{"component": "clause", "props": {"groups": [{"size": 12, "samples": [{"hash": "hCiwzvwaWF9", "uri": "/contracts/hCiwzvwaWF9#title-commitments", "label": "Purchase and Sale Agreement (Las Vegas Sands Corp)", "score": 32.1676940918, "published": true}, {"hash": "72TUIpKbrnB", "uri": "/contracts/72TUIpKbrnB#title-commitments", "label": "Purchase and Sale Agreement (Vici Properties Inc.)", "score": 30.1676940918, "published": true}], "snippet": "Each Purchaser acknowledges and agrees that it has reviewed preliminary Title Commitments and a survey of the Real Property (the \u201cSurvey\u201d) and that all exceptions to title set forth on Schedule B to each Title Commitment, each of which is listed on Exhibit E, constitute Permitted Liens other than those items which Purchasers marked as \u201comit\u201d on the date hereof and which was provided to Seller\u2019s counsel by PropCo Purchaser\u2019s counsel in an e-mail at 6:34 pm Eastern Time on the date hereof, and that Seller shall not be obligated to remove any such matters constituting Permitted Liens. Purchasers shall forward a copy of any updates of the Title Commitments and updates of the Survey to Seller and Seller\u2019s attorneys promptly upon receipt. The applicable Purchaser shall bear the cost and expense of any examination of title commissioned by or on behalf of such Purchaser or any mortgagee and of any owner\u2019s or, if elected by such Purchaser, mortgagee\u2019s policy of title insurance to be issued upon or after the Closing insuring the fee and/or leasehold interests of the Acquired Companies and/or the applicable Purchaser (or its designee) in the Real Property, as well as all other title charges, Survey fees or recording charges incurred in connection with the applicable Purchaser\u2019s Title Policy, except (i) Seller shall be responsible for the recording fee related to each Deed, (ii) Seller and PropCo Purchaser shall each pay 50% of the premium attributable to PropCo Purchaser\u2019s non-imputation endorsement, (iii) Seller and OpCo Purchaser shall each pay 50% of the premium attributable to OpCo Purchaser\u2019s non-imputation endorsement, and (iv) as set forth in Section 6(c).", "snippet_links": [{"key": "each-purchaser", "type": "definition", "offset": [0, 14]}, {"key": "the-real-property", "type": "clause", "offset": [106, 123]}, {"key": "exceptions-to-title", "type": "clause", "offset": [152, 171]}, {"key": "schedule-b", "type": "clause", "offset": [185, 195]}, {"key": "exhibit-e", "type": "definition", "offset": [249, 258]}, {"key": "permitted-liens", "type": "clause", "offset": [271, 286]}, {"key": "date-hereof", "type": "clause", "offset": [351, 362]}, {"key": "to-seller", "type": "definition", "offset": [386, 395]}, {"key": "propco-purchaser", "type": "definition", "offset": [409, 425]}, {"key": "an-e", "type": "clause", "offset": [439, 443]}, {"key": "eastern-time", "type": "definition", "offset": [460, 472]}, {"key": "seller-shall", "type": "clause", "offset": [502, 514]}, {"key": "a-copy-of", "type": "clause", "offset": [614, 623]}, {"key": "the-title", "type": "definition", "offset": [639, 648]}, {"key": "the-survey", "type": "clause", "offset": [676, 686]}, {"key": "seller-and-seller", "type": "clause", "offset": [690, 707]}, {"key": "promptly-upon-receipt", "type": "clause", "offset": [720, 741]}, {"key": "applicable-purchaser", "type": "definition", "offset": [747, 767]}, {"key": "cost-and-expense", "type": "clause", "offset": [783, 799]}, {"key": "examination-of-title", "type": "clause", "offset": [807, 827]}, {"key": "by-or-on-behalf-of", "type": "definition", "offset": [841, 859]}, {"key": "such-purchaser", "type": "definition", "offset": [860, 874]}, {"key": "any-owner", "type": "clause", "offset": [899, 908]}, {"key": "insurance-to-be", "type": "clause", "offset": [973, 988]}, {"key": "after-the-closing", "type": "clause", "offset": [1004, 1021]}, {"key": "the-fee", "type": "definition", "offset": [1031, 1038]}, {"key": "leasehold-interests", "type": "definition", "offset": [1046, 1065]}, {"key": "the-acquired-companies", "type": "clause", "offset": [1069, 1091]}, {"key": "title-charges", "type": "clause", "offset": [1185, 1198]}, {"key": "recording-charges", "type": "clause", "offset": [1215, 1232]}, {"key": "in-connection-with", "type": "clause", "offset": [1242, 1260]}, {"key": "title-policy", "type": "clause", "offset": [1288, 1300]}, {"key": "responsible-for", "type": "clause", "offset": [1329, 1344]}, {"key": "recording-fee", "type": "clause", "offset": [1349, 1362]}, {"key": "related-to", "type": "definition", "offset": [1363, 1373]}], "hash": "8eee8ec91181dcdc83948897857b48ae", "id": 1}, {"size": 