Redeveloper’s Title Due Diligence Sample Clauses

Redeveloper’s Title Due Diligence. Before expiration of a Title Due Diligence Period, the Redeveloper shall provide the Town with written notice of any Encumbrance or other defects in title that would make the Town unable to convey good, clear and marketable title (each such Encumbrance or other defect in title individually referred to herein as a “Title Exception”), and the Town shall have one hundred and twenty (120) days after receipt of such written notice (the “Title Cure Period”) within which to correct or remedy such Title Exception, and the Town covenants and agrees to use reasonable efforts to correct or remedy such Title Exception within the Cure Period, provided that the Town shall not be required to spend more than $10,000 total in connection with such reasonable efforts for any and all efforts to correct Title Exceptions during any of the three Title Due Diligence Periods. If, despite such reasonable efforts, the Town is unable to take such actions as may be required to remedy such Title Exception, the Town shall give the Redeveloper notice thereof, and the Redeveloper may elect either to (i) accept title to the Town Properties subject to the uncorrected or unremedied Title Exception, or (ii) terminate this Agreement, in which case the Deposit shall be returned to the Redeveloper, all obligations of the Parties hereunder shall cease except for those provisions expressly stated to survive termination of this Agreement, and neither Party shall have any claim against the other by reason of this termination.
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Related to Redeveloper’s Title Due Diligence

  • THE PROPERTY The Landlord agrees to lease the described property below to the Tenant: (enter the property information)

  • PROPERTY IMPROVEMENTS Improvements placed on National Forest System land at the direction of either of the parties, shall thereupon become property of the United States, and shall be subject to the same regulations and administration of the Forest Service as other National Forest improvements of a similar nature. No part of this instrument shall entitle the cooperator to any share or interest in the project other than the right to use and enjoy the same under the existing regulations of the Forest Service.

  • CONSTRUCTION AND IMPROVEMENTS Concessionaire shall not affix, alter, or erect any permanent or temporary equipment, structures, buildings, or additions to the Concession Premises without first obtaining the prior written approval of Department.

  • Phase I a. In Phase I, the project will be connected as a tap to the Transmission Owner’s 230kV transmission line MWP-2 via one 230kV circuit breaker in series with one of two ring bus breakers for stuck breaker protection (one in each direction) and a tie-line breaker, as shown on the one-line diagram labeled CL-E-IA-01 attached to this Appendix A as Figure 1. The changes to the existing MWP-2 line protection for this arrangement are described in Phase I System Upgrades in Section II of this Appendix A.

  • Title to Project Site Title to the Site is vested in the Board of Regents of the University System of Georgia as public property of the State of Georgia, and is not subject to levy or lien.

  • Access to Property, Property’s Management, Property Lender, and Property Tenants Potential Investor agrees to not seek to gain access to any non-public areas of the Property or communicate with Property’s management employees, the holder of any financing encumbering the Property, the Property’s tenants, and the Owner’s partners in the ownership of the Property, without the prior consent of Owner or HFF, which consent may be withheld in the Owner’s sole discretion.

  • Ownership Title to Project Deliverables This clause shall apply where Contractor is commissioned by the Authorized User to furnish project deliverables as detailed in the Purchase Order.

  • REPAIRS AND IMPROVEMENTS 14.1 Prior to registration of transfer, the Purchaser shall not be entitled to effect any alterations to the Property without the prior written consent of the Seller.

  • Project Completion Part 1 – Material Completion

  • Development of the Property Except as modified by this Agreement, the Development and the Property will be developed in accordance with all applicable local, state, and federal regulations, including but not limited to the City’s ordinances and the zoning regulations applicable to the Property, and such amendments to City ordinances and regulations that that may be applied to the Development and the Property under Chapter 245, Texas Local Government Code, and good engineering practices (the “Applicable Regulations”). If there is a conflict between the Applicable Regulations and the Development Standards, the Development Standards shall control.

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