Title Review Completion Date definition

Title Review Completion Date means the date which is the later of (A) the expiration of the Title Review Period if Buyer does not provide written notice to Seller of Buyer’s Objections within the Title Review Period, or (B) the expiration (without Buyer terminating this Agreement) of the period in which Buyer may elect to terminate this Agreement if Seller does not provide a Reply Notice or if Seller does not agree to cure or remove Buyer’s Objections in a Reply Notice. If, after the end of the Title Review Period, a new materially adverse matter of title is disclosed on any update to the Title Documents, or a new materially adverse matter appears for the first time on an update of the Survey, Buyer shall have the right to terminate this Agreement and recover the Deposit by sending formal notice of such termination within two business days of Buyer’s receipt of such new matter of title or survey. The Cure of Buyer’s Objection(s) may be accomplished, at the election of Seller, by removal of the same from the Title Policy or by including and paying the cost of an endorsement to the Title Policy insuring against loss by reason of the Buyer’s Objection(s). Notwithstanding anything to the contrary in this Agreement, Seller shall have no obligation to cure any of Buyer’s Objections except that Seller shall be obligated to satisfy, prior to or as of Closing, any and all (a) mortgages, deeds to secure debt or other voluntary liens (other than the Loan Documents) which encumber the Property and are evidenced by instruments to which Seller, or its predecessors in interest, is a party, and (b) monetary liens placed against the Property which are directly caused by Seller, including without limitation, tax liens, mechanics’ or materialmen’s liens or judgments that affect title to the Property. Notwithstanding any other provision hereof, notices under this Section 3 must be given by facsimile or e-mail.
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Examples of Title Review Completion Date in a sentence

  • On or before the Title Review Completion Date (hereafter defined), Buyer shall deposit with a bank, financial advisor or broker selected by Buyer (which may include a qualified intermediary for like-kind exchange purposes) (the “Equity Escrow Holder”) an amount equal to the Purchase Price less the then outstanding balance of the Loan and less the Deposit (the “Escrowed Equity”).

Related to Title Review Completion Date

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Title Review Period shall have the meaning set forth in Section 4.3.

  • The Completion Date means the date of completion of the Works as certified by the Employer’s Representative.

  • Target Completion Date has the meaning given such term in Section 3.3(b).

  • Construction Completion Date means the Completion Date of the Construction as specified in the Statutory Declaration of Completion for the Project;

  • Final Completion Date means the date on which Final Completion occurs.

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;

  • Completion Date means the date of completion of the Services by the Service Provider as certified by the Procuring Entity

  • Project Completion means the date, as determined by the Division after consultation with the Recipient, that operation of the Project is initiated or is capable of being initiated, whichever comes first.

  • Substantial Completion Date means the date on which Substantial Completion occurs.

  • Application Review Start Date means the later date of either the date on which the District issues its written notice that the Applicant has submitted a completed Application or the date on which the Comptroller issues its written notice that the Applicant has submitted a completed Application and as further identified in Section 2.3.A of this Agreement.

  • Completion Deadline means the date by which the Arrangement is to be completed, which date shall be April 30, 2014 or such later date as may be agreed to in writing by the Parties;

  • Study Completion means the database for the Study has been locked and all Essential Documents have been provided to the Sponsor, including a copy of the letter from the Reviewing HREC acknowledging receipt of the final report and/or closure letter from the Principal Investigator.

  • Final Completion means the date determined and certified by A/E and Owner on which the Work is fully and satisfactorily complete in accordance with the Contract.

  • Project Completion Schedule means the progressive Project Milestones set forth in Schedule-J for completion of the Project Highway on or before the Scheduled Completion Date;

  • Improvement completion assurance means a surety bond, letter of credit,

  • Outside Completion Date shall have the meaning assigned to such term in Section 6.3(d).

  • Inspection Period means the period beginning on the Effective Date and expiring at 5:00 p.m. eastern time on the forty-fifth day after the Effective Date.

  • Study Period means the period commencing at 9:00 a.m. on the date hereof, and continuing through 5:00 p.m. on the Closing Date.

  • Scheduled Completion Date shall be the date set forth in Clause 10.3;

  • Phase 1 means the phase of the ATP comprised of: (1) improvements to the State Street Substation; (2) construction of the Proposed Line; (3) the rebuilding of NYSEG’s existing Lines 971 and 000 xxxxx xx Xxxxxxxx Xxxx xx the NYSEG ROW to allow for construction of the Proposed Line as intended; (4) improvements to the Elbridge Substation to accept the Proposed Line; and (5) National Grid’s conveyance to NYSEG of the NYSEG Acquired ROW and such other land interests as contemplated by the Purchase and Sale Agreement.

  • Construction Completion means physical construction of a cleanup action component is complete.

  • 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.

  • Review Package A package of documents consisting of a memorandum outlining the analysis and recommendation (in accordance with the Servicing Standard) of the Master Servicer or the Special Servicer, as the case may be, with respect to the matters that are the subject thereof, and copies of all relevant documentation.

  • Date of Completion with respect to a Project shall mean: (i) the date upon which such Project and all components thereof have been acquired or constructed and are capable of performing the functions for which they were intended, as evidenced by an Engineers’ Certificate filed with the Trustee and the Issuer; or (ii) the date on which the Issuer determines, upon the recommendation of or in consultation with the Consulting Engineer, that it cannot complete such Project in a sound and economical manner within a reasonable period of time as evidenced by an Engineers’ Certificate filed with the Trustee and the Issuer; provided that in each case such certificate of the Consulting Engineer shall set forth the amount of all Costs of such Project which have theretofore been incurred, but which on the Date of Completion is or will be unpaid or unreimbursed.

  • Practical Completion means the completion of the Project where the building is fit for occupancy and/or purpose.