Title and Survey Side Letter definition

Title and Survey Side Letter has the meaning set forth in Section 5.3.1.
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Title and Survey Side Letter shall have the meaning set forth in Section 2.9.3(a).
Sample 1
Title and Survey Side Letter has the meaning set forth in Section 4(c)(i) hereof.
Sample 1

Examples of Title and Survey Side Letter in a sentence

  • Seller shall have no obligation to cure any Title Exceptions or Survey Defects other than the Unpermitted Exceptions as set forth in the Title and Survey Side Letter or any New Title and Survey Election Notice.

  • Except as provided in Section 5.3.3 below, all Title Exceptions and Survey Defects other than those expressly set forth in the Title and Survey Side Letter or in Section 5.3.1 shall constitute “permitted exceptions” to title to the Real Property (the “Permitted Exceptions”).

  • At Closing, Seller shall deliver good and marketable title to the Real Property, insurable as such, as of the Closing Date by a 2006 American Land Title Association (ALTA) Extended Owner’s Title Insurance Policy (6-17-06), at ordinary rates by the Title Company by title insurance policies (which shall be in the form specified Title and Survey Side Letter, subject only to the Permitted Exceptions (each, a “Title Policy” and, collectively, the “Title Policies”).

  • All Title Exceptions and Survey Defects that are not Unpermitted Exceptions and that are otherwise expressly set forth in the Title and Survey Side Letter and Title Commitments attached thereto described in Section 5.3.1 hereof shall constitute “permitted exceptions” to title to the Real Property (the “Permitted Exceptions”).

  • Seller shall have no obligation to cure any Title Exceptions or Survey Defects other than the Monetary Defects and Unpermitted Exceptions as set forth in the Title and Survey Side Letter.

  • Except as provided in Section 5.3.3 below, all Title Exceptions and Survey Defects other than those expressly set forth inthe Title and Survey Side Letter or in Section 5.3.1 shall constitute “permitted exceptions” to title to the Real Property (the “ Permitted Exceptions ”).

  • The Seller Parties shall have no obligation to cure any Title Exceptions or Survey Defects other than Automatic Unpermitted Exceptions and other than the Unpermitted Exceptions as set forth in the Title and Survey Side Letter or any New Title and Survey Election Notice.

  • All Title Exceptions and Survey Defects other than those expressly set forth in the Title and Survey Side Letter or in Section 4(c)(i)shall constitute “permitted exceptions” to title to the Real Property (the “Permitted Exceptions”).

  • If the Parties agree on which Title Exceptions and Survey Defects shall constitute the Unpermitted Exceptions, the Parties shall enter into a side letter agreement with the Title Company setting forth which Title Exceptions and Survey Defects shall constitute theUnpermitted Exceptions (the “ Title and Survey Side Letter ”).

Related to Title and Survey Side Letter

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

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

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

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

  • 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.

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

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

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

  • Title Page means, for a printed book, the title page itself, plus such following pages as are needed to hold, legibly, the material this License requires to appear in the title page. For works in formats which do not have any title page as such, “Title Page” means the text near the most prominent appearance of the work’s title, preceding the beginning of the body of the text.

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

  • Due Diligence Examination shall have the meaning set forth in Section 3.2.

  • Land surveyor means a person who by reason of knowledge of

  • Permitted Exception means that, with respect to any representation, warranty or covenant with respect to the interest of the Buyer and its assignees in the ARSC Purchased Assets or any Servicer Default, that (i) prior to recordation (A) pursuant to Section 8.3 of this Agreement and/or Section 2.01(d)(i) of the Transfer and Servicing Agreement or (B) upon the sale of a Home to an Ultimate Buyer, record title to such Home may remain in the name of the related Transferred Employee, and no recordation in real estate records of any mortgage or any conveyance pursuant to the related Home Purchase Contract or Home Sale Contract in favor of any Transaction Party or any of the Buyer’s assignees and assigns pursuant to the Receivables Purchase Agreement will be made except as otherwise permitted under Section 2.01(d)(i) of the Transfer and Servicing Agreement and (ii) no delivery of any Home Purchase Contracts, Home Deeds and Equity Loan Notes to any custodian will be required.

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

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

  • Surveys has the meaning set forth in Section 4(o) above.

  • 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.

  • Owner’s Title Policy means those certain ALTA extended coverage owner’s policies of title insurance issued in connection with the closing of the Mortgage Loan insuring the Mortgage Borrower as the owner of the Property.

  • 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.

  • Phase I Environmental Report means a report by an Independent Person who regularly conducts environmental site assessments in accordance with then current standards imposed by institutional commercial mortgage lenders and who has a reasonable amount of experience conducting such assessments.

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

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

  • Phase I assessment as described in, and meeting the criteria of, (i) Chapter 5 of the FNMA Multifamily Guide or any successor provisions covering the same subject matter in the case of a Specially Serviced Mortgage Loan as to which the related Mortgaged Property is multifamily property or (ii) the American Society for Testing and Materials in the case of Specially Serviced Mortgage Loan as to which the related Mortgaged Property is not multifamily property.