Examples of Permitted Exceptions in a sentence
Per Section 10 Further Conditions, Seller shall deliver to Buyer full and complete possession of the Property, subject to the Permitted Exceptions.
At the Closing, contemporaneously with the payment by Xxxxx of the Purchase Price, Seller shall deliver to Buyer (a) the Deed to the Property subject to the Permitted Exceptions, (b) a vendor’s affidavit acceptable to the Title Company to allow it to delete the standard exceptions for non-survey matters from its title policy; (c) a certification of non-foreign status with respect to Seller as required by Section 1445 of the Internal Revenue Code; (d) a disclosure of Sales Information Form required by Ind.
The date upon which the Closing actually occurs shall be referred to herein as the “Closing Date.” Seller shall give sole and exclusive possession of the Property to Purchaser at Closing, subject only to the Permitted Exceptions.
None of these exceptions shall be considered Permitted Exceptions if they are violated by existing improvements or the present use of the Property.
When financing statements specified on Schedule 6.7 in appropriate form are filed in the offices specified on Schedule 6.7, the Security Documents shall constitute a fully perfected lien on, and security interest in, all right, title and interest of Borrower in such Collateral owned by Borrower and the proceeds thereof, as security for the Credit Obligations, in each case prior and superior in right to any other Person, other than Permitted Exceptions.