Initial Surveys definition
Examples of Initial Surveys in a sentence
Before the Effective Date, or as soon as practicable after the Effective Date, Initial Surveys will be conducted of the boundaries of Lheidli T’enneh Lands.
The Administrative Agent shall have received, no later than 100 days following completion of the Upgrade Project, a survey of the Site certified to the Borrower, the relevant Title Company and the Administrative Agent, updated, with respect to all relevant requirements and information required for the Initial Surveys under Section 6.01(f)(ii), to within 60 days of the date of receipt by the Administrative Agent.
All matters contained in the Initial Title Commitments and Initial Surveys are hereinafter referred to as the “Existing Title Matters”.
On or before the expiration of the Inspection Period, Seller will provide in the Data Site updates (or new surveys, as the case may be) to the Outdated Initial Surveys that will have been prepared recently enough to reasonably satisfy the Purchaser and the Title Company.
Leav▇▇▇ ▇▇▇ll deliver to Purchaser a current ALTA survey for each portion of the Real Estate (but excluding the portion of the Real Estate located in Hammond, Indiana) (such surveys being hereinafter collectively referred to as the "Initial Surveys") promptly after Leav▇▇▇ ▇▇▇eives such Initial Survey.
In the event that Purchaser elects to have a new or updated survey of any Property performed (together with the Initial Surveys, the “Survey”), it shall deliver a copy thereof to Seller within five (5) days of receipt of any such Survey.
Purchaser shall be responsible for the premiums and fees for title examination and title insurance and endorsements obtained by Purchaser and related charges and survey costs (including, without limitation, any costs to update the Initial Surveys) in connection therewith.
Buyer has delivered to Sellers the written notice attached hereto as Exhibit E (the “Initial Objection Letter”) listing all objections Buyer has to matters contained in the Title Commitments and any matters shown on the Initial Surveys (“Pre-Closing Objections”); provided, however, that in no event shall Buyer be entitled to raise any Objection with respect to Permitted Exceptions.
Purchaser acknowledges that Purchaser has reviewed the Initial Title Commitments, Initial Surveys and Initial Zoning Reports provided by Seller prior to the Effective Date.
Purchaser agrees to pay all costs and expenses related to (a) any updates, changes, or corrections to the Initial Title Commitments or the Initial Surveys, and (b) one-half of any escrow fees, and all municipal transfer taxes, incurred in connection with the transfers of the Real Estate as contemplated by this Agreement.