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Lakewood City Council, but in any event not later than <br />October 1, 1991, except that Buyer may extend the <br />closing date ~by payment ..of simple interest at the <br />prime rate at National City Dank on the purchase price <br />prorated to the date of clOsing. This Agreement shall <br />be considered as escrow instructions subject to the <br />Escrow Agent's standard conditions of acceptance which <br />shall be made a part hereof and incorporated herein by <br />reference. In the event of inconsistency between this <br />agreement and standard conditions of escrow this <br />agreement shall prevail. <br /> <br /> 6. TITLE TRANSFER, OCCUPANCY AND POSSESSION. <br /> <br /> a. Title Transfer. Title shall transfer <br /> <br />to Purchaser by the recOrding of the deed. <br /> <br /> b. Occupancy and Possession. Seller <br />shall deliver occupancy and possession of the Property <br />to Buyer upon transfer of title. ~ <br /> <br /> 7. SALES COMMISSIONS. Seller shall be <br />responsible for any and all sales commissions due any <br />individual or business entity as a consequence of this <br />transaction. The Seller agrees to indemnify, save and <br /> <br />hold harmless the Buyer <br />commissions of any sort. <br />broker or business entity <br /> <br />from any claims for sales <br /> Buyer represents that no <br /> of any sort has in any way <br /> <br />been active or instrumental in this transaction, and <br />that negotiations have been carried on between the <br />Seller, and the City of Lakewood without the <br /> <br /> <br />