6, "samples": [{"hash": "u9Ejm1mKQi", "uri": "/contracts/u9Ejm1mKQi#title-commitments", "label": "Asset Purchase Agreement (Citizens Communications Co)", "score": 18.0, "published": true}, {"hash": "jVpPm8n92Np", "uri": "/contracts/jVpPm8n92Np#title-commitments", "label": "Asset Purchase Agreement (Citizens Communications Co)", "score": 18.0, "published": true}, {"hash": "eVd0wjQw0yB", "uri": "/contracts/eVd0wjQw0yB#title-commitments", "label": "Asset Purchase Agreement (Unisource Energy Corp)", "score": 18.0, "published": true}], "snippet": "Prior to Closing, Seller shall cooperate with Buyer and use Commercially Reasonable Efforts to assist Buyer if Buyer desires to obtain American Land Title Association (\"ALTA\") title insurance commitments (collectively, the \"Title Commitments,\" and each a \"Title Commitment\"), in final form, from one or more title insurance companies (collectively, the \"Title Company\"), committing the Title Company (subject only to the satisfaction of any industry standard requirements contained in the Title Commitment) to issue ALTA (or its local equivalent) form of title insurance policies in an amount acceptable to the Buyer and the Title Company insuring good, valid, indefeasible fee simple title to the Real Property in Buyer, in all cases, at Buyer's sole expense and in the respective amounts that Buyer requests prior to Closing, subject to no Encumbrances or other exceptions to title other than Permitted Encumbrances (collectively the \"Title Policies\"). On or prior to the Closing Date, Seller shall execute and deliver, or cause to be executed and delivered, to the Title Company, at no cost to Seller, any customary affidavits, standard gap indemnities, evidence of corporate existence and authority, and similar documents reasonably requested by the Title Company in connection with the issuance of the Title Commitments or the Title Policies; provided that such efforts and Buyer's request for Title Policies or Title Commitments shall, in no event, result in any delay in the consummation of the transactions contemplated by this Agreement, except to the extent caused by or resulting from Seller's breach of this Agreement; and provided further, that nothing in this Section 6.17 shall obligate Seller to execute or deliver any document that affects, in a manner adverse to Seller, Seller's liability to Buyer as expressed herein and in the Special Warranty Deed.", "snippet_links": [{"key": "prior-to-closing", "type": "clause", "offset": [0, 16]}, {"key": "seller-shall", "type": "clause", "offset": [18, 30]}, {"key": "cooperate-with", "type": "clause", "offset": [31, 45]}, {"key": "use-commercially-reasonable-efforts", "type": "clause", "offset": [56, 91]}, {"key": "to-assist", "type": "clause", "offset": [92, 101]}, {"key": "land-title", "type": "clause", "offset": [144, 154]}, {"key": "title-insurance-commitments", "type": "definition", "offset": [176, 203]}, {"key": "final-form", "type": "definition", "offset": [279, 289]}, {"key": "title-insurance-companies", "type": "definition", "offset": [308, 333]}, {"key": "title-company", "type": "definition", "offset": [354, 367]}, {"key": "subject-only", "type": "definition", "offset": [401, 413]}, {"key": "satisfaction-of", "type": "clause", "offset": [421, 436]}, {"key": "industry-standard-requirements", "type": "clause", "offset": [441, 471]}, {"key": "contained-in", "type": "definition", "offset": [472, 484]}, {"key": "the-title-commitment", "type": "clause", "offset": [485, 505]}, {"key": "to-issue", "type": "clause", "offset": [507, 515]}, {"key": "form-of", "type": "clause", "offset": [547, 554]}, {"key": "title-insurance-policies", "type": "definition", "offset": [555, 579]}, {"key": "buyer-and-the", "type": "clause", "offset": [611, 624]}, {"key": "title-to-the-real-property", "type": "clause", "offset": [685, 711]}, {"key": "in-all-cases", "type": "clause", "offset": [722, 734]}, {"key": "at-buyer", "type": "clause", "offset": [736, 744]}, {"key": "sole-expense", "type": "definition", "offset": [747, 759]}, {"key": "subject-to", "type": "clause", "offset": [828, 838]}, {"key": "no-encumbrances", "type": "clause", "offset": [839, 854]}, {"key": "exceptions-to-title", "type": "clause", "offset": [864, 883]}, {"key": "permitted-encumbrances", "type": "definition", "offset": [895, 917]}, {"key": "title-policies", "type": "definition", "offset": [937, 951]}, {"key": "prior-to-the-closing-date", "type": "clause", "offset": [961, 986]}, {"key": "execute-and-deliver", "type": "clause", "offset": [1001, 1020]}, {"key": "executed-and-delivered", "type": "clause", "offset": [1037, 1059]}, {"key": "at-no-cost", "type": "definition", "offset": [1083, 