Survey Objections definition

Survey Objections has the meaning set forth in Section 6.2.
Survey Objections means any defects in Survey which (i) are not shown on the Pro Forma Title Policy as an insured over exception, and (ii) were not revealed by the previous survey provided to Strategic by the Existing Partners, that Strategic in good faith determines would have a material adverse effect on the Business, the Property, or its ownership interest therein and as to which Strategic timely objects in accordance with the terms of Paragraph 4.3.
Survey Objections shall have the meaning ascribed in Section 4.4.

Examples of Survey Objections in a sentence

  • Title to the Property shall be conveyed to Purchaser at Closing in fee simple by a Special Warranty Deed (as hereinafter more particularly set forth), free and clear of any and all liens, mortgages, deeds of trust, security interests and other encumbrances, except for those items identified in the owner's title insurance commitment and not contained in the Purchaser's Title and Survey Objections as defined below .

  • In the event that the Existing Survey or the Updated Survey sets forth any survey matters which are (a) objectionable to Purchaser, and (b) materially interfere with the use of the Real Property and the Improvements for their intended use, Purchaser agrees to provide Seller with notice of such objections (the "Survey Objections") prior to the expiration of the Evaluation Period.

  • If Buyer fails to notify Seller of its election to terminate this Agreement within three (3) Business Days following receipt of Seller’s Response Notice, then Buyer shall be deemed to have waived such Title and Survey Objections and the same, if any, shall be deemed acceptable to Buyer hereunder.

  • Prior to giving notice of an election not to cure such Title and Survey Objections, Seller will consult with Buyer in an attempt to resolve such Title and Survey Objections and if the same is reasonably susceptible of being resolved, will cooperate with Buyer at no cost or expense to Seller except for time in resolving such Title and Survey Objections.

  • Prior to giving notice of an election not to cure Title and Survey Objections, Seller will consult with Buyer in an attempt to resolve such Title and Survey Objections and if the same is reasonably susceptible of being resolved, will cooperate with Buyer at no cost or expense to Seller except for time in resolving such Title and Survey Objections.

  • If Buyer does not deliver any Title and Survey Objections on or prior to the expiration of the Due Diligence Period, Buyer shall be deemed to have waived its right to object to any title exceptions appearing on the Preliminary Report, Survey and/or UCC Searches (and the same shall not constitute Title and Survey Objections and shall be deemed acceptable to Buyer).

  • Within five (5) Business Days of receipt of any such notice of Title and Survey Objections as set forth in Section 2.2, Seller shall notify Buyer in writing of Seller’s election to cure, at Seller’s sole expense, such Title and Survey Objections or Seller’s election, in its sole and absolute discretion, not to cure such Title and Survey Objections (“Seller’s Response Notice”).

  • On or before Thursday, May 5, 2011, Seller shall notify Buyer in writing of Seller’s election to cure, at Seller’s sole expense, any Title and Survey Objections received by Seller on or before May 2, 2011 or Seller’s election, in its sole and absolute discretion, not to cure such Title and Survey Objections (“Seller’s Response Notice”).

  • Purchaser will be deemed to have accepted the exceptions to title set forth on the Title Commitment (as updated) and the matters shown on the Existing Survey and Updated Survey as permitted exceptions (together with any Title Objections and Survey Objections ultimately waived by Purchaser or cured by Seller, the "PERMITTED EXCEPTIONS") unless such matters are objected to by Purchaser in writing by the Original Objection Date or the New Objection Date, as applicable.

  • To the extent Buyer provides any Title and Survey Objections on or after May 4, 2011, the Seller shall use its reasonable efforts to provide Seller’s Response Notice with respect to said Title and Survey Objections on or before noon Eastern time on Friday, May 6, 2011.


