Land Closing. The Company shall acquire the Land pursuant to the Land Contract to be partially assigned to the Company. The Company shall obtain an Owner's Policy of Title Insurance from a title insurer acceptable to the Members (the "Title Company") in accordance with the terms of the Land Contract.
Appears in 4 contracts
Samples: Operating Agreement (Wellsford Real Properties Inc), Pledge and Security Agreement (Wellsford Residential Property Trust), Operating Agreement (Wellsford Real Properties Inc)