Title Objection Deadline definition

Title Objection Deadline means 5:00 p.m., Kansas City, Missouri time (it being agreed that all times in this Agreement shall be deemed to refer to Kansas City, Missouri time) on the later to occur of (i) the Effective date and (ii) the fifth (5th) Business day after CBL/OP's receipt of all of the Title Documents.

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Title Objection Deadline shall have the meaning given to such term in Section 4.1(b) hereof.

Title Objection Deadline means the expiration of the period commencing upon the Effective Date and ending upon the date that is FORTY FIVE (45) calendar days thereafter. AFFIDAVIT AND INDEMNITY COMMONWEALTH OF _________________________ CITY/COUNTY OF __________________ The undersigned, being first duly sworn, hereby deposes and states as follows to __________________________ (“Title Insurer”): 1. The undersigned (the “Owner”) is the Owner of the real property described in Exhibit A attached hereto (“Property”). 2. Owner has been in continuous ownership and possession of said Property since _________________. A copy of ______________________ dated _________________, being the date of a survey by _______________________________________, is attached to this Affidavit as Exhibit B (the “Survey”). 3. Owner hereby represents and warrants to Title Insurer that since the date of the above-mentioned Survey: (1) there have been no changes in the location of the improvements located on said Property; (2) Owner has not granted any easements or other rights affecting title to said Property by the Owner and does not have actual knowledge of any claims related thereto, except (in each case) as may be of record; and (3) there have been no changes made to the boundary lines of said Property. 4. This Affidavit is made for the purpose of inducing Title Company to provide survey coverage in a policy of title insurance to _________________________ and _____________________ (lender), without being furnished a current plat of survey. 5. Owner agrees that in the event Title Company shall incur any loss, cost or damage whatsoever by reason of providing such survey coverage, the undersigned shall indemnify and hold harmless Title Company against all loss, cost, charge, liability, or expense whatsoever arising from such survey coverage, including, without limitations, court costs and attorney’s fees, which Title Company may sustain under its policy or policies of title insurance on account of the omission of an exception in Title Company's normal form as to matters of survey not shown on the Survey, or on account of the inclusion of a survey endorsement.

Examples of Title Objection Deadline in a sentence

Written notice by ▇▇▇▇▇ of unmerchantability of title or of any other unsatisfactory title condition shown by the Title Documents shall be signed by or on behalf of Buyer and given to Seller on or before Title Objection Deadline (§ 2c), or within five (5) calendar days after receipt by Buyer of any Title Document(s) or endorsement(s) adding new Exception(s) to the title commitment together with a copy of the Title Document adding new Exception(s) to title.
Buyer has the right to review and object to the Abstract of Title or Title Commitment and any of the Title Documents as set forth in § 8.5 (Right to Object to Title, Resolution) on or before Record Title Objection Deadline.
Written notice by Buyer of unmerchantability of title or of any other unsatisfactory title condition shown by the Title Documents shall be signed by or on behalf of Buyer and given to Seller on or before Title Objection Deadline (ss.
All matters shown in the Title Documents which are not objected to by CBL/OP by delivery of written notice thereof ("CBL/OP's Title Objection Notice") to Property Owner on or before the Title Objection Deadline shall be conclusively deemed to be accepted by CBL/OP.
If Buyer does not give such notice on or before the Title Objection Deadline, Buyer shall have waived any objections the status of title.
Written notice by Buyer of unmerchantability of title or of any other unsatisfactory title condition shown by the Title Documents shall be signed by or on behalf of Buyer and given to Seller on or before Title Objection Deadline (§ 2c), or within five (5) calendar days after receipt by Buyer of any Title Document(s) or endorsement(s) adding new Exception(s) to the title commitment together with a copy of the Title Document adding new Exception(s) to title.
If 441 the content of the Tax Certificate is unsatisfactory to Buyer, in Buyer’s sole subjective discretion, Buyer may terminate, on or before 442 Record Title Objection Deadline.
Buyer shall be deemed to have waived all rights to make Objections with respect to all matters shown in the Title Report and all matters that would be revealed by current, accurate ALTA survey of the Property unless Buyer delivers an Objection to Seller prior to the Title Objection Deadline.
Buyer is advised to timely consult legal counsel with respect to all such matters as there are strict time limits provided in this contract (e.g., Title Objection Deadline [§ 2c] and Off-Record Matters Objection Deadline [§ 2c]).
If Property Owner is able and willing to remove or insure against some or all of the Title Objections, Property Owner shall notify CBL/OP in writing within 5 days after the Title Objection Deadline ("Property Owner's Notice Period") of those Title Objections which Property Owner intends to attempt to remove or insure against on or before the Closing Date (said notice hereinafter called "Property Owner's Title Notice").

More Definitions of Title Objection Deadline

Title Objection Deadline has the meaning set forth in Section 6.10.

Title Objection Deadline shall be 5:00 p.m. (local time at the Real Property) on the date which is ten (10) Business Days prior to the expiration of the Due Diligence Period. Purchaser shall have the right until the Title Objection Deadline to notify Seller in writing (“Title Objection Notice”) of such objections as Purchaser may have to anything contained in the Title Commitment or the Survey and any and all Supplements (collectively, a “Title Objection”). Any item contained in the Title Commitment or any matter shown on the Survey or in any of the Supplements to which Purchaser does not object prior to the Title Objection Deadline shall be deemed a Permitted Exception. In the event Purchaser delivers a Title Objection Notice to Seller prior to the Title Objection Deadline, Seller shall have the right, but not the obligation, to discharge the Title Objections set forth in such Title Objection Notice; provided, however, that Seller shall discharge any Seller’s Discharge Obligations included in any Title Objection Notice, which shall be deemed to be excluded from the term “Permitted Exceptions.” Within five (5) Business Days after receipt of Purchaser’s Title Objection Notice, Seller shall notify Purchaser in writing whether Seller elects to attempt to discharge any or all of the Title Objections set forth in such Title Objection Notice. If Seller fails to give Purchaser such notice of election, then Seller shall be deemed to have elected not to attempt to discharge the Title Objections in question. If Seller elects to attempt to discharge, and provided that Purchaser shall not have terminated this Agreement in accordance with Section 6 hereof, Seller shall have until the scheduled Closing Date to attempt to discharge the same and for this purpose Seller shall be entitled to a reasonable adjournment of the Closing and postponement of the scheduled Closing Date set forth in Section 4 if additional time is required, but in no event shall the adjournment and postponement exceed ninety (90) days after such scheduled Closing Date. If Seller elects not to discharge any objections specified in Purchaser’s Title Objection Notice, of if Seller is unable to effect a discharge prior to the Closing (or any date to which the Closing has been adjourned), Purchaser shall have the following options: (i) to accept a conveyance of the Property subject to the Permitted Exceptions, specifically including any matter objected to by Purchaser which Seller is unwilling or unable to discharge, and without ...