Review of Record Title Sample Clauses

Review of Record Title. Within fifteen (15) days of the Effective Date, Buyer shall cause Title Company or another title company mutually acceptable to the Parties to deliver to Buyer a Preliminary Title Report together with copies of all written instruments creating the exceptions specified therein, and plat maps plotting all easements specified therein and a copy thereof to City. Title Company shall charge Buyer for the Preliminary Title Report. Buyer shall review the title report, and Buyer shall have ten (10) days from Xxxxx’s receipt of the Preliminary Title Report to give Notice to City and the Escrow Agent of Xxxxx’s approval or disapproval of the Preliminary Title Report, including without limitation any Exceptions. If Xxxxx notifies City of Xxxxx’s disapproval of any items, City shall have the right, but not the obligation, to remove any disapproved items after receiving Notice of Buyer’s disapproval or provide assurances reasonably satisfactory to Buyer that such items will be removed or remedied on or before the Closing. City shall exercise such right by Notice to Buyer within ten
Sample 1
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Review of Record Title. Within fifteen (15) days of the Effective Date, Buyer shall cause Title Company or another title company mutually acceptable to the Parties to deliver to Buyer a Preliminary Title Report together with copies of all written instruments creating the exceptions specified therein, and plat maps plotting all easements specified therein and a copy thereof to City. Title Company shall charge Buyer for the Preliminary Title Report. Buyer shall review the title report, and Buyer shall have ten (10) days from Buyer’s receipt of the Preliminary Title Report to give Notice to City and the Escrow Agent of Buyer’s approval or disapproval of the Preliminary Title Report, including without limitation any Exceptions. If Buyer notifies City of Buyer’s disapproval of any items, City shall have the right, but not the obligation, to remove any disapproved items after receiving Notice of Buyer’s disapproval or provide assurances reasonably satisfactory to Buyer that such items will be removed or remedied on or before the Closing. City shall exercise such right by Notice to Buyer within ten (10) days of receipt of Notice from Buyer of Buyer’s disapproval. If City cannot or does not elect to remove any disapproved items, then Buyer shall have ten (10) days after the expiration of City’s ten (10) day election period to either (i) give City Notice that Buyer intends to proceed with the purchase of the Site subject to the disapproved items or (ii) give City Notice that Buyer does not elect to accept the purchase of the Site and elects to terminate the Escrow and this Agreement, whereupon any sums deposited by Buyer into escrow and all interest earned thereon shall be returned to Buyer. The Exceptions to title approved by Buyer as provided herein shall hereinafter be referred to as the “Permitted Exceptions” and/or the “Condition of Title.” Buyer shall have the right to approve or disapprove in the manner provided in this Section any Exception reported by the Title Company or otherwise discovered after Buyer has approved the Condition of Title (which are not created by Buyer).
Sample 1

Related to Review of Record Title

  • Review of Records Business Associate agrees to make internal practices, books, and records relating to the use and Disclosure of PHI received from, or created or received by Business Associate on behalf of Covered Entity available to Covered Entity, or at the request of Covered Entity to the Secretary, in a time and manner designated by Covered Entity or the Secretary, for purposes of the Secretary determining Covered Entity’s compliance with the HIPAA Regulations. Business Associate agrees to make copies of its HIPAA training records and HIPAA business associate agreements with agents and subcontractors available to Covered Entity at the request of Covered Entity.

  • Owner of Record The Seller is the owner of record of each Mortgage and the indebtedness evidenced by each Mortgage Note, except for the Assignments of Mortgage which have been sent for recording, and upon recordation the Seller will be the owner of record of each Mortgage and the indebtedness evidenced by each Mortgage Note, and upon the sale of the Mortgage Loans to the Purchaser, the Seller will retain the Mortgage Files with respect thereto in trust only for the purpose of servicing and supervising the servicing of each Mortgage Loan;

  • Inspection of Records Upon reasonable notice to the Administrative Trustees and the Property Trustee, the records of the Trust shall be open to inspection by Securityholders during normal business hours for any purpose reasonably related to such Securityholder's interest as a Securityholder.

  • Identifying of Records The Servicer shall identify its master data processing records relating to Pool Receivables and related Contracts with a legend that indicates that the Pool Receivables have been pledged in accordance with this Agreement.

  • Importer of Record If any Goods are imported, Seller shall when possible allow AGILENT to be the importer of record, unless otherwise specified or approved by AGILENT. If AGILENT is not the importer of record and Seller obtains duty drawback rights to the Goods, Seller shall furnish to AGILENT, upon request, information and documentation required by the customs authorities of the country of receipt to prove importation and to transfer duty drawback rights to AGILENT.

  • Marking of Records At its expense, the Seller will xxxx its master data processing records evidencing Pool Receivables and related Contracts with a legend evidencing that Receivable Interests related to such Pool Receivables and related Contracts have been sold in accordance with the Agreement.

  • Retention of Records The Contractor and its subcontractors shall maintain all records pertinent to this Agreement, and all other financial, statistical, property, participant records, and supporting documentation for a period of no less than seven (7) years from the later of the date of acceptance of the final payment or until all audit findings have been resolved. If any litigation, claim, negotiation, audit or other action involving the records has been started before the expiration of the retention period, the records shall be retained until completion of the action and resolution of all issues which arise from it, or until the end of the seven (7) years, whichever is later, and until any outstanding litigation, audit, or claim has been fully resolved.

  • Transfer of Records (a) In accordance with Section 3.1, the Receiver assigns, transfers, conveys and delivers to the Assuming Bank the following Records pertaining to the Deposit liabilities of the Failed Bank assumed by the Assuming Bank under this Agreement, except as provided in Section 6.4: (i) signature cards, orders, contracts between the Failed Bank and its depositors and Records of similar character; (ii) passbooks of depositors held by the Failed Bank, deposit slips, cancelled checks and withdrawal orders representing charges to accounts of depositors; and the following Records pertaining to the Assets: (iii) records of deposit balances carried with other banks, bankers or trust companies; (iv) Loan and collateral records and Credit Files and other documents; (v) deeds, mortgages, abstracts, surveys, and other instruments or records of title pertaining to real estate or real estate mortgages; (vi) signature cards, agreements and records pertaining to Safe Deposit Boxes, if any; and (vii) records pertaining to the credit card business, trust business or safekeeping business of the Failed Bank, if any. (b) The Receiver, at its option, may assign and transfer to the Assuming Bank by a single blanket assignment or otherwise, as soon as practicable after Bank Closing, any other Records not assigned and transferred to the Assuming Bank as provided in this Agreement, including but not limited to loan disbursement checks, general ledger tickets, official bank checks, proof transactions (including proof tapes) and paid out loan files.

  • No Legal Title to Owner Trust Estate The Certificateholders shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a Certificateholder. The Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial interest therein only in accordance with Articles V and VIII. No transfer, by operation of law or otherwise, of any right, title or interest of the Certificateholders to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Trust Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Owner Trust Estate.

  • Location of Records The offices where the initial Servicer keeps all of its records relating to the servicing of the Pool Receivables are located at Xxx XXX Xxxxxx, Xxxxxxx, XX 00000.

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