Common use of Delivery of Title Policy at Closing Clause in Contracts

Delivery of Title Policy at Closing. In the event that the Title Company does not issue at Closing, or unconditionally commit at Closing to issue, to Purchaser, an owner’s title policy in accordance with the Title Commitment, insuring Purchaser’s title to the Property in the amount of the Purchase Price, subject only to the standard exceptions and exclusions from coverage contained in such policy and the Permitted Exceptions (the “Title Policy”), Purchaser shall have the right to terminate this Agreement, in which case the Xxxxxxx Money shall be immediately returned to Purchaser and the parties hereto shall have no further rights or obligations, other than those that by their terms survive the termination of this Agreement.

Delivery of Title Policy at Closing. In the event that the Title Company does not issue at Closing, or unconditionally commit at Closing to issue, to Purchaser, an owner’s 's title policy in accordance with the Title Commitment, insuring Purchaser’s 's title to the Property in the amount of the Purchase Price, subject only to the standard exceptions and exclusions from coverage contained in such policy and the Permitted Exceptions (the “"Title Policy”"), Purchaser shall have the right to terminate this Agreement, in which case the Xxxxxxx Money shall be immediately returned to Purchaser and the parties hereto shall have no further rights or obligations, other than those that by their terms survive the termination of this Agreement.

Delivery of Title Policy at Closing. In the event that the Title Company does not issue at Closing, or unconditionally commit at Closing to issue, issue to Purchaser, Purchaser an owner’s title policy in accordance with the Title Commitment, insuring Purchaser’s indefeasible fee simple title to the Real Property in the amount of the Purchase Price, subject only to the standard exceptions and exclusions from coverage contained in such policy and the Permitted Exceptions (the “Title Policy”“), then Purchaser shall have the right right, as its sole and exclusive remedy, to terminate this Agreement, in which case the Xxxxxxx Money shall be immediately returned to Purchaser and the parties hereto shall have no further rights or obligations, other than those that by their terms survive the termination of this Agreement.

Delivery of Title Policy at Closing. In the event that the Title Company does not issue at Closing, or unconditionally commit at Closing to issue, to Purchaser, an owner’s 's title policy in accordance with the Title Commitment, insuring Purchaser’s 's title to the Property in the amount of the Purchase Price, subject only to the standard exceptions and exclusions from coverage contained in such policy and the Permitted Exceptions (the “"Title Policy”"), Purchaser shall have the right to terminate this Agreement, in which case the Xxxxxxx Money shall be immediately returned to Purchaser and the parties hereto shall have no further rights or obligations, other than those that by their terms survive the termination of this Agreement.

Delivery of Title Policy at Closing. In the event that the Title Company does not issue at Closing, or unconditionally commit at Closing to issue, to Purchaser, an owner’s 's title policy in accordance with the Title Commitment, insuring Purchaser’s 's title to the Property in the amount of the Purchase Price, subject only to the standard exceptions and exclusions from coverage contained in such policy and the Permitted Exceptions (the “"Title Policy”"), Purchaser shall have the right to terminate this Agreement, in which case the Xxxxxxx Earnest Money shall be immediately returned to Purchaser and the parties hereto partixx xxxxto shall have no further rights or obligations, other than those that by their terms survive the termination of this Agreement.

Delivery of Title Policy at Closing. In the event that the Title Company does not issue at Closing, or unconditionally commit at Closing to issue, to Purchaser, an owner’s 'S title policy in accordance with the Title Commitment, insuring Purchaser’s 's title to the Property property in the amount of the Purchase Price, subject only to the standard exceptions and exclusions from coverage contained in such policy and the Permitted Exceptions (the “"Title Policy”"), Purchaser shall have the right to terminate this Agreement, in which case the Xxxxxxx Money shall be immediately returned to Purchaser and the parties hereto shall have no further rights or obligations, other than those that by their terms survive the termination of this Agreement.

