Common use of Owner’s Title Policy Clause in Contracts

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. 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 endorsementendorsements. At or before Closing, Seller shall deliver a vendor’s affidavit in a form that is consistent with the parties’ rights and obligations under this Agreement and Seller shall otherwise reasonably cooperate with respect to the satisfaction of the requirements (a) Buyer is responsible title company’s requirements for issuing the Owner’s Title Policy, as set forth in the Final Title Commitment; provided, however, Seller shall have no obligation with respect to the satisfaction of any title insurance requirement pertaining or condition that is contrary to Buyer or inconsistent with the proposed insured or any obligation provisions 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”)this Agreement; (b) provided, further, Seller shall have no obligation with respect to and Buyer’s obligations are not contingent upon upon: (a) the satisfaction of any Buyer-Related Requirement requirement or condition that can only be satisfied by Buyer or that reasonably should be satisfied by Buyer as opposed to Seller; and/or (b) 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. At Closing, Seller shall pay for the cost of issuing a one or more standard coverage ALTA owner’s title insurance policy policy(ies) to Buyer in accordance with the Final Title Commitment (“Owner’s Title Policy”, whether one or more). Seller shall not be responsible for the cost of any extended or special title insurance coverage, lender’s title insurance and/or title insurance endorsementendorsements. At or before Closing, Seller shall deliver a vendor’s affidavit in a form that is consistent with the parties’ rights and obligations under this Agreement and Seller shall otherwise reasonably cooperate with respect to the satisfaction of the requirements (a) Buyer is responsible requirements for issuing the Owner’s Title Policy, as set forth in the Final Title Commitment; provided, however, Seller shall have no obligation with respect to the satisfaction of any title insurance requirement pertaining or condition that is contrary to Buyer or inconsistent with the proposed insured or any obligation provisions 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”)this Agreement; (b) provided, further, Seller shall have no obligation with respect to and Buyer’s obligations are not contingent upon upon: (a) the satisfaction of any Buyer-Related Requirement requirement or condition that can only be satisfied by Buyer or that reasonably should be satisfied by Buyer as opposed to Seller; and/or (b) 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. 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 endorsementendorsements. Subject to the terms and conditions of this Agreement, Seller shall reasonably cooperate with respect to the satisfaction of the requirements (a) requirements for issuing the Owner’s Title Policy, as set forth in the Final Title Commitment. 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 Xxxxx 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. 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 endorsementendorsements. At or before Closing, Seller shall deliver a vendor’s affidavit in a form that is consistent with the parties’ rights and obligations under this Agreement and Seller shall otherwise reasonably cooperate with respect to the satisfaction of the requirements (a) Buyer is responsible Title Company’s requirements for issuing the satisfaction of any title insurance requirement pertaining to Buyer or Owner’s Title Policy, as set forth in 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”)Final Title Commitment; (b) provided, however, Seller shall have no obligation with respect to and Buyer’s obligations are not contingent upon upon: (a) the satisfaction of any Buyer-Related Requirement requirement that is contrary to or inconsistent with the provisions of this Agreement; (b) the satisfaction of any requirement that can only be satisfied by Buyer or that reasonably should be satisfied by Buyer as opposed to Seller; and/or (c) 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.