Title Response Notice definition

Title Response Notice shall have the meaning assigned thereto in Section 8.5.
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Title Response Notice as defined in Section 4.2.1.
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Title Response Notice means a written notice from Developer to City pursuant to which Developer shall elect whether to eliminate any one or more Unpermitted Exceptions (excluding Monetary Encumbrances, which Developer shall be required to remove pursuant to this Agreement) to which City shall make timely objection in accordance with the provisions of Section 4.B., or arrange for normal and customary affirmative title insurance or special endorsements generally accepted by institutional investors in commercial real estate, without special premium to City and in form and substance reasonably acceptable to City in all material respects, insuring against enforcement of such Unpermitted Exceptions against, or collection of the same out of, the Property.
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Examples of Title Response Notice in a sentence

  • If Owner, in its Title Response Notice, elects to take action to remove, remedy or comply with the Title Defects, Owner shall be entitled to one or more adjournment(s) of the Closing for up to 8 <PAGE> thirty (30) days in the aggregate, to discharge the Title Defects.

  • Failure by Seller to remove those specified exceptions which Seller has expressly agreed to remove in the Title Response Notice within the specified period shall be deemed to be a failure of this condition, in which event the Agreement shall terminate, and the parties shall have no further obligations hereunder unless Xxxxx withdraws its objections in writing.

  • If Seller fails to deliver a Title Response Notice as to a particular Disapproved Title Matter within such one (1) Business Day period, then Seller shall be deemed to have made the election in clause (b) above as to such Disapproved Title Matter.

  • If Seller identifies any Cure Items in Seller’s Title Response Notice, then Seller shall proceed to satisfy the Cure Items at or prior to Closing.

  • If LGI De advises NetREIT in LGI De's Title Response Notice (or is deemed to have advised NetREIT) that LGI De is unable or unwilling to remove or cure some or all of the Title Objections, then NetREIT shall have until the date that is ten (10) Business Days after receipt of the Title Response Notice to either terminate this Agreement or to waive such Title Objections pursuant to an Approval Notice delivered to LGI De in accordance with Section 4.3 below.

  • Seller’s agreement to deliver a Title Policy to Buyer insuring title to Property in accordance with Buyer’s Title Notice, or if Seller has issued a Seller’s Title Response Notice, Buyer’s issuance of a Notice to Proceed.

  • If Seller advises Buyer in its Title Response Notice that it will not remove or agree to remove some or all of the Title Objections (or Seller is deemed to have so advised Buyer), then Buyer shall have until three (3) days after Buyer’s receipt of Title Response Notice to advise Seller, in writing, whether Buyer elects to waive such objections and proceed with the Closing of the USOC Condominium or to terminate this Agreement.

  • If Owner fails timely to deliver the Title Response Notice, then Owner shall be deemed to have elected to terminate this Agreement pursuant to clause (ii) above.

  • If LGI De fails to timely deliver to NetREIT the Title Response Notice, it shall be conclusively deemed that LGI De has informed NetREIT that LGI De is unable or unwilling to remove or cure any of the Title Objections.

  • LGI De shall have a period of five (5) Business Days after LGI De's receipt of the Title Objection Notice to elect by written notice to NetREIT (the "Title Response Notice") to either (i) attempt to remove or cure at or prior to the Closing some or all of the Title Objections, or (ii) to advise NetREIT that LGI De is unable or unwilling to remove or cure some or all of the Title Objections.


More Definitions of Title Response Notice

Title Response Notice. As defined in Section 5.1.
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Title Response Notice has the meaning set forth in Section 6.06.
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Related to Title Response Notice

  • Repurchase Response Notice means a notice delivered by the Indenture Trustee at the direction of the Administrator to a Noteholder or Note Owner indicating that a Repurchase Request is unresolved.

  • Response Deadline means 60 days after the Administrator mails Notice to Class Members and Aggrieved Employees, and shall be the last date on which Class Members may: (a) fax, email, or mail Requests for Exclusion from the Settlement, or (b) fax, email, or mail his or her Objection to the Settlement. Class Members to whom Notice Packets are resent after having been returned undeliverable to the Administrator shall have an additional 14 calendar days beyond the Response Deadline has expired.

  • Objection Deadline means the date identified in the Preliminary Approval Order and Class Notice by which a Settlement Class Member must serve written objections, if any, to the Settlement to be able to object to the Settlement. The Objection Deadline shall be no later than 30 days before the Final Approval Hearing.

  • CAFA Notice refers to the notice requirements imposed by 28 U.S.C. § 1715(b).

  • Rejection Notice has the meaning specified in Section 2.05(b)(v).

  • Claims Notice has the meaning set forth in Section 9.3(a).

  • Indemnity Notice shall have the meaning specified in Section 9.3(b).

  • Closing Notice Has the meaning specified in the NPA. Company: Has the meaning specified in the first paragraph of this Trust Supplement.

  • Penalty Notice means a written no- tification from the Director informing a respondent that the Director has made a finding of violation and, absent a request for a hearing, will impose a civil monetary penalty.

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