Buyer’s Objections. Within twenty (20) days after receiving the last of the Title Evidence, Buyer shall make written objections (the “Objections”) to the form and/or contents of the Title Evidence, including the Permitted Encumbrances. Buyer’s failure to make Objections within such time period will constitute a waiver of Objections. Any matter shown on such Title Evidence and not objected to by Buyer shall be a Permitted Encumbrance hereunder. Seller will have sixty (60) days after receipt of the Objections to advise Buyer in writing what, if any, Objections, Seller agrees to cure. Unless Seller specifically agrees to cure an Objection, Seller is not obligated to cure any Objection, except to cause the Property to be released from liens resulting from debt obligations created, allowed or suffered by Seller. If an Objection based on a debt obligation created, allowed or suffered by Seller can be satisfied with the payment of money and Seller fails to satisfy same by the Closing Date, Buyer shall have the right to apply a portion of the cash payable to Seller at the Closing to satisfaction of such Objection and the amount so applied shall reduce the amount of cash payable to Seller at the Closing. If Seller agrees to cure one or more Objections, Seller shall have twenty (20) days after the date it agrees to cure the Objections to complete same, during which time the Closing Date, if it intervenes during that period, shall be postponed until seven (7) days after the expiration of the cure period. If the Objections that Seller agrees to cure are not cured within the twenty (20) day cure period, Buyer will have the option to do any of the following:
Buyer’s Objections. Within thirty (30) days after receiving a Title Commitment, Buyer shall make written objections (“Objections”) to the form and/or contents of the Title Commitment. Buyer’s failure to make Objections within such time period will constitute a waiver of Objections. Any matter shown on the Title Commitment and not objected to by Buyer shall be a “Permitted Encumbrance” pursuant to this Agreement. Seller will have 60 days after receipt of the Objections to cure the Objections, during which period the Closing will be postponed as necessary. Seller shall use its best efforts to correct any Objections. To the extent an Objection can be satisfied by the payment of money, Buyer shall have the right to apply a portion of the cash payable to Seller at the Closing to satisfaction of such Objection and the amount so applied shall reduce the amount of cash payable to Seller at the Closing. If the Objections are not cured within such 60 day period, Buyer will have the option to do any of the following:
Buyer’s Objections. If Xxxx has obtained a Title Commitment within the time set forth in 10.2, Buyer shall, within ten (10) business days after receiving the Title Commitment, make written objections (“Objections”) to the contents of the Title Commitment. Buyer’s failure to make Objections within such time period will constitute a waiver of Objections. Any matter shown on the Title Commitment and not objected to by Buyer shall be a “Permitted Encumbrance” pursuant to this Agreement. Seller will have sixty (60) days after receipt of the Objections to cure the Objections, during which period the Closing will be postponed as necessary. Seller shall use its best efforts to correct any Objections. To the extent an Objection can be satisfied by the payment of money, Buyer shall have the right to apply a portion of the cash payable to Seller at the Closing to satisfaction of such Objection and the amount so applied shall reduce the amount of cash payable to Seller at the Closing. If the Objections are not cured within such sixty (60) day period, Buyer will have the option to do any of the following:
Buyer’s Objections. Within ten (10) days after receiving the Title Commitment, Buyer will notify Seller of any objections to the form and/or contents of the Title Commitment (“Objections”). Buyer’s failure to make Objections within such time period will constitute waiver of any Objections. Any matter shown on such Title Commitment and not objected to by Buyer shall be a “Permitted Encumbrance” hereunder. Seller will have fifteen (15) days after receipt of the Objections to cure the Objections, during which period the Closing will be postponed, if necessary, provided Seller shall have no obligation to cure such Objections. If the Objections are not cured within such 15-day period, Buyer will have the option to do any of the following:
Buyer’s Objections. 4.3.1 On or before the date which is the Thirty-Fifth (35th) day after the Effective Date, Xxxxx may deliver to Seller Buyer’s written notice identifying any matters, conditions and exceptions reflected in the Commitment and the Survey, if any, which are not acceptable to Buyer (the “Objected Exceptions”).
Buyer’s Objections. Buyer shall be allowed 10 days after receiving the last of the Title Evidence in which to notify Seller in writing of any objections based on the form of or the matters disclosed by the Title Evidence ("Objections"). Buyer's failure to make Objections within such time period will constitute a waiver of Objections. Any matter shown on such Title Evidence and not objected to by Buyer shall be a "Permitted Encumbrance" hereunder. Seller agrees to diligently proceed to cure any Objections. If the Objections are not cured within 30 days after Buyer delivers written notice of the Objections to Seller, Buyer will have the right to do any of the following:
Buyer’s Objections. Within thirty (30) days after receiving the Title Commitment, Buyer shall make written objections (“Objections”) to the form and or contents of the Title Commitment. Xxxxx’s failure to make Objections within such time period will constitute waiver of Objections. Any matter shown on such Title Commitment and not objected to by Buyer shall be deemed an additional “Permitted Encumbrance” hereunder. Seller shall have thirty (30) days after receipt of the Objections to cure the objections, during which period the Closing will be postponed as necessary. Seller shall use its best efforts to correct any Objections. If the Objections are not cured within such 30-day period, Buyer will, in addition to any other remedy available at law or under this Agreement, have the option to do any of the following:
Buyer’s Objections. Within thirty (30) days after Buyer is in receipt of an updated survey for the Property, updated commitment to provide title insurance and any other matters which impact the status or marketability of title to the Property (collectively, the “Title Evidence”), Buyer shall object (the “Objections”) to the form and/or content of the Title Evidence. Buyer’s failure to make Objections within such time period will constitute waiver of Objections, except as expressly outlined herein. Any matter waived or not objected to by Buyer shall become a “Permitted Encumbrance” under the terms of this Agreement. Seller will have thirty (30) days after receipt of any Objections to cure the Objections, or to cause the Title Company to insure over such Objections on terms that are acceptable in all respect to Buyer, during which period the Closing will be postponed as necessary. Seller will use commercially reasonable efforts to correct any Objections. If the Objections are not cured within such thirty (30) day period, or if Seller has not caused the Title Company to insure over such Objections on such terms as are acceptable in all respects to Buyer, then Buyer will have the option to do any of the following:
Buyer’s Objections. Buyer shall have fifteen (15) days after receipt of the Commitment to object in writing to any matter shown in the Report (“Buyer’s Objections”). However, if Buyer fails to object within such fifteen (15) day period, the condition of title to the Property shall be deemed approved by Buyer. If the Report is amended or revised to add a new matter, Buyer will have five (5) business days following its receipt of the amended or revised Report (including legible and complete copies of all new exceptions or requirements to title) to deliver Buyer’s Objections to such new matter. If Xxxxx fails to timely deliver Buyer’s Objections, Buyer will be deemed to have waived its right to deliver the Buyer’s Objections to the Report, as applicable.
Buyer’s Objections. If Buyer waives Buyer’s Objections, the matters giving rise to such Objections will be deemed a Permitted Encumbrance and the Parties will fully perform their obligations under this Agreement. The Parties will establish a new Date of Closing by mutual agreement, but if the Parties cannot establish a new Date of Closing by mutual agreement, the Date of Closing will be the date ten (10) days from the date Seller has deemed to have received notice from Buyer that Buyer waives Buyer’s Objections. If Buyer does not notify Seller of Buyer’s election to terminate this Agreement pursuant to subsection (a) above or waive Buyer’s Objections pursuant to subsection (b) above within ten (10) days of the expiration of the Cure Period provided for above, it will be deemed a waiver of Buyer’s right to terminate and this Agreement shall continue in full force and effect.
