Title To Be Delivered. Seller agrees to convey marketable and insurable fee simple title in the Property 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. 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:
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. Seller agrees to convey marketable fee simple title in the Land to Purchaser subject only to easements, restrictions, conditions and covenants of record and to rights of farm tenants of the Land whose leases can be terminated on not more than six (6) months notice only ("Six Month Farm Leases").
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. Promptly after the parties have executed and delivered this Agreement, Purchaser shall order, from a title insurance company or agency licensed to write title insurance in the State of Minnesota (“Title”), a commitment for an ALTA owner’s title insurance policy (the “Commitment”), wherein Title agrees to issue to Purchaser upon the recording of the conveyance document(s), an ALTA owner’s title insurance policy in the full amount of the Purchase Price, and legible copies of all documents referred to in the Commitment as affecting title to the Land (the “Title Documents”). Purchaser also may order, not later than ten (10) days after its receipt of the Commitment and the Title Documents, from a registered land surveyor, a survey of the Land (the “Survey”), containing a certification addressed to Seller, Purchaser, Title and Purchaser’s lender (if any), in form acceptable to Purchaser and Purchaser’s lender, if any, and locating all of the items shown on the Commitment as affecting title to the Land. The Commitment, the Title Documents and any Survey timely ordered by Purchaser, are collectively called the “Title Evidence.” Purchaser shall have twenty (20) days after its receipt of the Title Evidence to render objections to title in writing to Seller. Any matters not timely objected to by Purchaser shall be Permitted Exceptions. Seller shall have sixty (60) days after the date of timely notice of such objections to cause the same to be removed or satisfied. Seller agrees to use reasonable efforts promptly to satisfy any such objections. Seller shall satisfy on or before the Closing Date any exception which may be satisfied solely by the payment of money. If Seller shall fail to cause such objections to be removed or satisfied within that time, Purchaser may, at its sole discretion, either (a) terminate this Agreement by notice to Seller, in which event Seller and Purchaser shall execute a written termination of this Agreement and thereupon neither party shall have any further rights or obligations under this Agreement except for obligations which expressly are provided in this Agreement to survive a termination of this Agreement (the “Surviving Obligations”); or (b) accept title subject to such objections, in which event such objections shall be Permitted Exceptions. The following items shall be Permitted Exceptions and shall not be objections to marketability of title to the Property:
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.
