Required Exceptions definition

Required Exceptions means, collectively, the following:
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Required Exceptions means, collectively, any Title Objections to the extent (and only to the extent) that the same (a) have not been caused by Buyer or any Buyer's Representatives, and (b) are either:
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Required Exceptions has the meaning ascribed to such term in Section 6.3(b).
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Examples of Required Exceptions in a sentence

  • Seller may use any portion of the Purchase Price to satisfy any Required Exceptions that exist as of the Closing Date, provided Seller shall cause the Title Company to Remove the same.

  • Purchaser may provide to Seller a Title Objection Letter that identifies Firm Date Title Objections and NDA- Required Exceptions.

  • Seller shall pay the following costs and expenses associated with the Transaction: (i) the so-called “Grantor’s tax” applicable to the transfer of the Property, (ii) any bulk sales tax or personal property tax applicable to the transfer of the Property (iii) the commission due Seller’s Broker, (iv) all fees due its attorneys, and (v) all costs incurred in connection with causing the Title Company to Remove any Required Exceptions.

  • Seller shall be entitled to a reasonable adjournment of the Closing (not to exceed ninety (90) days) for the purpose of the removal of any Required Exceptions or other Title Objections, which removal will be deemed effected, but only if specifically agreed to in writing by Buyer, by the issuance of title insurance eliminating or insuring against the effect of the Title Objections as provided in Section 4.2.2.

  • Seller shall pay the following costs and expenses associated with the Transaction: (i) all premiums for the Title Commitment, Owner’s Title Policy (but no endorsements), (ii) the cost of the Survey, (iii) the commission due Seller’s Broker, (iv) all fees due its attorneys, (v) 1/2 of all escrow or closing charges, (vi) all transfer taxes, and (vii) all costs incurred in connection with causing the Title Company to Remove any Required Exceptions.

  • The statistical model used for soil spatial prediction was random forests (Breiman, 2001), which was implemented in the statistical computing environment R (R Development Core Team, 2008) using the randomForest package.

  • If Seller is unable to Remove any Required Exceptions prior to the Closing, Buyer may at Closing elect to either (a) terminate this Agreement, in which event the Deposit shall be paid to Buyer and, thereafter, the parties shall have no further rights or obligations hereunder except for obligations which expressly survive the termination of this Agreement, or (b) accept such exceptions to title and the Closing shall occur as herein provided without any reduction of or credit against the Purchase Price.

  • No. 2018-03)Section 13-8CERTIFICATE OF COMPLIANCE REQUIREMENT FOR CHANGES IN OCCUPANCY OF RENTED DWELLINGSSubsections:13-8-1 Certificate of Compliance Required; Exceptions.

  • Permit Not Required, Exceptions – A sign erected in conjunction with a use that incorporates a drive-thru or drive-in and is generally used to provide service and/or product options and pricing for patrons who remain in a vehicle.

  • A Seller may use any portion of the Purchase Price to satisfy its obligation to remove any Required Exceptions that exist as of the Closing Date.

Related to Required Exceptions

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

  • Permitted Exception means (a) liens for Taxes and other governmental charges and assessments which are not yet due and payable, (b) liens of landlords and liens of carriers, warehousemen, mechanics and materialmen and other like liens arising in the ordinary course of business for sums not yet due and payable, (c) other liens or imperfections on property which are not material in amount or do not materially detract from the value or the existing use of the property affected by such lien or imperfection, (d) such statements of fact and exceptions shown on any title insurance policies delivered to Global.

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

  • 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.

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

  • 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).

  • 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 Policies has the meaning set forth in Section 6.17.

  • Required Consent has the meaning set forth in Section 4.4.

  • Seller's Closing Certificate means the certificate of Seller in the form of Exhibit C attached hereto.

  • Required Consents shall have the meaning set forth in Section 4.5.

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

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

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

  • Zoning map means a map, adopted as part of a land use ordinance, that

  • Governmental Real Property Disclosure Requirements means any Requirement of Law of any Governmental Authority requiring notification of the buyer, lessee, mortgagee, assignee or other transferee of any Real Property, facility, establishment or business, or notification, registration or filing to or with any Governmental Authority, in connection with the sale, lease, mortgage, assignment or other transfer (including any transfer of control) of any Real Property, facility, establishment or business, of the actual or threatened presence or Release in or into the Environment, or the use, disposal or handling of Hazardous Material on, at, under or near the Real Property, facility, establishment or business to be sold, leased, mortgaged, assigned or transferred.

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

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

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

  • Material Consents as defined in Section 7.3.

  • Buyer Closing Certificate has the meaning set forth in Section 7.03(d).

  • Real Property Documents means any material contract or agreement constituting or creating an estate or interest in any portion of the Site, including, without limitation, the Lease Agreements and the Subleases.

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

  • Service Contracts means contracts or agreements, such as maintenance, supply, service or utility contracts.

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

  • Title Commitments has the meaning set forth in Section 5.9.