Existing Title Exceptions definition

Existing Title Exceptions means as to the Existing Title Policy, the exceptions set forth in such Existing Title Policy.
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Existing Title Exceptions means (i) all of the exceptions to title that may be set forth in the Title Commitment and (ii) matters shown on the Existing Survey or the Survey that indicate the existence of encumbrances, encroachments and other matters affecting title not listed in the Title Commitment.
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Existing Title Exceptions means all zoning and land use laws, codes and regulations, liens, easements, encumbrances, leases and other restrictions of public record affecting Seller’s Good and Marketable Fee Simple Title to the Property on the Effective Date, but including matters of survey.
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Examples of Existing Title Exceptions in a sentence

  • With the exception of any “Monetary Encumbrances,” as defined herein, Seller shall have no obligation to take any action whatsoever to cure any objections by Purchaser to the condition of Seller’s title which are Existing Title Exceptions.

  • Any Existing Title Exceptions to which the Purchaser does not object within the 30-day period provided herein (other than Monetary Encumbrances) shall become Permitted Title Exceptions at the end of such 30-day period.

  • The following factors can be taken into consideration in order to promote retention.1. Meaningfulness of materials to be learnt.2. Use of multi-sensory approach.3. Use of appropriate teaching and learning materials that engender pupils’ participation in lessons.

  • Existing Title Exceptions shall also include all zoning and land use laws, codes and regulations, liens, easements, encumbrances, leases and other restrictions of public record affecting Seller’s Good and Marketable Fee Simple Title to the Property on the Effective Date, including matters of survey.

  • Not later than November 23, 2021, the Purchaser shall deliver to the Seller a statement of any objections to the Seller's title (including the Existing Title Exceptions) and the Seller shall have the right (but not the obligation) within a reasonable time thereafter in which to cure any such objections.

  • If Purchaser fails to notify Seller of any objections, other than the Existing Title Exceptions, to the marketability of title disclosed by the Title Commitment prior to the end of the Initial Examination Period, Purchaser shall be deemed to have accepted the state of title as of the date of this Contract, subject to subparagraph 6(b) hereof.

  • Except for those encumbrances and title exceptions set forth in Exhibit "B" attached hereto and made a part hereof by this reference (the "Existing Title Exceptions"), Seller hereby represents and warrants to Purchaser that Seller owns good and marketable fee simple title in and to the Property free and clear of all liens, assessments, easements, encroachments, reservations, restrictions, covenants, encumbrances and other limitations.

  • The last paragraph of Section 3(b) of the Original Agreement is amended and restated in its entirety as follows: On or before October 10, 2003, Buyer shall notify Seller of any items in the Title Commitment or Survey (other than the Existing Title Exceptions and those items identified in Sections 3(b)(ii), 3(b)(iii), 3(b)(v) and 3(b)(vi)) which are unsatisfactory to Buyer in its sole and absolute discretion (the “Objections”).

  • Except with Buyer's prior written ------------------------ consent, neither Seller nor the Companies will agree to any amendment or modification of, any supplement to, or any termination or surrender of, or any waiver of any rights of the Companies under, any of the Certificates, the Operating Agreements, Existing Title Exceptions or the Leases.

  • Landlord may prepare for eventual recordation against the Property and other adjacent land comprising the Project a Declaration of Covenants, Conditions, Restrictions and Reciprocal Easements (the “Declaration”), which may supplement or supersede any similar instrument included within the Existing Title Exceptions.


More Definitions of Existing Title Exceptions

Existing Title Exceptions. The matters set forth on Exhibit "B" attached hereto.
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Existing Title Exceptions shall have the meaning set forth in Section 3(b)(i) hereof.
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Existing Title Exceptions means the documents, instruments and other matters listed and described in Schedule B of the Existing Title Policies.
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Related to Existing Title Exceptions

  • Permitted Title Exceptions means those exceptions to title to the Real Property that are satisfactory to the Acquiror as determined pursuant to Section 2.2.

  • Existing Title Policy means, the existing title insurance policy for the Property.

  • Permitted Exceptions shall have the meaning set forth in Section 4.3.

