Common use of Buyer’s Objections Clause in Contracts

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. Within thirty fifteen (3015) days after receiving a the last of the Title CommitmentEvidence, Buyer shall will make written objections (“"Objections”") to the form and/or contents of the Title CommitmentEvidence. Buyer’s 's failure to make Objections within such time period will constitute a waiver of Objections. Any matter shown on the such Title Commitment Evidence 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" hereunder. Seller shall use its best efforts to correct any cure the Objections, but such efforts shall not postpone the Closing. 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 periodby the Closing Date, Buyer will have the option to do any of the followingto: