Closing Title Issues. (a) Title exceptions recorded with respect to the Asset by or with the consent of Seller or its Affiliates after 5:00 p.m. (Central time) on the effective date of the Title Commitment pertaining to the Asset last delivered prior to March 22, 2007, or caused by or arising out of the actions of Seller or its Affiliates after 5:00 p.m. (Central time) on the effective date of the Title Commitment pertaining to the Asset last delivered prior to March 22, 2007, and which could reasonably be expected to have a material adverse effect on the title, use, operation or value of the Asset; and (b) the Mandatory Seller Cure Items.
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Samples: Purchase and Sale Agreement (Crescent Real Estate Equities Co), Purchase and Sale Agreement (Crescent Real Estate Equities Co)
Closing Title Issues. (a) Title exceptions recorded with respect to the an Asset by or with the consent of Seller Sellers or its their Affiliates after 5:00 p.m. (Central time) on the effective date of the applicable Title Commitment pertaining to the such Asset last delivered prior to March 22, 2007, or caused by or arising out of the actions of Seller Sellers or its their Affiliates after 5:00 p.m. (Central time) on the effective date of the applicable Title Commitment pertaining to the such Asset last delivered prior to March 22, 2007, and which could reasonably be expected to have a material adverse effect on the title, use, operation or value of the such Asset; and (b) the Mandatory Seller Cure Items.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Crescent Real Estate Equities Co)
Closing Title Issues. (a) Title exceptions recorded with respect to the Asset by or with the consent of Seller Sellers or its their Affiliates after 5:00 p.m. (Central time) on the effective date of the Title Commitment pertaining to the Asset last delivered prior to March 22, 2007, or caused by or arising out of the actions of Seller Sellers or its their Affiliates after 5:00 p.m. (Central time) on the effective date of the Title Commitment pertaining to the Asset last delivered prior to March 22, 2007, and which could reasonably be expected to have a material adverse effect on the title, use, operation or value of the Asset; and (b) the Mandatory Seller Cure Items.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Crescent Real Estate Equities Co)