES TO ASSUME FIBER SUPPLY AGREEMENT . . . . . . . . . . . .33 19.7. RELEASES OF RIGHTS . . . . . . . . . .34 19.8. SURVIVAL . . . . . . . . . . . . . . .34
Closing Terms. The following terms and conditions shall apply to the consummation of any purchase by Seller of any Notice Acreage pursuant to an exercise of any First Offer Right in respect thereof in accordance with Section 19.4: (a) Seller shall pay one-half, and Purchaser shall pay one-half, of all transfer, excise or similar taxes on the deed or deeds given by Purchaser or SDW Timber II. Seller shall pay the recording fees for all documents to be recorded and all costs of examining and insuring title. Each party shall pay its own attorneys' fees. There shall be a proration of any applicable ad valorem taxes. Each party shall pay all other expenses of the transaction incurred by it, including all brokers' commissions;
Closing Terms. If Tenant elects to exercise its option to purchase the Offered Interest in accordance the foregoing, then within ten (10) business days following the date of Tenant’s notice to Landlord evidencing such election, Tenant shall open an escrow with the escrow company and officer of Tenant’s choice. Tenant’s purchase of the Offered Interest shall be on the following terms and conditions, and the escrow holder shall be instructed as follows:
Closing Terms. If Tenant shall purchase Landlord's interest in the Premises pursuant to this Section 23 (or pursuant to any other provision of this Lease providing for purchase of Landlord's interest by Tenant), Landlord shall convey or cause to be conveyed title thereto, the state of which shall be as good as the state of title which existed in Landlord on the date on which the Term of this Lease commenced (subject to any divestment of Landlord's title if the purchase occurs following any Taking, or subject to the Material Title Defect if the purchase follows the occurrence thereof), and Tenant or its designee shall accept such title, subject, however, to (i) the condition of the Premises on the date of purchase, (ii) all charges, liens, security interests and encumbrances on the Premises and (iii) all applicable Legal Requirements, but free of the lien of any Mortgage and any charges, liens, security interests and encumbrances arising after the date on which the Term commenced resulting from acts of Landlord taken without the consent of Tenant. Upon the date fixed for purchase, Tenant shall, by wire transfer of immediately available funds, pay to Landlord, or as Landlord shall have directed, the purchase price applicable for such purchase together with all Minimum Rent, Additional Rent owing to Landlord and other sums then due and payable hereunder to and including such date of purchase, and there shall be delivered to Tenant a deed to or other conveyance of Landlord's interests in the Premises being sold to Tenant and any other instruments necessary to convey the title thereto, and to assign any other property then required to be assigned by Landlord pursuant to this Lease. Tenant shall pay all charges incident to such conveyance and assignment, including, without limitation, reasonable counsel fees, escrow fees, recording fees, title insurance premiums and all applicable Taxes (other than any income or franchise taxes of Landlord) which may be imposed by reason of or in connection with such conveyance and assignment and the delivery of said deed or conveyance and other instruments. Upon the completion of any purchase but not prior thereto (whether or not any delay or failure in the completion of such purchase shall be the fault of Landlord), this Lease shall terminate, except with respect to obligations and liabilities of Tenant hereunder, actual or contingent, which have arisen on or prior to such completion of purchase.
Closing Terms no later than 30 days after execution the purchase agreement.
