Disapproved Exception definition

Disapproved Exception shall have the meaning set forth in Section 9.2.
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Disapproved Exception is defined in Section 9(d)
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Disapproved Exception shall have the meaning set forth in Section 6.2.1 and/or Section 6.2.2.
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Examples of Disapproved Exception in a sentence

  • If County fails to timely give the County Response Notice, it shall be conclusively deemed to have elected not to remove any Disapproved Exception.

  • Developer shall pay the premium for the Title Policy, including the costs of any Survey and all endorsements, except for such endorsements as County requires in connection with removal of a Disapproved Exception which County has elected to remove.

  • The Agency shall be under no obligation to remove any Disapproved Exception, but the Agency agrees to cooperate in good faith with the Purchaser in the Purchaser’s efforts to eliminate any Disapproved Exception, provided the Agency is not obligated to pay any sum or assume any liability in connection with the elimination of any such Disapproved Exception.

  • If the Agency notifies the Purchaser that the Agency intends to eliminate any Disapproved Exception, the Agency shall do so concurrently with or prior to the Close of Escrow.

  • Seller's failure to give such notice with respect to a Disapproved Exception shall constitute an election not to cure or insure over such Disapproved Exception; provided, however, that Seller shall cure any Disapproved Exception which is a deed of trust or other monetary lien encumbering the Property not caused by or on behalf of Buyer and any delinquent property taxes or assessments.

  • In the event Seller elects to cure any Disapproved Exception but is unable to do so or does not do so by the Closing Date, Buyer may (i) terminate this Agreement and receive a full refund of the Deposit and accrued interest thereon, or (ii) elect to waive its objection to the Disapproved Exception(s) in question and proceed to close escrow.

  • Based on periodic surveys of the commercialization activity of Canadian universities and hospitals, StatsCan also has a database on spin-off companies, with 968 entries as of 2004.18 The CFI has its own database of project progress reports which can be used, within limits, to investigate issues.

  • Buyer’s failure to notify Seller in writing within fifteen (15) days after receipt of the Preliminary Report of any Disapproved Exceptions shall constitute a waiver of such Disapproved Exceptions by Buyer, which shall in all events be deemed a Disapproved Exception).

  • This shows an increased demand for highly-skilled people and a fall in the number of low-skilled people compared to 2015.

  • In the event Buyer shall give notice of any Disapproved Exception, Seller shall have five (5) Business Days after receipt of such notice to notify Buyer and Escrow Holder either (1) that Seller will cure or insure over such Disapproved Exception; or (2) that Seller will not cure or insure over such Disapproved Exception.


More Definitions of Disapproved Exception

Disapproved Exception is defined in Section 7(c)
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Disapproved Exception is defined in Section 9(d) “Effective Date” is defined in the preamble.
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Disapproved Exception shall have the meaning ascribed thereto in Section 6.15.
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Related to Disapproved Exception

  • Permitted Exception means that, with respect to any representation, warranty or covenant with respect to the interest of the Buyer and its assignees in the ARSC Purchased Assets or any Servicer Default, that (i) prior to recordation (A) pursuant to Section 8.3 of this Agreement and/or Section 2.01(d)(i) of the Transfer and Servicing Agreement or (B) upon the sale of a Home to an Ultimate Buyer, record title to such Home may remain in the name of the related Transferred Employee, and no recordation in real estate records of any mortgage or any conveyance pursuant to the related Home Purchase Contract or Home Sale Contract in favor of any Transaction Party or any of the Buyer’s assignees and assigns pursuant to the Receivables Purchase Agreement will be made except as otherwise permitted under Section 2.01(d)(i) of the Transfer and Servicing Agreement and (ii) no delivery of any Home Purchase Contracts, Home Deeds and Equity Loan Notes to any custodian will be required.

  • Title Objection shall have the meaning assigned thereto in Section 8.5.

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

  • 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).

  • Title Commitment shall have the meaning set forth in Section 4.2.

  • 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.

  • Property Notice means any order, notice, proposal, demand or other requirement issued by any competent authority (including the Landlord) which materially affects the Academy Trust’s ability to use the Land for the purposes of the Academy. Restrictions on Land transfer

  • Existing Survey means the existing ALTA survey of the Property.

  • 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 Defect Notice shall have the meaning set forth in Section 11.2(a).

  • Title Review Period shall have the meaning set forth in Section 4.3.

  • Property Condition Report means a report prepared by a company satisfactory to Lender regarding the physical condition of the Property, satisfactory in form and substance to Lender in its sole discretion.

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

  • Title V means Title V of the federal Act for the Senior Community Service Employment Program for Older Americans.

  • Title Defect Property has the meaning set forth in Section 6.2(a).

  • Objection Notice has the meaning set forth in Section 2.3(a) of this Agreement.

  • Environmental Defect Notice shall have the meaning set forth in Section 12.1(a).

  • Defect Notice shall have the meaning specified in Section 3.2 of this Agreement.

  • 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.

  • Environmental Defect means, with respect to any given Asset, a material violation of Environmental Laws in effect as of the Effective Time in the jurisdiction in which such Asset is located.

  • 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.

  • Survey means a survey of the Property prepared by a surveyor licensed in the State and satisfactory to Lender and the company or companies issuing the Title Insurance Policy, and containing a certification of such surveyor satisfactory to Lender.

  • Objection/Exclusion Deadline means the date by which a written objection to this Settlement Agreement or a request for exclusion submitted by a Person within the Settlement Class must be made, which shall be designated as a date no later than forty-five (45) days after the Notice Date and no sooner than fourteen (14) days after papers supporting the Fee Award are filed with the Court and posted to the settlement website listed in Paragraph 4.1(d), or such other date as ordered by the Court.

  • Land surveyor means the land surveyor appointed by the Seller, to act as such from time to time in respect of the Development or a member of a firm so appointed.