Common use of Discharge of Title Objections Clause in Contracts

Discharge of Title Objections. If on the Closing Date there are any Title Objections which Prudential has elected to pay and discharge, Prudential may use any portion of the Acquisition Cash to satisfy the same, provided Prudential shall deliver to Meridian at the Closing instruments in recordable form and sufficient to satisfy such Title Objections of record, together with the cost of recording or filing such instruments, or provided that Prudential shall cause Title Company to insure over the same, without any additional cost to Meridian, whether such insurance is made available in consideration of payment, bonding, indemnity of Prudential or otherwise.