Delivery of Title Policy. At the Closing, whether or not NetREIT has timely delivered to the Title Company such update, revision or recertification of the Existing ALTA Surveys (or new ALTA surveys) in insurable form, if any, required by the Title Company to issue the ALTA Title Policy to NetREIT (collectively, the "Updated ALTA Surveys"), the Title Company shall be irrevocably committed to issue to the Partnership ALTA Owner's Policies of Title Insurance in the amount of $14,500,000 (as allocated by NetREIT on behalf of the Partnership among the real property comprising the Real Property) insuring fee title to the Real Property is vested in the Partnership subject only to the Permitted Exceptions (collectively, the "ALTA Title Policy"). The Updated ALTA Surveys required by the Title Company for the issuance of the ALTA Title Policy, if any, shall be prepared and delivered at the Partnership's sole cost and expense and, notwithstanding anything to the contrary contained herein, neither the title review period set forth in Section 4.1.1 above nor the Closing Date shall be extended to allow the Partnership to obtain the Updated ALTA Surveys or any updated title report(s) based thereon or to otherwise raise or address any title and/or survey issues disclosed by such Updated ALTA Surveys or updated title report(s) based on such Updated ALTA Surveys; provided, however, NetREIT's comments to the Updated ALTA Surveys may be included in NetREIT's Title Objection Notice. As used in this Agreement, the term "Permitted Exceptions" shall mean (a) all matters set forth in the Title Documents and any updated title report(s) which NetREIT approves (or is deemed to approve) pursuant to Section 4.1.1 above (b) non-delinquent Property Taxes (including non-delinquent community facilities district, business improvement district or local improvement district assessments); (c) the lien of supplemental taxes assessed relating to the period from and after the Closing, including supplemental assessments resulting from the transfer of the Property to the Partnership and any construction of the Improvements; (d) all zoning restrictions, regulations and requirements, all building codes and all other applicable laws, ordinances and governmental regulations affecting the Property, provided NetREIT shall be entitled to review and approve the same pursuant to Section 4.1.5 above; (e) all matters directly or indirectly caused by or arising through NetREIT or NetREIT's agents, consultants or contractors; and (f) al...
Delivery of Title Policy. Seller shall cause the Title Company to deliver to Buyer, at Seller’s sole cost and expense, the ALTA standard coverage owner’s title policy with the standard exceptions deleted, and, at Buyer’s cost, a lender’s policy and such endorsements as Buyer may have requested, if any, for the Private Development Site promptly following the Closing.
Delivery of Title Policy. At the Close of Escrow, the Title Company shall deliver to Purchaser the Title Policy in accordance with Paragraph 4(d).
Delivery of Title Policy. At the Closing, if Buyer has timely delivered to the Title Company an ALTA Survey in insurable form reasonably acceptable to the Title Company, the Title Company shall be irrevocably committed to issue to Buyer the ALTA Policy (defined below). Alternatively, if Buyer has not timely delivered to the Title Company an ALTA Survey in insurable form reasonably acceptable to the Title Company, the Title Company shall be irrevocably committed to issue to Buyer the CLTA Title Policy (defined below). The ALTA Policy or the CLTA Title Policy, as the case may be, shall be subject only to (i) the exceptions listed on Exhibit B to this Agreement; (ii) matters of title respecting the Real Property approved by Buyer pursuant to the provisions of this Agreement; and (iii) matters affecting the condition of title to the Real Property created or permitted with the written consent of Buyer or its agents, representatives, consultants or contractors (collectively, the "Permitted Exceptions").
Delivery of Title Policy. Borrower shall insure that each Title Policy and copies of the [Deed of Trust] and all other recorded documents are delivered when available to Lenders with copies to USBCDC and Disbursing Agent.
Delivery of Title Policy. Escrow Agent shall instruct the Title Company to deliver the Title Policy to Developer.
Delivery of Title Policy. At the Closing, the Title Company shall be irrevocably and unconditionally (except for receipt of payment of the premium therefor) committed to issue to Buyer a standard ALTA Form 2006 Owner’s Policy of Title Insurance in the amount of the Purchase Price insuring fee title is vested in Buyer for the Property, subject only to the Permitted Encumbrances and otherwise in accordance with Section 4.1.1 (the “Title Policy”). Buyer may request each Title Policy to be issued as an extended coverage policy and/or to have additional endorsements; however, except with respect to those Permitted Encumbrances described 11476794.5 14 in subclause (i) of the definition thereof, Buyer shall be responsible to satisfy, at Buyer’s sole cost, any additional requirements of Title Company to issue such extended coverage or endorsements (including, but not limited to, a current survey), and Title Company’s commitment to issue such extended coverage and endorsements shall not be a Buyer’s Closing Condition.
Delivery of Title Policy. At the Closing, the Title Company shall be prepared to issue to Purchaser an ALTA owner’s policy of title insurance (the “Title Policy”), insuring Purchaser’s fee simple title in the Premises in the amount of the Purchase Price without exception for any mechanic’s liens, subject only to the Permitted Exceptions.
Delivery of Title Policy. After the Asset Closing, the Title Company shall promptly deliver the Title Policy to Buyer.
Delivery of Title Policy. As soon as reasonably practicable after Closing, Seller shall cause the Title Company to deliver an ALTA Owner’s Title Insurance Policy to Buyer in accordance with the most recent Title Commitment issued prior to Closing and Sections 2.2.1 and 2.8 of this Agreement.