1093]}, {"key": "to-seller", "type": "definition", "offset": [1094, 1103]}, {"key": "evidence-of", "type": "definition", "offset": [1157, 1168]}, {"key": "corporate-existence-and-authority", "type": "clause", "offset": [1169, 1202]}, {"key": "requested-by", "type": "clause", "offset": [1237, 1249]}, {"key": "in-connection-with", "type": "clause", "offset": [1268, 1286]}, {"key": "issuance-of-the", "type": "clause", "offset": [1291, 1306]}, {"key": "provided-that", "type": "definition", "offset": [1348, 1361]}, {"key": "for-title", "type": "clause", "offset": [1395, 1404]}, {"key": "in-no-event", "type": "clause", "offset": [1442, 1453]}, {"key": "the-transactions-contemplated-by-this-agreement", "type": "clause", "offset": [1498, 1545]}, {"key": "except-to-the-extent", "type": "clause", "offset": [1547, 1567]}, {"key": "caused-by", "type": "clause", "offset": [1568, 1577]}, {"key": "from-seller", "type": "clause", "offset": [1591, 1602]}, {"key": "breach-of-this-agreement", "type": "definition", "offset": [1605, 1629]}, {"key": "nothing-in-this-section", "type": "clause", "offset": [1658, 1681]}, {"key": "to-buyer", "type": "definition", "offset": [1808, 1816]}, {"key": "special-warranty-deed", "type": "definition", "offset": [1848, 1869]}], "hash": "42c4932f401309f4f7654b7dc3ed8292", "id": 4}, {"size": 8, "samples": [{"hash": "9she3sw8ssd", "uri": "/contracts/9she3sw8ssd#title-commitments", "label": "Sale and Purchase Agreement (Investors Real Estate Trust)", "score": 26.4811763763, "published": true}, {"hash": "5wyDN1Ye1u4", "uri": "/contracts/5wyDN1Ye1u4#title-commitments", "label": "Agreement for Sale and Purchase of Property (Investors Real Estate Trust)", "score": 26.459274292, "published": true}, {"hash": "kZbwaomyX1L", "uri": "/contracts/kZbwaomyX1L#title-commitments", "label": "Agreement for Sale and Purchase of Property (Investors Real Estate Trust)", "score": 25.9459266663, "published": true}], "snippet": "Commitments for ALTA Owner\u2019s Title Insurance Policies for the Property, issued by Title Company in the full amount of the Consideration, agreeing to insure title to the Property on or after the Contract Date, showing Seller as owner of the Property, and indicating the conditions upon which Title Company will issue full extended coverage over all general title exceptions contained in such policies, and including such endorsements as Buyer may request.", "snippet_links": [{"key": "title-insurance-policies", "type": "definition", "offset": [29, 53]}, {"key": "issued-by", "type": "clause", "offset": [72, 81]}, {"key": "company-in", "type": "clause", "offset": [88, 98]}, {"key": "the-consideration", "type": "clause", "offset": [118, 135]}, {"key": "to-insure", "type": "clause", "offset": [146, 155]}, {"key": "title-to-the-property", "type": "clause", "offset": [156, 177]}, {"key": "contract-date", "type": "clause", "offset": [194, 207]}, {"key": "owner-of-the-property", "type": "definition", "offset": [227, 248]}, {"key": "the-conditions", "type": "clause", "offset": [265, 279]}, {"key": "company-will", "type": "clause", "offset": [297, 309]}, {"key": "extended-coverage", "type": "definition", "offset": [321, 338]}, {"key": "title-exceptions", "type": "clause", "offset": [356, 372]}, {"key": "contained-in", "type": "definition", "offset": [373, 385]}, {"key": "buyer-may", "type": "definition", "offset": [436, 445]}], "hash": "563e0f97c455e77a5a607e57176741f3", "id": 2}, {"size": 7, "samples": [{"hash": "kxcNue4sO8c", "uri": "/contracts/kxcNue4sO8c#title-commitments", "label": "Purchase and Sale Agreement (Marathon Petroleum Corp)", "score": 23.7707042694, "published": true}], "snippet": "(a) BP Products has caused the Title Company to prepare and issue title commitments with respect to the Refinery Owned Real Property and the Cogen Company Leased Real Property (together with any updates thereto, the \u201cRefinery Title Commitments\u201d). Each of the Refinery Title Commitments sets forth the Title Company\u2019s report of the state of title to the applicable real property fee or leasehold interest, together with all exceptions or conditions to such title which are of record or otherwise known to the Title Company, including all Encumbrances, if any, affecting the applicable real property interests, which may appear in a Title Policy, if issued. The copies of the underlying documents evidencing or creating the exceptions and conditions set forth in the Refinery Title Commitments shall be provided by the Title Company or BP Products through the electronic data rooms maintained by Sellers (the \u201cData Room\u201d) or through SureClose electronic access maintained by the Title Company and shall include the most legible copies available of all such exceptions and conditions shown therein (the \u201cRefinery Title Exception Documents\u201d).