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after the closing date, the $5, 000 previously paid by Buyer. <br /> VI. <br /> CLOSING: <br /> Closing shall be jointly agreed upon by the parties and <br /> shall occur as soon as can be arranged, but within 00 days <br /> after all necessary approvals for the sale of the property <br /> have been received. • Sellers obligations hereunder are <br /> subject to approval by the United States Bankruptcy Court for <br /> the District of Colorado in Seller's Bankruptcy case, case <br /> No. 92-11658 PAC pending in the Court and dlso subject to <br /> approval by the Mine Land Reclamation Division of the State <br /> of Colorado and by Office of Surface Mining. <br /> vii. <br /> TITLE TO PROPERTY: <br /> At closing, Seller shall deliver title to the property <br /> free and clear of any and all liens, encumbrances, security <br /> agreements, hypothecations, financing statements, of any kind <br /> or character in the form of a bill of sale prepared in <br /> accordance with the provisions of Colorado law, a copy of <br /> which is attached hereto and incorporated herein by reference <br /> as a part of this Agreement. Title to the property shall <br /> pass to Buyer at closing. <br /> VIII. <br /> WARRANTIES• <br /> Seller warrants that at closing title will be vested in <br /> Seller free and clear of all liens and encumbrances and that <br /> 3 of 5 <br />