DDS Title Policy definition
Examples of DDS Title Policy in a sentence
The Sellers shall have satisfied all Seller requirements set forth in that certain Commitment for Title Insurance, Commitment Number 102316 issued by Chicago Title Insurance Company dated August 14, 2020, a copy of which has been provided to the Sellers (the “Title Commitment”), such that notwithstanding the satisfaction of any other requirements of the Title Company, the Title Company shall be committed to issue to Company the HPS Title Policy and DDS Title Policy.
Except as set forth on Company Disclosure Schedule 4.6(a)(ii) and in the DDS Title Policy, DDS has good and indefeasible, fee simple title in and to the DDS Transferred Real Property, free and clear of all Liens other than Permitted Encumbrances.
Prior to the Closing Date, the Company, DDS and HPS shall use commercially reasonable efforts (but excluding making payments to any third party or incurring any obligation to provide indemnification) to deliver to Buyer all documentation the Title Company may reasonably request in order to be committed to issue to the Company the DDS Title Policy and HPS Title Policy, as applicable.