Common use of Review of Title Commitment and Survey Clause in Contracts

Review of Title Commitment and Survey. Within twenty (20) days after Xxxxx’s receipt of the Title Commitment, Buyer shall give Seller written notice of any objections to the Title Commitment. Within twenty (20) days after Xxxxx’s receipt of the Survey, Buyer shall give Seller written notice of any objections to the Survey. Any exceptions identified in the Title Commitment or Survey to which written notice of objection is not given within such period shall be a “Permitted Encumbrance.” If the Seller is unable or unwilling to correct the Buyer’s title and survey objections within the Due Diligence Period, Buyer may terminate this Agreement by written notice to Seller prior to expiration of the Due Diligence Period, in which case the Xxxxxxx Money Deposit shall be refunded to Buyer. If Buyer fails to so terminate this Agreement, then such objections shall constitute “Permitted Encumbrances” as of the expiration of the Due Diligence Period, and Buyer shall acquire the Property without any effect being given to such title and survey objections.

Review of Title Commitment and Survey. Within Buyer shall give Seller written notice, within twenty (20) days after XxxxxBuyer’s receipt of the Title Commitment, Buyer shall give Seller written notice Commitment of any objections to the Title Commitment. Within Buyer shall give Seller written notice, within twenty (20) days after XxxxxBuyer’s receipt of the Survey, Buyer shall give Seller written notice Survey of any objections to the Survey. Any exceptions identified in the Title Commitment or Survey to which written notice of objection is not given within such period shall be a “Permitted Encumbrance.” If the Seller is unable or unwilling to correct the Buyer’s title and survey objections within the Due Diligence Period, Buyer may terminate this Agreement by written notice to Seller prior to expiration of the Due Diligence Period, in which case the Xxxxxxx Money Deposit shall be refunded to Buyer. If Buyer fails to so terminate this Agreement, then such objections shall constitute “Permitted Encumbrances” as of the expiration of the Due Diligence Period, and Buyer shall acquire the Property without any effect being given to such title and survey objections.

Review of Title Commitment and Survey. Within twenty (20) days after Xxxxx’s 's receipt of the Title Commitment, Buyer shall give Seller written notice of any objections to the Title Commitment. Within twenty (20) days after Xxxxx’s 's receipt of the Survey, Buyer shall give Seller written notice of any objections to the Survey. Any exceptions exception identified in the Title Commitment or Survey to which written notice of objection is not given within such period respective periods shall be a “"Permitted Encumbrance.” " If the Seller is unable or unwilling to correct the Buyer’s 's title and survey objections within the Due Diligence Period, Buyer may terminate this Agreement by written notice to Seller prior to expiration of the Due Diligence PeriodPeriod in accordance with Section 3 above. In the event of such termination, in which case the Xxxxxxx Money Deposit shall will be refunded to Buyerdisposed of in accordance with Section 2 above. If Buyer fails to so terminate this Agreement, then such objections shall constitute “"Permitted Encumbrances” " as of the expiration of the Due Diligence Period, and Buyer shall acquire the Property without any effect being given to such title and survey objections.

Review of Title Commitment and Survey. Within twenty (20) days after XxxxxBuyer’s receipt of the Title Commitment, Buyer shall give Seller written notice of any objections to the Title Commitment. Within twenty (20) days after XxxxxBuyer’s receipt of the Survey, Buyer shall give Seller written notice of any objections to the Survey. Any exceptions identified in the Title Commitment or Survey to which written notice of objection is not given within such period shall be a “Permitted Encumbrance.” If the Seller is unable or unwilling to correct the Buyer’s title and survey objections within the Due Diligence Period, Buyer may terminate this Agreement by written notice to Seller prior to expiration of the Due Diligence Period, in which case the Xxxxxxx Money Deposit shall be refunded to Buyer. If Buyer fails to so terminate this Agreement, then such objections shall constitute “Permitted Encumbrances” as of the expiration of the Due Diligence Period, and Buyer shall acquire the Property without any effect being given to such title and survey objections.