Common use of Title Policy Clause in Contracts

Title Policy. The Title Company shall be prepared to issue, upon payment of the title premium at its regular rates, a title policy in the amount of the Purchase Price, insuring title to the Property is vested in the Purchaser or its designee or assignee, subject only to the Permitted Exceptions, with such endorsements as shall be reasonably required by the Purchaser.

Appears in 67 contracts

Samples: Purchase and Sale Agreement (Senior Housing Properties Trust), Purchase and Sale Agreement (Senior Housing Properties Trust), Purchase and Sale Agreement (HRPT Properties Trust)

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Title Policy. The Title Company shall be prepared to issue, upon payment of the title premium at its regular rates, a title policy in the amount of the Purchase Price, insuring title to the Property is vested in the Purchaser or its designee or assigneecommitted, subject only to payment of its usual and customary premium at the Permitted ExceptionsClosing, with such endorsements as shall be reasonably required by to issue a title policy to Purchaser insuring that fee simple title to the Real Property on which the Facility is located is vested in Purchaser.

Appears in 9 contracts

Samples: Purchase and Sale Agreement (Adcare Health Systems Inc), Purchase and Sale Agreement (Adcare Health Systems Inc), Purchase and Sale Agreement (Adcare Health Systems Inc)

Title Policy. The Title Company shall be prepared to issue, upon payment of the title premium at its regular rates, a title policy in the amount of the Purchase Price, insuring title to the Property is vested in the Purchaser or its designee or assigneecommitted, subject only to payment of its usual and customary premium at the Permitted ExceptionsClosing, with such endorsements as shall be reasonably required by to issue a title policy to Purchaser insuring that fee simple title to the Real Properties on which the owned Facilities are located is vested in Purchaser.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Adcare Health Systems Inc), Escrow Agreement (Adcare Health Systems Inc), Purchase and Sale Agreement (Adcare Health Systems, Inc)

Title Policy. The Upon recordation of the Deed and payment of the title insurance premiums, Title Company shall be prepared committed to issue, upon payment of issue the title premium at its regular rates, a title policy in the amount of the Purchase Price, insuring title Title Policy to the Property is vested in the Purchaser or its designee or assignee, subject only to the Permitted Exceptions, with such endorsements as shall be reasonably required by the Purchaser.

Appears in 3 contracts

Samples: Agreement of Purchase and Sale (RREEF Property Trust, Inc.), Agreement of Purchase and Sale (Talon Real Estate Holding Corp.), Agreement of Purchase and Sale (Centene Corp)

Title Policy. The Title Company shall be prepared to issue, upon payment of the title premium at its regular ratespremium, a title policy in the aggregate amount of the Purchase PricePrice (as same may be allocated as provided in Section 2.1, above), insuring title to the each Property is vested in the Purchaser or its permitted designee or assignee, subject only to the Permitted Exceptions, with such endorsements as . Seller shall not be reasonably required by responsible for payment of any additional title premium due to Purchaser’s allocation of the PurchaserPurchase Price between the Properties.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Cornerstone Core Properties REIT, Inc.), Purchase and Sale Agreement (Cornerstone Core Properties REIT, Inc.)

Title Policy. The Title Company shall be unconditionally prepared to issue, upon payment issue the Title Policy in the name of the title premium at Purchaser or its regular ratesdesignee, a title policy in the amount of the Purchase Price, insuring title to the Property is vested in the Purchaser or its designee or assignee, subject only to the Permitted Exceptions, with such endorsements as shall be reasonably required by the Purchaser.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Jacobs Entertainment Inc), Asset Purchase Agreement (Jacobs Entertainment Inc)

Title Policy. The Upon recordation of the Deed and payment of the title insurance premiums, the Title Company shall be prepared irrevocably committed to issue, upon payment issue to Purchaser an Owner’s Policy of the title premium at its regular rates, a title policy in the amount of the Purchase Price, insuring title to the Property is vested in the Purchaser or its designee or assignee, Title Insurance subject only to the Permitted Exceptions, with such endorsements as shall be reasonably required by the Purchaser.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (Industrial Income Trust Inc.), Agreement of Purchase and Sale (Industrial Income Trust Inc.)

Title Policy. The Title Company shall be prepared prepared, subject only to issue, upon payment of the usual and customary premium, to issue one or more title premium at its regular rates, a title policy in insurance policies to the amount of the Purchase PricePurchaser, insuring title to the Property Properties is vested in the Purchaser or its designee or assigneePurchaser, subject only to the Permitted Exceptions, or such other exceptions as may be approved by the Purchaser in accordance with Section 3.2, with such endorsements as shall be reasonably required by the PurchaserPurchaser and otherwise in form and substance consistent with the Title Commitment (collectively, the “Title Policy”).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Five Star Quality Care Inc)

Title Policy. The Title Company shall be prepared willing to issue, upon payment of insure title to the title premium at its regular rates, a title policy Property pursuant to the Title Policy in the amount of the Purchase Price, insuring title to the Property is vested in the Purchaser or its designee or assignee, subject only to the Permitted Exceptions, with such endorsements as shall be reasonably required by the Purchaser.

