Review of Title Commitment. Buyer shall give written notice to Seller of any disapproved exceptions in the Title Commitment. If Buyer so objects to any exceptions in the Title Commitment, Seller shall, within fifteen (15) days after receiving Buyer’s written notice of objections, deliver to Buyer written notice that either (a) Seller will, at Seller’s expense, cause some or all of the exception(s) to which Xxxxx has objected to be removed at or prior to Closing, or (b) Seller is unable to eliminate such exception(s). If Seller so fails to notify Buyer or is unable to remove any such exception at or prior to Closing, Buyer may elect to terminate this Agreement by written notice to Seller delivered no later than ten (10) days after the deadline for Seller’s 15- day notice as described in the immediately preceding sentence, in which event Buyer and Seller shall have no further obligations under this Agreement. If Buyer does not terminate this Agreement pursuant to the immediately preceding sentence, then Buyer shall be deemed to have waived, and at Closing shall receive and accept title to the Property subject to, any objectionable exceptions that Seller is unable to remove, all of which exceptions shall be included as Permitted Exceptions. If any new title matters are disclosed in a supplemental title report issued by the Title Company (a “Supplemental Report”) or related document, the proceeding objection, Seller response and termination / waiver provisions shall apply to the new title matters, except that Xxxxx's written notice of objections must be delivered within seven (7) days of delivery of the Supplemental Report or document and Seller’s response must be delivered within five (5) days of Buyer's written notice of objections. The Closing Date (as defined below) shall be extended to the extent necessary to permit time for the foregoing notices. If Seller gives written notice that it will cause one or more objectionable non-monetary exceptions to be removed but is unable to remove any of them on or before the Closing Date, Buyer will have the right in its sole discretion to either (A) proceed with the purchase and take the Property subject to those non-monetary exceptions not approved by Buyer, or (B) terminate this Agreement in which case Buyer shall have no further liability hereunder.
Review of Title Commitment. Buyer shall have until the Inspection Date by which to examine title to each of the Property, to obtain a title insurance commitment with respect to the applicable Property (the “Title Commitment”) from the Title Insurer, and to give written notice to Seller of any objections which Buyer may have with respect to each Property.
Review of Title Commitment. Buyer shall have until sixty (60) days after it has received the Title Commitment (or if Buyer or the Title Company requires a Survey, Title Commitment and Survey (the “Review Period”) in which to notify Seller in writing of any
Review of Title Commitment. The review of the Title Commitment shall be governed by the following:
Review of Title Commitment. After receipt of the Title Commitment, including any supplement thereto and the documents referred to therein as conditions, exceptions, or reservations to title to the Property, and the survey provided by Seller, Purchaser shall review such items and shall have a period of ten (10) days in which to provide Seller in writing such objections as Purchaser may have to anything contained or set forth in such documents or in the Title Commitment and/or Survey. Seller shall have a period of fifteen (15) days following receipt of such notice of such objections to remedy Purchaser's objections. In the event that Seller shall not have remedied Purchaser's reasonable objections to Purchaser's reasonable satisfaction within such fifteen (15) day period, then Purchaser may terminate this Agreement whereupon the Deposit shall promptly be returned to Purchaser in full termination of this Agreement
Review of Title Commitment. Buyer and Seller have already agreed upon a set of exceptions or other items that are set forth in the Title Commitment or Survey and to which Buyer does not object, which shall be deemed to be permitted exceptions (“Permitted Exceptions”). The Permitted Exceptions are set forth in Exhibit B
Review of Title Commitment. If the Title Commitment disclose exceptions to title other than as set forth on Exhibit A then Purchaser may terminate this contract but it shall only receive a refund of it's deposit made under section 2(a)(1) in the amount of $ 15,000. Alai such deposit Shell only be refunded if all other deposits required hereunder are made and retained by the Seller and the Seller is given a complete release.
Review of Title Commitment. SURVEY AND EXCEPTION DOCUMENTS. Purchaser will have a period of ten (10) calendar days (the "TITLE REVIEW PERIOD") after delivery of all the items specified in SECTION 5.1, in which to give written notice to Seller specifying Purchaser's objections to the Title Commitment, Title Exceptions, UCC Searches and Survey ("TITLE OBJECTIONS"), if any.
Review of Title Commitment. Survey and Exception Documents. Purchaser ---------------------------------------------------------- shall have a period of fifteen (15) days (the "Title Review Period") after Purchaser's receipt of the last to be received of the Title Commitment, the Exception Documents, and the Survey in which to give written notice to Seller specifying Purchaser's objections to one or more of those items ("Objections"), if any. Any item contained in the Title Commitment, the Exception Documents or the Survey to which Purchaser does not object during the Title Review Period shall be deemed a Permitted Exception.
Review of Title Commitment. Survey and Exception Documents. Purchaser ---------------------------------------------------------- shall have a period of fifteen (15) days (the "Title Review Period") after Purchaser's receipt of the last to be received of the Title Commitment, the Exception Documents, and the Survey in which to give written notice to Seller specifying Purchaser's objections to one or more of those items ("Objections"), if any. Any item contained in the Title Commitment, the Exception Documents or the Survey to which Purchaser does not object during the Title Review Period shall be deemed a Permitted Exception.
