First Title definition
Examples of First Title in a sentence
From time to time at any time after the First Title Notice and prior to the Closing Date, Purchaser may give written notice of exceptions to title first appearing of record after the effective date of any updated title commitment or matters of survey which would not have been disclosed by an accurate updated examination of title or preparation of an updated ALTA survey prior to date of the initial Title Commitment or the initial Survey.
The Servicer shall inform the Issuer, the Seller, the Note Insurer, the Indenture Trustee and the Swap Counterparty promptly, in writing, upon the occurrence of the day that is 10 Business Days prior to the First Title Delivery Date of each Receivable for which no Certificate of Title has been delivered to the Servicer or its agent as of such day.
Within five (5) Business Days after receipt of Purchaser’s First Title Notice, Seller shall give written notice to Purchaser informing the Purchaser of Seller’s election with respect to such objections.
Within five (5) Business Days after receipt of Purchaser's First Title Notice, Seller shall give written notice to Purchaser informing the Purchaser of Seller's election with respect to such objections.
Insurer shall mean First Title Insurance plc, registered in England & Wales under Company number 01112603, Registered Office- ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇, authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under Register number 202103.
If Buyer has objections to Title Commitment (“Title Defects”), then Buyer shall notify Seller in writing on or before the expiration of the First Title Objection Deadline of Buyer’s objections to all such Title Defects and Seller and Buyer shall have an additional 3 business days to reach written agreement as to how to resolve such Title Defects (“First Title Resolution Deadline”).
Closing shall be held at City of Ocala, Florida First Title & Transaction Services, LLC at ▇▇▇ ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇, ▇▇▇▇▇ on a date selected by Seller no more than 90 days following Seller's acceptance of this Agreement pursuant to Paragraph 3.
Insurer shall mean First Title Insurance plc, registered in England & Wales under Company number 01112603, Registered Office- ECA Court, ▇▇- ▇▇ ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇, ▇▇▇▇ ▇▇▇, authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under Register number 202103.
If Buyer and Seller fail to reach written agreement as to the Title Defects by the First Title Resolution Deadline, Buyer as its sole remedy, may by written notice given to Seller within 2 business days after the First Title Resolution Deadline, terminate this Contract.
If Seller fails to give written notice of election within such five (5) Business Day period, Seller shall be deemed to have elected not to attempt to cure the objections (other than Monetary Objections) set forth in the First Title Notice or such Subsequent Title Notice, whichever is applicable.