Common use of Title Objections Clause in Contracts

Title Objections. If any of the following shall occur (collectively a "Title Objection"): (i) The Title Commitment or other evidence of title or search of the appropriate real estate records discloses that any party other than Seller has title to the Property covered by the Title Commitment; (ii) Any title exception is disclosed in Schedule B to the Title Commitment that is not one of the Permitted Encumbrances or one that Seller specifies when delivering the Title Commitment to Buyer as one that Seller will cause to be deleted from the Title Commitment concurrently with the Closing, including: (i) any exceptions that pertain to encumbrances securing any loans that will not be assumed by Buyer; and (ii) any exceptions that Buyer reasonably believes could materially or adversely affect Buyer's use and enjoyment of the Property; or (iii) Any Survey discloses any matter that Buyer reasonably believes could materially or adversely affect Buyer's use and enjoyment of the Property; then Buyer shall notify Seller in writing (the "Buyer's Notice") of such matters within ten (10) business days after receiving all of the Title Commitment, Survey and copies of Recorded Documents for the Property.

Title Objections. If any of the following shall occur (collectively collectively, a "Title Objection"): (i) The any Title Commitment or other evidence of title or search of the appropriate real estate records discloses that any party other than Seller has title to the Property insured estate covered by the Title Commitment; (ii) Any any title exception is disclosed in Schedule B to the any Title Commitment that is not one of the Permitted Encumbrances or one that Seller specifies when delivering the Title Commitment to Buyer as one that Seller will cause to be deleted from the Title Commitment concurrently with the ClosingReal Estate Encumbrances, including: including (iA) any exceptions that pertain to encumbrances Encumbrances securing any loans that will do not be assumed by Buyer; constitute an Assumed Liability and (iiB) any exceptions that render title unmarketable pursuant to the Oklahoma Title Examination Standards promulgated by the Oklahoma Bar Association or that Buyer reasonably believes could materially or and adversely affect Buyer's use and enjoyment of the PropertyReal Property described therein; or (iii) Any any Survey discloses any matter that Buyer reasonably believes could materially or and adversely affect Buyer's use and enjoyment of the PropertyReal Property described therein; then Buyer shall notify Seller in writing (the "Buyer's Notice") of such matters within ten twenty (1020) business days after receiving all of the Title Commitment, Survey and copies of Recorded Documents for the PropertyFacility covered thereby.

Title Objections. If any of the following shall occur (collectively a "Title Objection"): (i) The Title Commitment or other evidence of title or search of the appropriate real estate records discloses that any party other than Seller has title to the Property covered by the Title Commitment; (ii) Any title exception is disclosed in Schedule B to the Title Commitment that is not one of the Permitted Encumbrances or one that Seller specifies when delivering the Title Commitment to Buyer as one that Seller will cause to be deleted from the Title Commitment concurrently with the Closing, including: (i) any exceptions that pertain to encumbrances securing any loans that will not be assumed by Buyer; and (ii) any exceptions that Buyer reasonably believes could materially or adversely affect Buyer's use and enjoyment of the Property; or (iii) Any Survey discloses any matter that Buyer reasonably believes could materially or adversely affect Buyer▇▇▇▇▇'s use and enjoyment of the Property; then Buyer shall notify Seller in writing (the "Buyer's Notice") of such matters within ten (10) business days after receiving all of the Title Commitment, Survey and copies of Recorded Documents for the Property.