Survey and Title. The Agent shall have received a Survey of the Real Estate to be acquired, together with a Surveyor Certificate, and to the extent that the Borrower is required to deliver a Mortgage with respect to such Real Estate pursuant to (S)9.13 hereof, the Agent shall have received a current commitment from the Title Insurance Company to issue a Title Policy covering such Real Estate, the Borrower shall have paid all premiums applicable to such Title Policy, and the Title Insurance Company shall have agreed to deliver the Title Policy to the Agent within sixty (60) days of the Permitted Acquisition Closing Date.
Appears in 2 contracts
Sources: Revolving Credit and Term Loan Agreement (Petro Stopping Centers Holdings Lp), Revolving Credit and Term Loan Agreement (Petro Stopping Centers L P)
Survey and Title. The Agent shall have received a ---------------- Survey of the Real Estate to be acquired, together with a Surveyor Certificate, and to the extent that the Borrower is required to deliver a Mortgage with respect to such Real Estate pursuant to (S)9.13 hereof, the Agent shall have received a current commitment from the Title Insurance Company to issue a Title Policy covering such Real Estate, the Borrower shall have paid all premiums applicable to such Title Policy, and the Title Insurance Company shall have agreed to deliver the Title Policy to the Agent within sixty (60) days of the Permitted Acquisition Closing Date.
Appears in 1 contract
Sources: Revolving Credit and Term Loan Agreement (Petro Stopping Centers L P)