New Exceptions definition

New Exceptions shall have the meaning set forth in Section 4(b).
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New Exceptions is defined in Section 6.4(e).
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New Exceptions has the meaning ascribed to such term in Section 6.2(b).
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Examples of New Exceptions in a sentence

  • If Seller fails to give an Updated Title Response on or before such date and time, Seller shall be deemed to have elected not to attempt to cure any of the Material New Exceptions (other than Monetary Liens).

  • If Purchaser does not object to any Material New Exceptions first raised in an Updated Title Commitment by giving timely written notice as herein provided, such Material New Exception (other than Monetary Liens) shall be deemed a Permitted Exception.

  • All exceptions to title other than Monetary Liens and Material New Exceptions (as hereinafter defined) first raised by the Title Company in any updates or amendments to the Title Commitment issued after the original “effective date” of the Title Commitment shall be Permitted Exceptions (any such updates or amendments to the Title Commitment being referred to herein as an “Updated Title Commitment”).

  • If City fails to deliver written notice to the SBH Parties of its disapproval of any ESC Land New Exceptions indicated on the Revised City Title Report within said ten (10) calendar day period, then all such items shall be deemed approved by City.

  • At any time on or after the Effective Date, the SBH Parties shall be entitled to cause the Title Company to issue a revised SBH Title Report (the "Revised SBH Title Report"), which shall include any new exceptions not created by or with the consent of the SBH Parties that did not appear on the SBH Title Report (or any updates thereto), together with one copy of each of such additional exceptions (the "City Parcel New Exceptions") set forth in the Revised SBH Title Report.

  • If Purchaser fails to so terminate this Agreement in accordance with this Section 4(e), then Purchaser shall be deemed to have elected to accept title to the Property subject to such Material New Exceptions (other than Monetary Liens) as if Purchaser had not objected thereto and without reduction of the Purchase Price and such Material New Exceptions (other than Monetary Liens) shall be deemed Permitted Exceptions hereunder.

  • Within ten (10) calendar days after the SBH Parties' receipt of the Revised SBH Title Report, the SBH Parties shall notify City in writing of any City Parcel New Exceptions indicated in the Revised SBH Title Report that the SBH Parties disapprove of.

  • If the SBH Parties agree to remove one or more ESC Land New Exceptions and fail to do so on or before the ESC Land Closing, such failure shall constitute an SBH Parties Default hereunder.

  • At any time on or after the Effective Date, City shall be entitled to cause the Title Company to issue a revised City Title Report (the "Revised City Title Report"), which shall include any new exceptions not created by or with the consent of City that did not appear on the City Title Report (or any updates thereto), together with one copy of each of such additional exceptions (the "ESC Land New Exceptions") set forth in the Revised City Title Report.

  • If City timely notifies the SBH Parties of its disapproval of any ESC Land New Exceptions, then the SBH Parties shall have ten (10) calendar days after receipt of such notice to advise City in writing of any ESC Land New Exceptions that the SBH Parties are unable or unwilling to remove on or before the ESC Land Closing; the unwillingness or inability on the part of the SBH Parties to remove any ESC Land New Exception shall not be an SBH Party Default.


More Definitions of New Exceptions

New Exceptions has the meaning set forth in Section 7(b).
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New Exceptions means any encumbrance, exception or matter first appearing of record after the effective date created by the affirmative voluntary action of Seller, the Company or the LLCs, or an involuntary matter such as a mechanics liens which are less than $250,000 in amount per each of the 1201 Property, 1225 Property, 400 Virginia Property and 0000 X. Xxxxxxx Property, individually and not collectively.
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Related to New Exceptions

  • Title Objections has the meaning ascribed to such term in Section 6.2(a).

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

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

  • 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.

  • 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).

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

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

  • Title Documents shall have the meaning set forth in Section 4.1.

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

  • 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 Commitments has the meaning set forth in Section 5.9.

  • Title Report has the meaning set forth in Section 5.4(b).

  • Plan Objection Deadline means the date the Bankruptcy Court establishes as the deadline to File an objection to Confirmation of the Plan.

  • Title IX means 20 U.S.C. §§ 1681-1688 and the implementing regulations.

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

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

  • Title Policies has the meaning set forth in Section 6.17.

  • Claims Objection Deadline means the later of: (a) the date that is 180 days after the Effective Date; and (b) such other date as may be fixed by the Bankruptcy Court, after notice and hearing, upon a motion Filed before the expiration of the deadline to object to Claims or Interests.

  • Bankruptcy Exceptions means limitations on, or exceptions to, the enforceability of an agreement against a Person due to applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights generally or the application of general equitable principles, regardless of whether such enforceability is considered in a proceeding at law or in equity.

  • Objections means any objection, application, motion, complaint or any other legal proceeding seeking, in whole or in part, to disallow, determine, liquidate, classify, reclassify, or establish the priority, expunge, subordinate or estimate any Claim (including the resolution of any request for payment of any Administrative Claim).

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

  • pre-emptive offer means an offer of equity securities open for acceptance for a period fixed by the Directors to holders (other than the Company) on the register on a record date fixed by the Directors of ordinary shares in proportion to their respective holdings but subject to such exclusions or other arrangements as the Directors may deem necessary or expedient in relation to treasury shares, fractional entitlements, record dates or legal, regulatory or practical problems in, or under the laws of, any territory;

  • Claim Objection Deadline means the first Business Day that is 180 days after the Effective Date, as may be extended by order of the Bankruptcy Court.

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

  • Customary Recourse Exceptions means, with respect to any Non-Recourse Debt of an Unrestricted Subsidiary, exclusions from the exculpation provisions with respect to such Non-Recourse Debt for the voluntary bankruptcy of such Unrestricted Subsidiary, fraud, misapplication of cash, environmental claims, waste, willful destruction and other circumstances customarily excluded by lenders from exculpation provisions or included in separate indemnification agreements in non-recourse financings.