Title Report. If no Additional Mortgage Policy is required with respect to such Additional Mortgaged Property, a title report issued by the Title Company with respect thereto, dated not more than 30 days prior to the date such Additional Mortgage is to be recorded and satisfactory in form and substance to Administrative Agent;
Title Report. Seller has delivered to Buyer a copy of a preliminary title report (“Preliminary Title Report”) dated December 19, 2006, covering the Property from First American Title (which company, in its capacity as title insurer hereunder, is herein called the “Title Company”). If Buyer delivers the Go Hard Notice on or before the end of the Due Diligence Period, Buyer shall be deemed to have approved the typed exceptions to title shown on Schedule “B” of the Preliminary Title Report and any items disclosed by any survey (the “Survey”) reviewed by Buyer prior to the expiration of the Due Diligence Period. Approval by Buyer of any additional exceptions (the “Additional Exceptions”) to title or survey matters that are first disclosed to Buyer after the expiration of the Due Diligence Period shall be a condition precedent to Buyer’s obligations to purchase the Property. Unless Buyer gives written notice that it disapproves any such Additional Exceptions, stating the exceptions so disapproved, on or before the date (“Applicable Disapproval Date”) which is ten (10) business days after such Additional Exception is disclosed, Buyer shall be deemed to have approved said Additional Exception. If, for any reason, on or before the applicable Closing Date, Seller does not cause any exceptions to title which Buyer disapproves (to the extent Buyer is permitted hereunder to so disapprove) to be removed at no cost or expense to Buyer (Seller having the right but not the obligation to do so), then a condition to Buyer’s obligation to close shall not have been satisfied and the obligation of Seller to sell, and Buyer to buy, the Property as herein provided shall terminate (and no party hereto shall have any further obligations in connection herewith except under those provisions that expressly survive a termination of this Agreement). Notwithstanding the foregoing provisions of this Section 4.1.1, Seller shall be obligated to cause the release of any “Seller Encumbrances” (which, as used herein, means any monetary liens created or suffered by Seller, or any lis pendens or judgment liens as a result of Seller’s actions, that encumber the Land and Improvements, other than mechanics liens arising from the failure of Lessee or Buyer to pay its bills). Seller may use the Purchase Price or applicable Installment Purchase Price to effectuate such release concurrently with the applicable Closing.
Title Report. (a) As of the date of this Agreement, the Buyer has delivered to Sellers a notice with respect to the Properties specifying all title exceptions set forth in the applicable title commitment, matters disclosed in the survey or objections to building code or zoning violations set forth in any zoning report or otherwise that constitute (i) Material Title Exceptions, (ii) Voluntary Title Exceptions, or (iii) Monetary Title Exceptions.
Title Report. Seller shall order a title certification from a company routinely doing business at the Worcester County Registry of Deeds. Buyer to assume costs of said title.
Title Report. Buyer will obtain from a reputable title insurance company (the “Title Company”) a preliminary title report or title commitment for title insurance on the Hospital Campus Real Property (the “Title Report”), together with copies of all items shown as recorded exceptions to title therein, and will review and investigate any and all conditions and aspects of title to the Hospital Campus Real Property and obtain and review additional documentation relating to the ownership of the Hospital Campus Real Property including, without limitation, an “express map” of the Hospital Campus Real Property, obtained by Buyer at Buyer’s sole cost (collectively, the “Express Map”), and zoning reports prepared for the Hospital Campus Real Property by the Planning and Zoning Resource Corporation, one of its affiliated organizations or any other third-party providing zoning reports (the “Zoning Reports”).
Title Report. On or before three (3) business days after the Escrow Deposit Date (and in determining such three (3)-day period, the Escrow Deposit Date shall not be counted), Seller shall deliver to Purchaser a copy of a preliminary title report (the "Title Report") dated April 22, 2004, issued by Chicago Title Insurance Company (the "Title Company"), and relating to the Real Property, and a copy of the instruments listed in the Title Report as exceptions to the title of the Real Property (the "Underlying Documents").
Title Report. Sponsor shall provide a current title report for the real property on which the Project is located. If Sponsor’s interest in the property is leasehold, then Sponsor shall provide a current title report for the leasehold interest and the fee interest.
Title Report. CITY is required to sign this Development Agreement only after OWNER has provided CITY with a satisfactory preliminary title report evidencing and showing OWNER’s legal and equitable ownership interest in the Property, current within six (6) months, unencumbered except for the exceptions (hereinafter the “Permitted Exceptions”) set in the preliminary title report for the Property dated May 24, 2007, attached hereto as Exhibit “F” (the "Preliminary Title Report"). Any instrument of monetary encumbrance such as a deed of trust or a mortgage entered into subsequent to the date of the Preliminary Title Report and prior to the Development Agreement Date, shall contain language expressly subordinating such instruments of monetary encumbrance to the provisions of this Development Agreement. OWNER shall present evidence, satisfactory to CITY, of OWNER’s legal title to Property, subject only to the Permitted Exceptions and any such subordinated instruments of monetary encumbrance, at the time of recordation of this Agreement, or a memorandum thereof.
Title Report. Within twenty (20) days from the Escrow Opening Date, the Title Company shall deliver a current Commitment for Title Insurance or a Preliminary Title Report ("Title Report") on the Properties from Title Company to both Purchaser and Seller. Such Title Report shall show the status of title to the Properties as of the effective date of the Title Report and shall be accompanied by legible copies of all title exceptions documents referred to in the Title Report. The Title Report shall be updated within five (5) days prior to Closing.
Title Report. Within twenty (20) days from each Opening Date, Escrow Agent shall deliver a current Commitment for Title Insurance or a Preliminary Title Report ("Title Report") on the Properties from Title Insurer (as defined below) to both Purchaser and Seller. Such Title Report shall show the status of title to the Properties as of the date of the Title Report and shall be accompanied by legible copies of all title exceptions documents referred to in the Title Report.
