Common use of Definition of Survey, Title Review Period Clause in Contracts

Definition of Survey, Title Review Period. The second sentence of Section 3.2 is hereby modified to read as follows: “Within two (2) days following the Effective Date, Seller shall furnish Buyer with a copy of the most recent survey of the Community in Seller’s possession, if any (the “Prior Survey”, and collectively with the New Survey, the “Survey”) of any or all of the Land and the Improvements by a registered land surveyor.” Additionally, to avoid the implication that the Title Review Period has commenced running and/or expired, the term “Title Review Period” is hereby modified to have the same meaning as the Due Diligence Period, such that the Title Review Period shall expire when the Due Diligence Period expires.

Appears in 7 contracts

Samples: Assignment of Asset Purchase Agreement (Griffin-American Healthcare REIT IV, Inc.), Assignment of Asset Purchase Agreement (Griffin-American Healthcare REIT IV, Inc.), Assignment of Asset Purchase Agreement (Griffin-American Healthcare REIT IV, Inc.)

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