\n(b) BP Products has caused the Title Company to issue title commitments with respect to the Terminals Owned Real Property (together with any updates thereto, the \u201cTerminals Title Commitments\u201d), which Terminals Title Commitments set forth the Title Company\u2019s report of the state of title to the applicable real property fee, together with all exceptions or conditions to such title which are of record or otherwise known to the Title Company, including all Encumbrances, if any, affecting the applicable real property interests, which may appear in a Title Policy, if issued. The copies of the underlying documents evidencing or creating the exceptions and conditions set forth in the Terminals Title Commitments shall be provided by the Title Company or BP Products through the Data Room or through the SureClose electronic access maintained by the Title Company and shall include the most legible copies available of all such exceptions and conditions shown therein (the \u201cTerminals Title Exception Documents\u201d).\n(c) The cost of any title commitment and any Title Policy issued for the benefit of Buyer shall be paid one-half (1/2) by Buyer and one-half (1/2) by Sellers.", "snippet_links": [{"key": "bp-products", "type": "definition", "offset": [4, 15]}, {"key": "title-company", "type": "definition", "offset": [31, 44]}, {"key": "prepare-and-issue", "type": "clause", "offset": [48, 65]}, {"key": "with-respect-to", "type": "clause", "offset": [84, 99]}, {"key": "refinery-owned-real-property", "type": "definition", "offset": [104, 132]}, {"key": "company-leased-real-property", "type": "definition", "offset": [147, 175]}, {"key": "the-applicable", "type": "clause", "offset": [349, 363]}, {"key": "leasehold-interest", "type": "definition", "offset": [385, 403]}, {"key": "conditions-to", "type": "clause", "offset": [437, 450]}, {"key": "of-record", "type": "definition", "offset": [472, 481]}, {"key": "real-property-interests", "type": "definition", "offset": [584, 607]}, {"key": "title-policy", "type": "clause", "offset": [631, 643]}, {"key": "copies-of-the", "type": "clause", "offset": [660, 673]}, {"key": "underlying-documents", "type": "clause", "offset": [674, 694]}, {"key": "data-rooms", "type": "definition", "offset": [869, 879]}, {"key": "by-sellers", "type": "clause", "offset": [891, 901]}, {"key": "electronic-access", "type": "clause", "offset": [941, 958]}, {"key": "copies-available", "type": "clause", "offset": [1026, 1042]}, {"key": "title-exception-documents", "type": "definition", "offset": [1110, 1135]}, {"key": "to-issue", "type": "clause", "offset": [1184, 1192]}, {"key": "the-data", "type": "clause", "offset": [1913, 1921]}, {"key": "cost-of", "type": "clause", "offset": [2159, 2166]}, {"key": "buyer-shall", "type": "clause", "offset": [2235, 2246]}, {"key": "by-buyer", "type": "clause", "offset": [2270, 2278]}], "hash": "60ba78da5f2669b97b7d96cc13864a3f", "id": 3}, {"size": 6, "samples": [{"hash": "5muC6U1JT7r", "uri": "/contracts/5muC6U1JT7r#title-commitments", "label": "Purchase and Sale Agreement (Strategic Storage Trust, Inc.)", "score": 21.4804935455, "published": true}], "snippet": "Seller shall convey good and marketable title to the Property to Purchaser at Closing, subject only to the \u201cPermitted Encumbrances\u201d (defined below). Within five (5) days following the Effective Date, Purchaser shall order a title commitment for each of the projects and shall make commercially reasonable efforts to cause Escrow Agent to deliver the title commitments within thirty (30) days of the Effective Date, comprising the Property (collectively, the \u201cTitle Commitments\u201d) for an ALTA Owner\u2019s Policy of Title Insurance for each such project (collectively, the \u201cTitle Policies\u201d), issued by the Escrow Agent on behalf of the Title Company, insuring good and marketable fee simple title to the Property, together with legible copies of all exceptions listed therein. Purchaser shall have a period of fifteen (15) business days following its receipt of the Title Commitments, legible copies of all exceptions listed therein and the \u201cSurveys\u201d (defined below), to deliver to Seller a written notice of Purchaser\u2019s objections to title for each project comprising a portion of the Property (individually, a \u201cTitle Objection Letter\u201d). Seller shall have the right, but not the obligation, to cure Purchaser\u2019s objections to title; subject, however, to Seller\u2019s obligation to remove all \u201cMonetary Liens\u201d (as defined below) on or by