Examples of Title and Survey Objections in a sentence
In the event Seller is unable or unwilling to attempt to eliminate or modify all of Purchaser's Title and Survey Objections to the reasonable satisfaction of Purchaser, Seller shall provide written notice to Purchaser of those objections Seller will not attempt or be able to cure ("SELLER'S NOTICE") within ten (10) business days after Seller's receipt of Purchaser's Title and Survey Objections.
Seller, at its sole option, may attempt to eliminate or modify all or a portion of Purchaser's Title and Survey Objections to Purchaser's reasonable satisfaction prior to the Closing Date or within such additional period of time (up to thirty (30) days in the aggregate thereafter), for which Seller shall have the right to adjourn the Closing.
If Purchaser sends such notice to Seller, Purchaser and Seller shall have the same rights and obligations with respect to such notice as apply to Purchaser's Title and Survey Objections under Section 5.1.2 above.
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 .
If Purchaser sends such notice to Seller, Purchaser and Seller shall have the same rights and obligations with respect to such notice as apply to Purchaser's Title and Survey Objections under Subsection 5.1.2 above.
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).
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.
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”).
Upon the expiration of the Objection Period, except for Purchaser's Title and Survey Objections, Purchaser shall be deemed to have accepted the form and substance of the title commitment and the Survey (the accepted Title Commitment and the accepted Survey shall hereinafter be referred to as the "ACCEPTED TITLE").