More Definitions of Survey Objections

Survey Objections shall have the meaning set forth in Section 7.11(c).
Survey Objections means Purchaser's objections to the Survey which affect the merchantability of Seller's title or the use of the Real Estate as presently utilized.
Survey Objections means any easement, encroachment, restriction or other title condition or exception with respect to an Individual Property, which (a) renders such Individual Property unmarketable, (b) will prohibit or materially impair Purchaser's intended use of such Individual Property as a skilled nursing facility or an assisted living facility, (c) currently causes a Material violation or is currently Materially violated, (d) imposes or will impose a Material charge or assessment on such Individual Property and/or the owner thereof (excluding however any customary governmental assessments and property taxes), (e) will likely require the Material alteration or Material removal of any Improvements, (f) Materially decreases the value of such Individual Property, (g) prevents legal and actual ingress and egress to and from such Individual Property via legally and actually open streets and/or valid and recorded perpetual easements which are sufficient to operate the Individual Property as a skilled nursing center or an assisted living facility, as applicable, (h) renders title to such Individual Property uninsurable at promulgated rates in the State of Florida by the Title Company, and/or (i) the Title Company (1) refuses to insure the contiguity of all parcels of land, if there is more than one parcel comprising such Individual Property, (2) refuses to insure the easements or other rights benefiting the Individual Property, or (3) will only insure such contiguity or such easements and/or other rights upon the payment of an additional material premium.
Survey Objections is defined in Section 9.5(a)(iv).
Survey Objections shall have the meaning set forth in Section 5.2. (Y) "Tenants" shall mean those tenants listed on the Rent Roll.

Related to Survey 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.

  • Objections means any objection, application, motion, complaint or any other legal proceeding seeking, in whole or in part, to disallow, determine, liquidate, classify, reclassify, or establish the priority, expunge, subordinate or estimate any Claim (including the resolution of any request for payment of any Administrative Claim).

  • Title Review Period shall have the meaning set forth in Section 4.3.

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

  • Plan Objection Deadline means the date the Bankruptcy Court establishes as the deadline to File an objection to Confirmation of the Plan.

  • Objection Notice has the meaning set forth in Section 2.3(a) of this Agreement.

  • Claim Objection Deadline means the first Business Day that is 180 days after the Effective Date, as may be extended by order of the Bankruptcy Court.

  • Claims Objection Deadline means the later of: (a) the date that is 180 days after the Effective Date; and (b) such other date as may be fixed by the Bankruptcy Court, after notice and hearing, upon a motion Filed before the expiration of the deadline to object to Claims or Interests.

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

  • Objections Statement has the meaning set forth in Section 1.02(d).

  • Survey means a survey of the Property prepared by a surveyor licensed in the State and satisfactory to Lender and the company or companies issuing the Title Insurance Policy, and containing a certification of such surveyor satisfactory to Lender.

  • Survey Area means the area of land or waters the subject of a Survey, or proposed to be the subject of a Survey.

  • Objection Deadline means the date identified in the Preliminary Approval Order and Class Notice by which a Settlement Class Member must serve written objections, if any, to the Settlement to be able to object to the Settlement. The Objection Deadline shall be no later than 30 days before the Final Approval Hearing.

  • Statement of Objections has the meaning set forth in Section 2.04(c)(ii).

  • Objection Date means the date by which Settlement Class Members must mail their objection to the settlement for that objection to be effective. The postmark date shall constitute evidence of the date of mailing for these purposes.

  • Notice of Objection has the meaning set forth in Section 2.4(c).

  • Claims Objection Bar Date means the deadline for objecting to a Claim, which shall be on the date that is the later of (a) 180 days after the Effective Date and (b) such other period of limitation as may be specifically fixed by the Debtors or the Reorganized Debtors, as applicable, or by an order of the Bankruptcy Court for objecting to Claims.

  • 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.

  • Material Objection Notice has the meaning set forth in Section 4.2 of this Agreement.

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

  • Defect Notice shall have the meaning specified in Section 3.2 of this Agreement.

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

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

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

  • Review Period has the meaning set forth in Section 2.04(c)(i).