Preliminary Evidence of Title Sample Clauses

Preliminary Evidence of Title. Within no more than 30 days after ----------------------------- the date hereof, the Sellers and the Partnership shall obtain, in a form acceptable to the Partnership, the following documents to evidence the condition of the title to each of the Properties:
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Preliminary Evidence of Title. Seller shall furnish Purchaser with the following documents to evidence the condition of Seller's title to the Property:
Preliminary Evidence of Title. Within fifteen (15) days after the Effective Date, Purchaser shall obtain (and deliver copies to Seller of) a commitment (the “Title Commitment”) (and copies of the documents of record disclosed by the Title Commitment) for an Owner’s Title Insurance Policy proposing to insure Purchaser and committing to insure the Property in the amount of the Purchase Price, issued by a title insurance company selected by Purchaser in its reasonable discretion (the “Title Insurer”). The Title Commitment shall be effective as of a date after the date of this Agreement and must show fee simple title in Seller.
Preliminary Evidence of Title. As specified below, Contributor shall furnish Acquiror with or Acquiror shall obtain at Acquiror's expense the following documents to evidence the condition of Contributor's title to the Properties:
Preliminary Evidence of Title. Within thirty (30) days following the Effective Date, Purchaser shall use commercially reasonable efforts to obtain each of the following documents (and shall provide to Seller a copy of such documents promptly after Purchaser’s receipt thereof):
Preliminary Evidence of Title. The following documents evidencing the condition of each Property Owner's title to the Individual Property owned by such Property Owner shall be obtained as follows: (i) Purchaser shall obtain a commitment (the "Title Commitment") for an ALTA Form B (1970) Owner's Title Insurance Policy (or at Purchaser's option a date down endorsement to the Property Owner's current owner's title insurance policy) proposing to insure Purchaser or Purchaser's designee and committing to insure title to the Individual Premises in the amount of the allocable portion of the Purchase Price attributable to such Individual Premises, issued through the national office of First American Title Insurance Company (the "Title Insurer") designated by Purchaser, in coordination with the Title Insurer's local agency (if applicable), and irrevocable for at least nine (9) months. The Title Commitment shall show fee simple title to the Individual Premises in the applicable Property Owner. The Owner's Title Insurance Policy to be issued to Purchaser at the Closing shall contain (to the extent applicable and available) an extended coverage endorsement over the so-called general or standard exceptions which are a part of the printed form of the policy, a Florida Form 9 endorsement, an ALTA Form 3.1 zoning endorsement (including coverage as to parking), an access endorsement, coverage insuring any easements for utilities servicing the Individual Premises that do not connect to the Individual Premises from a public street, an endorsement over or waiver of any creditors' rights exclusion or exception, an endorsement which keeps the policy in effect notwithstanding a technical dissolution of the applicable Property Owner, a non-imputation endorsement with respect to the applicable Property Owner, if available, and such other endorsements as counsel for Purchaser shall reasonably deem appropriate. In the event that said non-imputation endorsement is not available in the state in which an Individual Property is located, the applicable Property Owner shall deliver to Purchaser a Non-Imputation Affidavit in the form attached hereto as Exhibit W (the "Non-Imputation Affidavit"). The Owner's Title Insurance Policy for each Individual Property located in Florida may, if applicable, contain an exception for the rights of tenants under Section 723.071, Florida Statutes, with respect to any subsequent sale of such Individual Premises. (ii) Within fifteen (15) days after the date of this Agreement, the Seller...
Preliminary Evidence of Title. Within 3 weeks after the Execution Date, the Purchaser shall obtain, in a form acceptable to the Purchaser, the following documents to evidence the condition of the title to each Property:
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Preliminary Evidence of Title. (i) Purchaser acknowledges that it has received and approves of all matters shown on the commitments (each, a "Title Commitment" and collectively, the "Title Commitments") listed on Exhibit N proposing to insure Purchaser and committing to insure each Premises in the allocated amount of the Purchase Price, issued by Commonwealth Land Title Insurance Company (the "Title Insurer"). Purchaser has objected to the items set forth on Exhibit N-1 as objections and such objections shall be treated as duly objected to title defects under Section 4(C).
Preliminary Evidence of Title. Sellers have ordered the Title Commitments (as hereinafter defined) from the Title Insurer (as hereinafter defined). Purchaser shall order the Updated Surveys (as hereinafter defined) with respect to the Properties contemplated to be purchased at the First Closing within two (2) business days after the Effective Date.
Preliminary Evidence of Title. As specified below, Contributor shall furnish MHC with (or MHC shall obtain directly, as provided below) the following documents to evidence the condition of Contributor's or the applicable Affiliated Partnership's title to each
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