Title Review and Approval Sample Clauses

Title Review and Approval. Seller shall cause the Title Company ------------------------- to issue to Buyer a preliminary title report (or a commitment for title insurance, if the Real Estate is located in a state where title insurers do not issue preliminary title reports) (in either case, the "Report") covering the condition of title to the Real Estate. Unless Buyer gives Seller written notice, within ten days after receiving the Report, objecting to matters shown in the Report, Buyer will be considered to have approved the condition of title as shown in the Report. If Buyer so objects to any matter (each, a "Disapproved Matter") shown in the Report, Seller will have 30 days after receiving Buyer's written objection in which to remove the Disapproved Matter from record title or to obtain the Title Company's agreement to issue an appropriate endorsement to the Title Policy. If Seller is unable or unwilling to remove the Disapproved Matter from record title or to obtain the Title Company's agreement, Seller may terminate this Agreement by giving a termination notice to Buyer and Escrow Holder within the 30-day period. If Seller so terminates this Agreement, Seller shall pay all escrow and title cancellation charges; Escrow Holder shall return the Deposit to Buyer; and neither party will have any further obligation to the other under this Agreement. The term "Permitted Exception" means each matter shown in the Report that (i) is not a Disapproved Matter or (ii) is a Disapproved Matter for which Seller has obtained the Title Company's agreement to issue an appropriate endorsement to the Title Policy.
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Title Review and Approval. (a) Seller shall deliver to Buyer within five days after the Effective Date (i) a Commitment for issuance of a Title Insurance Policy with copies of all recorded instruments affecting the Property and recited as exceptions in such Commitment for Title Insurance (collectively, the “Commitment”), (ii) reports of searches made under Seller’s name in the Uniform Commercial Code records of the county in which the Property is located, the Secretary of State of the state in which the Property is located, and the Secretary of State of the state in which Seller is organized (collectively, “UCC Reports”), and (iii) a current “as built” survey (or an update of an existing “as built” survey) (the “Survey”) of the Property made on the ground by a registered professional land surveyor that conforms to the current requirements of an ALTA/ACSM Land Title Surveys as adopted by the American Land Title Association and American Congress on Surveying and Mapping. The Survey shall be certified to Buyer using the form of certificate attached as Exhibit H.
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Title Review and Approval. Seller shall cause the Title Company ------------------------- to issue to Buyer a preliminary title report (or a commitment for title insurance, if the Real Estate is located in a state where title insurers do not issue preliminary title reports) (in either case, the "Report") covering the condition of title to the Real Estate. Unless Buyer gives Seller written notice, within ten days after receiving the Report, objecting to matters shown in the Report, Buyer will be considered to have approved the condition of title as shown in the Report. If Buyer so objects to any matter (each, a "Disapproved Matter") shown in the Report, Seller will have 30 days after receiving Buyer's written objection in which to remove the Disapproved Matter from record title or to obtain the Title Company's agreement to issue an appropriate endorsement to the Title Policy. If Seller is unable or unwilling to remove the Disapproved Matter from record title or to obtain the Title
Sample 1
Title Review and Approval. (a) Seller shall deliver to Buyer within fifteen (15) days after the Effective Date (i) a Commitment for Title Insurance from the Title Company with copies of all recorded instruments affecting the Property and recited as exceptions in said Commitment for Title Insurance (collectively, the “Commitment”) and (ii) a
Sample 1
Title Review and Approval. Purchaser acknowledges that it has received and reviewed a preliminary title report (Second Amended) dated as of March 10, 1999, prepared by Chicago Title Company, Order No. 804852 ("Preliminary Title Report") showing the state of the title of the Property. Purchaser accepts and approves of title exception numbers 1-15 as shown on the Preliminary Title Report. For purposes of this Agreement, the term "Permitted Exceptions" shall mean (i) those title exceptions applicable to the Property which are accepted by Purchaser in accordance with the terms of this Section 2.2, (ii) the Sublease, and (iii) all title matters to the extent arising from the acts of Purchaser or its agents, employees or representatives. Seller shall have no obligation to cure or cause to be removed any title objections except any deed of trust or mortgage entered into by Seller encumbering the Property and any exceptions or encumbrances to title which are created or caused voluntarily by Seller after the date of this Agreement, which liens, exceptions or encumbrances Seller shall cause to be released or effectively insured over at the Closing. If Seller fails or refuses to remove or cure any title matter that Seller expressly agrees to remove or cure, then Seller shall be in material breach of its obligations under this Agreement.
Sample 1
Title Review and Approval. Seller shall cause the Title Company ------------------------- to issue to Buyer a preliminary title report (or a commitment for title insurance, if the Real Estate is located in a state where title insurers do not issue preliminary title reports) (in either case, the "Report") covering the condition of title to the Real Estate. Unless Buyer gives Seller written notice, within ten days after receiving the Report, objecting to matters shown in the Report, Buyer will be considered to have approved the condition of title as shown in the Report. If Buyer so objects to any matter (each, a "Disapproved Matter") shown in the Report, Seller will have 30 days after receiving Buyer's written objection in which to remove the Disapproved Matter from record title or to obtain the Title
Sample 1
Title Review and Approval. (a) Seller shall use commercially reasonable efforts deliver to Purchaser within five days after the Effective Date (i) a Commitment for Title Insurance with copies of all recorded instruments affecting the Real Property and recited as exceptions in such Commitment for Title Insurance (collectively, the “Commitment”) and (ii) a current survey (or an update of an existing survey) (the “Survey”) of the Real Property made on the ground by a registered professional land surveyor that conforms to the current requirements of an ALTA/ACSM Land Title Surveys as adopted by the American Land Title Association and American Congress on Surveying and Mapping. The Survey shall be certified to Purchaser using a form of certificate reasonably acceptable to Purchaser. Purchaser acknowledges that the legal description for the Real Property is in the process of being revised and Seller will update the Commitment as soon as reasonably practicable to reflect the amended legal description.
Sample 1
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Title Review and Approval 
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Related to Title Review and Approval

