Requisitions to Title Sample Clauses

Requisitions to Title. Provided that the title is good and free from all encumbrances, save as aforesaid, and except as to any registered restrictions or covenants that run with the land provided that such are complied with. The Purchaser acknowledges that he will satisfy himself that all such restrictions, agreements or covenants have been complied with. The Purchaser is not to call for the production of any title deed or abstract or other evidence of title except such as are in the possession of the Vendor. The Vendor shall deliver to the Purchaser a survey of the Property prior to the Closing Date. The Purchaser is to be allowed until thirty (30) days prior to the Closing Date to examine the title at his own expense. If within that time any valid objection to title is made in writing to the Vendor's Solicitor which the Vendor shall be unable or unwilling to remove and which the Purchaser will not waive, this Agreement shall, notwithstanding any intermediate negotiations in respect of such objections, be null and void and the deposit(s) shall be returned to the Purchaser without interest or deduction, other than the cost of putting the premises back into their original state, reasonable wear and tear excepted, and save for any extras ordered by the Purchaser, and the Vendor shall not be liable for any costs or damages. Save as to any valid objections so made within such time, the Purchaser shall be conclusively deemed to have accepted the title of the Vendor.
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Related to Requisitions to Title

  • General Conditions (i) Each party will make each payment or delivery specified in each Confirmation to be made by it, subject to the other provisions of this Agreement. (ii) Payments under this Agreement will be made on the due date for value on that date in the place of the account specified in the relevant Confirmation or otherwise pursuant to this Agreement, in freely transferable funds and in the manner customary for payments in the required currency. Where settlement is by delivery (that is, other than by payment), such delivery will be made for receipt on the due date in the manner customary for the relevant obligation unless otherwise specified in the relevant Confirmation or elsewhere in this Agreement. (iii) Each obligation of each party under Section 2(a)(i) is subject to (1) the condition precedent that no Event of Default or Potential Event of Default with respect to the other party has occurred and is continuing, (2) the condition precedent that no Early Termination Date in respect of the relevant Transaction has occurred or been effectively designated and (3) each other applicable condition precedent specified in this Agreement.

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