Title Affidavit. A title affidavit in form and substance required for the Title Company to issue the Title Policy to Purchaser and such that the Title Company may remove the so- called standard exceptions from the Title Policy, along with a GAP indemnity, if required by the Title Company; 7.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Star Equity Holdings, Inc.)
Title Affidavit. A title affidavit in form reasonably necessary to satisfy those of the Title Company’s requirements to issuing Purchaser’s title policy that can be satisfied by such an affidavit, and substance required for sufficient to induce the Title Company to issue delete those of the Title Policy standard exceptions to Purchaser and such Purchaser’s title policy that can be deleted by the Title Company may remove the so- called standard exceptions from the Title Policy, along with a GAP indemnity, if required by the Title Company; 7upon its receipt of such an affidavit.
Appears in 1 contract
Sources: Purchase and Sale Agreement
Title Affidavit. A title affidavit or owner’s affidavit in form and substance required for satisfactory to the Title Company to enable the Title Company to issue the Title Policy to Purchaser and such that the Title Company may remove the so- called standard exceptions from the Title Approved Owner Policy, along with a GAP indemnity, if required by the Title Company; 7.
Appears in 1 contract
Sources: Purchase and Sale Agreement (KBS Real Estate Investment Trust III, Inc.)