Survey Objections definition
Survey Objections has the meaning set forth in Section 6.2.
Survey Objections shall have the meaning ascribed in Section 4.4.
Survey Objections means any defects in Survey which (i) are not shown on the Pro Forma Title Policy as an insured over exception, and (ii) were not revealed by the previous survey provided to Strategic by the Existing Partners, that Strategic in good faith determines would have a material adverse effect on the Business, the Property, or its ownership interest therein and as to which Strategic timely objects in accordance with the terms of Paragraph 4.3.
Examples of Survey Objections in a sentence
In the event Purchaser shall notify Seller of any Survey Objections, such Survey Objections shall be treated similarly to objections to title in accordance with Section 5.1(c).
More Definitions of Survey Objections
Survey Objections shall have the meaning set forth in Section 7.12(c).
Survey Objections has the meaning set forth in Section 5.2(b) of this Agreement.
Survey Objections shall have the meaning set forth in Section 5.2. (Y) "Tenants" shall mean those tenants listed on the Rent Roll.
Survey Objections is defined in Section 9.5(a)(iv).
Survey Objections means any easement, encroachment, restriction or other title condition or exception with respect to an Individual Property, which (a) renders such Individual Property unmarketable, (b) will prohibit or materially impair Purchaser's intended use of such Individual Property as a skilled nursing facility or an assisted living facility, (c) currently causes a Material violation or is currently Materially violated, (d) imposes or will impose a Material charge or assessment on such Individual Property and/or the owner thereof (excluding however any customary governmental assessments and property taxes), (e) will likely require the Material alteration or Material removal of any Improvements, (f) Materially decreases the value of such Individual Property, (g) prevents legal and actual ingress and egress to and from such Individual Property via legally and actually open streets and/or valid and recorded perpetual easements which are sufficient to operate the Individual Property as a skilled nursing center or an assisted living facility, as applicable, (h) renders title to such Individual Property uninsurable at promulgated rates in the State of Florida by the Title Company, and/or (i) the Title Company (1) refuses to insure the contiguity of all parcels of land, if there is more than one parcel comprising such Individual Property, (2) refuses to insure the easements or other rights benefiting the Individual Property, or (3) will only insure such contiguity or such easements and/or other rights upon the payment of an additional material premium.
Survey Objections means Purchaser's objections to the Survey which affect the merchantability of Seller's title or the use of the Real Estate as presently utilized.