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Standard Exceptions definition

Standard Exceptions has the meaning set forth in Section 5.2.
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Standard Exceptions are boilerplate exceptions included on every title commitment in Florida (although the specific language may vary from Title Company to Title Company) and are as follows:
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Standard Exceptions means the preprinted title exceptions appearing on the Title Commitments for (a) matters that would be disclosed by a survey, (b) easements or claims of easements not shown by the public records, (c) any unfiled mechanic’s or materialmen’s lien, and (d) rights or claims of parties in possession not shown by the public records.
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Examples of Standard Exceptions in a sentence

  • If we have any liability to you for any loss you incur because of an error in this Commitment, our liability will be limited to your actual loss caused by your relying on this Commitment when you acted in good faith to: comply with the Requirements shown below or eliminate with our written consent any Exceptions shown in Schedule B or the Standard Exceptions noted below.

  • Additional classifications may be used only when valid evidence supports their authorization or in conformity with the rules stated under "Standard Exceptions" and "Inclusions." Additional classes may not be added without Pennsylvania Compensation Rating Bureau authorization when their use is in violation of Manual Rules or an existing Bureau Rate Card.

  • If proposing use of Project Based Rent Assistance, or if Project Based Rent Assistance exists in the project, attach a copy of the Payment Standards or Payment Standard Exceptions for the community in which the project is proposed.

  • This Agreement has been duly executed and delivered by Purchaser and constitutes the valid and binding obligation of Purchaser enforceable against it in accordance with its terms, except as may be limited by the Standard Exceptions to Enforceability.

  • If proposing use of project based rent assistance, or if project based rent assistance exists in the development, attach a copy of the Payment Standards or Payment Standard Exceptions for the community in which the housing is proposed.

  • SELLER shall provide to BUYER at Closing an Owner’s Title Insurance Policy insuring that the title to the property is marketable, subject only to the Standard Exceptions of the title insurance policy, taxes for the year of closing, public utilities and subdivision restrictions that do not effect marketability of title, and encumbrances of record that are to be assumed by BUYER as part of the Purchase Price.

  • During moving lane operations/closures on-foot exposure within travel lanes are prohibited except activities described in Section 7.25 Standard Exceptions to Lane Closure Procedures.

  • Activity 2000-1: Family Economic Stability (FES) Program 24 Activity 2010-2: Payment Standard Exceptions 28 Activity 2010-3: Owner Incentive Fund 30 Activity 2010-4: Development of Local Forms 31 Activity 2011-2: Supporting Neighborhoods of Opportunity in Mass.

  • Note: The matters included in Standard Exceptions Number One (1) above set forth are items that cannot be checked.

  • As of the date of this Agreement, each of the Material Contracts to which (a) Alpart is a party is, in all material respects, a valid and binding obligation of Alpart enforceable against Alpart in accordance with its terms, subject to the Standard Exceptions, and (b) a Seller is a party is, in all material respects, a valid and binding obligation of such Seller enforceable against such Seller in accordance with its terms, subject to the Standard Exceptions.


More Definitions of Standard Exceptions

Standard Exceptions means: (i) liens of real estate taxes, assessments, water and sewer rates and charges, and any other governmental or quasi-governmental taxes, charges or assessments levied or assessed against the Property, which are not yet due and payable, (ii) any and all state, city, county or Federal present and future laws, rules, regulations, statutes, ordinances, orders, special permits, building codes, approvals or other legal requirements affecting the Property, including without limitation, those relating to zoning and land use, (iii) all matters set forth in the Title Commitment and waived by the Purchaser or deemed to be waived by the Purchaser as provided hereinabove, (iv) the standard printed exclusions contained in an ALTA form of title insurance policy, unless the Purchaser obtains, at its sole cost, expense and risk, endorsements to the title insurance policy which exclude any such standard printed exclusions, (v) the Leases, and (vi) any title exception created by any act or omission of the Purchaser or its representatives, agents, employees or invitees.
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Standard Exceptions means general exceptions for survey matters, unrecorded easements, mechanics’ liens, unrecorded liens for taxes and assessments and rights of parties in possession.
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Standard Exceptions shall have the meaning set forth in Section 3.4(c).
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Standard Exceptions is defined in Section 3.2 of this Agreement.
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Standard Exceptions will be deleted and the Seller will furnish the customary affidavit.
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Related to Standard Exceptions

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

  • Exceptions means the conditions set out in Standard Licence Condition 14A.3 of our Licences, which are: (i) if your previous supplier has prevented

  • 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).

  • 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.

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

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

  • Schedule of Exceptions shall have the meaning set forth in Section 5, and is attached hereto as Exhibit C.

  • Lead-based paint hazard means hazardous lead - based paint, dust-lead hazard or soil- lead hazard as identified in this chapter.

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

  • Exception Report The report of the Trustee referred to in Section 2.02.

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

  • Record of survey map means a map of a survey of land prepared in accordance with Section 10-9a-603, 17-23-17, 17-27a-603, or 57-8-13.

  • Schedule of Representations means the Schedule of Representations and Warranties attached hereto as Schedule B.

  • 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.

  • Property Information has the meaning specified in Section 4.03.

  • Non-Public Works and Improvements means all competitively solicited procurement of Supplies and/or Services by the City not solicited as Public Works.

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

  • Exception Documents shall have the meaning set forth in Section 4.2.

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

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

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

  • Toll Billing Exception Service (TBE means a service that allows End Users to restrict third number billing or collect calls to their lines.

  • Rent Roll shall have the meaning set forth in Section 3.18 hereof.

  • Exception shall have the meaning assigned thereto in the Custodial Agreement.

  • Standard Listing Conditions has the meaning ascribed thereto in subsection 4(a)(iv);

Most Referenced Clauses

Most Referenced Definitions