Closing. Seller shall notify Purchaser in writing within five (5) days following Seller\u2019s receipt of a Title Objection Letter concerning which title objections, if any, Seller has agreed to cure and Seller shall have thirty (30) days to cure. In the event that Seller does not undertake to cure all of the objections in each such Title Objection Letter to Purchaser\u2019s sole satisfaction (or does not timely respond to any such Title Objection Letter), then each project comprising the Property with respect to which Seller has not agreed to cure all of Purchaser\u2019s title objections shall be herein referred to as a \u201cTitle Objection Property\u201d. Purchaser shall have the right for five (5) days after receipt of Seller\u2019s response to each Title Objection Letter relating to a Title Objection Property (or five (5) days following the expiration of the period within which Seller was to so respond) to either (i) waive any such title objection in writing and proceed to Closing (in which event such waived title objection shall be deemed to be a \u201cPermitted Encumbrance\u201d, as defined below), or (ii) terminate this Agreement upon written notice to Seller with respect to such Title Objection Property (or Title Objection Properties, as the case may be), (b) the parties shall proceed to Closing with respect to the remainder of the Property, with the Purchase Price being reduced by the portion of the Purchase Price allocable to such Title Objection Property (or Title Objection Properties, as the case may be) with respect to which this Agreement is being terminated, as set forth on Schedule \u201cC\u201d attached hereto, and (c) neither party shall have any further right or obligation hereunder with respect to such Title Objection Property (or Title Objection Properties, as the case may be) with respect to which this Agreement is being terminated, other than the Surviving Obligations relating thereto. All exceptions set forth in Schedule B of the Title Commitments which are not objected to by Purchaser (including matters initially objected to by Purchaser which objections are subsequently waived in writing) are herein collectively called the \u201cPermitted Encumbrances\u201d. In the event that any update to any of the Title Commitments indicates the existence of any liens, encumbrances or other defects or exceptions (the \u201cUnacceptable Encumbrances\u201d) which are not shown in the initial Title Commitments and that are unacceptable to Purchaser, Purchaser shall within five (5) days after receipt of any such update to such Title Commitment notify Seller in writing of its objection to any such Unacceptable Encumbrance (the \u201cUnacceptable Encumbrance Notice\u201d). Notwithstanding anything to the contrary contained herein, Seller shall have no obligation to take any steps or bring any action or proceeding or otherwise to incur any expense whatsoever to eliminate or modify any of the Unacceptable Encumbrances; provided, however, that Seller shall, prior to or at Closing, eliminate by paying, bonding around or otherwise discharging in a manner satisfactory to Purchaser (i) any Unacceptable Encumbrances that arise by, through or under Seller, and (ii) any mortgages, deeds of trust, deeds to secure debt, mechanics\u2019 liens or monetary judgments that appear on any of the Title Commitments (\u201cMonetary Liens\u201d). In the event Seller is unable, unwilling or for any reason fails to eliminate or modify all of the Unacceptable Encumbrances to the sole satisfaction of Purchaser (other than the Unacceptable Encumbrances and Monetary Liens required to be removed by Seller in accordance with the preceding sentence). Purchaser may terminate this Agreement as to the Title Objection property in question by delivering notice thereof in writing to Seller by the earliest to occur of (i) the Closing Date, (ii) five (5) days after Seller\u2019s written notice to Purchaser of Seller\u2019s intent to not cure one or more of such Unacceptable Encumbrances, or (iii) ten (10) days after the Unacceptable Encumbrance Notice, in the event Seller does not timely respond thereto. Upon a termination of this Agreement, with respect to a Title Objection Property (or Title Objection Properties, as the case may be) pursuant to the immediately preceding sentence, (x) the parties shall proceed to Closing with respect to the remainder of the Property, with the Purchase Price being reduced by the portion of the Purchase Price allocable to the applicable Title Objection Property (or Title Objection Properties, as the case may be) with respect to which this Agreement is being terminated, as set forth on Schedule \u201cC\u201d attached hereto, and (y) neither party shall have any further right or obligation hereunder with respect to the applicable Title Objection Property (or Title Objection Properties, as the case may be) with respect to which this Agreement is being terminated, other than the Surviving Obligations relating thereto.", "snippet_links": [{"key": "seller-shall", "type": "clause", "offset": [0, 12]}, {"key": "title-to-the-property", "type": "clause", "offset": [40, 61]}, {"key": "subject-only", "type": "definition", "offset": [87, 99]}, {"key": "permitted-encumbrances", "type": "definition", "offset": [108, 130]}, {"key": "following-the-effective-date", "type": "clause", "offset": [170, 198]}, {"key": "the-projects", "type": "clause", "offset": [253, 265]}, {"key": "commercially-reasonable-efforts", "type": "definition", "offset": [281, 312]}, {"key": "the-title", "type": "definition", "offset": [346, 355]}, {"key": "within-thirty", "type": "clause", "offset": [368, 381]}, {"key": "insurance-for", "type": "clause", "offset": [515, 528]}, {"key": "title-policies", "type": "definition", "offset": [567, 581]}, {"key": "issued-by", "type": "clause", "offset": [585, 594]}, {"key": "the-escrow-agent", "type": "definition", "offset": [595, 611]}, {"key": "on-behalf-of", "type": "clause", "offset": [612, 624]}, {"key": "title-company", "type": "definition", "offset": [629, 642]}, {"key": "fee-simple-title", "type": "clause", "offset": [673, 689]}, {"key": "copies-of-all", "type": "clause", "offset": [729, 742]}, {"key": "period-of", "type": "definition", "offset": [793, 802]}, {"key": "business-days-following-its-receipt", "type": "clause", "offset": [816, 851]}, {"key": "seller-a", "type": "definition", "offset": [975, 983]}, {"key": "notice-of", "type": "definition", "offset": [992, 1001]}, {"key": "objections-to-title", "type": "clause", "offset": [1014, 1033]}, {"key": "a-portion", "type": "definition", "offset": [1062, 1071]}, {"key": "title-objection-letter", "type": "definition", "offset": [1106, 1128]}, {"key": "the-right", "type": "clause", "offset": [1150, 1159]}, {"key": "the-obligation", "type": "clause", "offset": [1169, 1183]}, {"key": "obligation-to-remove", "type": "clause", "offset": [1256, 1276]}, {"key": "monetary-liens", "type": "definition", "offset": [1282, 1296]}, {"key": "in-writing", "type": "definition", "offset": [1365, 1375]}, {"key": "receipt-of-a", "type": "clause", "offset": [1416, 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"on-schedule", "type": "definition", "offset": [2900, 2911]}, {"key": "neither-party-shall", "type": "clause", "offset": [2941, 2960]}, {"key": "surviving-obligations", "type": "definition", "offset": [3179, 3200]}, {"key": "b-of", "type": "definition", "offset": [3256, 3260]}, {"key": "by-purchaser", "type": "clause", "offset": [3309, 3321]}, {"key": "other-defects", "type": "clause", "offset": [3605, 3618]}, {"key": "unacceptable-encumbrances", "type": "clause", "offset": [3639, 3664]}, {"key": "unacceptable-encumbrance-notice", "type": "clause", "offset": [3940, 3971]}, {"key": "notwithstanding-anything-to-the-contrary-contained", "type": "clause", "offset": [3975, 4025]}, {"key": "obligation-to-take", "type": "clause", "offset": [4055, 4073]}, {"key": "action-or-proceeding", "type": "definition", "offset": [4097, 4117]}, {"key": "prior-to-or-at-closing", "type": "clause", "offset": [4262, 4284]}, {"key": "deeds-of-trust", "type": "clause", "offset": [4483, 4497]}, {"key": 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5, "samples": [{"hash": "luqTgjkGkrQ", "uri": "/contracts/luqTgjkGkrQ#title-commitments", "label": "Purchase and Sale Agreement (Connecticut Light & Power Co)", "score": 18.0, "published": true}, {"hash": "2gztRrtuVdL", "uri": "/contracts/2gztRrtuVdL#title-commitments", "label": "Purchase and Sale Agreement (New England Power Co)", "score": 18.0, "published": true}], "snippet": "The issuer of the Title Commitments shall have made available to the Buyer title insurance policies in an amount satisfactory to the Buyer insuring title to the Ownership Shares being transferred at each Closing consisting of real estate and Improvements as of the relevant Closing Date substantially in the form of the Title Commitments (but in the case of any Subsequent Closing without regard to any changes therefrom which result from any act or omission of the Buyer and/or any owner of the Facility other than the Seller(s) participating in said Subsequent Closing), with such changes therefrom as would not in the aggregate be likely to have a Plant Material Adverse Effect and with the exceptions for parties in possession (other than those disclosed in Schedule 2.1(a)(iii)(A) and Schedule 