Updated Title Commitment definition

Updated Title Commitment. As defined in Section 1.6(g).
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Updated Title Commitment has the meaning set forth in Section 5.4.2. “Work” has the meaning given to such term in the EPC Agreement.
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Updated Title Commitment has the meaning ascribed to such term in Section 6.2(a).
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Examples of Updated Title Commitment in a sentence

  • Obligations with respect to special assessments which are not yet due and payable as shown on the Updated Title Commitment.

  • Any matters disclosed in the Updated Title Commitment which were not exceptions in the Title Commitment and were not of record on the Effective Date shall automatically be deemed Title Defects which Contributor shall be obligated to cure unless such matters were placed of record with GIPLP’s joinder and consent.

  • An update of the Title Commitment certified to within ten (10) days prior to the Closing Date (the "Updated Title Commitment"); and b.

  • The Permitted Exceptions in the Title Commitment and Additional Permitted Exceptions in the Updated Title Commitment shall collectively be referred to as “Final Permitted Exceptions”.

  • The Updated Title Commitment shall show Seller as the present fee owner of the Property and show Buyer as the fee owner to be insured and insuring Buyer in the amount of the Purchase Price.

  • Buyer’s objections to items in the Updated Title Commitment are limited to those items which did not appear in the Title Commitment.

  • Buyer shall then have until 5:00pm MT on the date that is 3 business days from receipt of the Updated Title Commitment to review said Updated Title Commitment (“Second Title Objection Deadline").

  • If any such Updated Title Commitment or any Updated Survey should reveal any Title Defects that were not reflected in the Title Commitment or Survey reviewed by the Partnership on or prior to the date of this Agreement to which the Partnership objects, the Partnership shall notify Contributor of same within three (3) Business Days after the Partnership obtains the Title Commitment or such update to the Title Commitment, but in any event, not less than two (2) Business Days prior to Closing.

  • To the extent the Updated Title Commitment includes matters not shown on the Title Commitment (“New Title Matters”), Purchaser shall be allowed to object, in writing, to New Title Matters within ten (10) days after receipt of the Updated Title Commitment.

  • If Purchaser does not object to any Material New Exceptions first raised in an Updated Title Commitment by giving timely written notice as herein provided, such Material New Exception (other than Monetary Liens) shall be deemed a Permitted Exception.


More Definitions of Updated Title Commitment

Updated Title Commitment has the meaning set forth in Section 5.1.
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Updated Title Commitment shall have the meaning assigned thereto in Section 8.2(b).
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Updated Title Commitment has the meaning given to it in Section 5.23(b).
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Related to Updated Title Commitment

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

  • Title Commitments has the meaning set forth in Section 3.5.

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

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

  • Existing Title Policy means, the existing title insurance policy for the Property.

  • Owner’s Title Policy means those certain ALTA extended coverage owner’s policies of title insurance issued in connection with the closing of the Mortgage Loan insuring the Mortgage Borrower as the owner of the Property.

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

  • Survey shall have the meaning set forth in Section 4.1.

  • Title Insurance An American Land Title Association (ALTA) mortgage loan title policy form 1970, or other form of Title Insurance Policy acceptable to FNMA or FHLMC, including all riders and endorsements thereto, insuring that the Security Instrument constitutes a valid first lien on the related Mortgaged Property subject only to permitted encumbrances.

  • Existing Survey means the existing ALTA survey of the Property.

  • Preliminary Title Report A report issued by a title insurance company in anticipation of issuing a Title Insurance policy which evidences existing liens and gives a preliminary opinion as to the absence of any encumbrance on title to a Mortgaged Property, except liens to be removed on or before purchase or refinance, as the case may be, by the Borrower and Permitted Encumbrances.

  • Updated Appraisal means an Appraisal of the Mortgaged Property or related REO Property, as the case may be, conducted subsequent to any Appraisal performed on or prior to the date of this Agreement by an Appraiser, selected by the applicable Servicer, in accordance with MAI standards, the costs of which shall be paid as a Property Advance by the Lead Securitization Note Holder or applicable Servicer.

  • Title Insurer means Chicago Title Insurance Company.

  • Title Company means First American Title Insurance Company.

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

  • Title Document means, with respect to any Financed Vehicle, the certificate of title for, or other evidence of ownership of, such Financed Vehicle issued by the Registrar of Titles in the jurisdiction in which such Financed Vehicle is registered.

  • Title Insurance Policies means, with respect to each Individual Property, an ALTA mortgagee title insurance policy in a form acceptable to Lender (or, if an Individual Property is in a State which does not permit the issuance of such ALTA policy, such form as shall be permitted in such State and acceptable to Lender) issued with respect to such Individual Property and insuring the lien of the Mortgage encumbering such Individual Property.

  • ALTA means American Land Title Association, or any successor thereto.

  • Title Insurance Policy A title insurance policy maintained with respect to a Mortgage Loan.

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

  • Commitment Schedule means the Schedule attached hereto identified as such.

  • Permitted Exception means (a) liens for Taxes and other governmental charges and assessments which are not yet due and payable, (b) liens of landlords and liens of carriers, warehousemen, mechanics and materialmen and other like liens arising in the ordinary course of business for sums not yet due and payable, (c) other liens or imperfections on property which are not material in amount or do not materially detract from the value or the existing use of the property affected by such lien or imperfection, (d) such statements of fact and exceptions shown on any title insurance policies delivered to Global.

  • Closing Date Mortgaged Property as defined in Section 3.1(h).

  • Record of survey map means a map of a survey of land prepared in accordance with Section 10-9a-603, 17-23-17, 17-27a-603, or 57-8-13.

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

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

Most Referenced Clauses

Most Referenced Definitions