Title Curative Actions definition

Title Curative Actions means obtaining all of the following documentation, in each case in form and substance reasonably satisfactory to Purchaser: (a) ratifications and joinders by all fee owners of Project Real Property at Closing, other than ProjectCo, that are not Real Property Agreement Counterparties on the applicable Real Property Agreement(s); (b) releases of record of any monetary Liens (other than Permitted Liens) affecting Project Real Property; (c) subordination and/or non-disturbance agreements to resolve any Liens (other than utility and access easements and substantially similar easements and non-possessory use rights that do not secure any payment or performance obligations, will not prohibit or interfere with any Project Activities and do not otherwise require curative action under this Agreement) that are superior to ProjectCo’s interests in the Project Required Property where ProjectCo’s interest is not a fee; (d) crossing and/or encroachment agreements as necessary to permit the crossing of or encroachment upon existing easements and similar Liens by Project Facilities; (e) documentation necessary to ensure the Project Facilities and ProjectCo’s surface rights with respect to the Project Real Property will not be disturbed or impaired by the owner(s) of any oil, gas and/or mineral rights, or title insurance in form and substance reasonably acceptable to Purchaser that covers such risk; (f) documentation necessary to resolve title vesting issues; and (g) any documentation required from Seller by the Title Insurer for issuance of the Title Policy.
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Examples of Title Curative Actions in a sentence

  • Schedule I: Intentionally deleted Schedule J: Form of Acquisition Warrant Certificate Schedule K: Form of NPI Royalty Schedule L: Registration Rights Agreement Schedule M: PR Pre-Closing Reorganization Schedule N: Key Regulatory Approvals Schedule O: Title Curative Actions Any information or disclosures set forth on a Schedule to this Agreement shall reference with particularity the section or subsection number of the Agreement to which such information or disclosure is set forth on the Schedule.

Related to Title Curative Actions

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

  • Title Defect Property has the meaning set forth in Section 6.2(a).

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

  • Corrective action means action taken to eliminate the cause of a potential or real non- conformity or other undesirable situation;

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

  • Title Company means First American Title Insurance Company.

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

  • Corrective Action Plan has the meaning set forth in Section II.A.2.

  • 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.

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

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

  • Environmental Complaint shall have the meaning set forth in Section 4.19(d) hereof.

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

  • Administrative Action has the meaning set forth in paragraph 4(a) of Annex I.

  • Affirmative action means action appropriate to overcome the effects of past or present practices, policies, or other barriers to equal employment opportunity.

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

  • Seller’s Counsel has the meaning set forth in Section 10.13(a).

  • Environmental Conditions means the presence in the environment, including the soil, groundwater, surface water or ambient air, of any Hazardous Material at a level which exceeds any applicable standard or threshold under any Environmental Law or otherwise requires investigation or remediation (including, without limitation, investigation, study, health or risk assessment, monitoring, removal, treatment or transport) under any applicable Environmental Laws.

  • Environmental Reports means each and every “Phase I Environmental Site Assessment” (and, if applicable, “Phase II Environment Site Assessment”) as referred to in the ASTM Standards on Environmental Site Assessments for Commercial Real Estate, E 1527-2000 and an asbestos survey, with respect to each Mortgaged Property, prepared by one or more Environmental Auditors and delivered to Lender and any amendments or supplements thereto delivered to Lender.

  • Environmental Defect Notice shall have the meaning set forth in Section 12.1(a).

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

  • Environmental Report The environmental audit report or reports with respect to each Mortgaged Property delivered to the related Mortgage Loan Seller in connection with the origination or acquisition of the related Mortgage Loan.

  • Environmental Releases means releases as defined in CERCLA or under any applicable state or local environmental law or regulation.

  • Environmental justice means the fair treatment of people of all races, cultures, and incomes with respect to the development, adoption, implementation, and enforcement of environmental laws, regulations, and policies.