2.1(a)(iii)(B), if any) and unfiled mechanics' and materialmen's liens (other than those that arise from any act or omission of the Buyer or arise under Good Utility Practices and are not material to the operation or use of the Acquired Assets in the business of the Sellers as conducted through the relevant Closing Date) removed; provided, that the Buyer shall be under no obligation to pay any amounts to the issuer of such title insurance policies in order to cause an exception not contained in the Title Commitments to be removed from such title insurance policies if the amount of such payment would constitute a Plant Material Adverse Effect;", "snippet_links": [{"key": "the-issuer", "type": "definition", "offset": [0, 10]}, {"key": "the-title", "type": "definition", "offset": [14, 23]}, {"key": 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"type": "definition", "offset": [28, 36]}, {"key": "time-period", "type": "clause", "offset": [88, 99]}, {"key": "by-this-agreement", "type": "clause", "offset": [109, 126]}], "hash": "885a867874fb1760093ad37fe3915149", "id": 7}, {"size": 4, "samples": [{"hash": "blqJzhOUfZD", "uri": "/contracts/blqJzhOUfZD#title-commitments", "label": "Purchase Agreement (Peak Resorts Inc)", "score": 25.799451828, "published": true}, {"hash": "8qQpT3F2pnq", "uri": "/contracts/8qQpT3F2pnq#title-commitments", "label": "Purchase Agreement (Peak Resorts Inc)", "score": 22.2922649384, "published": true}, {"hash": "aNrlVARDuzB", "uri": "/contracts/aNrlVARDuzB#title-commitments", "label": "Purchase Agreement (American Skiing Co /Me)", "score": 21.0, "published": true}], "snippet": "Provided that Buyer has taken all customary and necessary actions for the issuance of the title policies, including without limitation satisfying those certain requirements listed in the Title Commitments within the control and reasonably required to be satisfied on the part of Buyer, each Title Company shall have committed and be prepared to deliver contemporaneously with the Closing, at the Buyer\u2019s sole expense, an Owner\u2019s Policy of Title Insurance materially in accordance with its Title Commitments and with no exceptions to title other than as set forth in its Title Commitments or the Permitted Exceptions. Sellers hereby covenant to satisfy all requirements listed in the Title Commitments within the control of and reasonably required to be satisfied on the part of Sellers, including without limitation all actions required to be performed by Sellers pursuant to this Agreement.", "snippet_links": [{"key": "provided-that", "type": "definition", "offset": [0, 13]}, {"key": "necessary-actions", "type": "clause", "offset": [48, 65]}, {"key": "title-policies", "type": "definition", "offset": [90, 104]}, {"key": "including-without-limitation", "type": "clause", "offset": [106, 134]}, {"key": "certain-requirements", "type": "clause", "offset": [152, 172]}, {"key": "of-buyer", "type": "clause", "offset": [276, 284]}, {"key": "title-company", "type": "definition", "offset": [291, 304]}, {"key": "be-prepared", "type": "clause", "offset": [330, 341]}, {"key": "the-closing", "type": "definition", "offset": [376, 387]}, {"key": "the-buyer", "type": "clause", "offset": [392, 401]}, {"key": "sole-expense", "type": "definition", "offset": [404, 416]}, {"key": "an-owner", "type": "clause", "offset": [418, 426]}, {"key": "policy-of-title-insurance", "type": "clause", "offset": [429, 454]}, {"key": "in-accordance-with", "type": "definition", "offset": [466, 484]}, {"key": "exceptions-to-title", "type": "clause", "offset": [519, 538]}, {"key": "the-permitted-exceptions", "type": "clause", "offset": [591, 615]}, {"key": "covenant-to", "type": "clause", "offset": [632, 643]}, {"key": "all-requirements", "type": "clause", "offset": [652, 668]}, {"key": "control-of", "type": "definition", "offset": [712, 722]}, {"key": "of-sellers", "type": "clause", "offset": [775, 785]}, {"key": "actions-required", "type": "clause", "offset": [820, 836]}, {"key": "by-sellers", "type": "clause", "offset": [853, 863]}, {"key": "pursuant-to-this-agreement", "type": "clause", "offset": [864, 890]}], "hash": "07da769a713ef6c7f8b8f7eac199a55e", "id": 8}, {"size": 4, "samples": [{"hash": "30BWILeUFTY", "uri": "/contracts/30BWILeUFTY#title-commitments", "label": "Member Interest Purchase and Sale Agreement (Dividend Capital Total Realty Trust Inc.)", "score": 21.6132793427, "published": true}, {"hash": "iRJgurQQVOV", "uri": "/contracts/iRJgurQQVOV#title-commitments", "label": "Member Interest Purchase and Sale Agreement (Istar Financial Inc)", "score": 21.5941143036, "published": true}], "snippet": "Purchaser acknowledges that a copy of a current commitment