  • Review and Approval Documents specified above must be submitted for review and approval by CITY Purchasing and Contracts prior to the commencement of work by CONTRACTOR. Neither approval by CITY nor failure to disapprove the insurance furnished by CONTRACTOR shall relieve CONTRACTOR of CONTRACTOR’S full responsibility to provide the insurance required by this Contract. Compliance with the insurance requirements of this Contract shall not limit the liability of CONTRACTOR or its sub-contractors, employees or agents to CITY or others, and shall be in addition to and not in lieu of any other remedy available to CITY under this Contract or otherwise. CITY reserves the right to request and review a copy of any required insurance policy or endorsement to assure compliance with these requirements.

  • Review and Appeal (a) Each Party shall establish or maintain judicial, quasi-judicial, or administrative tribunals or procedures for the purpose of the prompt review and, where warranted, correction of final administrative actions regarding matters covered by this Treaty. Such tribunals shall be impartial and independent of the office or authority entrusted with administrative enforcement and shall not have any substantial interest in the outcome of the matter.

  • Title Review Seller shall be obligated to clear any and all encumbrances of title of an ascertainable monetary amount (“Seller Liens”), which Seller’s Liens Seller shall cause to be satisfied and or released at or prior to Closing (with Seller having the right to apply the Purchase Price or a portion thereof for such purpose). Notwithstanding the foregoing, prior to the Due Diligence Date, Purchaser shall give notice (“Purchaser’s Title Notice”) to Seller of the existence of any encumbrances and defects in title to which Purchaser objects and that are not Permitted Encumbrances (“Title Objections”). Seller shall, within five (5) business days from receipt of Purchaser’s Title Notice, notify Purchaser of those Title Objections that Seller elects not to attempt to remove or correct, provided that failure of Seller to give said notice shall be deemed to mean that Seller shall remove or correct all of Purchaser’s Title Objections. In the event Seller elects to attempt to remove or correct Title Objections(s) and by the later of the Due Diligence Date or the date which is thirty (30) business days following Seller’s receipt of Purchaser’s Title Notice, Seller has not arranged for removal or correction of said Title Objections, then Purchaser shall either (i) terminate this Agreement in which event the Deposit shall be returned to Purchaser and the parties hereto shall have no further rights or obligations hereunder, except for rights and obligations which, by their terms, survive the termination hereof, or (ii) accept the condition of the title to the Property as it then is, without diminution of the Purchase Price. If Purchaser fails to elect (i) above, then Purchaser shall be deemed to have elected (ii) above. Encumbrances and defects to title that are not included in Purchaser’s Title Objections and those Title Objections that are accepted pursuant to this subsection shall be deemed to be Permitted Encumbrances. Notwithstanding anything herein to the contrary, Seller’s Liens shall not be deemed Permitted Encumbrances. Recording fees for recording documents to discharge Title Objections and Seller’s Liens shall be borne by Seller.

