Permitted Exceptions shall have the meaning set forth in Section 4.3.
Permitted Exception means (a) liens for Taxes and other governmental charges and assessments which are not yet due and payable, (b) liens of landlords and liens of carriers, warehousemen, mechanics and materialmen and other like liens arising in the ordinary course of business for sums not yet due and payable, (c) other liens or imperfections on property which are not material in amount or do not materially detract from the value or the existing use of the property affected by such lien or imperfection, (d) such statements of fact and exceptions shown on any title insurance policies delivered to Global.
Title Commitment shall have the meaning set forth in Section 4.2.
Title V means Title V of the federal Act for the Senior Community Service Employment Program for Older Americans.
Existing Survey means the existing ALTA survey of the Property.
Title Objections has the meaning ascribed to such term in Section 6.2(a).
Title Report has the meaning set forth in Section 5.4(b).
Land surveyor means a person who by reason of knowledge of
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.
Title Objection shall have the meaning assigned thereto in Section 8.5.
Equitable Exceptions means, with respect to the enforceability of any obligation, that such obligation is subject to (a) applicable bankruptcy, insolvency, moratorium, receivership, assignment for the benefit of creditors or other similar state or federal laws affecting the rights and remedies of creditors generally (including, without limitation, fraudulent conveyance or transfer laws) and judicially developed doctrines in this area, such as equitable subordination and substantive consolidation of entities and (b) equitable principles (whether considered in a proceeding in equity or at law).
Exceptions means the conditions set out in Standard Licence Condition 14A.3 of our Licences, which are: (i) if your previous supplier has prevented
Title Policies has the meaning set forth in Section 6.17.
Title Commitments has the meaning set forth in Section 5.9.
Title Documents shall have the meaning set forth in Section 4.1.
Title Defects has the meaning set forth in Section 5.15(b).
Assumed Leases has the meaning set forth in Section 2.6(b).
Title Policy shall have the meaning set forth in Section 4.2.
Title Defect Property has the meaning set forth in Section 6.2(a).
Record of survey map means a map of a survey of land prepared in accordance with Section 10-9a-603, 17-23-17, 17-27a-603, or 57-8-13.
Title Review Period shall have the meaning set forth in Section 4.3.
Survey shall have the meaning set forth in Section 4.1.
Permitted Real Property Encumbrances means (i) those liens, encumbrances and other matters affecting title to any Mortgaged Property listed in the applicable title policy in respect thereof (or any update thereto) and found, on the date of delivery of such title policy to the Administrative Agent in accordance with the terms hereof, reasonably acceptable by the Administrative Agent, (ii) as to any particular real property at any time, such easements, encroachments, covenants, restrictions, rights of way, minor defects, irregularities or encumbrances on title which do not, in the reasonable opinion of the Administrative Agent, materially impair such real property for the purpose for which it is held by the mortgagor or owner, as the case may be, thereof, or the Lien held by the Administrative Agent, (iii) municipal and zoning laws, regulations, codes and ordinances, which are not violated in any material respect by the existing improvements and the present use made by the mortgagor or owner, as the case may be, of such real property, (iv) general real estate taxes and assessments not yet delinquent, and (v) such other items as the Administrative Agent may consent to.
Service Contracts means contracts or agreements, such as maintenance, supply, service or utility contracts.
Preliminary Title Report A report issued by a title insurance company in anticipation of issuing a Title Insurance policy which evidences existing liens and gives a preliminary opinion as to the absence of any encumbrance on title to a Mortgaged Property, except liens to be removed on or before purchase or refinance, as the case may be, by the Borrower and Permitted Encumbrances.
Substitute Property shall have the meaning set forth in Section 2.6 hereof.