PURCHASER'S OBJECTIONS; SELLER'S CURE Sample Clauses

PURCHASER'S OBJECTIONS; SELLER'S CURE. Other than those title exceptions ("Permitted Exceptions") set forth in Schedule 6.03 attached hereto and made a part hereof, which shall include the plat of subdivision, party-wall agreement and Allocable Share Agreement set forth in Paragraphs 7.24, 7.25, 8.08 and 8.09 hereof, and exceptions caused by or claimed under or through Seller that will be removed at Closing (as hereinafter defined) if (i) the Commitment reveals any other matters or exceptions ("Title Defects"), or (ii) the Survey reveals any defects which affect the marketability of the Real Property or are deemed objectionable by Purchaser ("Survey Defects"), Purchaser shall notify Seller, in writing, of the same within fifteen (15) days following the date of delivery to Purchaser of the last of the Commitment and Survey ("Defects Notice"). In the event Purchaser fails to deliver a Defects Notice as aforesaid, Seller shall advise Purchaser of such failure, in writing. If Purchaser fails, within three (3) business days thereafter to deliver a Defects Notice, it shall be deemed a notice to Seller that Purchaser has elected to waive such defects, if any, and to proceed with the transaction contemplated hereby, subject to the fulfillment of Seller's obligations hereunder. Except for Title Defects or Survey Defects that are caused by or claimed under or through Seller that can be removed or discharged by the payment of a sum of money (including, without limitation, a Mortgage(s), as hereafter defined), Seller shall have no affirmative obligation to cure or correct any Title Defects or Survey Defects, except as provided in Seller's Response (as hereinafter defined). Within fifteen (15) days following Seller's receipt of a Defects Notice, Seller, at its option, shall notify Purchaser of those Title Defects and Survey Defects that Seller shall undertake to cure or correct ("Seller's Response"). In the event Seller (a) elects in Seller's Response not to satisfy a specified Title Defect or Survey Defect or (b) is unable, within sixty (60) days after Purchaser's receipt of Seller's Response, to satisfy the Title Defect or Survey Defect which Seller had elected in Seller's Response to so satisfy, Purchaser may, at its option, (1) accept title to the Real Property subject to the Title Defects and/or Survey Defects raised by Purchaser in which event such Title Defects and Survey Defects shall be deemed to be Permitted Exceptions, or (2) cancel this Agreement and receive a full refund of the Deposit, whereup...
Sample 1
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PURCHASER'S OBJECTIONS; SELLER'S CURE. Other than those title exceptions ("Permitted Exceptions") applicable to Phase I and Phase II set forth in Schedule 6.03 attached hereto and made a part hereof and exceptions caused by or claimed under or through Seller that will be removed at the applicable Phase Closing (as hereinafter defined) if (i) the Commitment reveals any other matters or exceptions ("Title Defects"), or (ii) the Survey reveals any defects which affect the marketability of the applicable Phase or are deemed objectionable by Purchaser
Sample 1

Related to PURCHASER'S OBJECTIONS; SELLER'S CURE

  • Purchaser’s Conditions to Closing The obligations of the Purchaser under this Agreement shall be subject to the satisfaction, on or prior to the Closing Date, of the following conditions:

  • Purchaser’s Closing Conditions The Purchaser’s obligations to close the transactions described in this Agreement are subject to the satisfaction at or prior to Closing of the following conditions precedent (the “Purchaser’s Closing Conditions”):

  • Seller’s Closing Conditions The obligations of Seller under this Agreement are subject, at the option of Seller, to the satisfaction, at or prior to the Closing, of the following conditions:

  • Seller’s Deliveries at Closing At the Closing, Seller will deliver or cause to be delivered to Buyer:

  • Purchaser’s Closing Deliveries At the Closing, the Purchaser shall deliver or cause to be delivered to the Vendor the following documents and payments:

  • Seller's Conditions to Closing The obligations of the Seller under this Agreement shall be subject to the satisfaction, on or prior to the Closing Date, of the following conditions:

  • Seller’s Closing Deliveries At the Closing, Seller shall deliver or cause to be delivered the following:

  • Purchaser Closing Deliveries At the Closing, Purchaser shall deliver, or cause to be delivered, the following:

  • Seller’s Conditions for Closing Unless otherwise waived in writing, and without prejudice to Seller’s right to cancel this Contract during the Review Period, the duties and obligations of Seller to proceed to Closing under the terms and provisions of this Contract are and shall be expressly subject to strict compliance with, and satisfaction or waiver of, each of the conditions and contingencies set forth in this Section 9.2, each of which shall be deemed material to this Contract. In the event of the failure of any of the conditions set forth in this Section 9.2, which condition is not waived in writing by Seller, Seller shall have the right at its option to declare this Contract terminated and null and void, in which case the remaining Xxxxxxx Money Deposit and any interest thereon shall be immediately returned to Buyer and each of the parties shall be relieved from further liability to the other, except as otherwise expressly provided herein.

  • CONDITIONS TO THE PURCHASER’S OBLIGATION TO CLOSE The obligation of the Purchaser to acquire the Property shall be subject to the satisfaction of the following conditions precedent on and as of the Closing Date:

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