Special Warranty of Title definition

Special Warranty of Title has the meaning set forth in Section 12.12.
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Special Warranty of Title is defined in Section 3.2(j).
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Special Warranty of Title has the meaning provided in Section 5.1.
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Examples of Special Warranty of Title in a sentence

  • As a condition to asserting a valid claim for breach of the Special Warranty of Title, no later than the date that is fifteen (15) months after the Closing Date, Purchaser may furnish Sellers a Title Defect Notice that materially satisfies the requirements of Section 12.7(a) setting forth any matters that Purchaser asserts as a breach of the Special Warranty of Title.

  • Recovery on the Special Warranty of Title shall be equal to the applicable Title Defect Amount as calculated in accordance with the terms of this Agreement, mutatis mutandis, but shall not take into account the Title Defect Threshold or the Defect Deductible, and in no event shall Purchaser’s recovery thereunder exceed the Allocated Value of the affected Asset.

  • Purchaser shall be deemed to have waived all breaches of the Special Warranty of Title for which Sellers have not received on or before 5:00 p.m. Houston, Texas time on the date that is fifteen (15) months after the Closing Date a Title Defect Notice that satisfies the requirements set forth in Section 12.7(a).

  • For purposes of the Special Warranty of Title, the value of the Assets shall be deemed to be the Allocated Value thereof, as adjusted herein.

  • The Special Warranty of Title shall be subject to the provisions set forth in this Article 12, mutatis mutandis, excluding, however the Defect Claim Date, the Title Defect Threshold and the Defect Deductible.

  • With respect to Seller’s Special Warranty of Title given in the Assignment, Seller’s indemnity obligation shall be limited to the Allocated Value of the particular Asset.

  • That for $10.00 and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Grantor does hereby grant and convey, with Special Warranty of Title, unto the Grantee, that certain real property described on Exhibit A attached hereto and made a part hereof by this reference and located in the City of Staunton, Virginia (the “Property”).

  • Except for matters covered by the Special Warranty of Title set forth in Section 6.2 or in the Assignment, and matters arising out of or relating to Seller's breach of any representations or warranties in this Agreement, upon Closing Buyer shall be deemed to have waived all Title Defects or objections that relate to the Interests and shall have no right to seek reimbursement or indemnification from Seller for such Title Defects or objections.

  • TITLE MATTERS 11 Section 2.1 Certain Definitions 11 Section 2.2 Title Defect 12 Section 2.3 Consents 13 Section 2.4 Special Warranty of Title; Subrogation of Warranties 14 Section 2.5 Title Benefit 14 Article III.

  • Except as expressly set forth in this Agreement, including, without limitation, the representations and warranties provided for in Section 8, Buyer acknowledges that neither Seller nor any broker acting for Seller has made, and Seller expressly disclaims, any representations or warranties concerning the physical condition of the Property or any other matter related to the Property (other than the Special Warranty of Title).


More Definitions of Special Warranty of Title

Special Warranty of Title as set forth in the Assignment, Conveyance and Xxxx of Sale delivered at Closing (which form of assignment is attached as Exhibit I (the “Assignment”)) and the Special Warranty of Title in the Special Warranty Deed delivered at Closing (which form is attached as Exhibit M (the “Special Warranty Deed”)), (i) Seller makes no warranty or representation, express, implied, statutory or otherwise, with respect to Seller’s title to the Assets and (ii) Buyer hereby acknowledges and agrees that Buyer’s sole remedies for any defect of title, including any Title Defect with respect to an individual Hydrocarbon Well or a Lease Tract, shall be Buyer’s right to adjust the Purchase Price to the extent provided in this Article 4 (or, if applicable, to terminate this Agreement pursuant to Article 12).
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Special Warranty of Title is defined in Section 3.6.
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Related to Special Warranty of Title

  • Certificate of title means, with respect to any Financed Vehicle, the certificate of title or other documentary evidence of ownership of such Financed Vehicle as issued by the department, agency or official of the jurisdiction (whether in paper or electronic form) in which such Financed Vehicle is titled responsible for accepting applications for, and maintaining records regarding, certificates of title and liens thereon.

  • Document of title means a record that in the regular course of business or financing is treated as adequately evidencing that the person in possession or control of the record is entitled to receive, control, hold, and dispose of the record and the goods the record covers and that purports to be issued by or addressed to a bailee and to cover goods in the bailee's possession which are either identified or are fungible portions of an identified mass. The term includes a bill of lading, transport document, dock warrant, dock receipt, warehouse receipt, and order for delivery of goods. "Electronic document of title" means a document of title evidenced by a record consisting of information stored in an electronic medium. "Tangible document of title" means a document of title evidenced by a record consisting of information that is inscribed on a tangible medium.

  • Documents of Title Has the meaning given that term in the UCC.

  • Acceptable Document of Title means, with respect to any Inventory, a tangible, negotiable xxxx of lading or other Document (as defined in the UCC) that (a) is issued by a common carrier which is not an Affiliate of the Approved Foreign Vendor or any Loan Party which is in actual possession of such Inventory, (b) is issued to the order of a Loan Party or, if so requested by the Agent, to the order of the Agent, (c) names the Agent as a notify party and bears a conspicuous notation on its face of the Agent’s security interest therein, (d) is not subject to any Lien (other than in favor of the Agent), and (e) is on terms otherwise reasonably acceptable to the Agent.

