Title Encumbrance definition

Title Encumbrance means any covenant, easement, condition, restriction or agreement affecting title to the Retirement Community but not including any mortgage.
View Source
Title Encumbrance means any lien, pledge, hypothecation, charge, mortgage, equitable interest, security interest, encumbrance, title retention or title reversion agreement, preemptive ownership right, or community property interest, whether accrued, absolute, contingent or otherwise.
View Source
Title Encumbrance means any covenant, easement, condition, restriction or agreement affecting title to the Retirement Community and recorded among the land records of the jurisdiction in which the Retirement Community is situated, but not including any Mortgage.
View Source

Examples of Title Encumbrance in a sentence

  • All financial obligations imposed on Owner or on Operator or on the Retirement Community pursuant to any Future Title Encumbrances shall be paid by Owner from its own funds, and not from Gross Revenues or from the FF&E Reserve, unless Operator has given its prior written consent to such Future Title Encumbrance, or unless such consent of Operator is not required under Section 2.05B.

  • When the title report for a property shows liens, encumbrances or defects, the Consultant will work with the Bureau to identify the need for a Title Encumbrance Exhibit.

  • Any Title Encumbrance affecting the Property not objected to in the Title Objection Notice from Buyer to Seller shall be deemed to be approved or waived by Buyer and shall be a Permitted Encumbrance.

  • On or before the Due Diligence Expiration Date, Buyer may give to Seller written notice (the “Title Objection Notice”) of any Title Encumbrance which is not acceptable to Buyer as a Permitted Encumbrance on the title to the Property (the “Title Objection”).

  • Any Title Encumbrance which is approved or is deemed to be approved or waived by Buyer shall be a permitted exception or encumbrance on the title to the Property and shall be a “Permitted Encumbrance”.

  • If the Title Commitments contain any encumbrances or exceptions which are not acceptable to Buyer, other than Permitted Exceptions (as defined below) (an “Unacceptable Title Encumbrance”), before the Closing Buyer may attempt to remedy such Unacceptable Title Encumbrance and request that the Title Company agree to remove any such Unacceptable Title Encumbrance from the Title Policies (defined below).

  • On or before the date that is five (5) days prior to the Due Diligence Expiration Date, Buyer may give to Seller written notice (“Title Objection Notice”) of any Title Encumbrance that is not acceptable to Buyer as a Permitted Encumbrance on the title to the Real Property (“Title Objections”).

  • Lessee will not, directly or indirectly, create or permit to be created or to remain, and will promptly discharge, at its expense, any mortgage, lien, encumbrance or charge on, pledge of, or conditional sale or other title retention agreement with respect to, the Leased Property or any part thereof or Lessee's interest therein or the Minimum Rent, Additional Rent or other sums payable by Lessee under this Lease, other than any encumbrances permitted as a Future Title Encumbrance.

  • On or before the Due Diligence Expiration Date, Buyer may give to Seller written notice (the “Title Objection Notice”) of any Title Encumbrance (other than a Permitted Encumbrance) which is not acceptable to Buyer as a Permitted Encumbrance on the title to the Property (the “Title Objection”).

  • Any Title Encumbrance affecting the Real Property not objected to in the Title Objection Notice from Buyer to Seller shall be deemed to be approved or waived by Buyer and shall be a Permitted Encumbrance.


More Definitions of Title Encumbrance

Title Encumbrance means any lease, license, tenancy, right of occupancy, covenant, condition, restriction, easement, right of way, agreement, royalty, mineral right, right of first refusal, purchase option, encroachment agreement, roadway (public or private), air or water right, drainage rights, riparian right, zoning or other restriction as to the use of real property, and any similar title encumbrance of any kind.
View Source
Title Encumbrance means any Encumbrance registered against title to the Site, the Outfall, the Fan Area, the ▇▇▇▇ Basin Road, the 4100 Adit or ▇▇▇▇ Basin as of the date of this Agreement and any future Encumbrance which the Province requires to be recorded in the Land Title Office against title to any of the Site, the Outfall, the Fan Area, the ▇▇▇▇ Basin Road, the 4100 Adit or ▇▇▇▇ Basin, whether recorded in the Land Title Office or not.
View Source
Title Encumbrance means any covenant, easement, condition, restriction, agreement or other matter affecting title to the Leased Property but not including any Facility Mortgage or any other mortgage.
View Source

Related to Title Encumbrance

  • Blanket encumbrance means a trust deed or mortgage or any other lien or encumbrance,

  • Permitted Encumbrances means:

  • Permitted Encumbrance means, with respect to any Mortgaged Property, such exceptions to title as are set forth in the Mortgage Policy delivered with respect thereto, all of which exceptions must be acceptable to the Administrative Agent in its reasonable discretion.

  • Permitted Real Property Encumbrances means (i) those liens, encumbrances and other matters affecting title to any Mortgaged Property listed in the applicable title policy in respect thereof (or any update thereto) and found, on the date of delivery of such title policy to the Administrative Agent in accordance with the terms hereof, reasonably acceptable by the Administrative Agent, (ii) as to any particular real property at any time, such easements, encroachments, covenants, restrictions, rights of way, minor defects, irregularities or encumbrances on title which do not, in the reasonable opinion of the Administrative Agent, materially impair such real property for the purpose for which it is held by the mortgagor or owner, as the case may be, thereof, or the Lien held by the Administrative Agent, (iii) municipal and zoning laws, regulations, codes and ordinances, which are not violated in any material respect by the existing improvements and the present use made by the mortgagor or owner, as the case may be, of such real property, (iv) general real estate taxes and assessments not yet delinquent, and (v) such other items as the Administrative Agent may consent to.

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