Real Property Title Insurance Sample Clauses

Real Property Title Insurance. ConAgra shall deliver to Acquisition LP, with respect to the parcels of real property set forth on Schedule 7.23.1(a) and Schedule 7.23.1(b), (a) original ALTA form owner policies of title insurance insuring the title of the Acquired Companies in the properties designated on Schedule 7.23.1 (a) to be good and marketable, including access, contiguity and comprehensive endorsements, (b) a certificate of title for each property listed in Schedule 7.23.1(b) for which a certificate of title has been issued showing that an Acquired Company is the registered proprietor under the applicable state registration system, (c) ALTA/ACSM Land Title Surveys, including items 2-4, 6, 7(a) and (c) and 8-11 of Table A of the Standards (or land title surveys prepared in accordance with equivalent standards with respect to real property listed on Schedule 7.23.1(b)), updated not earlier than ninety (90) days prior to the Closing, and (d) such other related title documents and certificates required by the Senior Bank Commitment Letter and the Bridge Commitment Letter, the cost and expense of which in each case shall be paid by ConAgra and shall be reimbursed by Holdco at the Closing subject to Section 15.3.
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Real Property Title Insurance. The Purchaser shall have obtained at its option and expense a title insurance policy insuring the Purchaser that the Corporation has good and marketable title in fee simple absolute to all the Real Properties free and clear of all title defects or Liens of any nature whatsoever, except as described in such policies and which are reasonably acceptable to the Purchaser, and except for Permitted Encumbrances.
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Real Property Title Insurance. The Buyer shall have obtained at its expense a title insurance policy insuring the Buyer that the Buyer has good, valid and marketable title in fee simple absolute to the Real Property, free and clear of all title defects or objections, liens, claims, charges, security interests or other encumbrances of any nature whatsoever, except as described in such policies and which are reasonably acceptable to the Buyer and except for Permitted Liens, and containing an endorsement insuring that any knowledge of title defects on the part of the Equity Holders or the Company on or prior to the Closing will not be attributed to the Buyer.
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Real Property Title Insurance. Purchaser shall have been able to obtain a title insurance policy or policies in a form reasonably satisfactory to Purchaser at standard rates ensuring Purchaser that at the Closing it will acquire good, marketable and insurable title to the Real Property, free and clear of all liens, pledges, security interests, charges, claims, leasehold interests, tenancies, restrictions and encumbrances of any nature whatsoever, other than Permitted Liens and liens relating to the Assumed Liabilities, if applicable. Seller shall have executed and delivered such owner's affidavits (in customary form) as are reasonably necessary to enable Purchaser to obtain any such title insurance policy or policies.
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Real Property Title Insurance. The Buyer has advised the Sellers that, at the Closing, the Buyer intends to purchase owner’s title insurance policies insuring Blackwater ▇▇▇▇▇▇’▇ and Blackwater Westwego’s ownership interests in the Real Property described in Schedule 4.6(a). The Parties hereby acknowledge that the Buyer’s obtaining title policies in respect of the Real Property is not a condition to any Party’s obligation to consummate the Acquisition. If the Buyer delivers to the Sellers copies of the pro forma owner’s title insurance policies for each of the foregoing two Real Property assets no later than 5 Business Days prior to the Closing, then, at the Closing, Blackwater Investments will cause to be executed and delivered a non-imputation affidavit in the form annexed hereto as Exhibit D, and will execute and deliver the non-imputation indemnity in the form annexed hereto as Exhibit D, and will use commercially reasonable efforts to cooperate with the Buyer in arranging with the title company such execution and delivery of, and discussing with the title company any issues related to, such affidavit and indemnity; provided that the matters shown on such pro forma title insurance policies are consistent with the matters otherwise disclosed in this Agreement as affecting title to the Real Property (i.e., making any conforming disclosures necessary to make the non-imputation affidavit accurate in light of the matters shown on the pro forma title insurance policies).
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Real Property Title Insurance. A mortgagee's title policy in the amount of $3,000,000.00 with respect to the Real Property Collateral Mortgage, in form and substance satisfactory to Banks.
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Real Property Title Insurance. Seller will cause to be delivered to the Buyer at the Closing the Commitment contemplated by Section 15.1 hereof.
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Real Property Title Insurance. Subject to Buyer’s payment of its portion of the cost therefor as provided for in Section 9.6, each LLC Affiliate will cause to be delivered to Akron Realty at the Closing a commitment in the form of Ticor Title Insurance Company commitment number 070132 and in the amount of $2,200,000 (“Title Commitment”) to issue an American Land Title Association (“ALTA”) title insurance policy (“Title Policy”) which Title Commitment will be issued by Certified Title Agency, Inc. (“CTA”) on behalf of Ticor Title Insurance Company (the “Title Insurer”), insuring that as of the Closing, 943 Sub or Ocanna Sub, as the case may be, has obtained good and marketable fee title to the Real Property, free and clear of all liens and encumbrances, except the Permitted Encumbrances, including the items listed on Exhibit 5.8.
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Related to Real Property Title Insurance

