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 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
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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 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

Related to Review of Record Title

  • 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.

  • EXAMINATION OF RECORDS The Contractor shall maintain during the course of the work complete and accurate records of all of the Contractor's costs and documentation of items which are chargeable to H-GAC under this Agreement. H-GAC, through its staff or designated public accounting firm, the State of Texas, and United States Government, shall have the right at any reasonable time to inspect, copy and audit those records on or off the premises by authorized representatives of its own or any public accounting firm selected by H- GAC. The right of access to records is not limited to the required retention period, but shall last as long as the records are retained. Failure to provide access to records may be cause for termination of the Agreement. The records to be thus maintained and retained by the Contractor shall include (without limitation): (1) personnel and payroll records, including social security numbers and labor classifications, accounting for total time distribution of the Contractor's employees working full or part time on the work, as well as cancelled payroll checks, signed receipts for payroll payments in cash, or other evidence of disbursement of payroll payments; (2) invoices for purchases, receiving and issuing documents, and all other unit inventory records for the Contractor's stocks or capital items; and (3) paid invoices and cancelled checks for materials purchased and for subcontractors' and any other third parties' charges. The Contractor further agrees that the examination of records outlined in this article shall be included in all subcontractor or third-party agreements.

  • Delivery of Records If the Global Agent resigns or its appointment is terminated, it shall, on the date on which the resignation or termination takes effect, forward to any new agent any amount held by it for payment in respect of the Notes and deliver to such new agent the records kept by it and all Notes and other records necessary for the administration of and performance of its duties with respect to the Notes held by it pursuant to this Agreement; provided, however, that the Global Agent may retain a copy of such records in order to comply with any applicable law, rule or regulation or its own document retention policies.

  • Maintenance of Records I agree to keep and maintain adequate and current written records of all Inventions made by me (solely or jointly with others) during the term of my employment with the Company. The records will be in the form of notes, sketches, drawings, and any other format that may be specified by the Company. The records will be available to and remain the sole property of the Company at all times.

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