Common use of Commitment for Title Insurance Clause in Contracts

Commitment for Title Insurance. Within five (5) days after the Effective Date, Seller shall deliver to Purchaser and the surveyor described in Section 2.2 below (a) a current title commitment (the “Title Commitment”) covering the Property, showing all matters affecting title to the Property and binding the Title Company to issue at Closing an Owner’s Policy of Title Insurance, on the form customarily used in the area in which the Property is located, in the full amount of the Purchase Price pursuant to Section 2.5 hereof, and (b) legible copies of all instruments (the “Exception Instruments”) referenced in the Title Commitment.

Commitment for Title Insurance. Within five (5) days after the Effective Date, Seller shall deliver to Purchaser and the surveyor described in Section 2.2 below (a) a current title commitment (the “"Title Commitment”") covering the Property, showing all matters affecting title to the Property and binding the Title Company to issue at Closing an Owner’s 's Policy of Title Insurance, on the form customarily used in the area in which the Property is located, in the full amount of the Purchase Price pursuant to Section 2.5 hereof, and (b) legible copies of all instruments (the “"Exception Instruments”") referenced in the Title Commitment.

Commitment for Title Insurance. Within five (5) days after the Effective DateDate hereof, Seller shall deliver to Purchaser and obtain from the surveyor described Title Company specified in Section 2.2 below (a) 1.6 hereof, at Seller's expense, a current title insurance commitment (the “"Title Commitment”") covering the Property, showing all matters affecting title to the Property and binding the Title Company to issue at Closing an Owner’s 's Policy of Title Insurance, on the form customarily used in the area in which the Property is located, Insurance in the full amount of the Purchase Price pursuant to Section 2.5 2.4 hereof. Purchaser shall instruct the Title Company to deliver to Purchaser, Seller and (b) legible the surveyor described in Section 2.2 below copies of the Title Commitment and copies of all instruments (the “Exception Instruments”) referenced in the Title CommitmentSchedule B thereof.