Common use of Title Updates Clause in Contracts

Title Updates. The Title Commitment shall be updated immediately prior to Closing and shall show no additional exceptions or liens other than the Permitted Exceptions. In the event the updated title commitment shows new or additional exceptions to title, the same procedure for clearing defects in title set forth above shall apply.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Park National Corp /Oh/), Purchase and Sale Agreement (Park National Corp /Oh/), Purchase and Sale Agreement (Park National Corp /Oh/)

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