  • Title Insurance The Mortgage Loan is covered by an ALTA lender's title insurance policy, or with respect to any Mortgage Loan for which the related Mortgaged Property is located in California a CLTA lender's title insurance policy, or other generally acceptable form of policy or insurance acceptable pursuant to Seller's Underwriting Guidelines and each such title insurance policy is issued by a title insurer acceptable to prudent lenders in the secondary mortgage market and qualified to do business in the jurisdiction where the Mortgaged Property is located, insuring the originator, its successors and assigns, as to the first (with respect to a First Lien Loan) or second (with respect to a Second Lien Loan) priority lien of the Mortgage in the original principal amount of the Mortgage Loan (or to the extent a Mortgage Note provides for negative amortization, the maximum amount of negative amortization in accordance with the Mortgage), subject only to the Permitted Exceptions, and in the case of Adjustable Rate Mortgage Loans, against any loss by reason of the invalidity or unenforceability of the lien resulting from the provisions of the Mortgage providing for adjustment to the Mortgage Interest Rate and Monthly Payment. Where required by state law or regulation, the Mortgagor has been given the opportunity to choose the carrier of the required mortgage title insurance. Additionally, such lender's title insurance policy affirmatively insures ingress and egress, and against encroachments by or upon the Mortgaged Property or any interest therein. The Seller (or its predecessor in interest), its successors and assigns, are the sole insureds of such lender's title insurance policy, and such lender's title insurance policy is valid and remains in full force and effect and will be in force and effect upon the consummation of the transactions contemplated by this Agreement. No claims have been made under such lender's title insurance policy, and no prior holder of the related Mortgage, including the Seller, has done, by act or omission, anything which would impair the coverage of such lender's title insurance policy, including without limitation, no unlawful fee, commission, kickback or other unlawful compensation or value of any kind has been or will be received, retained or realized by any attorney, firm or other person or entity, and no such unlawful items have been received, retained or realized by the Seller;

  • Title Policies The Title Company shall be prepared, -------------- subject only to payment of the applicable premium, endorsement and related fees and delivery of all conveyance documents in recordable form, to issue a title insurance policy to Purchaser, subject only to the Permitted Encumbrances, in accordance with Section 3.3. -----------

  • Title Policy The Title Company shall be prepared to issue, upon payment of the title premium at its regular rates, a title policy in the amount of the Purchase Price, insuring title to the Property is vested in the Purchaser or its designee or assignee, subject only to the Permitted Exceptions, with such endorsements as shall be reasonably required by the Purchaser.

  • Title Insurance Policies The Borrower will deliver to the Administrative Agent a policy of title insurance (or marked-up title insurance commitment or title proforma having the effect of a policy of title insurance) (a “Title Policy”) insuring the Lien of such Mortgage as a valid first mortgage or deed of trust Lien on the Mortgaged Property described therein in an amount not less than the estimated fair market value of such Mortgaged Property as reasonably determined by the Borrower, which Title Policy shall (A) be issued by a nationally-recognized title insurance company reasonably acceptable to the Administrative Agent (the “Title Company”), (B) include such reinsurance arrangements (with provisions for direct access, if necessary) as shall be reasonably acceptable to the Administrative Agent, (C) be supplemented by a “tie-in” or “aggregation” endorsement, if available under applicable law, and such other endorsements as may reasonably be requested by the Administrative Agent (including (to the extent available in the applicable jurisdiction and/or with respect to the Mortgaged Property, in each case, on commercially reasonable terms) endorsements on matters relating to usury, first loss, zoning, contiguity, revolving credit, doing business, public road access, survey, variable rate, environmental lien, subdivision, mortgage recording tax, separate tax lot, and so-called comprehensive coverage over covenants and restrictions) if available under applicable law at commercially reasonable rates and (D) contain no other exceptions to title other than Permitted Liens and other exceptions acceptable to the Administrative Agent in its reasonable discretion;

  • Title Insurance Policy In all cases, the Seller undertakes to remove any encumbrance that will materially interfere with the procurement of a title insurance policy or financing necessary for the purchase of the Property, whether the same is included in the above enumeration or not. Further, the Seller undertakes to, in good faith, cooperate with and assist the Buyer fully in obtaining a title insurance policy. The Seller shall be obligated to take all legal and reasonably necessary action in order to procure such title insurance policy but shall not incur any additional liability in relation thereto. If the title to the Property is not in a condition that is compliant with the above, if the Seller fails or refuses to comply with the Seller’s obligations under this section, or if the Parties are unable to obtain a title insurance policy, the Buyer may, in the Buyer’s sole discretion, accept the title as it is and proceed with the purchase under this Agreement, or terminate this Agreement and recover the ▇▇▇▇▇▇▇ Money, costs incurred in relation to this Agreement and