Purchaser Title Objections definition

Purchaser Title Objections shall have the meaning set forth in Section 4.1.
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Purchaser Title Objections shall have the meaning set forth in Section 4.1. 4 “Purchaser’s Surviving Obligations” shall mean Purchaser’s obligations intended expressly by their terms to survive Closing or the earlier the termination of this Agreement, including, without limitation, those obligations under Sections 5.1, 5.3, 9.1, 11.8 and 11.18 of this Agreement “Real Property” shall mean, collectively, the Land and the Improvements. “Seller Broker” shall have the meaning set forth in Section 9.1. “Seller Mortgage” shall mean any mortgage or deed of trust granted or assumed by Seller and encumbering the Property or any portion thereof. “Seller Parties” shall mean Seller and its shareholders, agents, officers, directors, trustees, advisors, managers, members, employees and counsel. “Seller Representations” shall mean the representations and warranties of Seller expressly set forth in Section 7.2. “Seller’s Title Election Period” shall have the meaning set forth in Section 4.1. “Study Period” shall mean the period commencing on the Effective Date and ending at 5:00 p.m., Houston, Texas time, on December 19, 2014. “Tenant” shall mean Lexicon Pharmaceuticals, Inc. “Title Company” shall mean Xxxxxxx Title Commercial, having an office address at 0000 Xxxx Xxx Xxxx, Xxxxx 000, Xxxxxxx, XX 00000, Attention: Xxxxx Xxxxx. “Title Documents” shall mean all documents referred to in the Title Commitment. “Title Objection Date” shall mean December 4, 2014. “Title Objection Notice” shall have the meaning set forth in Section 4.1. “Utility Deposits” shall mean all deposits made by or on behalf of Seller with the Persons providing water, sewer, gas, electricity, telephone and other utilities to the Real Property. ARTICLE 2
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Purchaser Title Objections shall have the meaning set forth in Section 3.1(a). “Purchaser’s Representation Certificate” has the meaning set forth in Section 4.2(b). “Purchaser’s Title Notice” has the meaning set forth in Section 3.1(a).
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Examples of Purchaser Title Objections in a sentence

  • Seller shall have five (5) days after receipt of Purchaser’s Title Notice to notify Purchaser that Seller (i) will cause or (ii) elects not to cause any or all of the Purchaser Title Objections disclosed therein to be removed.

  • Purchaser’s failure to waive such Purchaser Title Objections or terminate this Agreement within the prescribed time period shall constitute Purchaser’s termination of this Agreement.

  • Seller shall have five (5) Business Days from its receipt of the Title Objection Notice (“Seller’s Title Election Period”) to give Purchaser written notice as to whether Seller elects to use reasonable efforts to cure the Purchaser Title Objections by the Closing Date.

  • The Sellers shall use their best efforts to cure the Purchaser Title Objections as soon as possible prior to the Closing Date, but in no event shall the Sellers be required to expend in excess of TEN MILLION DOLLARS ($10,000,000) in the aggregate to cure the Purchaser Title Objections; PROVIDED, HOWEVER, the 79 <PAGE> provisions of this paragraph shall not limit the Meditrust Entities' obligations under Section 3.3 (h).

  • Seller shall have seven (7) days after receipt of such written notice to cure the Purchaser Title Objections, either by the removal of the Purchaser Title Objections or, if applicable, by the procurement of title insurance endorsements providing coverage against loss or damage as a result of the Purchaser Title Objections, in the form generally in use by the Title Company and approved by Purchaser in its sole and absolute discretion.

  • Senator Rest from the Committee on State and Local Government Operations and Oversight, to which were referred the following appointments:METROPOLITAN COUNCILKirstin Sersland Beach Sherry Broecker Georgeanne Hilker Robert J.


More Definitions of Purchaser Title Objections

Purchaser Title Objections has the meaning set forth in Section 3.1(a). “Seller” has the meaning set forth in the first paragraph of this Agreement. “Seller Deliveries” has the meaning set forth in Section 6.2.
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Purchaser Title Objections shall have the meaning set forth in SECTION 4.1.
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Purchaser Title Objections has the meaning set forth in Section 4.1. “REA Estoppels” has the meaning set forth in Section 4.1. “Real Property” shall mean, collectively, the Land and the Improvements for all of the real estate described on Exhibit A attached. “Reciprocal Easement Agreements” shall mean any and all reciprocal easement agreements, declarations of covenants, conditions, restrictions and casements, party wall agreements, “tie-back” agreements, common area agreements, shared maintenance agreements, common use agreements or similar agreements or understandings which burden or benefit the Real Property and other adjacent real property, and all supplements, amendments, modifications and memoranda thereof, relating to the development, use, operation, management, maintenance or occupancy of the Real Property. “Required Endorsements” shall mean the following ALTA endorsements (to the extent legally available in the jurisdiction in which the Real Property is located): (a) Form 9 - Comprehensive (modified as appropriate for an owner’s policy); (h) Form 3.l Zoning (including parking and loading); (c) survey endorsement; (d) access endorsement; (e) if the land on which the Property is located consists of more than one parcel, a contiguity endorsement; and (f) a tax parcel endorsement. “Restricted Period” shall mean the period commencing five (5) Business Days before the end of the Study Period and ending on the earlier of the Closing or the termination of this Agreement. “Seller” has the meaning set forth in the first paragraph of this Agreement.
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Related to Purchaser Title Objections

  • 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.

  • Additional Purchased Assets shall have the meaning set forth in Subsection 3(a).

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.

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

  • Existing Title Policy means, the existing title insurance policy for the Property.

  • BIDDER/Seller which expression shall mean and include, unless the context otherwise requires, his successors and permitted assigns) of the second part.

  • 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.

  • 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.

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

  • Purchased Assets has the meaning set forth in Section 2.1.

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

  • Purchaser means the organization purchasing the goods.

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

  • Seller’s Notice has the meaning set forth in Section 8.5(a).

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Second Closing has the meaning set forth in Section 2.2.

  • Purchaser/ User means ultimate recipient of goods and services

  • Transferred Assets has the meaning set forth in Section 2.1.

  • Seller Closing Certificate has the meaning set forth in Section 7.02(d).

  • Sellers’ Representative has the meaning set forth in the Preamble.

  • Purchased Interests has the meaning set forth in the Recitals.

  • Transferred Asset means each asset, including any Loan Asset and Substitute Loan Asset (including, if any, the Participation thereof), Conveyed by the Seller to the Purchaser hereunder, including with respect to each such asset, all Related Property; provided that the foregoing will exclude the Retained Interest and the Excluded Amounts.

  • Seller’s Representatives means Seller’s accountants, employees, counsel, environmental consultants, financial advisors, and other representatives.

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