Owner’s Affidavits definition
Owner’s Affidavits has the meaning set forth in Section 6.3(c).
Owner’s Affidavits means those certain owner’s affidavits delivered to the issuer of the Title Policies in connection with funding of the Loan, copies of which were provided to Lender.
Owner’s Affidavits has the meaning set forth in Section 1.1(uuuuu).
Examples of Owner’s Affidavits in a sentence
Copies of the Owner’s Affidavits to be executed are attached hereto as Exhibit G.
Sellers agree to provide customary lien waivers, affidavits and/or undertakings, including the Owner’s Affidavits (as defined below), in form and substance reasonably acceptable to Sellers, in order to delete the applicable standard exceptions to the Title Policy.
More Definitions of Owner’s Affidavits
Owner’s Affidavits has the meaning set forth in Section 5.14(b). “Party” or “Parties” means Seller and Buyer, individually, a “Party”, and collectively as the “Parties”. “Permit” means any permit, certificate, license, franchise, consent, approval, registration, water right or similar authorization issued, made or rendered by any Governmental Entity that possesses competent jurisdiction. “Permitted Lien” means: (a) any Lien for Taxes not yet due or delinquent, (b) any mechanics’, workmen’s, repairmen’s, warehousemen’s, carriers’ or other like Lien arising in the ordinary course of business with respect to a liability that is not yet due or delinquent (it being understood, however, that the mechanics lien claim against Seller pursuant to the Notice of Filing of Mechanics’ Lien Claim by and between ▇▇▇▇▇ Construction Company and Seller shall not be deemed a Permitted Lien), (c) imperfections or irregularities of title that do not, and would not reasonably be expected to, individually or in the aggregate, materially interfere with the operation of the Business, (d) zoning, planning, and other similar limitations and restrictions, all rights of any Governmental Entity to regulate the Real Property, in each case, that do not, and would not reasonably be expected to, individually or in the aggregate, materially interfere with the operation of the Business, (e) [intentionally omitted], (f) all rights of condemnation, eminent domain or other similar rights of any Person, in each case, that do not and would not reasonably be expected to, materially interfere with the operation of the Business, (g) as to the Leased Real Property, statutory Liens of lessors or the terms and conditions of the Real Property Leases with respect thereto; (h) any Lien to be released on or prior to Closing, (i) as to any Real Property, any occupancy agreement affecting such property which does not, and would not reasonably be expected to, materially interfere with the operation of the Business, (j) all rights-of-way, easements, servitudes, restrictions, covenants and other similar non-monetary matters, whether or not of record that do not, and would not reasonably be expected to, individually or in the aggregate, materially interfere with the operation of the Business, (k) such matters shown on Schedule B, Section 2 (Exceptions) in the Title Insurance Commitments (a) in each case, that do not and would not reasonably be expected to, materially interfere with the operation of the Business; (b) in each case, i...