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(3) Possession of the interests in the Property being <br />purchased, free and clear of all existing leases and <br />tenancies; except for the lease described in Paragraph <br />7(A) (1), above; <br /> <br /> (4) Ail instruments, certificates, affidavits, and other <br />documents necessary to satisfy the requirements listed on <br />Schedule B-1 of the Title Commitment; <br /> <br /> (5) A certification that the representations of City <br />pursuant to Paragraph 9 continue to be true and correct as of <br />the date of closing; <br /> <br /> (6) City's closing costs and any other documents <br />required by this Agreement to be delivered by City to the <br />title company or reasonably required by County or the title <br />company in connection herewith; <br /> <br /> (7) Properly executed and acknowledged Transfer Requests <br />in the form set forth in Exhibit C, attached hereto and <br />incorporated herein by this reference, addressed to the <br />Farmers Reservoir and Irrigation Company a/k/a Farmers Lake <br />(Marshall Lake Reservoir Division) the South Boulder and Coal <br />Creek Irrigating Ditch Company and the South Boulder and Coal <br />Creek 1st Extension Ditch Company, requesting the conveyance <br />to the County of an undivided one-half interest in the Water <br />Rights and directing the Water Companies to place a legend on <br />the stock certificates to be issued which indicates: 1) the <br />respective interests of the parties with regard to their <br />undivided interest in the Water Rights; and, 2) that the 50% <br />undivided ownership of the Water Rights being retained by City <br />and being conveyed to the County are each subject to the <br />restrictions contained in the Deeds of Conservation Easement <br />to each of the parties; <br /> <br /> (8) City's stock certificate(s) reflecting City's <br />current ownership of the Water Rights. County shall send said <br />stock certificate(s), along with the Transfer Requests to the <br />Farmers Reservoir and Irrigation Company a/k/a Farmers Lake <br />(Marshall Lake Reservoir Division), the South Boulder and Coal <br />Creek Irrigating Ditch Company, and the South Boulder and Coal <br />Creek 1st Extension Ditch Company for the issuance of new <br />stock certificates indicating City and County's respective <br />interest in the ownership of the Water Rights; <br /> <br />4 <br /> <br /> <br />