Conditions of Title definition

Conditions of Title means the conditions encumbering the Property and as contained in the Title Deed and / or contained in such further documents as referred to in the Title Deed;
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Conditions of Title is defined in Section 2.1.
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Conditions of Title means the following exceptions to title to the Property:
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Examples of Conditions of Title in a sentence

  • Delivery of title in accordance with the foregoing shall be evidenced by the willingness of the Title Company to issue, at Closing, its standard Owner’s California Land Title Association Policy of Title Insurance in the amount of the Purchase Price showing title to the Real Property vested in Buyer, subject to the Conditions of Title (the “Title Policy”).

  • The Lessee agrees to strictly observe all Government, Provincial and Municipal Laws, Bylaws and Regulations applicable to the property and the Conditions of Title thereof and the Rules of the Body Corporate including the Conduct Rules and Management Rules.

  • At Closing, the TJPA shall convey to Buyer fee simple title to the Transbay Parcel F Property by duly executed and acknowledged quitclaim deed in the form attached hereto as Exhibit F (“Quitclaim Deed”), subject to the Accepted Conditions of Title (described in Section 3.2), including the TJPA Retained Property.

  • At Closing, Title Company shall provide and deliver to Buyer or be irrevocably committed to issue to Buyer an ALTA owner’s title insurance policy (“Title Policy”) in the amount of the Final Purchase Price insuring that fee simple title to the Transbay Parcel F Property is vested in Buyer, subject only to the Accepted Conditions of Title, including the TJPA Retained Property.

  • Optionee shall take title to the Property subject to the Conditions of Title.

  • At the Close of Escrow, Seller shall cause title to the Purchase Property to be delivered subject only to Conditions of Title (defined below).

  • At the Close of Escrow, Seller shall cause a CLTA standard coverage policy of title insurance (or at Buyer’s election an ALTA extended coverage policy) to be issued to Buyer listing only Conditions of Title as exceptions, with liability in the amount of the Purchase Price for the Purchase Property (“Buyer’s Title Policy”).

  • Buyer shall take title to the Property subject to the Conditions of Title.

  • Seller shall deliver exclusive right of possession of the Property to Buyer on the Closing Date, subject only to the Conditions of Title.

  • In either event, the policy shall list only approved Conditions of Title.


More Definitions of Conditions of Title

Conditions of Title shall refer to those exceptions to title (including, without limitation, Title Company's standard printed exceptions to title with respect to an ALTA Owner's Extended Form policy of title insurance (an "ALTA Policy") listed on EXHIBIT B incorporated herein by reference, the lien for real property taxes not delinquent, any current assessments (subject to Owner's obligation to pay delinquent assessments or credit same to the Purchase Price at closing), the effect of the Lot Line Adjustment and the CC&R's, the effect of the Ground Lease and any improvements constructed by Lessee thereunder, and any other encumbrances or matters of title caused or approved in writing by Optionee. On the Closing Date, Title Company shall be unconditionally committed to issue (a) an American Land Title Association ("ALTA") Extended Title Policy Form B (1970) for the Property ("ALTA Title Policy"), with a liability limit in the amount of the Purchase Price and insuring fee title vested in Optionee, and (b) endorsements to the ALTA Title Policy (i) to provide Optionee with assurance that the Property is the same as shown on the Survey, (ii) to provide Optionee with assurance that the Property is contiguous with the property known as 495 Java Drive, and (iii) such other endorsements as Optionee may reasonably request, including without limitation zoning, tax parcel, access, and owner's comprehensive (ALTA 100, modified for owner, or equivalent) endorsements (collectively, the "Endorsements"); provided, however, the availability of such Endorsements shall not be a Condition Precedent to Optionee's obligation hereunder. Optionee shall take title to the Property subject to the Conditions of Title.
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Conditions of Title means and refer to title matters substantially in the form listed in the Report which are approved or agreed to pursuant to this Section 2.04. Such matters include nondelinquent taxes and assessments, including any Xxxxx-Xxxx or similar taxes, items 1 and 2 listed in the Report and all covenants, conditions and restrictions, easements and encumbrances of record, including but not limited to: Declarations of Covenants, Conditions and Restrictions recorded as Instrument No. 82-118353; Declaration of Covenants, Conditions and Restrictions and Reservation of Easements for Pacific Park Town Center recorded as Instrument No. 00-0000000; Declaration of Covenants, Conditions and Restrictions and Reservation of Easements for Park Plaza at Aliso Viejo Town Center recorded as Instrument No. 00-0000000 (“Aliso Viejo Town Center CC&Rs”); First Amendment of Declaration of Covenants, Conditions and Restrictions and Reservation of Easements for Park Plaza at Aliso Viejo Town Center recorded as Instrument No. 96-0151946; Second Amendment of Declaration of Covenants, Conditions and Restrictions and Reservation of Easements for Park Plaza at Aliso Viejo Town Center recorded as Instrument No. 96-0448786; Third Amendment of Declaration of Covenants, Conditions and Restrictions and Reservation of Easements for Park Plaza at Aliso Viejo Town Center recorded as Instrument No. 96-0640408; and the Notice of Annexation to Aliso Viejo Community Association and Notice of Annexation and Supplemental Declaration of Covenants, Conditions and Restrictions for Park Plaza at Aliso Viejo Town Center recorded as Instrument No. 97-0145958 (collectively referred to as the “CC&Rs”).
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Conditions of Title shall have the same meaning as set forth in Section 9.1 of this Agreement.
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Conditions of Title shall not include (x) any monetary liens, including, without limitation, the liens of any deeds of trust or other loan documents secured by the Property, or (y) any mechanics' liens. By acceptance of the Deed and the Closing of the purchase and sale of the Property, (i) Buyer agrees it is assuming for the benefit of Seller all of the obligations of Seller with respect to the Conditions of Title from and after the Closing, and (ii) Buyer agrees that Seller shall have conclusively satisfied its obligations with respect to title to the Property. The provisions of this Section shall survive the Closing.
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Conditions of Title shall refer to those exceptions to title (including, without limitation, Title Company's standard printed exceptions to title with respect to an ALTA Owner's Extended Form policy of title insurance (an "ALTA Policy"), the lien for real property taxes not delinquent, any current assessments (subject to Xxx. Xxxxx'x obligation to pay delinquent assessments or credit same to the Purchase Price at closing), and the effect of any other encumbrances or matters of title caused or approved in writing by Buyer. On the Closing Date, Title Company shall be unconditionally committed to issue an American Land Title Association ("ALTA") Extended Title Policy Form B (1970) for the Property ("ALTA Title Policy"), with a liability limit in the amount of the combined total of the Note and the Bank Debt and insuring fee title vested in Buyer (in addition, the Equipment shall not be subject to any liens or encumbrances of record);
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Related to Conditions of Title

