Common use of Final Title Commitment Clause in Contracts

Final Title Commitment. Prior to the execution of this ---------------------- Agreement, REIT OP shall deliver to Prudential a copy of the commitment for the policy of owner's title insurance to be issued pursuant to Section 7.2.3 by REIT ------------- OP's Title Insurer. The failure by REIT OP to deliver a copy of the commitment for the policy of owner's title insurance to be issued pursuant to Section 7.2.3 ------------- by REIT OP's Title Insurer shall be deemed an election by REIT OP to accept an owner's policy of title insurance issued pursuant to the ▇▇▇▇▇▇▇ Title Commitment in satisfaction of Section 7.2.3. -------------

Final Title Commitment. Prior to the execution of this ---------------------- Agreement, REIT OP shall deliver to Prudential a copy of the commitment for the policy of owner's title insurance to be issued pursuant to Section 7.2.3 by REIT ------------- OP's Title Insurer. The failure by REIT OP to deliver a copy of the commitment for the policy of owner's title insurance to be issued pursuant to Section 7.2.3 ------------- by REIT OP's Title Insurer shall be deemed an election by REIT OP to accept an owner's policy of title insurance issued pursuant to the ▇▇▇▇▇▇▇ Title Commitment in satisfaction of Section 7.2.3. -------------