Common use of Issuance of Title Policies Clause in Contracts

Issuance of Title Policies. Buyer shall have the right to cause the Title Company to issue to Buyer as soon as practicable after Closing the Title Policies pursuant to the Title Commitments in the applicable amount of the Purchase Price as reflected on the Purchase Price Allocation attached hereto as Exhibit P insuring good of record and in fact and marketable fee simple title to each of the Properties.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (First Potomac Realty Trust), Purchase and Sale Agreement (First Potomac Realty Trust)