State of Title. The Title Insurer shall have issued a valid title insurance commitment (marked up if necessary) or pro-forma title policy in favor of Buyer (or its assignee) in the amount of the Purchase Price showing title to the Bond Lease being subject only to the Permitted Exceptions, and title to the Bond Lease shall in fact only be subject to the Permitted Exceptions.
Appears in 2 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Industrial Income Trust Inc.)
State of Title. The Title Insurer shall have issued a valid title insurance commitment (marked up if necessary) or pro-forma title policy in favor of Buyer (or its assignee) in the amount of the Purchase Price showing title to the Bond Lease Real Property being subject only to the Permitted Exceptions, and title to the Bond Lease Real Property shall in fact only be subject to the Permitted Exceptions.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Industrial Income Trust Inc.)
State of Title. The Title Insurer shall have issued a valid title insurance commitment (marked up if necessary) or pro-pro forma title policy in favor of Buyer (or its assignee) in the amount of the Purchase Price showing title to the Bond Lease Real Property being subject only to the Permitted Exceptions, and title to the Bond Lease Real Property shall in fact only be subject to the Permitted Exceptions.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Industrial Income Trust Inc.)
