TITLE TO PROPERTY AND TITLE INSURANCE Sample Clauses

TITLE TO PROPERTY AND TITLE INSURANCE. (a) Seller has, or shall have at Closing, free title to the Property and agrees to convey such title to Buyer by general warranty deed, free of financial encumbrances as warranted under Section 10.6; (b) Seller agrees to pay for, and furnish Buyer at Closing with, a current standard form Owner's policy of title insurance in the amount of the Total Purchase Price; (c) the title policy shall conform with Seller's obligations under subsections (a)and(b).Unless otherwise agreed under Section 8.4, the commitment shall conform with the title insurance commitment provided under Section 7.
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TITLE TO PROPERTY AND TITLE INSURANCE. (a) Seller has, or shall have at Closing, free title to the Property and agrees to convey such title to Buyer by [ ] general [ x ] special warranty deed, free of financial encumbrances as warranted under Section 10.6; (b) Seller agrees to pay for, and furnish Buyer at Closing with, a current standard form Owner's policy of title insurance in the amount of the Total Purchase Price; (c) the title policy shall conform with Seller's obligations under subsections(a) and (b). Unless otherwise agreed under Section 8.4, the commitment shall conform with the title insurance commitment provided under Section 7.1. [ x ] The Buyer elects to obtain a full - coverage extended ALTA policy of title insurance under 6 ( b ). The cost of this coverage, above that of a standard Owner's policy, shall be paid for by the [ ] Buyer [ x ] Seller. Also, the cost of a full-coverage ALTA survey, shall be paid for by the [ ] Buyer [ x ]Seller.
Sample 1
TITLE TO PROPERTY AND TITLE INSURANCE. (a) Seller has, or shall have at Closing, fee title to the Property and agrees to convey such title to Buyer by [X] general [ ] special warranty deed, free of financial encumbrances as warranted under Section 10.6; (b) Seller agrees to pay for, and furnish Buyer at Closing with, a current standard fort Owner's policy of title insurance in the amount of the Total Purchase Price; (c) the title policy shall conform with Seller's obligations under subsections (a) and (6). Unless otherwise agreed under Section 8.4, the commitment shall conform with the title insurance commitment provided under Section 7.1. [ ] The Buyer elects to obtain a full-coverage extended ALTA policy of title insurance under 6(b). The cost of this coverage, above that of a standard Real Estate Purchase Contract UAR Form 3 (5/94) Buyer(s)______ Seller(s)_____ RealFA$T(R) Forms, Xxx 0000, Xxxxxx, XX 00000, Version 6.00, (C)RealFA$T(R), 1999; Reg# LUTUAR225136 Owner's policy, shall be paid for by the [ ] Buyer [ ] Seller. Also, the cost of a full-coverage ALTA survey, shall be paid for by the [ ] Buyer [ ] Seller.
Sample 1
TITLE TO PROPERTY AND TITLE INSURANCE. 3.aWithin ten (10) days following the Effective Date, Seller shall deliver a title commitment (the “Commitment”), from Cottonwood Title (the “Title Company”), in the amount of the Purchase Price, together with legible copies of all documents referred to therein (the “Title Documents”). Buyer shall then have until 5:00 p.m. Mountain Time on the date which is thirty (30) days following Xxxxx’s receipt of the Commitment and the Title Documents (the “Title Review Period”) to give Seller written notice (“Buyer’s Title Notice”) of Buyer’s disapproval or conditional approval of any matters shown in the Commitment. The failure of Buyer to give Xxxxx’s Title Notice on or before the end of the Title Review Period shall be deemed to constitute Buyer’s approval of the condition of title to the Property.
Sample 1

Related to TITLE TO PROPERTY AND TITLE INSURANCE

  • Title to Properties The Company and each Subsidiary have good record and marketable title in fee simple to, or valid leasehold interests in, all real property necessary or used in the ordinary conduct of their respective businesses, except for such defects in title as could not, individually or in the aggregate, have a Material Adverse Effect. As of the Closing Date, the property of the Company and its Subsidiaries is subject to no Liens, other than Permitted Liens.

  • Title to Property The Company and its Subsidiaries have good and marketable title in fee simple to all real property and good and marketable title to all personal property owned by them which is material to the business of the Company and its Subsidiaries, in each case free and clear of all liens, encumbrances and defects except such as are described in Schedule 3(t) or such as would not have a Material Adverse Effect. Any real property and facilities held under lease by the Company and its Subsidiaries are held by them under valid, subsisting and enforceable leases with such exceptions as would not have a Material Adverse Effect.

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