Title Insurance. At the ☐ Seller’s expense ☐ Buyer’s expense ☐ Shared expense of both Parties, the Seller shall provide the Buyer with a standard owner’s policy insuring marketable title in the amount of the Purchase Price. If any matter disclosed by the Title Commitment adversely and materially affects the value of the Premises or Buyer's intended use of the Property, the Buyer shall have the right to terminate this Agreement by giving the Seller written notice within calendar days after copies of the Title Commitment, in accordance with Section VII, are delivered to the Buyer; otherwise, the Buyer's right to terminate this Agreement pursuant to this Section shall be deemed to have been waived. A matter disclosed on the Title Commitment that is in the form of a lien that is liquidated in amount, and that can be readily discharged, shall not be grounds for termination of this Agreement by Buyer under this Section so long as the Seller discharges such lien(s) at Closing.
Appears in 95 contracts
Samples: Commercial Real Estate Purchase Agreement, Commercial Real Estate Purchase Agreement, Commercial Real Estate Purchase Agreement
Title Insurance. At the ☐ Seller’s expense ☐ Buyer’s expense ☐ Shared expense of both Parties, the Seller shall provide the Buyer with a standard owner’s policy insuring marketable title in the amount of the Purchase Price. If any matter disclosed by the Title Commitment adversely and materially affects the value of the Premises or Buyer's intended use of the Property, the Buyer shall have the right to terminate this Agreement by giving the Seller written notice within ____ calendar days after copies of the Title Commitment, in accordance with Section VII, are delivered to the Buyer; otherwise, the Buyer's right to terminate this Agreement pursuant to this Section shall be deemed to have been waived. A matter disclosed on the Title Commitment that is in the form of a lien that is liquidated in amount, and that can be readily discharged, shall not be grounds for termination of this Agreement by Buyer under this Section so long as the Seller discharges such lien(s) at Closing.
Appears in 63 contracts
Samples: Commercial Real Estate Purchase Agreement, Commercial Real Estate Purchase Agreement, Commercial Real Estate Purchase Agreement
Title Insurance. At the ☐ ☐ Seller’s expense ☐ ☐ Buyer’s expense ☐ ☐ Shared expense of both Parties, the Seller shall provide the Buyer with a standard owner’s policy insuring marketable title in the amount of the Purchase Price. If any matter disclosed by the Title Commitment adversely and materially affects the value of the Premises or Buyer's intended use of the Property, the Buyer shall have the right to terminate this Agreement by giving the Seller written notice within ____ calendar days after copies of the Title Commitment, in accordance with Section VII, are delivered to the Buyer; otherwise, the Buyer's right to terminate this Agreement pursuant to this Section shall be deemed to have been waived. A matter disclosed on the Title Commitment that is in the form of a lien that is liquidated in amount, and that can be readily discharged, shall not be grounds for termination of this Agreement by Buyer under this Section so long as the Seller discharges such lien(s) at Closing.
Appears in 4 contracts
Samples: Commercial Real Estate Purchase Agreement, Commercial Real Estate Purchase Agreement, Commercial Real Estate Purchase Agreement
Title Insurance. At the ☐ Seller’s expense ☐ Buyer’s expense ☐ Shared expense of both Parties, the Seller shall provide the Buyer with a standard owner’s policy insuring marketable title in the amount of the Purchase Price. If any matter disclosed by the Title Commitment adversely and materially affects the value of the Premises or the Buyer's intended use of the Property, the Buyer shall have the right to terminate this Agreement by giving the Seller written notice within [#] calendar days after copies of the Title Commitment, in accordance with Section VII7, are delivered to the Buyer; otherwise, the Buyer's right to terminate this Agreement pursuant to this Section shall be deemed to have been waived. A matter disclosed on the Title Commitment that is in the form of a lien that is liquidated in amount, and that can be readily discharged, shall not be grounds for termination of this Agreement by the Buyer under this Section so long as the Seller discharges such lien(s) at Closing.
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Title Insurance. At the ☐ □ Seller’s 's expense ☐ □ Buyer’s 's expense ☐ □ Shared expense of both Parties, the Seller shall provide the Buyer with a standard owner’s 's policy insuring marketable title in the amount of the Purchase Price. If any matter disclosed by the Title Commitment adversely and materially affects the value of the Premises or Buyer's intended use of the Property, the Buyer shall have the right to terminate this Agreement by giving the Seller written notice within _5 calendar days after copies of the Title Commitment, in accordance with Section VII, are delivered to the Buyer; otherwise, the Buyer's right to terminate this Agreement pursuant to this Section shall be deemed to have been waived. A matter disclosed on the Title Commitment that is in the form of a lien that is liquidated in amount, and that can be readily discharged, shall not be grounds for termination of this Agreement by Buyer under this Section so long as the Seller discharges such lien(s) at Closing.
