Common use of New Title Exceptions Clause in Contracts

New Title Exceptions. From the Effective Date through and including the Closing Date, Seller shall not permit any new title encumbrances or exceptions to be recorded against the Property that are not removed from title prior to or simultaneously with Closing.

Appears in 2 contracts

Sources: Settlement of Tax Indemnity and Mutual Release Agreement, Settlement of Tax Indemnity and Mutual Release Agreement (Howard Hughes Corp)