Purchaser's Objections to Title Sample Clauses

Purchaser's Objections to Title. If Purchaser objects to any matter affecting title or the Survey in accordance with Section 2.3(b) which is not expressly a Permitted Exception, then Seller shall have ten (10) Business Days from receipt of Purchaser's notice to elect, in Seller's sole and absolute discretion, to (i) cure any one (1) or more of such Objections or to provide assurances acceptable to Purchaser that one (1) or more of such Objections will be cured at or before Closing; or (ii) decline to cure all or some of such Objections. Seller's failure to respond to Purchaser's Objections within such ten (10) Business Day period shall be deemed to be Seller's election to not cure any such Objection(s). If Seller elects or is deemed to have elected not to cure all or some of Purchaser's Objections, Purchaser may, at its option, terminate this Agreement by giving Seller written notice thereof on or before the later of (i) five (5) Business Days after Seller has elected, or is deemed to have elected, not to cure all or some of Purchaser's Objections or (ii) the expiration of the Due Diligence Period in which case the Deposit shall be promptly returned to Purchaser. If Seller elects to cure any such Objections, Seller shall diligently and in good faith use commercially reasonable efforts to do so on or before the Closing Date. If Seller fails to cure any such Objection by the Closing Date, Purchaser may, at its option, terminate this Agreement by giving Seller written notice thereof at any time on or before the Closing Date, in which case the Deposit shall be promptly returned to Purchaser. Purchaser's failure to notify Seller of its election to terminate in accordance with this Section 2.3(c) shall be deemed Purchaser's election to waive any such Objection(s) and such waived Objections shall be deemed to be Permitted Exceptions. Nothing in this Section 2.3 shall affect Purchaser's right to terminate this Agreement for any reason during the Due Diligence Period.
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Purchaser's Objections to Title. (a) Purchaser has reviewed the title to the Property and makes objections to title set forth on Exhibit "F" attached hereto and by this ----------- reference made a part hereof (the "Objections").
Purchaser's Objections to Title. Purchaser shall have thirty (30) calendar days from receipt of the Title Insurance Commitment and Title Documents to inspect the state of the title and matters affecting title, and to object to the matters shown thereby by giving written notice thereof to Seller. Failure to object in writing within the above period shall constitute a waiver of Purchaser’s objections to title. If Purchaser objects to any matter disclosed by the Title Insurance Commitment or Title Documents, then Seller shall have twenty-one (21) calendar days from the date it is notified in writing of the particular defects claimed, to elect, in its sole discretion, either: (1) to remedy the title defect that is the subject of the Purchaser’s objection, or (2) not remedy the title defect that is the subject of the Purchaser’s objection, at Seller’s option. Seller’s election shall be communicated in writing to Purchaser. If Seller elects not to remedy such title defect, then Purchaser shall have seven (7) calendar days following receipt of Seller’s notification under the preceding sentence to elect to either: (a) waive its title objection and accept title subject to the alleged title defect, or (b) terminate this PSA and receive a refund of the Purchase Price, if any, deposited with Escrow Holder. Seller may cure any title objection that may be cured by the payment of a sum certain (such as existing mortgages, land contracts and other liens) by paying or depositing that sum at Closing.
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