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Title Insurance. At the ☐ Seller’s expense ☐ OR Buyer’s expense ☐ OR Shared expense of both Parties, the Seller shall provide the Buyer with a standard owner’s policy insuring marketable title in the amount of the Purchase Price. If any matter disclosed by the Title Commitment adversely and materially affects the value of the Premises or Buyer's intended use of the Property, the Buyer shall have the right to terminate this Agreement by giving the Seller written notice within ____ calendar days after copies of the Title Commitment, in accordance with Section VII, are delivered to the Buyer; otherwise, the Buyer's right to terminate this Agreement pursuant to this Section shall be deemed to have been waived. A matter disclosed on the Title Commitment that is in the form of a lien that is liquidated in amount, and that can be readily discharged, shall not be grounds for termination of this Agreement by Buyer under this Section so long as the Seller discharges such lien(s) at Closing.
Appears in 1 contract
Samples: Real Estate Purchase Agreement
Title Insurance. At the ☐ □ Seller’s 's expense ☐ □ Buyer’s 's expense ☐ □ Shared expense of both Parties, the Seller shall provide the Buyer with a standard owner’s 's policy insuring marketable title in the amount of the Purchase Price. If any matter disclosed by the Title Commitment adversely and materially affects the value of the Premises or Buyer's intended use of the Property, the Buyer shall have the right to terminate this Agreement by giving the Seller written notice within 3_ 0 calendar days after copies of the Title Commitment, in accordance with Section VII, are delivered to the Buyer; otherwise, the Buyer's right to terminate this Agreement pursuant to this Section shall be deemed to have been waived. A matter disclosed on the Title Commitment that is in the form of a lien that is liquidated in amount, and that can be readily discharged, shall not be grounds for termination of this Agreement by Buyer under this Section so long as the Seller discharges such lien(s) at Closing.
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Title Insurance. At the ☐ Seller’s expense ☐ BuyerOR Xxxxx’s expense ☐ OR Shared expense of both Parties, the Seller shall provide the Buyer with a standard owner’s policy insuring in- suring marketable title in the amount of the Purchase Price. If any matter disclosed by the Title Commitment adversely and materially affects the value of the Premises or Buyer's intended use of the Property, the Buyer shall have the right to terminate this Agreement by giving the Seller written notice within calendar days after copies of the Title Commitment, in accordance with Section VII, are delivered to the Buyer; otherwise, the Buyer's right to terminate this Agreement pursuant to this Section shall be deemed to have been waived. A matter disclosed on the Title Commitment that is in the form of a lien that is liquidated in amount, and that can be readily discharged, shall not be grounds for termination of this Agreement by Buyer under this Section so long as the Seller discharges such lien(s) at Closing.
Appears in 1 contract
Samples: Real Estate Purchase Agreement
Title Insurance. At the ☐ Seller’s expense ☐ Buyer’s expense ☐ Shared expense of ☐ ☐ ☐ both Parties, the Seller shall provide the Buyer with a standard owner’s policy insuring marketable title in the amount of the Purchase Price. If any matter disclosed by the Title Commitment adversely and materially affects the value of the Premises or the Buyer's intended use of the Property, the Buyer shall have the right to terminate this Agreement by giving the Seller written notice within (#) calendar days after copies of the Title Commitment, in accordance with Section VII7, are delivered to the Buyer; otherwise, the Buyer's right to terminate this Agreement pursuant to this Section shall be deemed to have been waived. A matter disclosed on the Title Commitment that is in the form of a lien that is liquidated in amount, and that can be readily discharged, shall not be grounds for termination of this Agreement by the Buyer under this Section so long as the Seller discharges such lien(s) at Closing.
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Title Insurance. At the ☐ Seller’s expense ☐ Buyer’s expense ☐ Shared expense ex- pense of both Parties, the Seller shall provide the Buyer with a standard owner’s policy pol- icy insuring marketable title in the amount of the Purchase Price. If any matter disclosed dis- closed by the Title Commitment adversely and materially affects the value of the Premises or Buyer's intended use of the Property, the Buyer shall have the right to terminate this Agreement by giving the Seller written notice within calendar days after copies of the Title Commitment, in accordance with Section VII, are delivered deliv- ered to the Buyer; otherwise, the Buyer's right to terminate this Agreement pursuant to this Section shall be deemed to have been waived. A matter disclosed on the Title Commitment that is in the form of a lien that is liquidated in amount, and that can be readily discharged, shall not be grounds for termination of this Agreement by Buyer under this Section so long as the Seller discharges such lien(s) at Closing.
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