Delivery of Title Policy at Closing. In the event that the Title Company does not issue at Closing, or unconditionally commit at Closing to issue, to PurchaserBuyer, an a standard ALTA coverage owner’s title policy in accordance with the Title CommitmentPTR, without endorsements and insuring PurchaserBuyer’s title to the Real Property in the amount of the Purchase Price, subject only to the standard exceptions and exclusions from coverage contained in such policy and the Permitted Exceptions (the “Title Policy”), Purchaser Buyer shall have the right to terminate this Agreement, in which case the Xxxxxxx Money Deposit shall be immediately returned to Purchaser Buyer and the parties hereto shall have no further rights or obligations, other than those that by their terms survive the termination of this Agreement.

Delivery of Title Policy at Closing. In the event that the Title Company does not issue at Closing, or unconditionally commit at Closing to issue, to Purchaser, an owner’s 's title policy in accordance with the Title Commitment, insuring Purchaser’s 's title to the Real Property in the amount of the Purchase Price, subject only to the standard exceptions and exclusions from coverage contained in such policy and the Permitted Exceptions (the “"Title Policy”"), Purchaser shall have the right to terminate this Agreement, in which case the Xxxxxxx Earnest Money shall be immediately ixxxxxxxely returned to Purchaser and the parties hereto shall have no further rights or obligations, other than those that by their terms survive the termination of this Agreement.

Delivery of Title Policy at Closing. In the event that the Title Company does not issue at Closing, or unconditionally commit at Closing to issue, to Purchaser, an owner’s 's title policy in accordance with the Title Commitment, insuring Purchaser’s 's title to the Property in the amount of the Purchase Price, subject only to the standard exceptions and exclusions from coverage contained in such policy and the Permitted Exceptions (the “"Title Policy”"), Purchaser shall have the right to terminate this Agreement, in which case the Xxxxxxx Money Earnxxx Xxxey shall be immediately returned to Purchaser and the parties hereto shall have no further rights or obligationsobligations hereunder, other than those that by their terms survive the termination of this Agreement.

Delivery of Title Policy at Closing. In the event that the Title Company does not issue at Closing, or unconditionally commit at Closing to issue, to Purchaser, an extended coverage ALTA owner’s 's form title policy (2006) in accordance with the Title Commitment, insuring Purchaser’s 's title to the Property in the amount of the Purchase Price, subject only to the standard exceptions and exclusions from coverage contained in such policy and the Permitted Exceptions (the “"Title Policy”"), Purchaser shall have the right to terminate this Agreement, in which case the Xxxxxxx Money shall be immediately returned to Purchaser and the parties hereto shall have no further rights or obligations, other than those that by their terms survive the termination of this Agreement.

Delivery of Title Policy at Closing. In the event that the Title Company does not issue at Closing, or unconditionally and irrevocably commit at Closing to issue, to Purchaser, an owner’s title policy in accordance with the Title Commitment, insuring Purchaser’s fee simple title to the Real Property in the amount of the Purchase Price, subject only to the standard exceptions and exclusions from coverage contained in such policy and the Permitted Exceptions (the “Title Policy”), Purchaser shall have the right to terminate this Agreement, in which case the Xxxxxxx Money shall be immediately returned to Purchaser Purchaser, and the parties hereto shall have no further rights or obligations, other than those that by their terms survive the termination of this Agreement.

Delivery of Title Policy at Closing. In the event that the Title Company does not issue at Closing, or unconditionally commit at Closing to issue, to Purchaser, an owner’s title policy in accordance with the Title Commitment, insuring Purchaser’s title to the Property in the amount of the Purchase Price, subject only to the standard exceptions and exclusions from coverage contained in such policy and the Permitted Exceptions (the “Title Policy”), Purchaser shall have the right tight to terminate this Agreement, in which case the Xxxxxxx Exxxxxx Money shall be immediately returned to Purchaser and the parties hereto shall have no further rights or obligations, other than those that by their terms survive the termination of this Agreement.

