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The Title Commitments shall be conclusive evidence of good title as therein shown as to all matters to be insured by the title policy for the respective Real Property, subject only to the exceptions therein stated. On the Closing Date, Title Insurer shall deliver to Purchaser a standard title policy for the Real Properties in amounts equal to the Schedule Price of each Real Property in conformance with the Title Commitments, subject to Permitted Exceptions and Unpermitted Exceptions waived by Purchaser (the \"Title Policy\"). 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