Common use of Title Policy Clause in Contracts

Title Policy. On the Closing Date, the Title Company shall be unconditionally obligated and prepared, subject to the payment of the applicable title insurance premium and other related charges, to issue to Buyer the Title Policy in accordance with the requirements of Section 3.2.

Appears in 8 contracts

Samples: Purchase and Sale Agreement and Joint Escrow Instructions (Griffin-American Healthcare REIT IV, Inc.), Purchase and Sale Agreement (NorthStar Healthcare Income, Inc.), Purchase and Sale Agreement and Joint Escrow Instructions (Griffin-American Healthcare REIT IV, Inc.)

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Title Policy. On the Closing Date, the Title Insurance Company shall be unconditionally obligated and prepared, subject to the payment of the applicable title insurance premium and other related charges, to issue to Buyer the Title Policy in accordance with the requirements of Section 3.2Policy.

Appears in 5 contracts

Samples: Purchase and Sale Agreement and Joint Escrow Instructions (Healthcare Trust of America, Inc.), Purchase and Sale Agreement and Joint Escrow Instructions (Healthcare Trust of America, Inc.), Purchase and Sale Agreement and Joint Escrow Instructions (Healthcare Trust of America, Inc.)

Title Policy. On the Closing DateAs a condition to Buyer's obligation to close, the Title Company shall be unconditionally obligated and prepared, subject to the payment of the applicable title insurance premium and other related charges, irrevocably committed to issue to Buyer the Title Policy, issued by the Title Company as of the date and time of the recording of the Deed, in the amount of the Purchase Price, insuring Buyer as owner of good and indefeasible fee simple title to the Property, and subject only to the Permitted Exceptions. The Title Policy may be delivered after Closing if that is customary in accordance with the requirements of Section 3.2locality.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Novellus Systems Inc), Purchase and Sale Agreement (Speedfam Ipec Inc)

Title Policy. On the Closing Date, The Title Company must be irrevocably committed to issuing the Title Company shall be unconditionally obligated and preparedPolicy at Closing in an amount up to the Purchase Price, subject to Permitted Encumbrances, and otherwise in the payment of the applicable title insurance premium and other related chargesform reasonably agreed upon by Purchaser pursuant to Section 2.01(a), to issue to Buyer the Title Policy in accordance with the requirements of Section 3.2above.

Appears in 1 contract

Samples: Purchase and Sale Agreement (iMedia Brands, Inc.)

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Title Policy. On As of the Closing Date, the Title Company shall be unconditionally obligated and prepared, subject to the payment of the applicable title insurance premium and other related charges, to issue to Buyer the Title Policy without exception to any deed of trust encumbering the Real Property except as created by Buyer and otherwise in accordance with the requirements of Section 3.23(b)(i).

Appears in 1 contract

Samples: Purchase and Sale Agreement (NorthStar Healthcare Income, Inc.)

Title Policy. On the Closing Date, the Title Company shall be unconditionally obligated prepared and prepared, subject to the payment of the applicable title insurance premium and other related charges, committed to issue to Buyer the Owner’s Title Policy in accordance with the requirements amount of Section 3.2.the Purchase Price insuring fee simple title to the Property vested in Purchaser, subject only to the Permitted Exceptions;

Appears in 1 contract

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

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