Permitted Title Exceptions definition

Permitted Title Exceptions means those exceptions to title to the Real Property that are satisfactory to the Acquiror as determined pursuant to Section 2.2.

Permitted Title Exceptions shall have the meaning given to such term in Section 4.1(b) hereof.

Permitted Title Exceptions has the meaning specified in Section 5.4.

Examples of Permitted Title Exceptions in a sentence

• 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.

• None of the Permitted Title Exceptions or Permitted Liens individually or in the aggregate will have a Material Adverse Effect.

• Good and indefeasible fee simple title to the Real Property shall be insurable as such by the Title Company at or below its regularly scheduled rates subject only to Permitted Title Exceptions as determined in accordance with Section 2.2.

• On the Closing Date, the Borrower will own and on such date will have good, indefeasible and insurable fee simple title to the portion of the Projects consisting of real property free and clear of all Liens, other than Permitted Title Exceptions.

• No suit, action, claim or other proceeding shall have been instituted or threatened against Seller which results, or reasonably might be expected to result, in the transactions contemplated by this Agreement being enjoined or declared unlawful, in any lien attaching to or against the Property and/or in any liabilities or obligations being imposed upon Buyer or the Property, other than the Permitted Title Exceptions.

More Definitions of Permitted Title Exceptions

Permitted Title Exceptions means as to any Project, the outstanding liens, easements, restrictions, security interests and other exceptions to title set forth in the policy of title insurance insuring the lien of the Deed of Trust encumbering such Project approved by the Administrative Agent.

Permitted Title Exceptions means those exceptions to title to -------------------------- the Real Property that are satisfactory to Patriot or deemed satisfactory to Patriot pursuant to Section 2.4(d) hereof. --------------

Permitted Title Exceptions means those exceptions to title to the Real Property set forth in the Title Commitment (a) which do not require or secure the payment of money and (b) to which Purchaser makes no objection under Section 2.3(d).

Permitted Title Exceptions means those matters set forth in the title insurance policies insuring the respective liens of the Mortgages and those matters otherwise approved by Lender.

Permitted Title Exceptions means those exceptions to title to the Real Property that are satisfactory to Transferee as determined under this Agreement, and as evidenced by a pro forma title report.

Permitted Title Exceptions shall have the meaning set forth in SECTION 3.2.

Permitted Title Exceptions means: (A) current city, state and county ad valorem taxes not yet due and payable; (B) easements for the installation or maintenance of public utilities serving only the Property; (C) any other matters disclosed by the most current survey then available except for such survey matters as Seller is obligated to cure pursuant to this Agreement; and (D) any matter Purchaser agrees to in writing.