Common use of Pro Forma Title Policies Clause in Contracts

Pro Forma Title Policies. The Pro-Forma Title Policies prepared and delivered by the Escrow Agent to Transferee on or before the expiration of the Due Diligence Period, with respect to the issuance by the Escrow Agent of an owner’s policy of title insurance insuring each Facility Owner’s title to the applicable Real Property, effective as of the acquisition by Transferee of the ownership of Transferor’s Interest as provided herein.

Pro Forma Title Policies. The Pro-Forma Title Policies prepared and delivered by the Escrow Agent to Transferee and New Investor on or before the expiration of the Due Diligence Period, with respect to the issuance by the Escrow Agent of an owner’s policy of title insurance insuring each Facility Owner’s title to the applicable Real Property, effective as of the acquisition by Transferee of the ownership of Transferor’s Interest as provided herein.

Pro Forma Title Policies. The Pro-Forma Title Policies prepared and delivered by the Escrow Agent to Transferee the Company on or before the expiration of the applicable Due Diligence Period, with respect to the issuance by the Escrow Agent of an owner’s policy of title insurance insuring each New Facility Owner’s title to the applicable Real Property, effective as of the acquisition by Transferee the Company of the ownership of Transferor’s Interest Real Property as provided herein.