Satisfactory Title. The successor Administrative Agent shall have received title opinions and other title information and data as the successor Administrative Agent may reasonably request satisfactory to the successor Administrative Agent setting forth the status of title to at least 80% of the total value of the Oil and Gas Properties evaluated in the Reserve Report delivered to Union Bank in connection with this Amendment.
Satisfactory Title. Attached hereto at Tab 2 is a notice of title continuation or endorsement issued by the Title Company complying with paragraph (e) of Section 7 of the Agreement.
Satisfactory Title. Title to the each of the Properties shall be insurable pursuant to the Title Commitments, subject only to the applicable Permitted Exceptions, and the Title Company shall be prepared to issue Title Policies in the form of the pro-forma title policies reasonably approved by Buyer on or before the Title/Survey Objection Date.
Satisfactory Title. A notice of title continuation (or nothing further certificate) or an endorsement in respect of Owner's title policy and any Assignee's title policy indicating that since the date of the Initial Advance for such Unit Premises, there have been no changes in the state of title, except for Permitted Liens and no additional survey exceptions (other than Permitted Liens) not theretofore specifically approved in writing by Owner and Assignee, and, if such Unit Premises are subject to a Ground Lease in which Agent is not the ground lessor thereunder, an estoppel certificate from the ground lessor confirming that there are no defaults under the Ground Lease, if any, and such other information relating to title as may be reasonably requested by Owner or Assignee.
Satisfactory Title. The Security Documents shall constitute a valid lien on the Property for the full amount of the Project Loan advanced to and including such date, free and clear of all Liens except for Permitted Exceptions. Lender shall have been furnished with a notice of title continuation or an endorsement to the title insurance policy issued to Lender in connection with the first advance of the Project Loan, which continuation or endorsement shall state that since the last disbursement of the Project Loan there have been no changes in the state of title to the Property.
Satisfactory Title. The Security Documents shall constitute a valid first lien on the Collateral for the full amount of the Loan advanced to and including such date, free and clear of all Liens except for Permitted Exceptions and Permitted Encumbrances. Agent shall have been furnished with a notice of title continuation or an endorsement to the title insurance policy issued to Lenders in connection with the first advance of the Loan, which continuation or endorsement shall state that since the last disbursement of the Loan there have been no changes in the state of title to the Project and that there are no additional survey exceptions not previously approved by Agent.
Satisfactory Title. Acquisition of a commitment from the Title Company to issue Buyer's Title Policy in accordance with Section 3.5.
Satisfactory Title. A notice of title continuation or date down endorsement issued by the Title Company in respect of Owner's title policy and Assignee's title policy indicating that, since the last advance, there have been no changes in the state of title, except for Permitted Liens, and increasing the pending disbursements/improvements coverage to include the amount of such Interim Advance costs.
Satisfactory Title. There shall have been no changes in the state of title and no additional survey exceptions or Liens, except for Permitted Exceptions. Brazos and Agent shall have received a list of all Liens of Record and of all other Liens known to Lessee against the Property and the amounts thereof and, in the case of an Acquired Ground Lease, an estoppel certificate from the lessor confirming that there are no defaults under the Acquired Ground Lease and such other information satisfactory to Brazos and Agent.
Satisfactory Title. The Title Company's commitment as of Closing to issue the Title Policy in accordance with Section 2.7.2.
