Examples of Unpermitted Exceptions in a sentence
If Seller fails to deliver such written notice to Buyer within such 10-day period, then Seller shall be deemed to have declined to arrange to have the Unpermitted Exceptions removed, insured over, or otherwise cured.
Should Seller not provide such agreement within the period required by the preceding sentence, Seller shall be deemed to have refused to cure such Unpermitted Exception(s).
Notwithstanding the foregoing, if such date down to the Title Commitment discloses any new Unpermitted Exceptions which, in the aggregate, equal or exceed $25,000, Seller shall have the right, but not the obligation, to bond over, cure and/or have such exceptions removed from the Title Commitment or to have the Title Insurer commit to insure against loss or damage that may be occasioned by such Unpermitted Exceptions.
Items which are not permitted exceptions specifically detailed herein shall be considered Unpermitted Exceptions.
All Unpermitted Exceptions, which the Title Company commits to insure, shall be included within the definition of Permitted Exceptions.