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

Delivery of Title Policy at Closing. At Closing, the Title Company shall issue, or commit at Closing to issue, to Purchaser an owner’s title policy in accordance with the Title Commitment, insuring Purchaser’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”).

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement

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Delivery of Title Policy at Closing. At Closing, the The Title Company shall issueissue at Closing, or unconditionally commit at Closing to issue, to Purchaser Purchaser, an owner’s title insurance 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”).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Star Equity Holdings, Inc.)

Delivery of Title Policy at Closing. At Closing, the The Title Company shall issueissue at Closing, or unconditionally commit at Closing to issue, to Purchaser Purchaser, an owner’s title insurance 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”).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Stryve Foods, Inc.)

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Delivery of Title Policy at Closing. At the Closing, as a condition to Purchaser’s obligation to close, the Title Company shall issuedeliver the Title Policy to the Purchaser. The Title Policy may be delivered after the Closing if at the Closing the Title Company issues a currently effective, or commit at Closing to issue, duly-executed “marked-up” Title Commitment acceptable to Purchaser an owner’s title policy in accordance with all respects and irrevocably commits in writing to issue the Title Commitment, insuring Purchaser’s title to the Real Property Policy in the amount form of the Purchase Price, subject only to “marked-up” Title Commitment promptly after the standard exceptions and exclusions from coverage contained in such policy and the Permitted Exceptions (the “Title Policy”)Closing Date.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (CNL Healthcare Properties, Inc.)

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