Title Policies and Surveys Sample Clauses

Title Policies and Surveys. (a) The Title Company shall be prepared, subject only to payment of the applicable premium and endorsement fees and delivery of all conveyance documents in recordable form, to issue title insurance policies to the Purchaser with respect to the applicable Properties, in form and substance reasonably satisfactory to the Purchaser in accordance with Section 2.4, together with such affirmative coverages as the Purchaser may reasonably require and shall have been determined by the Title Company as available prior to the expiration of the Review Period.
Title Policies and Surveys. The Merged Partnership has, prior to the date of this Agreement, furnished and delivered to the Surviving Partnership a copy of the most recent title policy issued with respect to the Property and a copy of the most recent survey of the Property.
Title Policies and Surveys. The Buyer, at its sole cost and expense, may procure owner’s title insurance commitments and title insurance policies (the “Title Policies”) from Lawyers Title Company with respect to the Owned Real Property and/or the Leased Real Property insuring title subject only to the Permitted Encumbrances and such other general title exceptions as may be raised by Lawyers Title Company; provided, that Buyer’s ability or inability to obtain title insurance from Lawyers Title Company on such Owned Real Property or such Leased Real Property shall not result in an adjustment to the Purchase Price. If Buyer requests extended coverage policies or any endorsements to the Title Policies, Buyer shall also be responsible for the cost of such extended coverage and endorsements and the delivery of any documentation required by the title company in connection with the issuance of such extended coverage and endorsements (including surveys and/or zoning reports), however, Sellers shall deliver the documentation required by the title company in connection therewith as described below in this Section 7.12. At Buyer’s request, the Sellers and their Affiliates shall cooperate with and assist Buyer with any reasonable request in Buyer’s efforts to obtain such Title Policies and shall execute and deliver to Lawyers Title Company (i) such affidavits, certificates and other documentation as are customary and reasonably requested to cause Lawyers Title Company to issue CLTA Standard title insurance policies for the Owned Real Property and/or the Leased Real Property, provided that no such cooperation or assistance and nothing in such affidavits, certificates or documentation shall require the Sellers or their Affiliates to incur any Liabilities or obligations to any Person that are not otherwise expressly set forth in this Agreement, and (ii) the owner’s affidavits, gap undertakings and, if required by Lawyers Title Company, real estate tax indemnity agreements, in the forms attached hereto as Exhibit S. In no event shall Sellers be obligated to seek estoppel certificates in connection with any of the Fuel Retail Leased Real Properties, the Xxxxxx Logistics and Marketing Terminals Pipeline Systems or the Xxxxxx Logistics and Marketing Terminals Pipeline Systems ROWs. Prior to Closing, the Buyer may, at its sole cost and expense, obtain and update any surveys pertaining to the Owned Real Property or the Leased Real Property; provided, however, that any such surveys and survey updates shall...
Title Policies and Surveys. Prior to the Closing Date, Perma-Fix shall have received the title insurance policies and surveys pursuant to Sections 8.8, 8.9, 8.10 and 8.11 hereof.
Title Policies and Surveys. Buyer, at its sole cost and expense, may procure owner's title insurance commitments and title insurance policies from a title company or companies of its choice with respect to the fee owned Real Property and/or the insuring of title subject only to the Permitted Encumbrances and such other general title exceptions as may be raised by the title company(s); provided, that Buyer's ability or inability to obtain title insurance on such Real Property shall not result in an adjustment to the Purchase Price or delay of the Closing Date. If Buyer requests extended coverage policies or any endorsements to the title policies, Buyer shall also be responsible for the cost of such extended coverage and endorsements and the delivery of any documentation required by the title company in connection with the issuance of such extended coverage and endorsements (including surveys and/or zoning reports), however, Seller shall deliver the documentation required by the title company in connection therewith as described below. At Buyer's request, Seller and its Affiliates shall cooperate with and assist Buyer with any reasonable request in Buyer's efforts to obtain such title policies and shall execute and deliver to Buyer's title company such affidavits, certificates and other documentation as are customary and reasonably requested to cause the title company(s) to issue standard coverage title insurance policies for the Real Property, provided that no such cooperation or assistance and nothing in such affidavits, certificates or documentation shall require Seller or its Affiliates to incur any additional liabilities or obligations to any Person that are not otherwise expressly set forth in this Agreement. Prior to Closing, the Buyer may, at its sole cost and expense, obtain and update any surveys pertaining to the Real Property.
Title Policies and Surveys. (a) The Title Company shall be prepared, subject only to payment of the applicable premium and delivery of all conveyance documents, to issue the title policies pursuant to the Title Commitments (as modified in the form of the xxxx-ups attached as Schedule H and Schedule I attached hereto) with respect to the Properties for which a Closing is occurring on the initial Closing Date hereunder, and otherwise in accordance with Section 2.3, including, without limitation, the provisions thereof relating to preparing and agreeing to revised Title Commitments for the Properties for which a Closing is occurring other than on the initial Closing Date hereunder.
AutoNDA by SimpleDocs
Title Policies and Surveys. The Contributors have, prior to the date of this Agreement, furnished and delivered to the Partnership a copy of the most recent title policy issued with respect to the Real Property and a copy of the most recent survey of the Property.
Title Policies and Surveys. A copy of Owner's most recent owner's title policy on the Property, all endorsements to such policy, and (to the extent in Owner's
Title Policies and Surveys. (a) MedCath Party shall cause the Title Company to issue and deliver to St. David’s as of the Closing Date a commitment from the Title Company to issue an ALTA owner’s policy of title insurance, Form B, with extended coverage, for the MedCath Party Real Property (which shall include leasehold policies with respect to those portions of such MedCath Party Real Property leased by MedCath Party Affiliates), together with improvements, buildings and fixtures thereon, in amounts equal to the reasonable value assigned to such MedCath Party Real Property by the parties and in the customary form prescribed for use in the State of Texas, but with any creditors’ rights exception and any mandatory arbitration provision deleted therefrom (unless such deletion would not be customary under local practice). MedCath Party agrees to provide such information as the Title Company may reasonably require in order to delete the creditors’ rights exception. The commitment will provide for the issuance of a title insurance policy (or policies) to St. David’s, as of Closing, which policies shall insure fee simple title to MedCath Party Real Property owned by MedCath Party or any MedCath Party Affiliate and leasehold title to that portion of such MedCath Party Real Property leased by MedCath Party or any MedCath Party Affiliate subject only to Permitted MedCath Party Encumbrances. MedCath Party agrees to deliver any information as may be required by the Title Company under the requirements section of the title insurance commitment or otherwise in connection with the issuance of a title insurance policy to St. David’s. MedCath Party also agrees to provide an affidavit of title and/or such other information as the Title Company may reasonably require in order for the Title Company to insure over the “gap” (i.e., the period of time between the effective date of the Title Company’s last bringdown of title to such MedCath Party Real Property and the Closing Date) and to use commercially reasonable efforts to cause the Title Company to delete all standard exceptions from the final title insurance policy.
Time is Money Join Law Insider Premium to draft better contracts faster.