Closing order definition
Examples of Closing order in a sentence
Purchaser shall, at the time of Closing, order a title insurance policy from the Title Company pursuant to said Commitment (the "Title Insurance Policy") and at Closing the Title Company shall have irrevocably issued the Title Insurance Policy insuring Purchaser's ownership as ofthe Closing with gap coverage and subject only to the Permitted Encumbrances.
The parties acknowledge that Focal may, prior to the Closing, order 14,400 or more switch ports respecting the Equipment (consisting of 7,680 or more DTCI ports and 6,720 or more DTC7 ports).
Purchaser shall, at the time of Closing, order a Policy of Title Insurance from Title Company pursuant to said Commitment for delivery to Purchaser as soon thereafter as possible.
Following the Initial Closing, the Seller Parties shall, at Purchaser’s request (which request shall be made reasonably in advance of the applicable Closing), order updates or bringdowns of the Title Commitments for each of the Deferred Properties from the Title Company and the Seller Parties shall use Commercially Reasonable Efforts to cause the Title Company to deliver such updates or bringdowns to Purchaser’s counsel no later than five (5) Business Days prior to the Deferred Closing.
Purchaser shall, at the time of Closing, order a Policy of Title Insurance from the Title Company pursuant to the Title Commitment for delivery to Purchaser as soon thereafter as possible, which Title Policy shall be issued without standard exceptions; provided, however, that the survey exception shall only be deleted if Purchaser has obtained and provides a new survey to the Title Company meeting the Title Company’s requirements for removing the survey exception.