  • Warranty Rights means the Warranty Rights as described in Schedule I to the Participation Agreement.

  • Leased Intangible Property means all agreements, service contracts, equipment leases, booking agreements and other arrangements or agreements affecting the ownership, repair, maintenance, management, leasing or operation of the Leased Property, or any portion thereof, to which Landlord is a party; all books, records and files relating to the leasing, maintenance, management or operation of the Leased Property, or any portion thereof, belonging to Landlord; all transferable or assignable permits, certificates of occupancy, operating permits, sign permits, development rights and approvals, certificates, licenses, warranties and guarantees, rights to deposits, trade names, service marks, telephone exchange numbers identified with the Leased Property, and all other transferable intangible property, miscellaneous rights, benefits and privileges of any kind or character belonging to Landlord with respect to the Leased Property.

  • Warranty Xxxx of Sale means the warranty (as to title) xxxx of sale covering the Aircraft executed by Manufacturer or an affiliate of Manufacturer in favor of Company and specifically referring to each Engine, as well as the Airframe, constituting a part of the Aircraft.

  • Seller’s Warranties means the warranties given by the Seller pursuant to Clause 9 and Schedule 9, and “Seller’s Warranty” means any one of them;

  • Investment Property means a security, whether certificated or uncertificated, security entitlement, securities account, commodity contract, or commodity account.

  • Purchaser Warranties shall have the meaning ascribed to the term in Clause 8.1;

  • Limited Warranty means the limited warranties and your coverage provided by IKO for your Shingles as expressly set out in this document, and are the only warranties being provided by IKO.

  • Real Property Interests means all interests in real property of whatever nature, including easements, whether as owner or holder of a Security Interest, lessor, sublessor, lessee, sublessee or otherwise.

  • Seller Warranties means the warranties given by the Seller in Schedule 3;

  • Purchased Equipment means any equipment, including any Software, sold by BT to the Customer.

  • Warranty means a warranty made solely by the manufacturer,

  • Personal Property means any machinery, equipment, tools, vehicles, furniture, leasehold improvements, office equipment, plant, parts and other tangible personal property.

  • Leased Equipment means the computers, servers, machinery and equipment and other tangible personal property leased by Seller for use in the operation or conduct of the Business.

  • Uncertificated Security shall have the meaning given such term in Section 8-102(a)(18) of the UCC.

  • Purchaser’s Warranties means the warranties of the Purchaser set out in Clause 6.2 and Schedule 2;

  • Tax Warranties means the Warranties set out in Part C of Schedule 4;

  • Excepted Property has the meaning specified in the Granting Clauses of this Indenture.

  • movable property means property of every description except immovable property;

  • Permitted Real Property Encumbrances means (i) those liens, encumbrances and other matters affecting title to any Mortgaged Property listed in the applicable title policy in respect thereof (or any update thereto) and found, on the date of delivery of such title policy to the Administrative Agent in accordance with the terms hereof, reasonably acceptable by the Administrative Agent, (ii) as to any particular real property at any time, such easements, encroachments, covenants, restrictions, rights of way, minor defects, irregularities or encumbrances on title which do not, in the reasonable opinion of the Administrative Agent, materially impair such real property for the purpose for which it is held by the mortgagor or owner, as the case may be, thereof, or the Lien held by the Administrative Agent, (iii) municipal and zoning laws, regulations, codes and ordinances, which are not violated in any material respect by the existing improvements and the present use made by the mortgagor or owner, as the case may be, of such real property, (iv) general real estate taxes and assessments not yet delinquent, and (v) such other items as the Administrative Agent may consent to.

  • Manufacturer’s Warranty means the warranty supplied from time to time by the manufacturer of the Goods as at the date of the acceptance of the Statement of Work; “PPSA” means the Personal Property Securities Xxx 0000; “Price” means the amount specified within each Statement of Work (subject to any Variation) or as otherwise specified from the Company to the Customer representing the cost for the Works; “Related Work” means any additional building, carpentry, painting, plastering, plumbing or other work or other trades that the Customer requires, which are not to be carried out by the Company; “Services” means the services provided by the Company to the Customer as part of the Works, which may include without limitation the installation of Goods; “Services Delay Charge” means the services delay charge (if any) set out in the Statement of Work; “Services Interruption Event” means any interruption to a Works caused by; a Force Majeure Event, the Customer’s failure to carry out or perform any obligation required of it under this agreement which in the sole opinion of the Company does or may cause a delay in the Works and any other matter which in the reasonable opinion of the Company will cause an interruption or delay in the performance of the Works; “Statement of Work” means the details outlining the provision of the Works, which statement can be delivered verbally or in writing (including email) and may include (where applicable) an estimate or quotation (as specifically expressed as the case) of costs; “Variation” means a change in the Statement of Work including the specifications, scope, time of supply, price or scale of the Works and such variation shall form part of this agreement; “Workmanship” means a good and high quality and standard of delivery in connection with the Services performed; “Works” means the supply of Goods and the provision of Services to the Customer as per each Statement of Work;