Examples of Permitted Title Exceptions in a sentence
At Closing, Seller, at its cost, shall cause the Title Insurer to issue and deliver to Buyer an owner’s policy of title insurance (the “Title Policy”), insuring Buyer’s fee simple estate in the Property in the amount of the Total Purchase Price, subject to the Permitted Title Exceptions.
Possession of the Property shall be delivered to Purchaser at the Closing, subject only to Permitted Title Exceptions and the rights of tenants, licensees and concessionaires under the Occupancy Agreements and guests in possession.
Subject only to the payment of all premiums, the Title Company shall be irrevocably committed to issue to Purchaser the Title Policy subject only to Permitted Title Exceptions.
Any applicable zoning ordinances, other land use laws and regulations, together with taxes for the current year and those matters, if any, which are waived by Buyer pursuant to this Paragraph 10, shall also be deemed Permitted Title Exceptions.