Title and Survey Examination. 1. Purchaser shall obtain a title commitment (“Title Commitment”) for an owner’s title insurance policy covering the Property and a current survey of the Property (“Survey”). Purchaser shall have until the expiration of the Examination Period to examine the Title Commitment and Survey, and to give written notice to the Seller of any objections which the Purchaser may have to title or survey (“Title Objection Notice”). If, on or before the expiration of the Examination Period, Purchaser fails to deliver to Seller a Title Objection Notice, then Purchaser shall be deemed to have accepted the condition of the Property as set forth in the Title Commitment and on the Survey (or, to the extent not obtained, the condition of the Property that would be reflected on a current title insurance commitment and survey of the Property). Seller shall have the right, but not the obligation, at its election, within ten (10) days after receipt of written objections from the Purchaser (such 10-day period being referred to herein as the “Seller’s Response Period”), to provide Purchaser notice of its intent to cure any such objections at the Seller’s expense (such notice, “Seller’s Title Response”); provided, however, all mortgage or other secured indebtedness and monetary liens must be cured by the Seller regardless of whether Purchaser objects thereto, and a failure of the Seller to so cure such liens or indebtedness shall be considered a default of the Seller hereunder if such liens or indebtedness are capable of being cured by Seller; and provided further, however, that the Seller shall be permitted, in its sole discretion, to proceed to Closing and satisfy outstanding mortgage or other secured indebtedness and other monetary liens against the Property from the proceeds of the sale at time of Closing. In the event the Seller refuses to cure or remove any of said Purchaser’s objections (provided that monetary liens must be cured by the Seller as set forth herein, and Seller shall not have discretion to determine whether to cure such liens), or fails to provide Seller’s Title Response within the Seller’s Response Period (which such failure shall be deemed to be a Seller refusal to cure), then Purchaser shall have the option, which shall be exercised by written notice given to Seller, to terminate this Contract, in which event the Xxxxxxx Money shall be delivered promptly to Purchaser. If Seller agrees in Seller’s Title Response to cure any objection of Purchaser prior to Closi...
Title and Survey Examination. Seller, on or prior to the Effective Date, delivered, or caused the Company to deliver, to Buyer a copy of Seller's or the Company's, as applicable, most recent Survey of the Property and a Title Commitment.
Title and Survey Examination. Seller, on or prior to the date hereof, has delivered to Buyer a copy of Seller's most recent Survey of the Property, and a Title Commitment.
Title and Survey Examination. Seller has delivered to Buyer a Title Commitment for the Property and a Survey of the Property.
Title and Survey Examination. The Cousins Parties will provide Acquisition with a Title Commitment, UCC Examinations and Surveys with respect to the Properties prior to the Due Diligence Deadline. 20222881v11
Title and Survey Examination. Within two (2) Business Days after the Effective Date, ASOT shall obtain with respect to each Property a current, effective commitment for title insurance, if available in the applicable jurisdiction, or preliminary title report (each, a “Title Commitment”) issued by Chicago Title Insurance Company, 700 Xxxxx Xxxxxx Xxxxxx, Xxxxx 0000, Xxx Xxxxxxx, Xxxxxxxxxx 00000 (the “Title Company”), in the amount of the applicable Contribution Value for each Property, with the ASOT Acquiring Party as the proposed insured, and accompanied by true, complete, and legible copies of all documents referred to in the Title Commitments. ASOT has directed to be prepared a current ALTA-ACSM survey (the “Survey”) for each Property.
Title and Survey Examination. Seller has delivered or otherwise made available to Buyer a copy of (x) a current survey of each Parcel (individually and/or collectively, as the context shall require, the “Survey”) and (y) a current title report for each Parcel prepared by the Title Company (individually and/or collectively, as the context shall require, the “Title Report”).
Title and Survey Examination. If not previously delivered, Seller shall deliver to Buyer a copy of Seller’s most recent survey of the Property, if any, in Seller’s possession, and either (i) Seller’s title insurance policy in Seller’s possession, or (ii) a Title Commitment dated within 90 days of the Effective Date.
Title and Survey Examination. Buyer may, at Buyer’s sole cost and expense (i) examine the Title Commitment and exception documents, and (ii) examine the Survey (as defined on Exhibit C). Except to the extent Buyer gives Seller written notice pursuant to Section 6.3 below of objections to any matters shown on the Title Commitment and/or the Survey, all such matters shall be deemed Permitted Exceptions (defined in Section 6.5 below).
Title and Survey Examination. (a) Within thirty (30) days after the Agreement has been executed and delivered by Seller and Purchaser, Purchaser at Purchaser's sole expense shall cause to be issued to Purchaser by a title insurance company or companies (hereinafter referred to as the "Title Company") selected by Purchaser, a title report of, and commitment to insure title to, the Property (hereinafter referred to as the "Title Report"), and within such same thirty (30) day period Purchaser at Purchaser's expense may cause to be delivered to Purchaser surveys of each Parcel and related Improvements by a licensed surveyor satisfactory to Purchaser and the Title Company.
