Matters Relating to Real Property. (a On behalf of Purchaser, Seller shall request a preliminary title commitment from a title insurance company acceptable to Purchaser (the "Title Company") for the issuance of an California Land Title Association extended coverage owner's policy of title insurance (including mechanics' lien coverage) for each parcel included in the Real Property setting forth the status of title to each such parcel (individually a "Title Commitment" and collectively the "Title Commitments"). The Title Commitments shall be accompanied by true, complete and legible copies of all Encumbrances identified therein. The policies to be issued pursuant to the Title Commitments (individually a "Title Policy" and collectively the "Title Policies") shall insure that Purchaser has good, marketable and indefeasible title to such Real Property, subject only to those Encumbrances accepted by Purchaser pursuant to paragraph (c) of this Section 8.6 ("Permitted Title Encumbrances"), and shall include such additional coverages and endorsements as Purchaser may reasonably require (collectively the "Endorsements"). Purchaser shall pay all premiums for the issuance of the Title Policy and the Endorsements, and shall deliver to the Title Company such affidavits, indemnities and other documentation as shall be necessary to enable the Title Company to issue the Title Policies with the Endorsements subject only to Permitted Title Encumbrances.
Matters Relating to Real Property. (a) Seller has, at Seller's expense, delivered to Buyer a title insurance commitment issued on Attorneys' Title Insurance Fund, Inc. (the "Title Company") with respect to the Real Property in the aggregate amount of $2,000,000 (the "Title Commitment") and legible copies of all exceptions to the title contained in Schedule B-II of the Title Commitment. At Closing, the policy to be issued pursuant to the Title Commitment (the "Title Policy") shall be issued on an ALTA Owner's Policy of Title Insurance (10-17-92 Form), shall insure that Buyer has good, marketable and indefeasible title to such Real Property subject only to those Encumbrances accepted or deemed accepted by Buyer pursuant to paragraph (c) of this Section 6.7 ("Permitted Title Encumbrances"), and shall include such additional coverage and endorsements as Buyer may reasonably require, the cost of which shall be borne by Buyer (collectively the "Endorsements"). At Closing, provided the Title Company has received appropriate documentation from the Seller and a survey of the Real Property, the Title Company shall by endorsement delete the "gap" exception, all standard exceptions, and shall delete as having been satisfied all Schedule B-I requirements listed on the Title Commitment. Seller shall pay the costs for any title search and updates thereof relating to the issuance of the Title Commitment and the Title Policy, and shall pay the title insurance premium for the issuance of the Title Policy at the time of Closing. Seller shall at Closing deliver to the Title Company such affidavits, indemnities and other documentation as shall be reasonably necessary to enable the Title Company to issue the Title Policy and Endorsements, to delete the gap exception and the standard exceptions, and the Title Policy shall be issued subject only to the Permitted Title Encumbrances. Notwithstanding the foregoing, the cost of any Buyer requested Endorsements shall be paid by Buyer.
Matters Relating to Real Property. 3.1.20.1. The Corporation has adequate rights of ingress and egress in respect of the Real Property and Leased Property for the operation of the Business in the ordinary course;
Matters Relating to Real Property. Sellers' Representative has delivered to Buyer copies of all existing surveys, title commitments and title policies in the Corporation's possession (the "Real Estate Documents") relating to the Current Real Property. Buyer shall be solely responsible for any costs or expenses associated with obtaining updates of such Real Estate Documents or with obtaining title insurance relating to the Current Real Property ("Title Policy"). At the Closing, upon request, Sellers or the Corporation shall deliver to the title company a mechanic's lien affidavit in form acceptable to Sellers, along with any standard title company forms reasonably acceptable to Sellers and reasonably necessary to enable such title company to issue the Title Policies.
Matters Relating to Real Property. (a) No later than five days after the date of this Agreement, Buyer will order title binders or commitments from a title insurance company selected by Buyer (the "Title Commitments"), and a survey from a surveyor or surveyors selected by Buyer (the "Surveys"), for each parcel of Current Real Property owned by the Target. Each Title Commitment shall include a current title report and commitment to issue an Owner's title insurance policy (the "Title Policy") to Buyer.
Matters Relating to Real Property. Administrative Agent shall have received from Borrower and each applicable Subsidiary:
Matters Relating to Real Property. Each of the Acquired Companies has full legal and beneficial title to any and all its real property (“Real Property”), unless otherwise disclosed in Schedule 5.10. All Real Property is free from any third party rights, mortgages or other encumbrances whatsoever and is insured in accordance with business practice.
Matters Relating to Real Property. 50 6.4 Notifications, Consents and Approvals...................................................................51 6.5 Conduct Pending Closing.................................................................................51
Matters Relating to Real Property. 6.8 Escrow Agreement 7.4(a) Seller's Legal Opinion (Hodgson Russ LLP) 7.4(b) Seller's Legal Opinion (Xxxxx & Xxxxs LLP) 7.7(c) Assignment of Mortgage 0.6 Buyer's Legal Opinion PURCHASE AGREEMENT THIS PURCHASE AGREEMENT dated September 21, 2001 is by and among ASSOCIATED BRANDS, INC., a Delaware corporation with its principal place of business to be at 4001 Salt Works Road, Medina, New York 14103 ("Buyer"), ASSOCIATED BXXXXX XXX. ("Xxxxxxxxx"), xx Xxxxxxx xxxxxxxtion with its principal place of business at 335 Judson Street, Toronto, Ontario MBZ 1B2 and GENESEE CORPORATION, x Xxx Xxxx xxxxxxxxxxx with its principal place of business at 600 Powers Building, 16 West Main Street, Rochester, New York 14614-1601 ("Seller").
Matters Relating to Real Property
