Objections to Title and Failure of Seller to Perform Sample Clauses

Objections to Title and Failure of Seller to Perform. Section 12.1. Purchaser has obtained a title commitment or binder ("Title Commitment") from Xxxxxxx Title Guaranty Company and First American Title Insurance Company (collectively, the "Title Company"). Promptly after giving an Exercise Notice, Purchaser shall order an update of such Title Commitment to be delivered to Seller and shall cause a copy of such title update to be forwarded to Seller's attorney upon receipt. Within 30 days after receipt of the title update, Purchaser shall give Seller notice of any objections to title, other than Permitted Exceptions. If such notice is not given in such period, Purchaser shall be deemed to have waived any exceptions to title in such title report and shall take title subject thereto. Seller shall be entitled to reasonable adjournments of the Closing for up to 60 days in the aggregate to remove any exceptions to title noted in such title report, other than the Permitted Exceptions, and any other defects or objections which may be disclosed on or prior to the Closing Date.
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Related to Objections to Title and Failure of Seller to Perform

  • CONDITIONS PRECEDENT TO SELLER'S PERFORMANCE The obligations of Seller to sell and transfer the Assets under this Agreement are subject to the satisfaction, at or before the Closing, of all the following conditions:

  • Conditions to Seller’s Obligations The obligations of Seller to consummate the transactions contemplated by this Agreement are subject to the satisfaction of the following conditions on or before the Closing Date:

  • Conditions to Seller’s Obligation to Close The obligation of the Seller to convey the Property to the Purchaser is subject to the satisfaction of the following conditions precedent on and as of the Closing Date:

  • Conditions to Seller’s Obligation Seller's obligation to consummate the transactions to be performed by it in connection with the Closing is subject to satisfaction of the following conditions:

  • Conditions Precedent to Seller’s Obligations The obligations of Seller to effect the Closing of the transactions contemplated hereby are subject to the fulfillment, prior to or at the Closing, of each of the following conditions, any of which may be waived in writing by Seller:

  • Conditions to the Seller’s Obligations The obligations of the Seller to consummate the transactions contemplated by this Agreement are subject to the satisfaction at or prior to the Closing (and shall remain satisfied at and as of the Closing) of the following additional conditions, any of which may be waived by the Seller in its sole discretion, in whole or in part:

  • Conditions To Seller's Obligation To Sell Seller's obligation to sell the Debentures is conditioned upon:

  • CONDITIONS TO EACH BUYER’S OBLIGATION TO PURCHASE The obligation of each Buyer hereunder to purchase the Notes and Warrants at the Closing is subject to the satisfaction, at or before the Closing Date of each of the following conditions, provided that these conditions are for such Buyer's sole benefit and may be waived by such Buyer at any time in its sole discretion:

  • Conditions to Each Party’s Obligation to Close The obligations of the Parties to consummate the transactions contemplated by this Agreement shall be subject to the satisfaction, at or prior to the Closing, of each of the following conditions:

  • Conditions to Each Party’s Obligation to Effect the Closing The respective obligation of each party to effect the Closing shall be subject to the satisfaction at or prior to the Closing Date of each of the following conditions:

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