Title Objection Period definition

Title Objection Period has the meaning specified in Section 1.6(b)(i).

Title Objection Period means a period commencing on the first day following receipt by Buyer of the Survey, the Commitment, the Reports and the Title Documents and ending ten (10) days thereafter. All matters shown on the Survey and exceptions listed in the Commitment or the Reports which are not objected to by Buyer within the Title Objection Period, shall be conclusively deemed to be acceptable to Buyer.

Title Objection Period means the period beginning on the Signing Date and ending at 5:00 p.m., Fulton, New York time, on February 19, 2019.

Examples of Title Objection Period in a sentence

• If after the Title Objection Period has expired a new title exception not shown on the PTR Package arises that would materially and adversely affect Developer’s use of the real property in question or the Project Site and that is not a Permitted Exception and is not caused by Developer or its Affiliates, then Developer may object to such new exception by notice to the Agency given within five (5) Business Days after Developer receives written notice from the Title Company of the new exception.

• If after the Title Objection Period has expired a new title exception not shown on the PTR Package arises that would materially and adversely affect Developer’s use of the real property in question or the Project Site and that is not a Permitted Exception and is not caused by Developer or its Affiliates, then Developer may object to such new exception by notice to the Authority given within five (5) Business Days after Developer receives written notice from the Title Company of the new exception.

• During the Title Objection Period, Purchaser may deliver to Seller its objections in writing to any liens, encumbrances and other matters reflected by the Title Commitment or the Survey (any such matters to which Purchaser so objects, the “Objection Matters”).

• Any matters reflected on the Commitment which are not objected to by EDA within the Title Objection Period or waived by EDA in accordance with Section 8.2B shall be deemed to be permitted encumbrances (“Permitted Encumbrances”).

• Any Objection Matters that Seller has expressly elected to cure, remove or insure around prior to the expiration of the Title Objection Period (or that Seller is obligated to cure) shall be designated as “Non-Permitted Exceptions”; provided, however, that in no event shall any lien, encumbrance or other matter created by, through or under Purchaser constitute a Non-Permitted Exception.

More Definitions of Title Objection Period

Title Objection Period has the meaning set forth in Section 6.18(c).

Title Objection Period has the meaning set forth in Section 20.6(b)(iii). “Title Policy” has the meaning set forth in Section 21.12(a).

Title Objection Period means a period commencing on the first day following Seller's delivery to Purchaser of the Survey, Commitment and Title Documents and ending ten (10) days thereafter. All matters shown on the Survey and exceptions listed in the Commitment which are not objected to by Purchaser by delivery of written notice to Seller within the Title Objection Period shall be conclusively deemed to be acceptable to Purchaser. In the event Purchaser timely objects to any title exception or Survey matter ("Title Objection"), Seller may but shall not be obligated to, cure such Title Objection. In the event Seller notifies Purchaser that Seller is unable or unwilling to cure any Title Objection, Purchaser shall be deemed to have waived the Title Objections unless within five (5) days following such notice, Purchaser delivers to Seller written notice terminating this Agreement. Notwithstanding anything herein to the contrary, in the event that Purchaser's right to terminate this Agreement pursuant to any provision of this Section 5.1 has not expired prior thereto, it shall expire upon expiration of the Inspection Period. As used in this Agreement, the term "Permitted Exceptions" shall mean all matters either shown on the Survey or listed in the Commitment to which Purchaser does not raise a Title Objection within the Title Objection Period or, having objected, Purchaser waives or is deemed to have waived in accordance with the provisions of this Section 5.1.

Title Objection Period shall have the meaning ascribed in Section 7(b) hereof.

Title Objection Period has the meaning specified in Section 2.3(b)(i).

Title Objection Period the period commencing on the Effective Date or the date of the Title Commitment, whichever is later, and extending until 5:00 p.m. on the thirtieth (30th) day thereafter. “Seller’s Agent” NONE “Xxxxx’s Agent” NONE

Title Objection Period means a period commencing on the first day following Seller's delivery to Purchaser of the Survey and Commitment and ending ten (10) days thereafter. All matters shown on the Survey and exceptions listed in the Commitment which are not objected to by Purchaser by delivery of written notice to Seller within the Title Objection Period shall be conclusively deemed to be acceptable to Purchaser. In the event Purchaser timely objects to any title exception or Survey matter ("Title Objection"), Seller may, but shall not be obligated to, cure such Title Objection; provided, however, if Seller is able and willing to eliminate or cure such Title Objection, Seller shall notify Purchaser in writing within five (5) days after the Title Objection Period ("Seller's Notice Period") of such facts (said notice hereinafter called "Seller's Title Notice"), in which case the elimination or curing of the Title Objection shall be completed on or before the Closing Date (as defined in Section 7.1). In the event Seller does not deliver Seller's Title Notice to Purchaser within Seller's Notice Period, Purchaser is deemed to be notified that Seller is unable or unwilling to cure the Title Objection. In the event Seller (i) does not deliver Seller's Title Notice, or (ii) notifies Purchaser that Seller is unable or unwilling to cure any Title Objection, Purchaser shall be deemed to have waived the Title Objections unless, within five (5) days following the expiration of Seller's Notice Period, Purchaser delivers to Seller written notice terminating this Agreement. Notwithstanding anything herein to the contrary, in the event that Purchaser's right to terminate this Agreement pursuant to any provision of this Section 5.1 has not expired prior thereto, it shall expire upon expiration of the Inspection Period. As used in this Agreement, the term "Permitted Exceptions" shall mean all matters either shown on the Survey or listed in the Commitment as either exceptions or exclusions to which Purchaser does not raise a Title Objection within the Title Objection Period or, having objected, Purchaser waives or is deemed to have waived in accordance with the provisions of this Section 5. 1. Notwithstanding the foregoing, Purchaser and Seller acknowledge that although Seller has no obligation to cure any title matters (whether or not the same constitute Title Objections), Seller does agree (subject to Purchaser's full performance hereunder) to deliver title to the Property at Closing free and cl...