Title Insurance Commitments definition
Examples of Title Insurance Commitments in a sentence
The owner’s policies of title insurance to be issued to Buyer pursuant to the terms of the Title Insurance Commitments and this Agreement.
To the Knowledge of the Company, all such Company Title Insurance Policies and Company Title Insurance Commitments are, as of the date of this Agreement, in full force and effect, and no material claim has been made against any Company Title Insurance Policy that is outstanding as of the date of this Agreement.
Prior to the execution of this Agreement, Sellers shall have obtained the Title Insurance Commitments and delivered the same to Buyer.
Lender shall receive the title insurance policy for the insurance required hereby and in accordance with the Title Insurance Commitments within thirty (30) days after the execution of this Agreement.
Prior to the execution of this Agreement, Sellers obtained the Title Insurance Commitments and delivered the same to Buyer.
Without limiting the -50- 56 foregoing, the Title Insurance Commitments and Surveys shall be prepared at the sole cost and expense of Buyer.
Buyer hereby acknowledges that Buyer has approved the Title Commitments and has accepted the Title Insurance Commitments as so delivered to Buyer as evidence of the status of Sellers’ title to the Hotels and Land.
Except as disclosed in the Title Insurance Commitments, none of the owned Real Properties or the use thereof violates any restriction, condition or agreement contained in any easement, restrictive covenant or similar instrument or agreement affecting such owned Real Property, or any part thereof.
Except as disclosed in Section 5.10 of the Citi-Bancshares Disclosure Memorandum, the normal exceptions to the real property title insurance commitments to be delivered pursuant to Section 7.1(b) hereof (the "Title Insurance Commitments") and/or as disclosed or reserved against in the Citi-Bancshares Financial Statements delivered prior to the date of this Agreement, Citi-Bancshares has good and marketable title, free and clear of all Liens, to all of its Assets.
Seller shall order new Title Insurance Commitments within three (3) business days after the Effective Date.