Title Company definition
Examples of Title Company in a sentence
Seller shall furnish such customary title affidavits as the Title Company may require for the removal of standard title objections.
Prior to the Effective Date, Seller has delivered or given Purchaser access to (a) a current title insurance report pursuant to which the Title Company would insure Purchaser’s title to the Real Property in the amount of the Purchase Price subject to the satisfaction of certain conditions (the “Title Commitment”) and (b) the Survey.
In no event shall this Agreement be construed to make Lender, Administrative Agent Title Company or any agent of Lender and/or Administrative Agent liable to any contractor, subcontractor, labormen, materialmen, craftsmen or others for labor, materials or services delivered to the Property or goods specially fabricated for incorporation therein, or for debts or claims accruing or arising to such persons or parties against Borrower any of its agents.
A title policy or unconditional commitment therefor meeting the requirements of Paragraph 5.A. hereof shall have been issued by the Title Company to Purchaser for the Property, including a non-imputation endorsement.
Administrative Agent shall have received a UCC Policy and Title Insurance Policy from the Title Company confirming Borrower’s fee ownership of the Property, the marketability of title and that each Security Instrument is a valid first lien on the Property defined therein, free and clear of liens and encumbrances and exceptions to title except for the Permitted Encumbrances.