Common use of Permitted Title Exceptions Clause in Contracts

Permitted Title Exceptions. Collectively, the following items: (i) the exceptions to title insurance coverage shown in the Preliminary Report excluding those exceptions that the Title Company has confirmed prior to Closing will not be shown in the Title Policy without action required by the City other than delivering to the Title Company such customary information as the Title Company may reasonably request; (ii) taxes and assessments, if any, on the CSU Property that are a lien not yet due and payable; (iii) all applicable restrictions or regulations of any governmental authority having jurisdiction over the CSU Property; and (iv) any declarations, conditions, covenants, restrictions, or other matters a fecting title to the CSU Property and required or permitted under this Agreement, including the Recordable Closing Documents.

Appears in 2 contracts

Samples: Real Property Purchase and Sale Agreement, Real Property Purchase and Sale Agreement

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Permitted Title Exceptions. Collectively, the following items: (i) the exceptions to title insurance coverage shown in the Preliminary Report excluding those exceptions that the Title Company has confirmed prior to Closing will not be shown in the Title Policy without action required by the City other than delivering to the Title Company such customary information as the Title Company may reasonably request; (ii) taxes and assessments, if any, on the CSU Property that are a lien not yet due and payable; (iii) all applicable restrictions or regulations of any governmental authority having jurisdiction over the CSU Property; and (iv) any declarations, conditions, covenants, restrictions, or other matters a fecting af ecting title to the CSU Property and required or permitted under this Agreement, including the Recordable Closing Documents.

Appears in 2 contracts

Samples: Real Property Purchase and Sale Agreement, Real Property Purchase and Sale Agreement

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