Common use of OBJECTION; RIGHT TO CURE Clause in Contracts

OBJECTION; RIGHT TO CURE. Buyer shall have until the earlier of (i) the Closing Date, and (ii) ten (10) days after receiving the Title Commitment to either approve or reject the title to the Real Property. If Buyer rejects title to any portion of the Real Property, it shall give Sellers notice thereof within ten (10) days after receiving the Title Commitment and, if within fifteen (15) days after receiving such notice, Sellers do not cure, or commence to cure for items reasonably requiring more than 15 days to cure, the title objection, then Buyer may, in its sole discretion, terminate this Agreement under Section 13.1.a. hereof by giving notice thereof to Sellers within two (2) Business Days after the end of such cure period. In the event the timing of the cure procedure set forth in this subsection conflicts with the Closing Date, in that Sellers cannot reasonably cure the title objection within the period provided, but are making diligent efforts toward that end, the Closing Date shall be automatically extended by a reasonable number of days to permit Sellers to complete their cure of Buyer's title objection. Any title item set forth on the Title Commitment which Buyer does not object to in writing within the period provided herein for making such objections is deemed to be approved.

OBJECTION; RIGHT TO CURE. Buyer shall have until the earlier of (i) the Closing Date, and (ii) ten (10) days after receiving the Title Commitment Survey to either approve or reject the title to the Real Propertymatters set forth thereon. If Buyer rejects title to any portion of the Real PropertySurvey, it shall give Sellers notice thereof within ten (10) days after receiving the Title Commitment andSurvey, and if within fifteen (15) days after receiving such notice, Sellers do not curecure to Buyer's reasonable satisfaction, or commence to cure for items reasonably requiring more than 15 days to cure, the title objectionobjection to the Survey, then Buyer may, in its sole discretion, terminate this Agreement under Section 13.1.a. hereof by giving notice thereof to Sellers within two (2) Business Days after the end of such cure period. In the event the timing of the cure procedure set forth in this subsection conflicts with the Closing Date, in that Sellers cannot reasonably cure the title objection to the Survey within the period provided, but are making diligent efforts toward that end, the Closing Date shall be automatically extended by a reasonable number of days to permit Sellers to complete their cure of Buyer's title objectionobjection to the Survey. Any title item Buyer shall be deemed to have accepted the matters set forth on the Title Commitment which Survey to the extent Buyer does not object to in writing thereto within the period provided herein for making such objections is deemed to be approvedobjections.