Title Insurance Proforma definition

Title Insurance Proforma means, with respect to each parcel of Transferred Real Property, the form of title insurance policy reasonably satisfactory to Purchaser to be issued by a nationally recognized title insurance company (reasonably acceptable to Purchaser) written as of the Closing Date.
Title Insurance Proforma means, with respect to each parcel of Transferred Real Property, the form of title insurance policy reasonably satisfactory to Purchaser to be issued by a nationally recognized title insurance company (reasonably acceptable to Purchaser) written as of the Closing Date. “Title Insurance Policy” has the meaning set forth in Section 6.2(l). “Transaction” means, collectively, the Membership Interest Sale and the Asset Sale. “Transaction Agreements” means the Seller Transaction Agreements and the Purchaser Transaction Agreements. “Transaction Expenses” means an amount in cash equal to, as of immediately prior to the Closing, the sum of (i) the outstanding fees and expenses of Sellers’ and the Companies’ (under the control of Seller Parent) counsel and accountants incurred by Sellers and the Companies (under the control of Seller Parent) in connection with the transactions contemplated by this Agreement and the Transaction Agreements, (ii) all other outstanding fees
Title Insurance Proforma has the meaning set forth in Section 6.15(a).

Examples of Title Insurance Proforma in a sentence

  • Immediately prior to the Closing, Seller will cause the Title Company to update the Title Proforma and to issue an Owner’s Title Insurance Policy naming the Company as insured thereunder in the precise form of the Title Insurance Proforma with no new or additional exceptions and with all endorsements attached thereto in the same form as are attached to the Title Insurance Proforma (the “Title Insurance Policy”), bearing an effective date and time immediately prior to the Closing.

  • Purchaser shall be liable for any and all fees, costs and expenses incurred in connection with procuring (i) the R&W Policy, (ii) any Title Insurance Proforma or Title Insurance Policy (including the payment of insurance premiums relating thereto) and (iii) the Land Title Survey.