Acceptable Title Sample Clauses

Acceptable Title. At the Fee Closing (as hereinafter defined), Seller shall convey and Buyer shall accept such title to the Property as is clear and marketable, as well as insurable (without special premium) by any reputable title insurance company licensed to do business in the State of New York (the “Title Company”), subject, nevertheless, only to the following matters (collectively, the "Permitted Exceptions"):
AutoNDA by SimpleDocs
Acceptable Title. Seller shall convey, or cause to be conveyed, and Purchaser shall accept, title to the Premises, as of the Closing Date, subject to the Permitted Exceptions. The term "PERMITTED EXCEPTIONS" shall mean, collectively, (i) the matters set forth in Exhibit K annexed hereto, (ii) Title Exceptions that Title Insurer shall be willing to omit as exceptions to coverage in any owner's or mortgagee's policy of title insurance obtained by or on behalf of Purchaser and (iii) any exceptions and matters that are approved, waived or deemed to have been approved or waived by Purchaser.
Acceptable Title. Seller shall convey, or cause to be conveyed, and Purchaser shall accept, title to the Premises, as of the Closing Date, subject to the Permitted Exceptions. The term “Permitted Exceptions” shall mean, collectively, (i) the matters set forth in Exhibit I annexed hereto, (ii) Title Exceptions that Title Insurer shall be willing to omit as exceptions to coverage in any owner’s or mortgagee’s policy of title insurance obtained by or on behalf of Purchaser and (iii) any exceptions and matters that are approved, waived or deemed to have been approved or waived by Purchaser.
Acceptable Title. Seller shall convey and Purchaser shall accept title to the Premises in accordance with the terms of this Agreement, subject only to the exceptions specified in Schedule A and to the following:
Acceptable Title. Owners warrant that the title to the premises is free and clear of all liens and encumbrances, except real property taxes and assessments for the current year, and covenants and restrictions of record. If the evidence of title resulting from a title search discloses any defects in light of and pursuant to the herein stated warranty, the Owners shall have twenty days after receipt of notification of such defects to cure said defects and to provide to Optionee written certification of such action. If the Owners shall not perfect the title to the premises within the allotted time period, the Optionee shall be refunded the consideration given to the Owners for the grant of this Option.
Acceptable Title. For purposes of this Agreement, “Acceptable Title” of the Property shall be a fee simple marketable record title vested in the Seller with full and complete authority and right to sell, subject only to the following exceptions (the “Permitted Exceptions”):
AutoNDA by SimpleDocs
Acceptable Title. Seller shall convey to Buyer at Closing good and marketable title to the Premises free from all encumbrances, subject only to the exceptions specified in Exhibit A and to the following:
Acceptable Title. Seller shall convey the Property to Purchaser free and clear of all liens, claims, charges, security interests, encumbrances, restrictions and exceptions to title other than the following (collectively, the “Permitted Exceptions”): (i) governmental laws and restrictions applicable to the Property which are not in violation on the Closing Date; (ii) the lien of non-delinquent real estate taxes and general or special assessment on the Property; (iii) the Lease; and (iv) any and all Title Matters approved (or deemed to have been approved) by Purchaser pursuant to Section 4.2 and any and all Title Matters and Additional Exceptions (as hereinafter defined) subject to which Purchaser elects to accept title pursuant to Section 4.4.
Acceptable Title. As used herein, “Acceptable Title” means, as to each of the Leases, such title (i) as will entitle Purchaser to receive at Closing not less than one-half (1/2) of the number of net mineral acres purported to be covered by the Leases as set forth on attached Exhibit A and (ii) as is free and clear of any liens, security interests, encumbrances, burdens, and claims of any kind, except for Permitted Encumbrances (hereinafter defined).
Time is Money Join Law Insider Premium to draft better contracts faster.