Title Policy and Survey. A. TITLE POLICY: Seller shall furnish to Buyer at Seller’s Buyer’s expense an owner policy of title insurance (Title Policy) issued by (Title Company) in the amount of the Sales Price, dated at or after closing, insuring Buyer against loss under the provisions of the Title Policy, subject to the promulgated exclusions (including existing building and zoning ordinances) and the following exceptions:
Title Policy and Survey. Tenant shall have the right, at its sole expense, to obtain a survey of the Premises and title insurance coverage of its interest in the Premises, and the interest of any Lender. Landlord shall have no obligation to provide Tenant with any such survey or title insurance.
Title Policy and Survey. (Check all that apply)
Title Policy and Survey. Within thirty (30) days after the Effective Date, Seller, at its expense, shall furnish Purchaser with a preliminary binder of title insurance ("Title Commitments") from Lawyers Title Insurance Corporation and/or its authorized agents (the "Title Company") agreeing to insure title to each Facility in the name of Purchaser in the full amount of the Purchase Price allocated to the Land and Facilities as set forth in Schedule 2.1.1. Such preliminary title insurance binders shall be issued in the most recently approved ALTA form without exception, other than Permitted Exceptions. The acceptability of title to each of the Premises shall be determined by Purchaser, in its discretion, within the later to occur of: (i) twenty (20) days after receipt of both the Title Commitments and the Surveys, as hereinafter described, for the Premises, or (ii) the expiration of the Inspection Period. If any exceptions other than Permitted Exceptions are not cured by Seller within twenty (20) days after receipt of notice thereof from Purchaser, or thereafter waived by Purchaser, Purchaser may terminate this Agreement. In the event Purchaser does not elect to terminate this Agreement, Purchaser and Seller shall proceed with Closing, and the cost of curing title shall be offset against the Purchase Price. The Title Commitments shall be attached hereto as Schedule 5. At Closing, the Title Company shall issue Owner's Policies of Title Insurance to Purchaser insuring Purchaser's fees simple title to the each of the Premises free and clear of all matters other than the Permitted Exceptions and deleting all standard exceptions. In connection therewith, on or before Closing, Seller agrees to execute and deliver to the Title Company all necessary certificates and affidavits to delete standard exceptions. Promptly after the Effective Date, Seller shall deliver to Purchaser all survey, topographical and title information now in Seller's possession and shall procure, at Seller's expense, within thirty (30) days after the Effective Date, a current survey or recertification of the existing survey for each of the Premises meeting the minimum standard and detail requirements for currently approved ALTA Land Title Surveys and the requirements of the Title Company to delete the standard "survey exceptions" (the "Surveys"), and be paid by Seller.
Title Policy and Survey. At Closing, LVSC shall cause Fidelity National Title Insurance Company (the “Title Insurer”) to issue an ALTA 2006 extended coverage owner’s policy of title insurance, in the amount of (a) Seventy-Seven Million Five Hundred Thousand and No/100 Dollars ($77,500,000.00) plus (b) the estimated cost of the construction of the Stadium, or such lesser amount which the Authority may reasonably require, insuring that fee simple title to the Property is vested in the Authority, subject only to the Permitted Exceptions, and containing such endorsements reasonably requested by the Authority, all in form and substance reasonably acceptable to the Authority (the “Title Policy”). Prior to Closing and in furtherance of the Title Policy, LVSC shall also cause to be delivered to the Authority and the Title Insurer an ALTA/NSPS survey for the Property, prepared by a surveyor licensed in the State of Nevada and reasonably acceptable to the Authority, which survey shall utilize a current title commitment for the Property issued by the Title Insurer, be certified to the Authority and the Title Insurer, and otherwise be in a form and substance acceptable to the Authority and the Title Insurer.
Title Policy and Survey. A. TITLE POLICY: Seller shall furnish to Buyer at Seller’s Buyer’s expense an owner policy of title insurance (Title Policy) issued by: (Title Company) in the amount of the Sales Price, dated at or after closing, insuring Buyer against loss under the provisions of the Title Policy, subject to the promulgated exclusions (including existing building and zoning ordinances) and the following exceptions: (1) The standard printed exception for standby fees, taxes and assessments. (2) Liens created as part of the financing described in Paragraph 3. (3) Reservations or exceptions otherwise permitted by this contract or as may be approved by Xxxxx in writing. (4) The standard printed exception as to marital rights. (5) The standard printed exception as to waters, tidelands, beaches, streams, and related matters. (6) The standard printed exception as to discrepancies, conflicts, shortages in area or boundary lines, encroachments or protrusions, or overlapping improvements: (i) will not be amended or deleted from the title policy; or (ii) will be amended to read, "shortages in area" at the expense of Buyer Seller. (7) The exception or exclusion regarding minerals approved by the Texas Department of Insurance. B.
Title Policy and Survey. A. TITLE POLICY: Seller shall furnish to Buyer at Seller's X Buyer's expense an owner policy of title insurance (Title Policy) issued by Capital Title of Texas-Colleyville (Title Company) in the amount of the Sales Price, dated at or after closing, insuring Buyer against loss under the provisions of the Title Policy, subject to the promulgated exclusions (including existing building and zoning ordinances) and the following exceptions:
Title Policy and Survey. As an accommodation to Buyer, Buyer may obtain a title commitment and any supporting documentation in order to evaluate the status of title to the Property prior to Closing. Notwithstanding the above, the Property is being sold in “As-Is Where- Is” condition. As provided in the Bid Invitation, the Seller makes no warranties or representations regarding the existence or quality of any right, title, claim or interest of the Seller in or to the Property.
Title Policy and Survey. Purchaser shall have obtained the Title Policy and the Survey.
Title Policy and Survey. Owner shall supply Purchaser with an ALTA owner's policy of title insurance insuring that title to the Premises is as described in Section 6(a) above. Owner shall supply Purchaser with an ALTA/ACSM survey of the Premises made by a licensed surveyor (the "Survey"), which Survey shall contain a calculation of the total acreage of the Premises, exclusive of portions thereof within public highways or streets (the "net acreage") and shall also contain the location of all easements, encroachments, utility lines, access to public highways abutting the Premises, all improvements located on the Premises, a legal description for the Premises and shall confirm that the internal boundaries of any parcels comprising the Premises are contiguous to each other without any gap or gore. The Survey and the title insurance policy shall be in xxxm and substance satisfactory to Purchaser.
