Approved Title Conditions definition

Approved Title Conditions means title that is subject to current property taxes and assessments, Senior Loans and easements and other encumbrances specifically approved by the Mayor.

Approved Title Conditions means the items contained on Schedule B of the Title Report, and other covenants, conditions, restrictions and easements arising out of the provisions of this Agreement or caused by or on behalf of Developer.

Approved Title Conditions shall have the meaning set forth in ------------------------- Section 4.1 hereof.

Examples of Approved Title Conditions in a sentence

• At the Close of Escrow, Seller shall cause the Title Company to issue to Buyer an ALTA Owner's Policy of Title Insurance, 10/17/70 (Form B) in the amount of the Purchase Price for the Property showing fee simple title to the Property vested in Buyer, together with such endorsements as are reasonably requested by Buyer, all subject only to the Approved Title Conditions (the "Title Policy").

• SECTION 207 Condition of Title Agency shall convey to Developer fee simple title to the Property free and clear of all liens, encumbrances, assessments, easements, leases and taxes except the Approved Title Conditions.

• Seller shall deliver to Escrow Holder the Special Warranty Deed (the "Deed") in a form approved by the Title Company, duly executed and acknowledged in recordable form by Seller, conveying Seller's interest in the Real Property to Buyer subject only to the Approved Title Conditions.

• Successor Agency shall convey the Site in its present, “AS IS” condition, free of any liens, encumbrances, or other matters affecting title except for the Approved Title Conditions, and free and clear of all personal property, tenants, users or occupants, and shall not prepare the Site for any purpose whatsoever prior to conveyance to Developer.

• At Close of Escrow, Title Company shall have issued or shall be prepared to issue the Title Policy (as hereinafter defined) to Buyer in the amount of the Purchase Price, insuring fee title ownership of the Property subject only to the Approved Title Conditions.

More Definitions of Approved Title Conditions

Approved Title Conditions is defined in Section 4(a).

Approved Title Conditions means title that is subject to current property taxes and assessments, Permitted Mortgages and any other easements and other encumbrances specifically approved by the Agency Executive Director.

Approved Title Conditions. Has the meaning set forth in Paragraph 5.

Approved Title Conditions means all liens, encumbrances, assessments, easements, leases and taxes identified in the Title Report which are acknowledged and approved by the City and Developer prior to Close of Escrow.

Approved Title Conditions has the meaning ascribed to such term in Section 2.2.

Approved Title Conditions means any one or more of the following: (a) Liens for real property taxes and assessments not then delinquent; (b) the Lien of supplemental Taxes assessed pursuant to Chapter 3.5 commencing with Section 75 of the California Revenue and Taxation Code, to the extent that such supplemental Taxes are attributable to the transactions contemplated by this Agreement; (c) matters set forth on the Title Reports other than Disapproved Title Matters; and (d) matters of title created following the date of this Agreement by or with the written consent of ATS. Assets shall mean the business and the tangible and intangible assets owned by Meridian and used in connection with the conduct of the business or operations of the Meridian Business, which business and assets are being exchanged, transferred or otherwise conveyed hereunder, including without including without limitation the following:

Approved Title Conditions. (A) a lien for general real property taxes not yet due and payable (which shall be prorated in accordance with the provisions of this Agreement); (B) matters of title respecting the Property approved by Buyer in accordance with this Section 2.3; (C) matters affecting the condition of title to the Property created by or with the written consent of Buyer; (D) the Sewer Easement upon recordation in the Office of the Assistant Registrar of the Land Court of the State of Hawaii and/or the Bureau of Conveyances of the State of Hawaii, as applicable; and (E) the liens of the Mortgage and any other security instrument related to the Conduit Loan. The commitment by Title Company to issue to Buyer an ALTA Extended Coverage Owner’s Policy of Title Insurance (2006 form) with liability in the amount of the Purchase Price and with such endorsements reasonably requested by Buyer, showing fee title to the Property vested in Buyer subject only to the Approved Title Conditions, shall be a condition precedent to closing (“Title Policy”).