Title Company Deliveries. The delivery to the Title Company, for filing and/or recording in all applicable jurisdictions, of all applicable Loan Documents required by the Lender, including duly executed and delivered original copies of the Security Instruments covering the Mortgaged Properties and UCC-1 Financing Statements covering the portion of the Collateral comprised of personal property, and other appropriate instruments, in form and substance satisfactory to the Lender and in form proper for recordation, as may be necessary in the opinion of the Lender to perfect the Liens created by the applicable Security Instruments and any other Loan Documents creating a Lien in favor of the Lender, and the payment of all taxes, fees and other charges payable in connection with such execution, delivery, recording and filing;
Title Company Deliveries. At the Closing, as a condition to the REIT Parties obligation to close, the Title Company shall deliver to the REIT (i) an Owner's Policy of Title Insurance (the "Title Policy") issued by the Title Company, covering the Property in the form prescribed by the State Board of Insurance for use in Texas, the Title Policy to be dated the date of the recording of the applicable deed covering the Real Property covered thereby and to be in the amount of the Deemed Value of the respective Real Property covered thereby (which allocation shall be provided by Transferor), insuring Heritage LP as owner of good and indefeasible title to the Survey legal description of the Real Property covered thereby and subject only to the Permitted Exceptions that are applicable to such Real Property and such exceptions as are required by applicable Texas law to be included in Schedule B to each such policy of title insurance; and (ii) updated UCC searches from the State of Texas disclosing no security interests or liens affecting the Property other than those to be released at the Closing and other than those created pursuant to the Transferred Debt. Transferor shall comply with all requirements to the issuance of the Title Policy to be delivered at Closing and shall execute at Closing such affidavits and indemnities as may be appropriate under applicable facts and as reasonably required by the Title Company in order for it to issue such above-referenced Title Policy.
Title Company Deliveries. Each of Seller and Purchaser shall cause and direct the Title Company, in its capacity as escrow agent and as the issuer of the Title Policy, to execute and deliver the Escrow & Closing Instruction Agreement.
