Additional Title Objections definition

Additional Title Objections means a title encumbrance and/or defect that appears for the first time on an updated Title Commitment, or an updated Survey, and was not created by or with the consent of Purchaser.
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Additional Title Objections shall have the meaning ascribed to such term in Section 2.4(e) hereof.
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Additional Title Objections shall have the meaning set forth in Section 9(b) hereof.
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Examples of Additional Title Objections in a sentence

  • If Property Owner does not notify CBL/OP in writing within 5 days after Property Owner's receipt of CBL/OP's Additional Title Objection Notice (but in any event prior to the Closing Date) that Property Owner is willing to so remove or otherwise insure against any Additional Title Objections, Property Owner shall be deemed to have notified CBL/OP that Property Owner is unable or unwilling to remove or otherwise insure against such Additional Title Objections.

  • If Property Owner does notify CBL/OP that Property Owner is willing to remove or otherwise insure against any Additional Title Objections and thereafter Property Owner is unable to remove or otherwise insure against any Additional Title Objections as indicated in Property Owner's notice, Property Owner shall have no liability to CBL/OP and CBL/OP's sole remedy in such event shall be to either waive such Additional Title Objection and proceed with the Closing or terminate this Agreement.

  • Seller shall have 2 Business Days after receiving an Additional Title Objections Notice in which to deliver an additional Title Objection Response notifying Purchaser that it agrees to remove all of the additional Title Objections in the applicable Additional Title Objections Notice.

  • If Seller does not notify Purchaser in writing within fifteen (15) business days after Seller's receipt of Purchaser's Additional Title Objection Notice that Seller is willing to so cure any Additional Title Objections, Seller shall be deemed to have notified Purchaser that Seller is unable or unwilling to cure such Additional Title Objections.

  • If Seller elects to remove or cause the removal of such Additional Title Objections but is unable to do so by the scheduled Closing Date or within fifteen (15) days thereafter, then Buyer may terminate this Agreement by written notice to Seller, in which event the Deposit shall be promptly delivered to Buyer and neither party shall have any further rights or obligations under this Agreement, except for Buyer’s Surviving Obligations and Seller’s Surviving Obligations.

  • If Seller elects to attempt to cure any Title Objections or Additional Title Objections but Seller’s cure cannot be accomplished by Closing notwithstanding Seller’s diligence in pursuit thereof, the date for Closing shall be automatically extended by a reasonable period of time to effect such a cure, but in no event shall the extension exceed thirty (30) days after the initial Closing Date set forth in Section 8.1 hereof.

  • Seller agrees to eliminate or cure Additional Title Objections caused by Seller.

  • For purposes of this Agreement, the following terms shall have the respective meanings set forth below: Additional Title Objections: As defined in Section 25(b).

  • If Seller fails to timely deliver to Purchaser such an additional Title Response Notice, Seller shall be conclusively deemed to have elected not to remove any of the additional Title Objections in the Additional Title Objections Notice.

  • Seller shall have the shorter of five (5) days after Buyer's Amended Title Notice, or until two (2) Business Days before the Closing Date, within which to deliver to Buyer a notice ("Seller's Amended Title Notice") indicating whether Seller will eliminate or cure such Additional Title Objections by the Closing.


More Definitions of Additional Title Objections

Additional Title Objections means a title encumbrance and/or defect that appears for the first time on an updated Title Commitment, or an updated Survey, and was not created by or with the consent of VMRE, and is not acceptable to VMRE.
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Related to Additional Title Objections

  • sectional title unit means a unit defined in section 1 of the Sectional Titles Act;

  • sectional title scheme means a scheme defined in section 1 of the Sectional Titles Act;

  • Permitted Title Exceptions means those exceptions to title to the Real Property that are satisfactory to the Acquiror as determined pursuant to Section 2.2.

