Examples of Updated Title Commitment in a sentence
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.
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").
Buyer’s objections to items in the Updated Title Commitment are limited to those items which did not appear in the Title Commitment.
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”.
Recalling decision B.18/02 on facilitating an increase in proposals from DAEs, the Board member also noted that information on proposals by DAEs had not been formally reported to the Board at its current meeting as required by paragraph (b) of decision B.18/02.
The costs and expenses of the Signing Title Commitment, the Signing Survey, any Updated Title Commitment, the Title Policy, and any Updated Survey shall be borne by Buyer, whether or not the transactions contemplated under this Agreement are consummated.
Metro asserted that Flynn Creek failed to satisfy Section 8(b) because the 2012 Updated Title Commitment was “materially different” than the 2007 Title Commitment (i.e., the inclusion of “Special Exception 7” regarding an exclusion of title insurance coverage for public roads to the real estate) and that Flynn Creek would not have been able to ensure that the title policy was in conformity with the 2007 Title Commitment.
Seller will be responsible for the payment for all Title Commitments (and any amendments, updates, and supplements thereto) and all recording charges and expenses incurred in connection with recording any Project Real Property Agreement (or amendments or memoranda thereof), any Curative Documents, and any fees and related charges incurred for title curative measures, the Title Commitment, and Updated Title Commitment.
Seller shall pay all abstracting expenses and attorneys fees associated with the Preliminary Title Work and the Updated Title Commitment.
During the period which begins on the Final Wetland Bank Conditions Deadline and ends on the ninetieth (90th) day after the Final Wetland Bank Conditions Deadline (the "Second Due Diligence Period"), Purchaser may conduct Due Diligence Activities, including review of the Updated Title Commitment, the Updated Survey, maintenance, monitoring and management reports, correspondence indicating compliance or non-compliance with ACOE or SMC requirements and the Updated Environmental Assessments.