Common use of Delivery to Purchaser Clause in Contracts

Delivery to Purchaser. Upon the completion of any sale under this Section 4, the Mortgagor shall deliver or; cause to be delivered all of the property, sold to the purchaser or purchasers at such sale on the date of sale, or within a reasonable time thereafter if it shall be impractical to make immediate delivery, but in any event full title and right of possession to such property shall pass to such purchaser or purchasers forthwith upon the completion of such sale. Nevertheless, if so requested by the Mortgagee or by any purchaser, the Mortgagor shall confirm any such sale or transfer by executing and delivering to such purchaser all proper instruments of conveyance and transfer and releases as may be designated in any such request. Every such sale shall operate to divest all right, title, interest, claim and demand whatsoever of the Mortgagor in and to the property so sold, and shall be a perpetual bar, both at law and in equity, against the Mortgagor and all persons claiming the property sold, or any part thereof, through the Mortgagor and its successors or assigns.

Delivery to Purchaser. Upon the completion of any sale of any of the Mortgaged Property under this Section 4Article, the Mortgagor Borrower shall deliver or; cause to be delivered all of the property, property so sold to the purchaser or purchasers at such sale on the date of sale, or within a reasonable time thereafter if it shall be impractical to make immediate delivery, but in any event full title and right of possession to such property shall pass to such purchaser or purchasers forthwith upon the completion of such sale. Nevertheless, if so requested by the Mortgagee Lender or by any purchaser, the Mortgagor Borrower shall confirm any such sale or transfer by executing and delivering to such purchaser all proper instruments of conveyance and transfer and releases as may be designated in any such request. Every Subject to the rights of Lessee, to the extent that they exist, every such sale of Mortgaged Property shall operate to divest all right, title, interest, claim and demand whatsoever of the Mortgagor Borrower and any person claiming such interest by, through or under Borrower, in and to the property so sold, and shall be a perpetual bar, both at law and in equity, against the Mortgagor Borrower and all such persons claiming the property sold, or any part thereof, through the Mortgagor and its their respective successors or assigns.

Delivery to Purchaser. Upon the completion of any sale under this Section 4Article, the Mortgagor shall deliver or; cause to be delivered all of the property, property sold to the purchaser or purchasers at such sale on the date of sale, or within a reasonable time thereafter if it shall be impractical to make immediate delivery, but in any event full title and right of possession to such property shall pass to such purchaser or purchasers forthwith upon the completion of such sale. Nevertheless, if so requested by the Mortgagee or by any purchaser, the Mortgagor shall confirm any such sale or transfer by executing and delivering to such purchaser all proper instruments of conveyance and transfer and releases as may be designated in any such requestrequest and provided in execution form. Every such sale shall operate to divest all right, title, interest, claim and demand whatsoever of the Mortgagor and any person claiming such interest by, through or under the Mortgagor, in and to the property so sold, and shall be a perpetual bar, both at law and in equity, against the Mortgagor and all such persons claiming the property sold, or any part thereof, through the Mortgagor and its their respective successors or assigns.

Delivery to Purchaser. Upon the completion of any sale under this Section 4Article, the Mortgagor shall deliver or; cause to be delivered all of the property, property sold to the purchaser or purchasers at such sale on the date of sale, or within a reasonable time thereafter if it shall be impractical to make immediate delivery, but in any event full title and right of possession to such property shall pass to such purchaser or purchasers forthwith upon the completion of such sale. Nevertheless, if so requested by the Mortgagee or by any purchaser, the Mortgagor shall confirm any such sale or transfer by executing and delivering to such purchaser all proper instruments of conveyance and transfer and releases as may be designated in any such request. Every such sale shall operate to divest all right, title, interest, claim and demand whatsoever of the Mortgagor and any person claiming such interest by, through or under the Mortgagor, in and to the property so sold, and shall be a perpetual bar, both at law and in equity, against the Mortgagor and all such persons claiming the property sold, or any part thereof, through the Mortgagor and its their respective successors or assigns.

Delivery to Purchaser. Upon On the completion of any sale under this Section 4Article, the Mortgagor Borrower shall use its best efforts to deliver or; cause to be delivered all of the property, property sold to the purchaser or purchasers at such sale on the date of sale, or within a reasonable time thereafter if it shall be impractical to make immediate delivery, but in any event full title and right of possession to such property shall pass to such purchaser or purchasers forthwith upon on the completion of such sale. Nevertheless, if so requested by the Mortgagee or by any purchaser, the Mortgagor Borrower shall confirm any such sale or transfer by executing and delivering to such purchaser all proper instruments of conveyance and transfer and releases as may be designated in any such request. Every such sale shall operate to divest all right, title, interest, claim and demand whatsoever of the Mortgagor Borrower of, in and to the property so sold, and shall be a perpetual bar, both at law and in equity, against the Mortgagor and Borrower, all persons claiming the property sold, sold or any part thereof, thereof through the Mortgagor Borrower and its successors or assigns.