Title Clearance. If the title policy issued to Developer upon the close of Escrow contains exceptions that would adversely affect the development of the real property or the Completion of the Infrastructure as required under this DDA, and such exceptions may be removed by means of a Quiet Title Action or street vacation, then the Parties agree to take reasonable actions to eliminate such exceptions, at Developer’s sole cost, by means of Quiet Title Action or a supplemental street vacation ordinance.
Title Clearance. If any objections to title are made as provided in Section 6.2, Seller shall clear all the title objections within sixty (60) days after receipt of Buyer's written title objections.
Title Clearance. For any building construction over $250,000, the Awardee shall provide title evidence satisfactory to RUS, prior to releasing the invitations to bid.
Title Clearance. (A) Buyer shall obtain at its own cost and expense any survey, title commitments, title search, title opinion or title insurance policy which it deems necessary or which may be required, and Buyer shall notify Seller within twenty (20) days from receipt of the title commitment or the survey of any defect or condition ("Objection") affecting marketability or insurability. Seller shall have thirty (30) days from the notice of such objection to cure the same at its own cost and expense, and the above Closing date shall be adjusted accordingly. Buyer's failure to so notify Seller of any Objection shall constitute an acceptance of Seller's title. Buyer shall have twenty (20) days from receipt of a title endorsement or revised survey to notify Seller of Objections as provided above or its rights hereunder are waived.
Title Clearance. To enable Seller to make conveyance as herein provided, Seller may, at the time of Closing, use the Purchase Consideration or any portion thereof to clear the title of any or all encumbrances or interests, provided that all instruments so procured are recorded simultaneously with the delivery of the Deed. At Closing, Seller will provide appropriate assurances of the payment of any real estate taxes levied against Seller's property (other than the Premises) which may be a lien against the subdivided Premises.
Title Clearance. (A) Buyer shall obtain at its own cost and expense any survey, title commitments, title search, title opinion or title insurance policy which it deems necessary or which may be required, and Buyer shall notify Seller within twenty (20) days from receipt of the title commitment or the survey of any defect or condition ("Objection") affecting marketability or insurability. Seller shall have thirty (30) days from the notice of such objection to cure the same at its own cost and expense, and the above Closing date shall be adjusted accordingly. Buyer's failure to so notify Seller of any Objection shall constitute an acceptance of Seller's title. Buyer shall have twenty (20) days from receipt of a title endorsement or revised survey to notify Seller of Objections as provided above or its rights hereunder are waived. 4 (B) If Seller is unwilling or if, after reasonable effort, Seller is unable to cure any objection as above provided, Seller shall so notify Buyer within 30 days from the date Seller is notified, in writing, by Buyer of any Objection, and Buyer at its election may terminate this Agreement or take title subject to any Objection with or without any abatement in the purchase price as negotiated and mutually agreed to by Buyer and Seller. In the event of Buyer's termination, Seller shall return to the Buyer the above Deposit with interest, which Buyer shall accept in full satisfaction of any and all claims under or related to this Agreement. 5.
Title Clearance. Applicants must obtain title clearance in accordance with the provisions of 7 CFR part 1927, subpart B applicable to title clearance, which would include title insurance or title opinion, unless the loan applicant is leasing the property or is an organi- zation or an individual with special title or loan closing problems, in which case title clearance and related legal services will be obtained in accordance with procedures approved by the Agen- cy.
Title Clearance. Buyer acknowledges receipt of the Preliminary Title Report from Seller for a CLTA owner's title policy together with photostatic copies of all documents affecting title, as disclosed in the Preliminary Title Report. Buyer shall approve or in good faith disapprove the Preliminary Title Report or any part thereof, by written notice to Seller and Escrow Holder within ten (10) business days after the date of this Agreement, unless otherwise waived by Buyer. If Buyer fails to so
Title Clearance. GAP Affidavit, ALTA Statement, utility letters and such other certificates and title indemnities in favor of Title Company as shall be required to issue the Lender’s Title Insurance Policies.
Title Clearance. If the title commitment discloses unpermitted exceptions, Landlord shall have thirty (30) days from the date of delivery thereof to have the exceptions removed from the commitment or to have the title insurer commit to insure against loss or damage that may be occasioned by such exceptions provided such alternative insurance is acceptable to Tenant's Lender. If Landlord fails to have the exceptions removed, or in the alternative, to obtain the commitment for title insurance specified above as to such exceptions within the specified time, Tenant may terminate the Purchase Option or may elect, upon notice to Landlord within ten (10) days after the expiration of the thirty (30)-day period, to take title as it then is with the right to deduct from the Purchase Price liens or encumbrances of a definite or ascertainable amount. If Tenant does not so elect, the Purchase Option shall become null and void without further actions or liability of the parties and the earnxxx xxxey deposited by Tenant pursuant to the terms hereof shall be returned to Tenant, together with all interest earned thereon, but this Lease shall remain in full force and effect and all of the covenants, agreements and obligations of Tenant hereunder shall continue.