Appears in 1 contract

Samples: Purchase and Sale Agreement

Title Policy. The Title Company shall be prepared prepared, subject only to issue, upon payment of the title premium at its regular ratesusual and customary premium, to issue a title insurance policy in to the amount of the Purchase PricePurchaser, insuring title to the Property Properties is vested in the Purchaser or its designee or assigneePurchaser, subject only to the Permitted Exceptions, with such endorsements as shall be reasonably required by the Purchaser.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Five Star Quality Care Inc)

Title Policy. The Title Company shall be prepared to issue, upon payment of the title premium at its regular ratesand charges therefor, a title policy standard form Owner’s Title Policy in the amount of the Purchase Price, insuring title to Price in accordance with the Property is vested in the Purchaser or its designee or assignee, Title Commitment subject only to the Permitted Exceptions, Encumbrances and otherwise as described in and in accordance with such endorsements as shall be reasonably required by Paragraph 4(a) of this Agreement (the Purchaser“Title Policy”).

Appears in 1 contract

Samples: Agreement of Sale (Hines Real Estate Investment Trust Inc)

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Title Policy. The Title Company shall be prepared to issue, upon payment of the title premium at its regular rates, a title policy in the amount of the Purchase Price, insuring title to the Property is vested in the Purchaser or its designee or assigneecommitted, subject only to payment of its usual and customary premium at the Closing, to issue a title policy to Purchaser insuring that fee simple title to the Real Properties on which the owned Facilities are located is vested in Purchaser, subject to Permitted Exceptions, with such endorsements as shall be reasonably required by the Purchaser.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Adcare Health Systems Inc)

Title Policy. The Title Company shall be prepared to issue, upon payment of the title premium at its regular ratestherefor, a title policy the Title Policy in the amount of the Purchase Price, insuring title to Price in accordance with the Property is vested in the Purchaser or its designee or assignee, Title Commitment subject only to the Permitted Exceptions, Encumbrances and otherwise as described in and in accordance with such endorsements as shall be reasonably required by Paragraph 4(a) of this Agreement (the Purchaser.“Title Policy”);

Appears in 1 contract

Samples: Agreement of Sale (Hines Real Estate Investment Trust Inc)

Title Policy. The Title Company shall be prepared to issue, upon payment of the title premium at its regular ratespremium, a one or more title policy policies in the aggregate amount of the Purchase PricePrice (as same may be allocated as provided in Section 2.1, above), insuring title to the each Property is vested in the tie Purchaser or its permitted designee or assignee, subject only to the Permitted Exceptions, with such endorsements as Exceptions Seller shall not be reasonably required by responsible for payment of any additional title premium due to Purchaser’s allocation of the PurchaserPurchase Price between the Properties.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Cornerstone Realty Fund LLC)

Title Policy. The Title Company shall be prepared to issue, upon payment of the title premium at its regular rates, a title policy in the amount of the Purchase Price, insuring title to the Property is vested in the Purchaser or its designee or assigneecommitted, subject only to payment of its usual and customary premium at the Permitted ExceptionsClosing, with such endorsements as shall be reasonably required by to issue a title policy to Purchaser insuring that fee simple title to the Real Property on which the Facilities are located is vested in Purchaser.

Appears in 1 contract

Samples: Escrow Agreement (Global Healthcare Reit, Inc.)

Title Policy. The Title Company shall be prepared to issue, upon payment of the title premium at its regular ratespremium, a standard owner’s title policy in the aggregate amount of the Purchase PricePrice (as same may be allocated as provided in Section 2.1, above), insuring title to the Property is vested in the Purchaser or its designee or assigneePurchaser, subject only to the Permitted Exceptions, with such endorsements as shall be reasonably required by the Purchaser.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Cornerstone Core Properties REIT, Inc.)

Title Policy. The Title Company shall be prepared to issue, upon payment of the title premium at its regular rates, a title policy in the amount of the Allocable Purchase PricePrice for each Property, insuring title to the such Property is vested in the Purchaser or its designee or assignee, subject only to the Permitted Exceptions, with such endorsements as shall be reasonably required by the Purchaser.

Appears in 1 contract

Samples: Purchase and Sale Agreement (HRPT Properties Trust)

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