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: Agreement of Purchase and Sale, Agreement of Purchase and Sale

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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 (Stryve Foods, Inc.)

Delivery of Title Policy at Closing. At Closing, It shall be a condition precedent to Closing in favor of Purchaser that the Title Company shall issueissue at Closing, or unconditionally commit at Closing to issue, to Purchaser an Purchaser, a TLTA-T-1 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”).

Appears in 1 contract

Samples: Purchase and Sale Agreement (KBS Strategic Opportunity REIT, Inc.)

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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”).. 5.5

Appears in 1 contract

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

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