  • Title and Survey Review The condition of the title to the Properties. Prior to the Effective Date, Seller has provided to Buyer an ALTA title report or commitment for title insurance (individually, a “Title Commitment” and collectively, the “Title Commitments”) prepared by First American Title Insurance Company (the “Title Company”) with respect to each Real Property. Buyer may request from the Title Company an updated Title Commitment, together with copies of all documents referred to therein, for any or all of the Properties. Prior to the Effective Date, Seller has provided to Buyer a copy of an existing survey of each Property, and Buyer may, at Buyer’s sole cost and expense, obtain an update of each survey (the “Surveys”). It shall be a condition to Closing that the Title Company shall be committed to issue to Buyer an ALTA extended coverage Owner’s Policy of Title Insurance for each Property, in an amount equal to the Allocated Purchase Price and insuring title to each Property is vested in Buyer, subject only to the “Permitted Exceptions” (as hereinafter defined) and including only the “Endorsements” (as hereinafter defined) (individually and collectively, the “Title Policy”). The following matters shall be deemed “Permitted Exceptions”: all matters disclosed by the Title Commitments other than (A) those matters which the Title Company has removed from the Title Commitment by written supplement and (B) those “Mandatory Cure Items” (as hereinafter defined). “Mandatory Cure Items” shall mean (1) those matters which Seller has agreed in writing to cause to be removed at or before Closing in accordance with, and subject to, Paragraph 3(c), (2) any mortgages, deeds of trust or other similar encumbrance evidencing outstanding indebtedness voluntarily created by Seller which can be satisfied by the payment of an ascertainable amount of money, and (3) any mechanic’s, materialman’s or broker’s liens filed against a Property as a result of Seller’s acts or omissions (e.g., failure to pay) which can be satisfied by the payment of an ascertainable amount of money. The “Endorsements” shall include only those endorsements which, prior to the expiration of the Due Diligence Period, the Title Company has agreed in writing to include in the applicable Title Policy or Seller has agreed in writing to cause to be included in such Title Policy;

  • Due Diligence Review; Information The Company shall make available, during normal business hours, for inspection and review by the Investors, advisors to and representatives of the Investors (who may or may not be affiliated with the Investors and who are reasonably acceptable to the Company), all financial and other records, all SEC Filings (as defined in the Purchase Agreement) and other filings with the SEC, and all other corporate documents and properties of the Company as may be reasonably necessary for the purpose of such review, and cause the Company’s officers, directors and employees, within a reasonable time period, to supply all such information reasonably requested by the Investors or any such representative, advisor or underwriter in connection with such Registration Statement (including, without limitation, in response to all questions and other inquiries reasonably made or submitted by any of them), prior to and from time to time after the filing and effectiveness of the Registration Statement for the sole purpose of enabling the Investors and such representatives, advisors and underwriters and their respective accountants and attorneys to conduct initial and ongoing due diligence with respect to the Company and the accuracy of such Registration Statement. The Company shall not disclose material nonpublic information to the Investors, or to advisors to or representatives of the Investors, unless prior to disclosure of such information the Company identifies such information as being material nonpublic information and provides the Investors, such advisors and representatives with the opportunity to accept or refuse to accept such material nonpublic information for review and any Investor wishing to obtain such information enters into an appropriate confidentiality agreement with the Company with respect thereto.

  • Authorization, Approval, etc No authorization, approval, or other action by, and no notice to or filing with, any governmental authority, regulatory body or any other Person is required either

  • Final Approval Hearing “Final Approval Hearing” shall mean the hearing at which the Court will consider and finally decide whether to enter the Final Judgment.

  • Final Approval Order 62. The Parties shall jointly seek entry of a Final Approval Order, the text of which the Parties shall agree upon. The dismissal orders, motions or stipulation to implement this Section shall, among other things, seek or provide for a dismissal with prejudice and waiving any rights of appeal.

  • Requisite Regulatory Approvals All Consents required to be obtained from or made with any Governmental Authority in order to consummate the transactions contemplated by this Agreement shall have been obtained or made.

  • Project Review A. Programmatic Allowances

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