Owner’s Title Policy. Each of the Title Companies shall be irrevocably committed to issue to Project Company, collectively as equal co-insurers, the Owner’s Title Policy, effective as of the Document Closing Date, insuring the Project Company’s interest in the Site, with full gap coverage in an amount no less than the maximum amount of the DOE Credit Facility.
Owner’s Title Policy. The Title Company shall commit to deliver to Buyer the Owner’s Title Policy as provided for in Section 6 above.
Owner’s Title Policy. Provided Purchaser approves, or is deemed to have approved, the status of title to a Property during the Title Review Period for such Property, Seller shall cause Title Company to provide Purchaser with a standard coverage owner's policy of title insurance (the "Owner's Title Policy") for such Property at the Closing or as soon thereafter as is reasonably possible. The Owner's Title Policy shall be issued by the Title Insurer in the full amount of the Purchase Price, be effective as of the Closing Date, and shall insure Purchaser that fee simple title to the Property described therein is vested in Purchaser, subject only (i) to the exceptions to title approved or deemed approved by Purchaser as provided for in Sections 4.2 and 4.3 of this Agreement (ii) any exceptions regarding survey matters; and (iii) any other matter approved in writing by Purchaser or resulting from the acts of Purchaser or Purchaser's agents. Purchaser shall pay in the cost of any endorsement to the Owner's Title Policy.
Owner’s Title Policy. At Closing, Seller shall pay for the cost of issuing a standard coverage ALTA owner’s title insurance policy to Buyer in accordance with the Final Title Commitment (“Owner’s Title Policy”). Seller shall not be responsible for the cost of any extended or special title insurance coverage, lender’s title insurance and/or title insurance endorsement. Seller shall reasonably cooperate with respect to the satisfaction of the requirements
(a) Buyer is responsible for the satisfaction of any title insurance requirement pertaining to Buyer or the proposed insured or any obligation of Buyer or the proposed insured or any title insurance requirement that can only be (or that reasonably should be) satisfied by Buyer as opposed to Seller (each a “Buyer-Related Requirement”); (b) Seller shall have no obligation with respect to and Buyer’s obligations are not contingent upon the satisfaction of any Buyer-Related Requirement or the availability or issuance of any extended or special title insurance coverage, any title insurance endorsement or any other title insurance product other than the Final Title Commitment for the issuance of the Owner’s Title Policy as described in this Agreement; and (c) Seller shall have no obligation with respect to the satisfaction of any title insurance requirement or condition that is contrary to or inconsistent with the provisions of this Agreement.
Owner’s Title Policy. The Title Policy referred to in Section 2.5c, which may be delivered a reasonable time after the Closing if that is the customary practice of the Title Company;
Owner’s Title Policy. At Closing, Companies shall possess, ------------------- with respect to the Real Property, an extended coverage owners policy of title insurance from a title company acceptable to Purchasers (the "Title Company"), dated as of the Closing Date, in the amount equal to the fair market value of such real property. The title policy shall include comprehensive, access, contiguity, non-imputation and zoning endorsements, and shall insure title to the Real Property to be in fee simple in Companies, subject only to the Permitted Exceptions set forth in Section 2.3 hereof (the "Owners Policy").
Owner’s Title Policy. As to each of the Properties not rejected by Purchaser pursuant to Section 4.2, Seller shall cause Escrow Agent to provide Purchaser with a standard coverage owner's policy of title insurance ("Owner's Title Policy") at the Closing or as soon thereafter as is reasonably possible. The Owner's Title Policy shall be issued by the Title Insurer in the full amount of the Purchase Price, for such Property be effective as of the Closing Date, and shall insure Purchaser that fee simple title to such Property is vested in Purchaser, subject only to: (i) the usual printed exceptions and exclusions contained in such title insurance policies; (ii) the exceptions to title approved or deemed approved by Purchaser as provided for in Section 4.2 of this Agreement; and (iii) any other matter approved in writing by Purchaser or resulting from the acts of Purchaser or Purchaser's agents. The cost of any endorsement to each Owner's Title Policy shall be paid in full by Purchaser.
Owner’s Title Policy. At the Closing Seller shall cause to be furnished to Purchaser an Owner Policy of Title Insurance, standard to the state in which the School is located, issued by the Title Company, insuring the good and indefeasible fee simple title of Purchaser to the Property for the School in the amount of the Purchase Price (the “Title Policy”). The cost of the Title Policy will be paid pursuant to Section 7. The only exceptions to said Owner Policy of Title Insurance shall be (i) the standard printed exceptions contained therein (unless removed pursuant to an endorsement) and (ii) the Permitted Exceptions.
Owner’s Title Policy. Provided Purchaser approves, or is deemed to have approved, the status of title to each of the Properties during the Title Review Period, Seller shall cause Escrow Agent to provide Purchaser with a standard coverage owner's policy of title insurance (the "Owner's Title Policy") at the Closing or as soon thereafter as is reasonably possible. The Owner's Title Policy shall be issued by the Title Insurer in the full amount of the Purchase Price, be effective as of the Closing Date, and shall insure Purchaser that fee simple title to the Properties is vested in Purchaser, subject only (i) to the exceptions to title approved by Purchaser as provided for in ARTICLES 4.2 AND 4.3 of this Agreement (ii) any exceptions regarding survey matters; and (iii) any other matter approved in writing by Purchaser or resulting from the acts of Purchaser or Purchaser's agents. The cost of any endorsement to the Owner's Title Policy shall be paid in by Purchaser.
