Preliminary Title Commitment definition

Preliminary Title Commitment means the Preliminary Title Commitment of the Title Insurer, dated March 9, 2005 and issued in the name of Seller, true, correct and complete copies of which have been delivered to Purchaser prior to the Effective Date.

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Preliminary Title Commitment means the Preliminary Title Commitment of the Title Insurer, Commitment Number 04-3706-11653MS, dated effective as of February 25, 2005, issued in the name of Seller, and attached hereto as Schedule 1.1D.

Preliminary Title Commitment means the preliminary title insurance commitment relating to the Generation Facility as described in Schedule 1.1I, copies of which have been delivered or made available to each Purchaser prior to the Effective Date.

Examples of Preliminary Title Commitment in a sentence

• Title: Seller shall provide a Preliminary Title Commitment for the property being sold.

• Seller shall provide a Preliminary Title Commitment for the property being sold.

• If Buyer objects to any matter shown on the Preliminary Title Commitment, Buyer shall deliver written notice to Seller and Escrow Agent of its objections.

• Prior to closing, Seller shall provide Buyer an updated Title Commitment (“Updated Title Commitment”) that updates the effective date of the Preliminary Title Commitment and confirms that no additional liens, covenants, conditions, restrictions, easements or other rights of record have encumbered the Real Property since the issuance of the Preliminary Title Commitment.

• If Purchaser fails to give written notice of Purchaser’s Objections to Seller prior to the expiration of the Title Review Period, then all exceptions to title shown on Schedule B of the Preliminary Title Commitment and all matters shown on the Survey shall be deemed to be approved by Purchaser and shall be deemed to be Permitted Exceptions (as hereinafter defined).

• If at any time prior to Closing, the Title Company shall issue any one or more supplemental reports to the Preliminary Title Commitment (each, a “Supplemental Report”) disclosing any Supplemental Defect, Seller shall be obligated to remove or cause the removal of such Supplemental Defect(s) at or prior to Closing, whether or not Buyer affirmatively disapproves of such items in any notice to Seller, and any failure by Seller to do so shall be a default hereunder.

• Preliminary Title Commitment is available for inspection and Purchaser(s) acknowledge they accept the condition of title as outlined in the Title Commitment.

• Prior to the Effective Date, Seller delivered to Purchaser (i) a current title commitment (the “Preliminary Title Commitment”) issued by the Title Company, in the aggregate amount of the Purchase Price, with Purchaser as the proposed insured, together with legible copies of all documents of record referred to in the Preliminary Title Commitment as exceptions to title to the Property (the “Exception Documents”), and (ii) a copy of Seller’s existing survey of the Property (“Survey”).

• Purchaser shall have until 5:00 p.m. Central Standard Time on April 23, 2013 to notify Seller, in writing, of such objections as Purchaser may have to anything contained in the Preliminary Title Commitment or the Survey which notice (the “Title Notice”) must specify the reason such matters are not satisfactory.

• If the Title Insurer is unwilling to issue any such Title Policy for any event which has occurred after the issuance of the Preliminary Title Commitment, Purchaser shall require Title Insurer to provide Purchaser and Seller, in writing, notice setting forth the reason(s) for such unwillingness as soon as practicable.

More Definitions of Preliminary Title Commitment

Preliminary Title Commitment means the title insurance commitment, dated March 1, 2010 issued by the Title Company, Title NO. 10-7406- 22319-NYM.

Preliminary Title Commitment means a title commitment to issue an owner’s policy of title insurance with respect to the Owned Real Estate naming Buyer as the insured on a current ALTA form in blank amount issued by a title company licensed to do business in Wisconsin showing title to the Owned Real Estate vested in Seller with an effective date no more than fifteen days prior to the date hereof, together with copies of all documents listed as exceptions to title (the “Preliminary Title Commitment”).

Preliminary Title Commitment means the title insurance commitment, dated March 1, 2010 issued by the Title Company, Title NO. 10-7406-22319-NYM.