Common use of Title to Real Estate Clause in Contracts

Title to Real Estate. Buyer has obtained (and provided copies to Sellers), one-half at Buyer’s expense and one-half at Sellers’ expense, commitments for title insurance in an aggregate amount equal to the portion of the Closing Purchase Price deemed allocated to the Real Property as reflected on the Statement of Allocation from Fidelity National Title Company (the “Title Company”), showing title to the Owned Real Property to be held in fee simple and good, marketable and vested in Sellers subject to the liens, claims and encumbrances, easements, rights-of-way, reservations, restrictions, outstanding mineral interests and other matters affecting the Real Property or the title thereto identified on Schedule 3.5 as Permitted Encumbrances. At Closing or soon thereafter as practicable, the Title Company shall issue, one-half at Buyer’s expense and one-half at Sellers’ expense, its title insurance policy(ies) consistent with its previous title commitment(s) approved by Buyer.

Title to Real Estate. Buyer has obtained (and provided copies to SellersSeller and SCI), one-half at Buyer’s expense and one-half at Sellers’ Seller’s expense, commitments for title insurance in an aggregate amount equal to the portion of the Closing Purchase Price deemed allocated to the Real Property as reflected on the Statement of Allocation from Fidelity National Title Company (the “Title Company”), showing title to the Owned Real Property to be held in fee simple and good, marketable and vested in Sellers Seller subject to the liens, claims and encumbrances, easements, rights-of-way, reservations, restrictions, outstanding mineral interests and other matters affecting the Real Property or the title thereto identified on Schedule 3.5 as Permitted Encumbrances. At Closing or soon thereafter as practicable, the Title Company shall issue, one-half at Buyer’s expense and one-half at Sellers’ Seller’s expense, its title insurance policy(ies) consistent with its previous title commitment(s) approved by Buyer.

Title to Real Estate. Buyer has obtained (and provided copies to SellersSeller and SCI), one-half at Buyer’s expense and one-half at Sellers’ Seller’s expense, commitments for title insurance in an aggregate amount equal to the portion of the Closing Purchase Price deemed allocated to the Owned Real Property as reflected on the Statement of Allocation from Fidelity National Title Company (the “Title Company”), showing title to the Owned Real Property to be held in fee simple and good, marketable and vested in Sellers Seller subject to the liens, claims and encumbrances, easements, rights-of-way, reservations, restrictions, outstanding mineral interests and other matters affecting the Real Property or the title thereto (i) identified on Schedule 3.5 as 1, or (ii) otherwise constituting Permitted Encumbrances. At Closing or soon thereafter as practicable, the Title Company shall issue, one-half at Buyer’s expense and one-half at Sellers’ Seller’s expense, its title insurance policy(ies) consistent with its previous title commitment(s) approved by Buyer.

Title to Real Estate. Buyer has obtained (and provided copies to SellersSeller), one-half at Buyer’s expense and one-half at Sellers’ Seller’s expense, commitments a commitment for title insurance in an aggregate amount equal to the portion of the Closing Purchase Price deemed allocated to the Real Property as reflected on the Statement of Allocation from Fidelity National Title Company (the “Title Company”), showing title to the Owned Real Property to be held in fee simple and good, marketable and vested in Sellers Seller subject to the liens, claims and encumbrances, easements, rights-of-way, reservations, restrictions, outstanding mineral interests and other matters affecting the Real Property or the title thereto (i) identified on Schedule 3.5 as 1, or (ii) otherwise constituting Permitted Encumbrances. At Closing or soon thereafter as practicable, the Title Company shall issue, one-half at Buyer’s expense and one-half at Sellers’ Seller’s expense, its title insurance policy(ies) consistent with its previous title commitment(s) approved by Buyer.