Preliminary Report. Seller shall make available to Buyer a preliminary title report for a CLTA form owner's policy of title insurance issued by the Title Company showing the condition of Seller's title to the Property, together with copies of all exceptions to title (the "Preliminary Report"). Buyer shall give written notice to Seller within ten (10) days after Buyer has received the Preliminary Report of any defects or encumbrances in Seller's title to which Buyer objects. Any defects or encumbrances in title shall be deemed approved by Buyer unless Seller receives written notice of Buyer's objections on or before such date. Seller shall have the option of curing such defects and encumbrances to which Buyer timely objects and Seller shall notify Buyer within ten (10) days of receipt of Buyer's notice of objections, which of Buyer's objections to title Seller elects to cure (provided, however, Seller shall not be required to actually cure any such defect until Closing). In the event Seller elects not to cure such defects or encumbrances, Buyer must elect, within three (3) days of being notified of Seller's election not to cure, to accept such defects or encumbrances in Seller's title as Seller declines to cure (without adjustment to the Purchase Price) or, alternatively, and as its sole remedy, elect to terminate this Agreement. In the event Buyer so elects to terminate this Agreement, Seller shall refund the Xxxxxxx Money and any and all rights, liabilities or obligations of Seller and Buyer under this Agreement shall terminate and be of no further force or effect except those which may have already accrued.
Preliminary Report. In response to the above referenced application for a policy of title Insurance, this company hereby reports that it is prepared to issue, or cause to be issued, as of the date hereof, a Policy or Policies of Title Insurance describing the land and the estate or Interest therein hereinafter set forth, insuring against loss which may be sustained by reason of any defect, lien or encumbrance not shown or referred to as an Exception below or not excluded from coverage pursuant to the printed Schedules, Conditions and Stipulations of said Policy forms. The printed Exceptions and Exclusions from the coverage and Limitations on Covered Risks of said policy or policies are set forth In Exhibit A attached. The policy to be Issued may contain an arbitration clause. When the Amount of Insurance Is less than that set forth In the arbitration clause, all arbitrable matters shall be arbitrated at the option of either the Company or the Insured as the exclusive remedy of the parties. Limitations on Covered Risks applicable to the CLTA and ALTA Homeowner’s Policies of Title Insurance which establish a Deductible Amount and a Maximum Dollar Limit of Liability for certain coverages are also set forth In Exhibit A. Copies of the policy forms should be read. They are available from the office which issued this report. This report (and any supplements or amendments hereto) Is Issued solely for the purpose of facilitating the issuance of a policy of title insurance and no liability is assumed hereby. If it is desired that liability be assumed prior to the issuance of a policy of title Insurance, a Binder or Commitment should be requested. Dated as of July 20, 2012 at 7:30 A.M. The form of Policy of title insurance contemplated by this report is: To Be Determined A specific request should be made if another form or additional coverage is desired. Title to said estate or interest at the date hereof is vested in: Mathilda Avenue Hotel LLC, a California limited liability company The estate or interest in the land hereinafter described or referred to covered by this Report is: Fee Simple as to Parcel One, an easement as to Parcel Two. The Land referred to herein is described as follows: (See attached Legal Description) At the date hereof exceptions to coverage in addition to the printed Exceptions and Exclusions in said policy form would be as follows:
Preliminary Report. The Engineer shall summarize the data collection and timing plan generation results for each signal system to be timed in a Preliminary Report to be submitted to the State for review.
a. The Engineer shall submit to the State one copy of the signal timing plans - splits and offsets - in a tabular form and also one set of time-space diagrams for each signal system for each peak period. The Preliminary Report may be submitted as either a hardcopy or by e-mail in PDF format.
b. The Engineer shall meet the State staff for a technical review meeting. The Engineer shall discuss the time frame for implementing the timing plans in the field by the State or Engineer. The Engineer shall incorporate the review comments from this meeting into the Final Report.
Preliminary Report. The term "Preliminary Report" shall mean the Preliminary Title Report dated June 10, 1996, issued by the Title Company.
Preliminary Report. 1. The report of the arbitral tribunal shall be drafted without the presence of the Parties and shall be based on the relevant provisions of this Agreement and the submissions and arguments of the Parties.
2. Unless the parties otherwise agree, within 90 days from its establishment, or 60 days in matters relating to perishable goods, the arbitral tribunal shall present to the parties an initial report.
3. The initial report shall contain:
(a) The findings of fact;
(b) The determination of the arbitral tribunal as to whether a party has breached its obligations under this Treaty or whether the measure of that party cause nullification or impairment in the sense of 13.2 (annex nullification or impairment) or any other determination requested in the terms of reference; and
(c) The decision of the arbitral tribunal.
4. In exceptional cases, when the arbitral tribunal considers that it cannot issue its initial report within 90 days or within 60 days in cases of urgency, it shall inform the Parties in writing of the reasons for the delay and shall include an estimate of the period within which will issue its report. in no case should the period of delay shall not exceed a further period of 30 days unless the parties otherwise.
5. Arbitrators may make dissenting opinions on matters for which there is no decision by consensus. 6
6. An arbitral tribunal may either in its initial report or its final report disclose which arbitrators voted with the majority or minority.
7. A Party may submit written comments to the arbitral tribunal on the preliminary report, including the request referred to in article 13.13.3, within 15 days following the submission of such report unless the parties agree otherwise.
8. After considering any written comments on the initial report the arbitral tribunal may reconsider its report and make any further examination that it considers appropriate.
Preliminary Report. Buyer shall obtain a preliminary report or commitment for title insurance (the “Preliminary Report”) covering the Property and issued by First American Title located at 0000 Xxxxx Xx Xxxxxx Xxxx, Xxxxx 000, Xxx Xxxxx, XX 00000, Attention: Xxxxx Xxxxxxxxx (the “Title Company”), together with a legible copy of each document, map and survey referred to in the Preliminary Report.
Preliminary Report. If, as a result of discontinuation or curtailment of an academic unit of instruction or as a result of a financial exigency, the president of the College determines that the best interests of the College necessitate reducing the number of faculty, the College shall prepare a preliminary report to be submitted to the affected academic unit(s) and to the president of the Association. The preliminary report shall include a rationale upon which the decision is based. For the purposes of this section, a financial exigency is defined as that condition when revenues are so limited that the College believes it can no longer continue to fulfill current and/or future financial obligations under the contract without disrupting the administration and program integrity of the College.
Preliminary Report. All tasks requiring a report shall have a preliminary report submitted to the Project Manager and Maintaining Agency prior to the submittal of the Final Report. The Project Manager and Maintaining Agency shall review and comment upon the Preliminary Report and return comments to the CONSULTANT. The Final Report will reflect the comments of the Project Manager and Maintaining Agency.
Preliminary Report. (1) For each signal system retimed by Engineer, Engineer shall submit the following to State for State’s review:
(A) Preliminary Report summarizing data collection and timing plan generation results,
(B) Signal timing plans (i.e., splits and offsets) in a tabular form, and
(C) Time-space diagrams for each peak period studied.
(2) Submit the above either physically as a hardcopy or by e-mail in Adobe Portable Document Format (PDF) format.
(3) Meet the State for technical review meeting where Engineer shall discuss the time frame for implementing the timing plans by State or Engineer. Engineer shall incorporate the review comments from this meeting into the Final Report.
Preliminary Report. 1. Unless the disputing Parties otherwise agree, the arbitral panel shall base its preliminary report on the communications and arguments presented by the disputing Parties, as well as the relevant provisions of this Agreement and any information received, pursuant to Article 15.
