RECEIPT OF TITLE POLICY Sample Clauses

The RECEIPT OF TITLE POLICY clause establishes the requirement for the buyer to receive a title insurance policy as part of the property transaction. In practice, this means the seller or closing agent must provide the buyer with a document that insures the buyer’s ownership rights to the property, typically at or before closing. This clause ensures that the buyer is protected against potential defects or claims against the property’s title, thereby reducing the risk of future legal disputes over ownership.
RECEIPT OF TITLE POLICY. Glacier has received all title insurance reports requested under Subsection 4.1.10, and HUB has delivered to Glacier the update endorsements required by Subsection 4.1.10.
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RECEIPT OF TITLE POLICY. HFC will have received the title insurance policy or policies required by Section 5.1.10 of this Agreement.
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RECEIPT OF TITLE POLICY. WCB will have received the title insurance policy or policies required by Subsection 4.1.10.
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RECEIPT OF TITLE POLICY. Subject to Buyer's payment of all title insurance costs and expenses and Buyer's order of a Title Update and commercially reasonable efforts to obtain such title policies, Buyer shall have received a proforma owner's policy of title insurance from Title Company issued in the State of Florida, with such requested endorsements thereto as Title Company may lawfully issue in the State of Florida, insuring the Real Property in the amount of the Purchase Price, subject only to the Permitted Liens (collectively, the "Title Policies"). In connection therewith, Sellers shall deliver owner's affidavits and so-called "gap indemnities" substantially in the form of Exhibit F attached hereto and sufficient to delete the standard exceptions contained in the Title Policies to be deleted by Sellers along with evidence, reasonably acceptable to the Title Company, regarding the authority of Sellers and those executing documents on behalf of Sellers in connection with the consummation of the Transactions.
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Related to RECEIPT OF TITLE POLICY

  • Out of Title Work Employees who are temporarily required to perform duties of a higher pay grade or classification shall be compensated at a rate relative to his or her current status and in line with the higher grade classification. Requests for temporary classifications must be submitted to the Human Resources office for approval. Assignments must be for a minimum of ten (10) days with pay retroactive to the first day upon reaching the tenth (10th) day in the temporary assignment.

  • Evidence of Title Evidence that title to a REO is held by the Trustee shall be submitted by the Servicer to the Master Servicer and, if applicable, to the Primary Mortgage Insurer and/or the Pool Insurer, within ten Business Days after marketable title to such REO has been acquired.

  • Defense of Title Warrant and defend title to and ownership of the Pledged Collateral of such Pledgor at its own expense against the claims and demands of all other parties claiming an interest therein, keep the Pledged Collateral free from all Liens, except for Permitted Liens, and not sell, exchange, transfer, assign, lease or otherwise dispose of Pledged Collateral of such Pledgor or any interest therein, except as permitted under the Credit Agreement and the other Credit Documents.

  • Certificates of Title Upon the request of Secured Party, if a certificate of title is issued or outstanding with respect to any Vehicle or other Collateral with a fair market value of at least $50,000, cause the Security Interest to be properly noted thereon.

  • Certificate of Title The Receivable File related to such Receivable contains the original Certificate of Title (or a photocopy or image thereof) or evidence that an application for a Certificate of Title has been filed.