Title Objection Deadline Sample Clauses

Title Objection Deadline. If the Tax Certificate shows that the Property is included in a special taxing district and is received by 360 Buyer after the Record Title Deadline, Buyer has until the earlier of Closing or ten days after receipt by Buyer to review and 361 object to the Property’s inclusion in a special taxing district as unsatisfactory to Buyer.
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Title Objection Deadline. The Title Objection Deadline referred to in Section 1 of the Purchase Agreement is hereby amended by deleting therefrom the date of “December 31, 2021” and substituting in place thereof the date of January 14, 2022.
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Title Objection Deadline. “Title Objection Deadline” shall have the meaning set forth in Section 4.1.1 below.
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Title Objection Deadline. Section 4.1.1 of the Agreement is hereby amended such that the Title Objection Deadline shall mean 2:00 p.m. Pacific time on November 14, 2014. From and as of the date of this Amendment, all references to the “Title Objection Deadline” shall mean the Title Objection Deadline as defined by this Amendment. Further Section 4.1.1 of the Agreement is hereby amended such that in the event Buyer provides Sellers Buyer’s Disapproval Notice prior to the Title Objection Deadline, Sellers shall have until November 17, 2014, in Sellers’ discretion, to elect by written notice to Buyer whether to eliminate or cure such matters as referenced in Buyer’s Disapproval Notice. Seller’ lack of response shall be deemed Sellers’ election not to cure any matters disapproved by Buyer. In the event Buyer fails to timely provide a Buyer’s Disapproval Notice, Buyer shall be deemed to have approved all title and survey matters. Sellers’ agreement to attempt to remove such disapproved items shall not be deemed an agreement by Sellers to remove such disapproved items nor shall Sellers failure to remove such disapproved items, for any reason whatsoever, be considered or deemed a default by any Seller under, or a breach by any Seller of, the terms of this Agreement. Buyer shall have until 2:00 p.m. Pacific time on November 19, 2014 to either (X) terminate this Agreement (in which case the Escrow and the rights and obligations of the parties hereunder shall terminate and, if Buyer is not in default hereunder, the Xxxxxxx Money Deposit, plus all accrued and unpaid interest thereon, but less the Independent Consideration, shall be returned to Buyer) or (Y) agree to accept title to the Project subject to the disapproved matters that Sellers cannot, or will not, remove. In the absence of notice from Buyer pursuant to (Y) above, Buyer shall be deemed to make an election under (Y) above.
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Title Objection Deadline. For the purposes of Section 5.3 of each of the Property Agreements, the “Title Objection Deadline” shall be the date which is five days prior to the expiration of the Inspection Period.
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Related to Title Objection Deadline

  • Review Period The Asset Representations Reviewer will complete the Review of all of the Review Receivables within sixty (60) days after having received access to the Review Materials pursuant to Section 3.2(a). However, if additional Review Materials are provided to the Asset Representations Reviewer in respect of any Review Receivables pursuant to Section 3.2(b), the Review period will be extended for an additional thirty (30) days in respect of any such Review Receivables.

  • Title Defects If: (i) the Title Commitment reflects any exceptions to title which are not acceptable to Buyer, in Buyer’s sole discretion; (ii) the Survey discloses any state of fact not acceptable to Buyer, in Buyer’s sole discretion; or (iii) at any time prior to the Closing, title to the Property is encumbered by any exception to title not acceptable to Buyer, in Buyer’s sole discretion (with any such exception or unacceptable state of fact being referred to herein as a “Title Defect”); then Buyer may, on or before the Satisfaction Date (or, in the case of a Title Defect not disclosed by the Title Commitment prior to the Satisfaction Date, within fifteen (15) days after Buyer receives notice of such Title Defect), provide Seller with written notice of such Title Defect. Seller shall have the right, but not the obligation (except as specifically set forth below), during the thirty (30) day period after receipt of such notice, but not later than the Closing, to remove such Title Defect or obtain affirmative title insurance coverage acceptable to Buyer, insuring and defending Buyer against any loss, cost, or expense arising out of or related to such Title Defect (“Affirmative Coverage”). If Seller elects to do so, then on or before the Closing Date (as defined below), Seller shall provide Buyer with reasonable evidence of such removal or provide reasonable evidence that such Title Defect will be removed or that such Affirmative Coverage will be obtained. Notwithstanding anything contained herein to the contrary, Seller shall be obligated to expend whatever sums are required to cure or obtain Affirmative Coverage for the following Title Defects prior to, or at, the Closing:

  • Objections Buyer may object in writing to defects, exceptions, or encumbrances to title: disclosed on the survey other than items 6A(1) through (7) above; disclosed in the Commitment other than items 6A(1) through (9) above; or which prohibit the following use or activity: . Buyer must object the earlier of (i) the Closing Date or (ii) days after Xxxxx receives the Commitment, Exception Documents, and the survey. Buyer’s failure to object within the time allowed will constitute a waiver of Buyer’s right to object; except that the requirements in Schedule C of the Commitment are not waived by Buyer. Provided Seller is not obligated to incur any expense, Seller shall cure any timely objections of Buyer or any third party lender within 15 days after Seller receives the objections (Cure Period) and the Closing Date will be extended as necessary. If objections are not cured within the Cure Period, Buyer may, by delivering notice to Seller within 5 days after the end of the Cure Period: (i) terminate this contract and the xxxxxxx money will be refunded to Buyer; or (ii) waive the objections. If Buyer does not terminate within the time required, Buyer shall be deemed to have waived the objections. If the Commitment or Survey is revised or any new Exception Document(s) is delivered, Buyer may object to any new matter revealed in the revised Commitment or Survey or new Exception Document(s) within the same time stated in this paragraph to make objections beginning when the revised Commitment, Survey, or Exception Document(s) is delivered to Buyer.

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