Title Examination; Commitment for Title Insurance. Seller has obtained from the Title Company and delivered, or shall obtain from the Title Company and deliver, to Purchaser, an ALTA title insurance report (the “Title Commitment”) covering the Property. Purchaser shall have until the date (the “Title Exam Deadline”), which is five (5) days prior to the expiration of the Inspection Period to review the Title Commitment and at Closing obtain from the Title Company an Owner’s Policy of Title Insurance in the full amount of the Purchase Price pursuant to Section 2.4 hereof.
Title Examination; Commitment for Title Insurance. Purchaser has obtained from the Title Company an ALTA Commitment for Title Insurance dated June 20, 2006 and issued under File No. 01550233 (the “Title Commitment”) covering the Property. Purchaser shall have until the close of the Inspection Period (as defined below) to review the Title Commitment and at Closing to obtain from the Title Company an owner’s policy of title insurance in the full amount of the Purchase Price pursuant to Section 2.4.
Title Examination; Commitment for Title Insurance. Within three (3) days from the Effective Date, Buyer may apply, at its sole cost and expense, for a title insurance commitment (the "Title Commitment") for an Owner's Policy of Title Insurance, issued by the Title Company, covering the Property, together with a copy of all exceptions set forth therein. Buyer shall instruct the Title Company to deliver a copy of the Title Commitment and all exceptions to Seller. Buyer shall have until the date (the "Title Exam Deadline") which is thirty (30) days after the Effective Date to review the Title Commitment.
Title Examination; Commitment for Title Insurance. Except as otherwise provided in this Section 3, Purchaser shall have until the expiration of the Review Period to examine title to the Property. Purchaser shall be responsible for obtaining from Chicago Title Insurance Company (in such capacity, the "Title Insurer"), at Purchaser's expense, a title insurance commitment (the "Title Commitment") covering the Shopping Mall Property and the Tract 10-B Property, under which the Title Insurer agrees to insure title to the Shopping Mall Property and the Tract 10-B Property at customary rates in the full amount of the Purchase Price under an ALTA Leasehold Title Policy (as to the Shopping Mall Property) and an ALTA Form B (1992) owner's policy (as to the Tract 10-B Property), in each case free and clear of all restrictions, encumbrances and title objections, except for the "Permitted Exceptions" (as defined below), and endorsing over the exclusion with respect to rights of creditors (collectively, "Insurable Title"). Purchaser shall instruct the Title Insurer to deliver to Purchaser and Seller copies of the Title Commitment and all instruments referenced in Schedule B thereof.
Title Examination; Commitment for Title Insurance. Seller has obtained from Title Company, at Seller's expense, and delivered to Purchaser the First American Title Insurance Company Title Commitment Number 1494309-OK11, having an effective date of October 7, 2011 (together with all exceptions referenced therein, the “Title Commitment”) and covering the Property.
Title Examination; Commitment for Title Insurance. Promptly after the Effective Date, at Purchaser’s sole cost and expense, Purchaser shall order a title commitment (the “Commitment”) from a title company authorized to conduct business in the State in which the Property is located (the “Title Company”) for the issuance of a pro forma owner’s title insurance policy for the Land and Improvements (the “Pro Forma Policy”). Any and all matters that are of record as of the date of the Commitment are referred to herein as “Title Matters.”
Title Examination; Commitment for Title Insurance. Purchaser obtained from the Title Company, a Report of Title dated April 1, 2011 and issued under Order No. 21120125 (the “Title Commitment”) covering the Property. Purchaser shall at Closing obtain from the Title Company an fee and leasehold owner’s policy of title insurance pursuant to Section 2.4.
Title Examination; Commitment for Title Insurance. No later than five (5) Business Days after the Effective Date, Seller, at Seller's expense, shall cause to be issued and delivered to Purchaser (i) an ALTA- extended coverage Owner's Title Policy Commitment (the “Title Commitment”) from Xxxxxxx Title Guaranty Company (“Title Company”), in the full amount of the Purchase Price, insuring Purchaser as the proposed insured party, setting forth the status of the title to the Land and the Improvements (collectively, the “Real Property”) and showing Seller as the fee simple title holder thereof, and (ii) copies of all documents referred to in the Title Commitment, including but not limited to, lien instruments, plats, reservations, restrictions, covenants and easements. The Title Commitment shall be revised to include the legal description for the Land from the Survey (defined below), once such legal description has been finalized as provided in this Agreement.
Title Examination; Commitment for Title Insurance. Purchaser shall have the Seller’s title to the Property examined. The report of such title examination shall be in the form of an owner’s title insurance commitment (as initially issued to Purchaser, the “Title Commitment”) issued by Escrow Agent (in its capacity as title insurer sometimes herein called the “Title Company”).
Title Examination; Commitment for Title Insurance. Seller has obtained and delivered to Purchaser at no cost to Purchaser and the surveyor preparing the Survey, from Commonwealth Land Title Insurance Company (the "Title Company"), a current ALTA title insurance commitment No. 99-1135 (the "Title Commitment") covering the Property and a copy of each document referenced in the Title Commitment as an exception to title to the Property. Purchaser shall have until June 21, 1999 (the "Title Exam Deadline"), to review the Title Commitment (regardless if such date occurs prior to the Effective Date). At Closing, at Purchaser's expense, Purchaser shall obtain from the Title Company an Owner's Policy of Title Insurance in the full amount of the Purchase Price pursuant to Section 2.4 hereof.
