Title To Be Delivered. City agrees to convey good and marketable fee simple title in the Expansion Property to Expansion Property Purchaser subject only to easements, restrictions, conditions and covenants of record as of the Closing Date hereof to the extent not objected to by Expansion Property Purchaser as set forth in this Agreement, and to the conditions subsequent set forth in Section 5.3, below:
(1) City, at its sole cost and expense, shall deliver to Expansion Property Purchaser an abstract of title to the Expansion Property continued through the date of this Agreement reflecting merchantable title in City in conformity with this Agreement and applicable state law. The abstract shall be delivered together with full copies of any and all encumbrances and matters of record applicable to the Expansion Property, and such abstract shall become the property of Expansion Property Purchaser when the Purchase Price is paid in full in the aforesaid manner.
(2) Expansion Property Purchaser shall have until time of the Closing Date to render objections to title, including any easements or other encumbrances not satisfactory to Expansion Property Purchaser, in writing to City. Expansion Property Purchaser agrees, however, to review the Abstract promptly following Expansion Property Purchaser’s receipt of Expansion Property Purchaser’s land survey and the Abstract and to promptly provide City with any objections to title identified therein. Nothing herein shall be deemed to limit Expansion Property Purchaser ‘s rights to raise new title objections with respect to matters revealed in any subsequent title examinations and surveys and which were not identified in the Abstract provided by the City. City shall promptly exercise its best efforts to have such title objections removed or satisfied and shall advise Expansion Property Purchaser of intended action within ten (10) days of such action. If City shall fail to have such objections removed as of the Closing Date, or any extension thereof consented to by Expansion Property Purchaser, Expansion Property Purchaser may, at its sole discretion, either (a) terminate this Agreement without any liability on its part, and any sums previously paid to City by Expansion Property Purchaser (or paid into escrow for City's benefit) shall be returned to Expansion Property Purchaser with interest, or (b) take title subject to such objections. City agrees to use its best reasonable efforts to promptly satisfy any such objections.
Title To Be Delivered. Upon Purchaser’s fulfillment of the obligations of this Agreement, Xxxxxx agrees to convey Marketable Fee Simple Title in the Property by Warranty Deed.
Title To Be Delivered. Upon closing, Seller shall deliver marketable title in fee simple (unless otherwise agreed in §1.02) to Buyer free of all encumbrances, liens, conditions, reversionary rights or other exceptions to or defects in title except the Permitted Exceptions agreed upon in this Agreement or the Escrow Instructions. This provision survives closing and does not merge with the Deed.
Title To Be Delivered. City agrees to convey good and marketable fee simple title in the Property to Developer subject only to easements, restrictions, conditions, and covenants of record as of the date hereof to the extent not objected to by Developer as set forth in this Agreement or after examination of the abstract of title, and to the conditions subsequent set forth in Section 6.3, below:
(1) City, at its sole cost and expense, shall deliver to Developer an abstract of title to the Property continued through the date of this Agreement reflecting merchantable title in City in conformity with this Agreement and applicable state law. The abstract shall be delivered together with full copies of any and all encumbrances and matters of record applicable to the Property, and such abstract shall become the property of Developer when the Purchase Price is paid in full in the manner as aforesaid.
(2) Developer shall have until time of the Closing to render objections to title, including any easements or other encumbrances not satisfactory to Developer, in writing to City. Xxxxxxxxx agrees, however, to review the Abstract promptly following Xxxxxxxxx's receipt of Xxxxxxxxx's land survey and the Abstract and to promptly provide City with any objections to title identified therein. Nothing herein shall be deemed to limit Developer's rights to raise new title objections with respect to matters revealed in any subsequent title examinations and surveys and which were not identified in the Abstract provided by the City. City shall promptly exercise its best efforts to have such title objections removed or satisfied and shall advise Developer of intended action within ten (10) days of such action. If City shall fail to have such objections removed as of the Closing, or any extension thereof consented to by Developer, Developer may, at its sole discretion, either (a) terminate this Agreement without any liability on its part, and any sums previously paid to City by Developer (or paid into escrow for City's benefit) shall be returned to Developer with interest, or (b) take title subject to such objections. City agrees to use its best reasonable efforts to promptly satisfy any such objections.
Title To Be Delivered. Seller agrees to convey marketable and insurable fee simple title in the Premises to Purchaser through delivery of a Special Warranty Deed (“Deed”) free and clear of all liens and encumbrances except for the Permitted Exceptions (as such term is defined in Section 4.1 below).
Title To Be Delivered. At closing, Seller agrees to convey Marketable Fee Simple Title in the Premises. For purposes of this Agreement, the term "Marketable Fee Simple Title" means title to the Premises that, when acquired by Purchaser, will be insurable by the Escrow Agent under its standard ALTA (Form 10/17/92) Owner's Title Insurance Policy, at standard rates and free and clear of all liens, encumbrances, easements, covenants, conditions and restrictions other than the Permitted Exceptions (defined herein).
Title To Be Delivered. At Closing, Seller shall deliver and convey to Buyer good and marketable title to the Project, free and clear of all mortgages, deeds of trust, security interests, claims, liens, and other defects of title, subject only to Permitted Encumbrances .
Title To Be Delivered. Seller agrees to convey to Buyer marketable fee simple title to the Property subject only to the permitted encumbrances (“Permitted Encumbrances”) set forth on attached Exhibit C.
Title To Be Delivered. At closing, Seller agrees to convey Marketable Fee Simple Title in the Land and Building. For purposes of this Agreement, the term “Marketable Fee Simple Title” means title to the Land and Building that, when acquired by Purchaser, will be insurable by Title under its standard ALTA (Form 10/17/92) Owner’s Title Insurance Policy, at standard rates and free and clear of all liens, encumbrances, easements, covenants, conditions and restrictions other than the Permitted Exceptions (defined herein). Seller shall deliver to Purchaser Marketable Fee Simple Title, free and clear of all claims, encumbrances and liens except:
Title To Be Delivered. At Closing, Seller agrees to convey fee simple title to the Property to Buyer or its affiliated assignee by way of Limited Warranty Deed (the “Deed”), free and clear of all liens, encumbrances, easements, covenants, conditions and restrictions other than the Permitted Encumbrances identified on Exhibit A.
