Permitted Exceptions definition

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

Permitted Exceptions has the meaning ascribed to such term in Section 6.2(a).

Permitted Exceptions shall have the meaning set forth in Section 5.1.

Examples of Permitted Exceptions in a sentence

• Per Section 10 Further Conditions, Seller shall deliver to Buyer full and complete possession of the Property, subject to the Permitted Exceptions.

• At the Closing, contemporaneously with the payment by Xxxxx of the Purchase Price, Seller shall deliver to Buyer (a) the Deed to the Property subject to the Permitted Exceptions, (b) a vendor’s affidavit acceptable to the Title Company to allow it to delete the standard exceptions for non-survey matters from its title policy; (c) a certification of non-foreign status with respect to Seller as required by Section 1445 of the Internal Revenue Code; (d) a disclosure of Sales Information Form required by Ind.

• Exceptions that the Authority elects not to remove, or is deemed to have elected not to remove, and that Developer elects to accept, or is deemed to have accepted, will also be deemed to be Permitted Exceptions.

• The Title Company is irrevocably committed to issue the Leasehold Title Policy in favor of Developer showing Xxxxxxxxx as the insured holder of the leasehold interest in the Ground Lease and subject only to the Permitted Exceptions or as otherwise approved by Developer.

• If Developer does object then the Authority may elect in the Authority’s sole and absolute discretion, at its cost, to remove any new exceptions created by the Authority that are not Permitted Exceptions before the close of Escrow, or to remove or otherwise cause the Title Company not to show any other new exception on the owner’s title insurance policy to be issued to Developer at close of Escrow.

More Definitions of Permitted Exceptions

Permitted Exceptions means, collectively, (a) liens for taxes, assessments and governmental charges not yet due and payable or due and payable but not yet delinquent; (b) the Leases; (c) the exceptions to title set forth in the Existing Title Policy; (d) all matters shown on the Existing Survey, and (e) such other nonmonetary encumbrances with respect to the Property as may be shown on the Update which are not objected to by the Purchaser (or which are objected to, and subsequently waived, by the Purchaser) in accordance with Section 3.1.

Permitted Exceptions means:

Permitted Exceptions means the following:

Permitted Exceptions shall have the meaning set forth in Section 9.2.

Permitted Exceptions means, with respect to the Real Property Rights, the following:

Permitted Exceptions has the meaning set forth in Section 2.3.

Permitted Exceptions as used in this Agreement, shall mean (i) the title exceptions listed in Schedule B of the Title Commitment, (ii) any general exceptions and exclusions contained in the standard owner’s policy of the Title Company that are not deleted pursuant to the Owner’s Affidavit, (iii) all title matters of record as of the Closing Date, and (iv) all taxes not yet due and payable.