  • Permitted Exception means that, with respect to any representation, warranty or covenant with respect to the interest of the Buyer and its assignees in the ARSC Purchased Assets or any Servicer Default, that (i) prior to recordation (A) pursuant to Section 8.3 of this Agreement and/or Section 2.01(d)(i) of the Transfer and Servicing Agreement or (B) upon the sale of a Home to an Ultimate Buyer, record title to such Home may remain in the name of the related Transferred Employee, and no recordation in real estate records of any mortgage or any conveyance pursuant to the related Home Purchase Contract or Home Sale Contract in favor of any Transaction Party or any of the Buyer’s assignees and assigns pursuant to the Receivables Purchase Agreement will be made except as otherwise permitted under Section 2.01(d)(i) of the Transfer and Servicing Agreement and (ii) no delivery of any Home Purchase Contracts, Home Deeds and Equity Loan Notes to any custodian will be required.

  • Title Objections has the meaning ascribed to such term in Section 6.2(a).

  • Equitable Exceptions means, with respect to the enforceability of any obligation, that such obligation is subject to (a) applicable bankruptcy, insolvency, moratorium, receivership, assignment for the benefit of creditors or other similar state or federal laws affecting the rights and remedies of creditors generally (including, without limitation, fraudulent conveyance or transfer laws) and judicially developed doctrines in this area, such as equitable subordination and substantive consolidation of entities and (b) equitable principles (whether considered in a proceeding in equity or at law).

  • Owner’s Title Policy means those certain ALTA extended coverage owner’s policies of title insurance issued in connection with the closing of the Mortgage Loan insuring the Mortgage Borrower as the owner of the Property.

  • Title Objection shall have the meaning assigned thereto in Section 8.5.

  • Permitted Encumbrances means:

  • Title V means Title V of the federal Act for the Senior Community Service Employment Program for Older Americans.

  • Title Documents shall have the meaning set forth in Section 4.1.

  • Title Policies has the meaning set forth in Section 6.17.

  • Existing Survey means the existing ALTA survey of the Property.

  • Title Policy shall have the meaning set forth in Section 4.2.

  • Permitted Real Property Encumbrances means (i) those liens, encumbrances and other matters affecting title to any Mortgaged Property listed in the applicable title policy in respect thereof (or any update thereto) and found, on the date of delivery of such title policy to the Administrative Agent in accordance with the terms hereof, reasonably acceptable by the Administrative Agent, (ii) as to any particular real property at any time, such easements, encroachments, covenants, restrictions, rights of way, minor defects, irregularities or encumbrances on title which do not, in the reasonable opinion of the Administrative Agent, materially impair such real property for the purpose for which it is held by the mortgagor or owner, as the case may be, thereof, or the Lien held by the Administrative Agent, (iii) municipal and zoning laws, regulations, codes and ordinances, which are not violated in any material respect by the existing improvements and the present use made by the mortgagor or owner, as the case may be, of such real property, (iv) general real estate taxes and assessments not yet delinquent, and (v) such other items as the Administrative Agent may consent to.

  • Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.

  • Preliminary Title Report A report issued by a title insurance company in anticipation of issuing a Title Insurance policy which evidences existing liens and gives a preliminary opinion as to the absence of any encumbrance on title to a Mortgaged Property, except liens to be removed on or before purchase or refinance, as the case may be, by the Borrower and Permitted Encumbrances.

  • Exceptions means the conditions set out in Standard Licence Condition 14A.3 of our Licences, which are: (i) if your previous supplier has prevented

  • Permitted Encumbrance means, with respect to any Mortgaged Property, such exceptions to title as are set forth in the title insurance policy or title commitment delivered with respect thereto, all of which exceptions must be acceptable to the Administrative Agent in its reasonable discretion.

  • Seller Liens shall have the meaning set forth in Section 4.3.

  • Prior Liens means Liens which, pursuant to the provisions of any Security Document, are or may be superior to the Lien of such Security Document.

  • Title Report has the meaning set forth in Section 5.4(b).

  • Existing Mortgage has the meaning specified in Section 5.02(a)(vi).

  • Substitute Property shall have the meaning set forth in Section 2.6 hereof.

  • Real Property Interests means all interests in real property of whatever nature, including easements, whether as owner or holder of a Security Interest, lessor, sublessor, lessee, sublessee or otherwise.

  • Encumbrances means liens, charges, pledges, options, mortgages, deeds of trust, security interests, claims, restrictions (whether on voting, sale, transfer, disposition, or otherwise), easements, and other encumbrances of every type and description, whether imposed by law, agreement, understanding, or otherwise.