  • Initial assessed value means the assessed value, as equalized, of all the taxable property within the boundaries of the development area at the time the resolution establishing the tax increment financing plan is approved as shown by the most recent assessment roll of the municipality for which equalization has been completed at the time the resolution is adopted. Property exempt from taxation at the time of the determination of the initial assessed value shall be included as zero. For the purpose of determining initial assessed value, property for which a specific local tax is paid in lieu of a property tax shall not be considered property that is exempt from taxation. The initial assessed value of property for which a specific tax was paid in lieu of a property tax shall be determined as provided in subdivision (w).

  • Permitted Exceptions shall have the meaning set forth in Section 4.3.

  • Owner’s Title Policy means those certain ALTA extended coverage owner’s policies of title insurance issued in connection with the closing of the Mortgage Loan insuring the Mortgage Borrower as the owner of the Property.

  • Closing Notice Has the meaning specified in the NPA. Company: Has the meaning specified in the first paragraph of this Trust Supplement.

  • Title Defects has the meaning set forth in Section 5.15(b).

  • Project Title PROJECT LOCATION: PROJECT NO.: Agency Project Code Category Org. No. Activity Object No. Function Consultant Firm: Address: (City) (State) (Zip Code) Phone No. Fax No. Email: Type of Services: TABLE OF CONTENTS ARTICLE 1. GENERAL CONSULTANT 1 ARTICLE 2. PROJECT SCOPE 1 ARTICLE 3. BASIC SERVICES 2 ARTICLE 4. COMPENSATION 7 ARTICLE 5. PAYMENTS 8 ARTICLE 6. DISPUTE RESOLUTION 9 ARTICLE 7. CONSULTANTS RESPONSIBILITY 10 ARTICLE 8. OWNERS RESPONSIBILITY 12 ARTICLE 9. AUDIT AND INSPECTION OF RECORDS 13 ARTICLE 10. OWNERSHIP OF DOCUMENTS 13 ARTICLE 11. EQUAL EMPLOYMENT OPPORTUNITY 14 ARTICLE 12. TERMINATION OF AGREEMENT 15 ARTICLE 13. SUCCESSORS AND ASSIGNS 15 ARTICLE 14. APPLICABLE LAW 16 ARTICLE 15. INDEPENDENT CONTRACTOR 16 ARTICLE 16. PROHIBITED PRACTICES 16 ARTICLE 17. EXTENT OF AGREEMENT 16 ARTICLE 18. DISADVANTAGED BUSINESS ENTERPRISE 17 ARTICLE 19. ADDENDUM (IF NEEDED) 22 ATTACHMENTS A. SCOPE OF PROJECT (BY OWNER) …...................................................…...… A-1 TO A-22 B. MANPOWER, DIRECT SALARY RATE AND OVERHEAD & PROFIT FACTOR SCHEDULE (BY PRIME CONSULTANT & SUBCONSULTANTS) ...... B-1 TO B-2 C. GUIDELINES FOR REIMBURSABLE EXPENSES (BY OWNER) ……..……..… C-1 TO C-2 D. CONSULTANT INVOICE FORMS (FORMS D-1,2 & 3 – BY OWNER; FOR “FORMAT” ONLY ……………………………………………………………….. D-1 TO D-3 E. INSURANCE CERTIFICATES & PROOF OF FINANCIAL RESPONSIBILITY (BY CONSULTANT & SUBCONSULTANTS) E F. MILWAUKEE COUNTY “DBE” UTILIZATION FORMS (BY PRIME CONSULTANT) ……………………………………………………….........................

  • Objection Date means the date by which Settlement Class Members must mail their objection to the settlement for that objection to be effective. The postmark date shall constitute evidence of the date of mailing for these purposes.

  • Title Defect means with respect to a Lease any lien, encumbrance, adverse claim, default, expiration, failure, defect in or objection to real property title, other than Permitted Encumbrances, that alone or in combination with other defects renders Sellers’ title to the Lease less than Defensible Title.

  • Class Title means the designation given under these rules to a class and to each position allocated to such class.

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.