for title insurance or a preliminary title report with respect to the Real Property, together with copies of all documents of record referred to therein (the \u201cTitle Commitment\u201d) issued by First American on an ALTA 2006 Owner\u2019s Form or state promulgated form has been delivered or made available to Purchaser.", "snippet_links": [{"key": "a-copy-of", "type": "clause", "offset": [28, 37]}, {"key": "commitment-for-title-insurance", "type": "clause", "offset": [48, 78]}, {"key": "preliminary-title-report", "type": "definition", "offset": [84, 108]}, {"key": "with-respect-to", "type": "clause", "offset": [109, 124]}, {"key": "the-real-property", "type": "clause", "offset": [125, 142]}, {"key": "documents-of-record", "type": "clause", "offset": [172, 191]}, {"key": "title-commitment", "type": "clause", "offset": [218, 234]}, {"key": "issued-by", "type": "clause", "offset": [237, 246]}, {"key": "first-american", "type": "definition", "offset": [247, 261]}, {"key": "to-purchaser", "type": "definition", "offset": [354, 366]}], "hash": "60db3f2edb5ba883a26a89503095c9e0", "id": 9}, {"size": 3, "samples": [{"hash": "7bnfWDPfHmR", "uri": "/contracts/7bnfWDPfHmR#title-commitments", "label": "Joint Venture Agreement", "score": 30.3408622742, "published": true}, {"hash": "6fIAS7EXRyb", "uri": "/contracts/6fIAS7EXRyb#title-commitments", "label": "Master Agreement (Conagra Foods Inc /De/)", "score": 24.5455169678, "published": true}, {"hash": "eG4IScPg5WX", "uri": "/contracts/eG4IScPg5WX#title-commitments", "label": "Master Agreement (CHS Inc)", "score": 24.5208759308, "published": true}], "snippet": "Within 20 Business Days after the date hereof, the Parents will jointly retain one or more title companies to prepare title commitments for all of the Contributed Subsidiaries\u2019 Owned Real Property and each of the other properties set forth on Schedule 5.07(a)(i) (all such properties for which title commitments are received, the \u201cTitle Reviewed Properties\u201d). The title companies will be jointly selected by the Parents in good faith and will be reputable and of a size commensurate for the nature of the properties being evaluated. The Parents will direct the title companies to prepare the title commitments as promptly as reasonably practicable, and in any case within 30 Business Days of their retention. The Parents will share the costs of the title commitments as follows: 44% for each of Oracle and \u2587\u2587\u2587\u2587\u2587\u2587, and 12% for Iris.", "snippet_links": [{"key": "days-after", "type": "definition", "offset": [19, 29]}, {"key": "date-hereof", "type": "clause", "offset": [34, 45]}, {"key": "parents-will", "type": "clause", "offset": [51, 63]}, {"key": "title-companies", "type": "definition", "offset": [91, 106]}, {"key": "the-contributed-subsidiaries", "type": "clause", "offset": [147, 175]}, {"key": "owned-real-property", "type": "clause", "offset": [177, 196]}, {"key": "other-properties", "type": "clause", "offset": [213, 229]}, {"key": "on-schedule", "type": "definition", "offset": [240, 251]}, {"key": "the-title", "type": "definition", "offset": [360, 369]}, {"key": "in-good-faith", "type": "clause", "offset": [420, 433]}, {"key": "the-properties", "type": "clause", "offset": [501, 515]}, {"key": "business-days-of", "type": "clause", "offset": [675, 691]}, {"key": "costs-of", "type": "clause", "offset": [736, 744]}], "hash": "28d47d32570a7b28a3cf7ed73ce2d9a6", "id": 10}], "next_curs": "CloSVGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjYLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ihp0aXRsZS1jb21taXRtZW50cyMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"size": 202, "parents": [["definitions", "Definitions"], ["conditions-to-closing", "Conditions to Closing"], ["covenants", "Covenants"], ["title-and-survey-matters", "Title and Survey Matters"], ["sellers-obligations", "Seller\u2019s Obligations"]], "children": [["", ""], ["investigations-of-hazardous-substances", "Investigations of Hazardous Substances"], ["no-conflicts", "No Conflicts"], ["mechanics-and-materialmens-liens", "Mechanics\u2019 and Materialmen\u2019s Liens"], ["promotions", "Promotions"]], "title": "Title Commitments", "id": "title-commitments", "related": [["title-commitment", "Title Commitment", "Title Commitment"], ["title-commitment-and-survey", "Title Commitment and Survey", "Title Commitment and Survey"], ["title-policies", "Title Policies", "Title Policies"], ["title-policy", "Title Policy", "Title Policy"], ["title-insurance-and-surveys", "Title Insurance and Surveys", "Title Insurance and Surveys"]], "related_snippets": [], "updated": "2026-03-07T04:27:53+00:00"}, "json": true, "cursor": ""}}