Common use of Final Title Commitment Clause in Contracts

Final Title Commitment. Prior to Closing, Seller shall furnish a commitment dated after the Auction (“Final Title Commitment”) for the issuance of an ALTA standard coverage owner’s title insurance policy insuring fee simple title to the Property in the name of Buyer for the amount of the Purchase Price, free and clear of any material encumbrance that does not constitute a Permitted Exception. Buyer agrees to accept the Final Title Commitment notwithstanding: (a) standard exceptions, conditions and requirements; (b) any exception, condition or requirement that Seller intends to satisfy and/or remove (and is in fact satisfied and/or removed) at the time of or prior to Closing; (c) any specific or general exception or exclusion with respect to Minerals; and/or (d) any matter listed, described or revealed in the Final Title Commitment that constitutes a Permitted Exception.

Final Title Commitment. Prior to Closing, Seller shall furnish a commitment dated after the Auction (“Final Title Commitment”) for the issuance of an ALTA standard coverage owner’s title insurance policy insuring fee simple title to the Property Real Estate in the name of Buyer for the amount of the Purchase Price, free and clear of any material encumbrance that does not constitute a Permitted Exception. Buyer Xxxxx agrees to accept the Final Title Commitment notwithstanding: (ai) standard exceptions, conditions and requirements; (bii) any exception, condition or requirement that Seller intends to satisfy and/or remove (and is in fact satisfied and/or removed) at the time of or prior to Closing; (ciii) any specific or general exception or exclusion with respect to Minerals; and/or (div) any matter listed, described or revealed in the Final Title Commitment that constitutes a Permitted Exception.

Final Title Commitment. Prior to Closing, Seller shall furnish a commitment dated after the Auction (“Final Title Commitment”) for the issuance of an ALTA AGT standard coverage owner’s title insurance policy insuring fee simple title to the Property in the name of Buyer for the amount of the Purchase Price, free and clear of any material encumbrance that does not constitute a Permitted Exception. Buyer agrees to accept the Final Title Commitment notwithstanding: (a) standard exceptions, conditions and requirements; (b) any exception, condition or requirement that Seller intends to satisfy and/or remove (and is in fact satisfied and/or removed) at the time of or prior to Closing; (c) any specific or general exception or exclusion with respect to Minerals; and/or (div) any matter listed, described or revealed in the Final Title Commitment that constitutes a Permitted Exception.

Final Title Commitment. Prior to Closing, Seller shall furnish a commitment dated after the Auction (“Final Title Commitment”) for the issuance of an ALTA standard coverage owner’s title insurance policy insuring fee simple title to the Property Real Estate in the name of Buyer for the amount of the Purchase Price, free and clear of any material encumbrance that does not constitute a Permitted Exception. Buyer agrees to accept the Final Title Commitment notwithstanding: (ai) standard exceptions, conditions and requirements; (bii) any exception, condition or requirement that Seller intends to satisfy and/or remove (and is in fact satisfied and/or removed) at the time of or prior to Closing; (ciii) any specific or general exception or exclusion with respect to Minerals; and/or (div) any matter listed, described or revealed in the Final Title Commitment that constitutes a Permitted Exception.