Common use of Review of Title Clause in Contracts

Review of Title. Authority shall be responsible for obtaining a preliminary title report (“Title Report”) from First American Title Insurance Company or another title company mutually satisfactory to both parties (“Title Company”) with respect to the title to the Site. Developer and Authority each shall have the right to reasonably approve or disapprove the exceptions to title set forth in the Title Report (“Exceptions”); provided, however, that the following Exceptions are hereby approved by the parties:

Review of Title. For each Project, Authority shall be responsible for obtaining a preliminary title report (“Title Report”) from First American Title Insurance Company or another title company mutually satisfactory to both parties (“Title Company”) with respect to the title to the Site. Developer and Authority each shall have the right to reasonably approve or disapprove the exceptions to title set forth in the Title Report (“Exceptions”); provided, however, that the following Exceptions are hereby approved by the parties: