Permitted Exceptions definition

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

Permitted Exceptions has the meaning ascribed to such term in Section 6.2(a).

Permitted Exceptions shall have the meaning set forth in Section 5.1.

Examples of Permitted Exceptions in a sentence

• Seller agrees to furnish good, insurable, and marketable title to the Property subject to all Permitted Exceptions.

• The provisions herein establishing Permitted Exceptions shall survive closing and the deed(s) Seller delivers at closing shall be subject to all Permitted Exceptions.

• Per Section 10 Further Conditions, Seller shall deliver to Buyer full and complete possession of the Property, subject to the Permitted Exceptions.

• At the Closing, contemporaneously with the payment by Xxxxx of the Purchase Price, Seller shall deliver to Buyer (a) the Deed to the Property subject to the Permitted Exceptions, (b) a vendor’s affidavit acceptable to the Title Company to allow it to delete the standard exceptions for non-survey matters from its title policy; (c) a certification of non-foreign status with respect to Seller as required by Section 1445 of the Internal Revenue Code; (d) a disclosure of Sales Information Form required by Ind.

• Seller shall not have any obligation to cure or otherwise address Permitted Exceptions (with Seller only having an obligation to cure or address those items identified in the Response Notice) and Permitted Exceptions shall not be the basis of any action by Buyer against Seller.

More Definitions of Permitted Exceptions

Permitted Exceptions means the following:

Permitted Exceptions means, collectively, (a) liens for taxes, assessments and governmental charges not yet due and payable or due and payable but not yet delinquent; (b) the Leases; (c) the exceptions to title set forth in the Existing Title Policy; (d) all matters shown on the Existing Survey, and (e) such other nonmonetary encumbrances with respect to the Property as may be shown on the Update which are not objected to by the Purchaser (or which are objected to, and subsequently waived, by the Purchaser) in accordance with Section 3.1.

Permitted Exceptions means:

Permitted Exceptions and “Permitted Exception” shall have the meaning set forth in Section 9.

Permitted Exceptions has the meaning set forth in Section 2.3.

Permitted Exceptions as used in this Agreement, shall mean (i) the title exceptions listed in Schedule B of the Title Commitment, (ii) any general exceptions and exclusions contained in the standard owner’s policy of the Title Company that are not deleted pursuant to the Owner’s Affidavit, (iii) all title matters of record as of the Closing Date, and (iv) all taxes not yet due and payable.

Permitted Exceptions means (i) Liens for current real estate taxes or assessments which are not yet due and payable, or are due and payable but not yet delinquent, or that are being contested in good faith by appropriate proceedings, (ii) any exceptions to title approved or waived by the Buyer in accordance with this Agreement, (iii) customary utility easements which (A) do not encroach any buildings or other improvements located at the applicable Property, (B) are within and do not violate any setback requirements or restrictions or Applicable Laws, and (C) do not materially and adversely impact the current use or value of the applicable Property, (iv) the rights of Tenants, as tenants only, pursuant to Leases, (v) any matters created or caused by the Buyer, and (vi) Liens arising out of, under or permitted in connection with this Agreement or the Closing Documents.