  • Document of title means a record that in the regular course of business or financing is treated as adequately evidencing that the person in possession or control of the record is entitled to receive, control, hold, and dispose of the record and the goods the record covers and that purports to be issued by or addressed to a bailee and to cover goods in the bailee's possession which are either identified or are fungible portions of an identified mass. The term includes a bill of lading, transport document, dock warrant, dock receipt, warehouse receipt, and order for delivery of goods. "Electronic document of title" means a document of title evidenced by a record consisting of information stored in an electronic medium. "Tangible document of title" means a document of title evidenced by a record consisting of information that is inscribed on a tangible medium.

  • Conditions of Carriage means these conditions of carriage.

  • Acceptable Document of Title means, with respect to any Inventory, a tangible, negotiable bill of lading or other Document (as defined in the UCC) that (a) is issued by a common carrier or freight forwarder which is not an Affiliate of the Approved Foreign Vendor or any Loan Party which is in actual possession of such Inventory, (b) is issued to the order of a Loan Party or, if so requested by the Agent, to the order of the Agent (c) names the Agent as a notify party and bears a conspicuous notation on its face of the Agent’s security interest therein, (d) is not subject to any Lien (other than in favor of the Agent or Liens permitted under clauses (a), (b), (e) and (n) of the definition of Permitted Encumbrances and other Permitted Encumbrances which are junior in priority to the Liens in favor of the Agent), and (e) is on terms otherwise acceptable to the Agent in its Permitted Discretion.

  • Certificate of title means, with respect to any Financed Vehicle, the certificate of title or other documentary evidence of ownership of such Financed Vehicle as issued by the department, agency or official of the jurisdiction (whether in paper or electronic form) in which such Financed Vehicle is titled responsible for accepting applications for, and maintaining records regarding, certificates of title and liens thereon.

  • General Assets shall have the meaning given it in Section 3.6(a) hereof;

  • financial assets means (i) cash, (ii) securities, or (iii) a contract of insurance, a deposit or an evidence of a deposit that is not a security for the purposes of securities legislation;

  • Special Conditions of Contract means the pages completed by the Procuring Entity entitled Special Conditions of Contract which constitute Part A of the Special Conditions.

  • Investment Property the collective reference to (i) all “investment property” as such term is defined in Section 9-102(a)(49) of the New York UCC (other than any Foreign Subsidiary Voting Stock excluded from the definition of “Pledged Stock”) and (ii) whether or not constituting “investment property” as so defined, all Pledged Notes and all Pledged Stock.

  • Initial Assets The Assets identified on Schedule I hereto.

  • General Intangibles is all “general intangibles” as defined in the Code in effect on the date hereof with such additions to such term as may hereafter be made, and includes without limitation, all Intellectual Property, claims, income and other tax refunds, security and other deposits, payment intangibles, contract rights, options to purchase or sell real or personal property, rights in all litigation presently or hereafter pending (whether in contract, tort or otherwise), insurance policies (including without limitation key man, property damage, and business interruption insurance), payments of insurance and rights to payment of any kind.

  • Supporting Obligations means supporting obligations (as such term is defined in the Code), and includes letters of credit and guaranties issued in support of Accounts, Chattel Paper, documents, General Intangibles, instruments or Investment Property.

  • Specially constructed vehicle means any vehicle that was not originally constructed under a

  • Fixtures and Equipment means, with respect to any Person, all of the furniture, fixtures, furnishings, machinery and equipment owned or leased by such Person and located in, at or upon the Assets of such Person.

  • General purpose equipment means equipment, which is not limited to research, medical, scientific or other technical activities. Examples include office equipment and furnishings, modular offices, telephone networks, information technology equipment and systems, air conditioning equipment, reproduction and printing equipment, and motor vehicles.

  • Environmental Conditions means any conditions of the environment, including, without limitation, the work place, the ocean, natural resources (including flora or fauna), soil, surface water, ground water, any actual or potential drinking water supply sources, substrata or the ambient air, relating to or arising out of, or caused by the use, handling, storage, treatment, recycling, generation, transportation, Release or threatened Release or other management or mismanagement of Regulated Substances resulting from the use of, or operations on, the Property.