Buyer’s Title Objections Sample Clauses

Buyer’s Title Objections. Buyer shall have until the tenth (10th) day after the Effective Date to notify Seller in writing of any objections to any exceptions shown in the Preliminary Report (the “Title Objections”). Seller shall not be obligated to incur any expense to cure Buyer’s objections, except as expressly provided to the contrary herein. Within five (5) Business Days after receipt of Buyer’s notice of its Title Objections, Seller may notify Buyer by written notice that Seller, in its sole discretion, elects (a) to cause or (b) not to cause any or all the Title Objections disclosed therein to be removed or insured over by the Title Company in a manner satisfactory to Buyer in Xxxxx’s sole discretion (“Seller’s Title Response”). Seller’s failure to notify Buyer within such five (5) Business Day period shall be deemed an election by Seller not to remove or cause the Title Company to insure over such Title Objection in a manner satisfactory to Buyer in Buyer’s sole discretion. If Seller notifies or is deemed to have notified Buyer that Seller shall not remove nor have the Title Company insure over any or all of the Title Objections in a manner satisfactory to Buyer in Buyer’s sole discretion, Buyer shall have until the end of the Due Diligence Period to (i) terminate this Agreement by giving a Termination Notice, or (ii) waive such Title Objections and proceed to Close without any abatement or reduction in the Purchase Price on account of such Title Objections and such Title Objections shall be deemed approved and be Permitted Exceptions. If Buyer does not timely give a Termination Notice, Buyer shall be deemed to have elected to waive such Title Objections, all Title Objections shall be deemed approved by Buyer and be Permitted Exceptions, and Seller shall have no obligation to remove or insure over such Title Objections. Notwithstanding the foregoing, Seller shall be obligated to remove as exceptions to the Title Policy by payment, bonding, or otherwise, all delinquent real estate taxes and assessments, and any mortgages, deeds of trust, or other monetary liens that encumber the Property caused by Seller, and such matters shall not constitute Permitted Encumbrances.
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Buyer’s Title Objections. Within twenty (20) days following Xxxxx’s receipt of the Title Commitment, Buyer shall provide Seller with written notice of any objections to
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Buyer’s Title Objections. Buyer may object in writing to items disclosed in the Title Commitment (“Title Objections”). Buyer must object the earlier of (i) the Closing Date or
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Buyer’s Title Objections. Buyer does hereby withdraw and cancel Buyer’s Title Review Chart and letter dated November 16, 2012, from Xxxx XxXxxx, Senior Real Estate Paralegal, Xxxxxxxx & Xxxxxxxx, LLP, addressed to Seller (“Buyer’s Title Objections”). In no event shall Seller be obligated to respond to Buyer’s Title Objections.
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Buyer’s Title Objections. Buyer shall give Seller notice of Buyer's Title Objections with respect to the Property by the Study Deadline (the "Title Objection Notice"). Buyer may not thereafter raise any Title Objections as to matters in existence as of the Title Examination Baseline Date which were not set forth in such Title Objection Notice. Buyer may, [*] Indicates that information has been omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment. however, make rundown or update Title Examinations as to matters which arise after the Title Examination Baseline Date, and may raise Title Objections as to any such subsequently occurring matters by delivering a Title Objection Notice with respect thereto at any time up to and including the Closing.
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Buyer’s Title Objections. Buyer’s Title Objections is defined in Section 4.3.
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Buyer’s Title Objections. Prior to 5:00 p.m. on November 2, ------------------------ 1995 (i.
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Buyer’s Title Objections. Within twenty (20) days following Buyer’s receipt of the Title Commitment, Buyer shall provide Seller with written notice of any objections to matters disclosed on the Title Commitment (“Title Objections”). If Buyer has ordered a Survey within the timeframe described in Section 4.B. above, then the Title Objections shall be required from Buyer Twenty (20) days following Buyer’s receipt of the Title Commitment and Survey. The Twenty
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Related to Buyer’s Title Objections

  • Title Exceptions To the best of Borrower’s knowledge after due inquiry and investigation, none of the items shown in the schedule of exceptions to coverage in the title policy issued to and accepted by Lender contemporaneously with the execution of this Loan Agreement and insuring Lender’s interest in the Mortgaged Property will have a Material Adverse Effect on the (a) ability of Borrower to pay the Loan in full, (b) ability of Borrower to use all or any part of the Mortgaged Property in the manner in which the Mortgaged Property is being used on the Closing Date, except as set forth in Section 6.03, (c) operation of the Mortgaged Property, or (d) value of the Mortgaged Property.

  • Title Matters Seller agrees to share equally with Buyer the closing costs and the cost of a title insurance company's commitment for and policy of title insurance. Buyer shall pay for any lender’s/mortgagee’s/instrument holder’s title insurance coverage. The title insurance company will furnish a copy of the commitment for title insurance and copies of all of the exception documents referred to therein (hereafter collectively referred to as the “Title Commitment”) to Seller, Buyer, Buyer’s lender and the listing/selling broker as promptly as possible. The Title Commitment shall show a merchantable title vested in Seller, subject to easements, restrictions and protective covenants of record, right-of-way’s, setbacks, tenant rights, trees, fences, ordinances and regulations, unmatured and future assessments, restrictions and protective covenants of record, provided no forfeiture provisions as contained therein, encroachments and overlaps, zoning laws, ordinances and regulations, those exceptions which are standard to a policy of title insurance in the State of Kansas or as specified herein, and those matters attaching to the title by reason of Buyer taking title to the real property. Buyer shall have a period of five (5) days following receipt of the Title Commitment (the “Objection Period”) in which to examine the Title Commitment and advise Seller in writing of any objections ("Title Objections") the Buyer may have to Seller's title as shown in the Title Commitment. Seller shall then have a period of five (5) days in which to notify Buyer in writing of those Title Objections it elects to cure. In the event Seller elects to cure less than all of the Title Objections, Buyer shall have the right to terminate this Agreement by giving Seller written notice thereof within five (5) days of its receipt of Seller's notice, in which case the Xxxxxxx Money shall be returned to Buyer, and thereafter neither party shall have any further obligation hereunder. In the event Buyer does not terminate this Agreement, Seller shall have until Closing ("Cure Period") in which to cure the Title Objections the Seller has elected to cure, which the Buyer Agrees to extend for an additional 45 days in the event Seller has initiated a lawsuit to cure the title objection or objections. Title Objections may also be cured in accordance with applicable current titled standards in the Kansas Title Standards Handbook.

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