Survey Defects definition

Survey Defects has the meaning set forth in Section 5.3.1.
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Survey Defects has the meaning set forth in Section 4.2.1 of this Agreement.
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Survey Defects shall have the meaning set forth in Section 2.9.3.
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Examples of Survey Defects in a sentence

  • Seller shall have five (5) days after receipt of such notice in which to cure any such Survey Defects to the satisfaction of Buyer (the “Survey Defect Cure Date”).

  • The due diligence process set forth in this Section 7 shall be subject to, and shall be superseded by, the provisions of Section 10 and 11 of this Agreement related to Title Defects and Survey Defects, respectively.

  • In the event Seller is unwilling or unable to clear the Survey Defects on or before the Survey Defect Cure Date, Buyer shall have the option, in its sole discretion, to (i) proceed with the purchase and acquire the Property subject to the Survey Defects, in which case the Survey Defects are deemed approved; or (ii) terminate this Agreement, in which case the Earnest Money will be refunded to Buyer.

  • The Special Rapporteur was informed that the European Union has provided funding for the creation of a national environment agency, but that no such agency has yet been created.

  • The GoL committed that payment for all structures will be completed prior to commencing civil works in each of the impact corridors.

  • Seller shall have no obligation to cure any Title Exceptions or Survey Defects other than the Unpermitted Exceptions as set forth in the Title and Survey Side Letter or any New Title and Survey Election Notice.

  • On the Closing Date, Seller shall be responsible for the cost of recording fees for the Removable Exceptions (as hereinafter defined) and Survey Defects (as hereinafter defined) which Seller is obligated or agreed to correct per Section 9(d).

  • By then all ASEAN will become a tariff-free FTA.The AFAS, signed in December 1995, aims to substantially eliminate restrictions to trade in services among ASEAN members—by progressively improving market access and ensuring equal national treatment—and to improve the efficiency and competitiveness of ASEAN services suppliers.

  • All Title Exceptions and Survey Defects other than those expressly set forth in Schedule V.C.1 or in Section V.C.1 shall constitute “permitted exceptions” to title to the Real Property (the “Permitted Exceptions”).

  • Seller shall have fourteen (14) days after receipt of Purchaser’s notification, to notify Purchaser as to whether it intends to correct such Survey Defects or, with Purchaser’s prior written approval at Closing, have the Title Company commit to insure over any Survey Defects.


More Definitions of Survey Defects

Survey Defects. As defined in Section 4.2.
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Survey Defects is defined in Section 6.3.
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Survey Defects has the meaning set forth in Section 4(c)(i) hereof.
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Related to Survey Defects

  • Title Defects has the meaning set forth in Section 5.15(b).

  • Title Objections has the meaning ascribed to such term in Section 6.2(a).

  • Title Objection shall have the meaning assigned thereto in Section 8.5.

  • Title Defect as used herein shall mean any encumbrance, encroachment, irregularity, defect in or objection to Seller’s title to the Interests (excluding Permitted Encumbrances), that alone or in combination with other defects renders Seller’s title to the Interests or part thereof less than Defensible Title.

  • Title Defect Notice shall have the meaning set forth in Section 11.2(a).

  • Environmental Defect Notice shall have the meaning set forth in Section 12.1(a).

  • Environmental Defect means, with respect to any given Asset, a material violation of Environmental Laws in effect as of the Effective Time in the jurisdiction in which such Asset is located.

  • Defect Notice shall have the meaning specified in Section 3.2 of this Agreement.

  • Latent Defects means such defects caused by faulty designs, material or work-man- ship which cannot be detected during inspection, testing etc, based on the technology available for carrying out such tests.

  • Title Defect Property has the meaning set forth in Section 6.2(a).

  • Environmental Condition means any condition or circumstance, including the presence of Hazardous Substances which does or would (i) require assessment, investigation, abatement, correction, removal or remediation under any Environmental Law, (ii) give rise to any civil or criminal Liability under any Environmental Law, (iii) create or constitute a public or private nuisance or (iv) constitute a violation of or non-compliance with any Environmental Law.

  • Environmental Conditions means any conditions of the environment, including, without limitation, the work place, the ocean, natural resources (including flora or fauna), soil, surface water, ground water, any actual or potential drinking water supply sources, substrata or the ambient air, relating to or arising out of, or caused by the use, handling, storage, treatment, recycling, generation, transportation, Release or threatened Release or other management or mismanagement of Regulated Substances resulting from the use of, or operations on, the Property.

  • Environmental Defect Value means, with respect to any Environmental Defect, the value, as of the Closing Date, of the estimated costs and expenses to correct such Environmental Defect in the most cost-effective manner reasonably available, consistent with Environmental Laws, taking into account that non-permanent remedies (such as mechanisms to contain or stabilize hazardous materials, including monitoring site conditions, natural attenuation, risk-based corrective action, institutional controls or other appropriate restrictions on the use of property, caps, dikes, encapsulation, leachate collection systems, etc.) may be the most cost-effective manner reasonably available.

  • Title Defect Amount means the amount by which the Allocated Value of the Title Defect Property affected by such Title Defect is reduced as a result of the existence of such Title Defect and shall be determined in accordance with the following methodology, terms and conditions:

  • Material Defect As defined in Section 2.02(c) hereof.

  • Title Report has the meaning set forth in Section 5.4(b).

  • Latent Defect means a defect, inherently lying within the material or arising out of design deficiency, which do not manifest themselves and/or was not reasonably discoverable during Defect Liability period.

  • Minor defect means a defect which is not a Major Defect.

  • Major Defect means a condition that exists on a ground ambulance vehicle that requires the Department or the certificate holder to place the ground ambulance vehicle out-of-service.

  • Defects means any part of the Works not completed in accordance with the Contract, or completed with deficiencies and flaws and includes deficiencies, flaws, etc. developed during the execution of Works and during the Defect Liability Period.

  • Title Review Period shall have the meaning set forth in Section 4.3.

  • Nonconforming lot means a lot that met dimensional requirements of the applicable master program at the time of its establishment but now contains less than the required width, depth or area due to subsequent changes to the master program.

  • Construction defect means a deficiency in or a deficiency arising out of the design, specifications, surveying, planning, supervision, or observation of construction or construction of residential improvements that results from any of the following:

  • Nonconforming sign means a sign or sign structure, other than a nonstandard sign or a sign that is erected and maintained in a business area along a scenic byway prior to the designation as a scenic byway, that satisfies 1 of the following:

  • Nonconforming use means a use of land that:

  • Document Defect As defined in Section 2.03(a).