Exceptions to Title. Buyer shall be obligated to accept title to the Property subject only to the following exceptions to title (collectively, the "PERMITTED EXCEPTIONS"): (a) real estate taxes and assessments not then delinquent; (b) the printed exceptions which appear in the owner's title policy issued by the Title Company;
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Hines Horticulture Inc), Purchase and Sale Agreement (Hines Horticulture Inc)
Exceptions to Title. Buyer shall be obligated to accept title to the Property Property, subject only to the following exceptions to title (collectively, the "PERMITTED EXCEPTIONS"): title:
(a) real Real estate taxes and assessments not then delinquent; yet due and payable;
(b) The Permitted Exceptions. Conclusive evidence of the printed exceptions which appear in availability of such title shall be the willingness of Title Company to issue to Buyer on the Closing Date a standard form ALTA owner's title insurance policy issued by ("Owner's Policy"), in the Title Company;face amount of the Purchase Price, which policy shall (i) show title to the Property to be vested of record in Buyer, and (ii) show the Permitted Exceptions to be the only exceptions to title.
Appears in 1 contract
Samples: Purchase Agreement (Carlyle Real Estate LTD Partnership Xiii)
Exceptions to Title. Buyer shall be obligated to accept title to the Property Property, subject only to the following exceptions to title (collectively, the "PERMITTED EXCEPTIONS"): title: (a) real Real estate taxes and assessments not then delinquentyet due and payable; and (b) The Permitted Exceptions. Conclusive evidence of the printed exceptions which appear in availability of such title shall be the willingness of Title Company to issue to Buyer on the Closing Date a standard form owner's title insurance policy issued by ("Owner's Policy"), in the Title Company;face amount of the Purchase Price, which policy shall (i) show title to the Property to be vested of record in Buyer, and (ii) show the Permitted Exceptions to be the only exceptions to title.
Appears in 1 contract
Exceptions to Title. Buyer shall be obligated to accept title to the Property Property, subject only to the following exceptions to title (collectively, the "PERMITTED EXCEPTIONS"): title:
(a) real Real estate taxes and assessments not then delinquentyet due and payable; (b) the printed exceptions which appear in the owner's title policy issued by the Title Company;and
Appears in 1 contract
Exceptions to Title. Buyer shall be obligated to accept title to the Property Properties, subject only to the following exceptions to title (collectively, the "PERMITTED EXCEPTIONS"): (a) real estate taxes and assessments not then delinquent; (b) the printed exceptions which appear in the owner's title policy issued by the Title Company;“Permitted Exceptions”):
Appears in 1 contract
Exceptions to Title. Buyer shall be obligated to accept title to the Property Property, subject only to the following exceptions to title (collectively, the "PERMITTED EXCEPTIONS"): title:
(a) real Real estate taxes and assessments for the year in which the Closing occurs, not then delinquentyet due and payable; and
(b) the printed exceptions which appear in the owner's title policy issued by the Title Company;The Permitted Exceptions.
Appears in 1 contract
Samples: Purchase Agreement (Carlyle Real Estate LTD Partnership Xv)
Exceptions to Title. Buyer shall be obligated to accept title to the Property Property, subject only to the following exceptions to title (collectively, the "PERMITTED EXCEPTIONS"): title:
(a) real Real estate taxes and assessments not then delinquent; yet due and payable;
(b) the The printed exceptions which appear in the standard ALTA owner's policy of title policy insurance issued by the Title Company;; and
Appears in 1 contract
Samples: Purchase Agreement (JMB Income Properties LTD Xiii)