Delivery of Title Policy at Closing. In the event that the Title Company does not issue at Closing, or unconditionally commit at Closing to issue, to Purchaser, an owner’s title policy in accordance with the Title Commitment, insuring Purchaser’s title to the Property in the amount of the Purchase Price, subject only to the standard exceptions and exclusions from coverage contained in such policy and the Permitted Exceptions (the “Title Policy”), Purchaser shall have the right to terminate this Agreement, in which case the Xxxxxxx Money shall be immediately returned to Purchaser and the parties hereto shall have no further rights or obligations, other than those that by their terms survive the termination of this Agreement.. Agreement of Purchase and Sale - (Parkway at Oak Hill) - Page 10 4171958.3 13662.94208

Delivery of Title Policy at Closing. In the event that the Title Company does not issue at Closing, or unconditionally commit at Closing to issue, to Purchaser, an owner’s 's title policy in accordance with the Title Commitment, insuring Purchaser’s good, clear and marketable title to the Property in the amount of the Purchase Price, subject only to the standard exceptions and exclusions from coverage contained in such policy and the Permitted Exceptions (the “"Title Policy”"), Purchaser shall have the right to terminate this Agreement, in which case the Xxxxxxx Earnest Money (less the Texxxxxxxon Reimbursement, which shall be delivered to Seller) shall be immediately returned to Purchaser and the parties hereto shall have no further rights or obligations, other than those that by their terms survive the termination of this Agreement.

Delivery of Title Policy at Closing. In the event that the Title Company does not issue at Closing, or unconditionally commit at Closing to issue, to Purchaser, an owner’s title policy in accordance with the Title Commitment, insuring Purchaser’s title to interest in the Real Property in the amount of the Purchase Price, subject only to the standard exceptions and exclusions from coverage contained in such policy and the Permitted Exceptions (the “Title Policy”), Purchaser shall have the right to terminate this Agreement, in which case the Xxxxxxx Money shall be immediately returned to Purchaser and the parties hereto shall have no further rights or obligations, other than those that by their terms survive the termination of this Agreement.

Delivery of Title Policy at Closing. In the event that the Title Company does not issue at Closing, or unconditionally commit at Closing to issue, to PurchaserBuyer, an ALTA standard coverage owner’s title policy in accordance with the Title Commitment, insuring PurchaserBuyer’s title to the Real Property in the amount of the Purchase Price, subject only to the standard exceptions and exclusions from coverage contained in such policy and the Permitted Exceptions (the “Title Policy”), Purchaser Buyer shall have the right to terminate this Agreement, in which case the Xxxxxxx Money shall be immediately returned to Purchaser Buyer and the parties hereto shall have no further rights or obligations, other than those that by their terms survive the termination of this Agreement.

Delivery of Title Policy at Closing. In the event that the Title Company does not issue at Closing, or unconditionally commit at Closing to issue, to PurchaserBuyer, an ALTA extended coverage owner’s title policy (1970 form) in accordance with the Title Commitmentterms of this Agreement, insuring PurchaserBuyer’s title to the Real Property in the amount of the Purchase Price, subject only to the standard exceptions and exclusions from coverage contained in such policy form and the Permitted Exceptions (the “Title Policy”), Purchaser Buyer shall have the right to terminate this Agreement, in which case the Xxxxxxx Exxxxxx Money shall be immediately returned to Purchaser Buyer and the parties hereto shall have no further rights or obligations, other than those that by their terms survive the termination of this Agreement.

Delivery of Title Policy at Closing. In the event that the Title Company does not issue at Closing, or unconditionally commit at Closing to issue, to Purchaser, an owner’s title policy in accordance with the Title Commitment, insuring Purchaser’s title to the Property in the amount of the Purchase Price, subject only to the Permitted Exceptions and the standard exceptions and exclusions from coverage contained in such policy and the Permitted Exceptions as approved or deemed approved by Purchaser pursuant to this Article 5 (the “Title Policy”), Purchaser shall have the right to terminate this Agreement, in which case the Xxxxxxx Exxxxxx Money shall be immediately returned to Purchaser and the parties hereto shall have no further rights or obligations, other than those that by their terms survive the termination of this Agreement.

Delivery of Title Policy at Closing. In the event that the Title Company does not issue at Closing, or unconditionally commit at Closing to issue, to Purchaser, an owner’s 's title policy in accordance with the Title Commitment, insuring Purchaser’s 's title to the Property in the amount of the Purchase Price, subject only to the standard exceptions and exclusions from coverage contained in such policy and the Permitted Exceptions (the “"Title Policy”"), Purchaser shall have the right to terminate this Agreement, in which case the Xxxxxxx Earnest Money shall be immediately returned to Purchaser and the parties pxxxxxx hereto shall have no further rights or obligations, other than those that by their terms survive the termination of this Agreement.