Common use of Satisfactory Title Clause in Contracts

Satisfactory Title. There shall have been no changes in the state of title and no additional survey exceptions or Liens, except for Permitted Exceptions. Brazos and Agent shall have received a list of all Liens of Record and of all other Liens known to Lessee against the Facility or FF&E and the amounts thereof and, in the case of an Acquired Facilities Lease, an estoppel certificate from the lessor confirming that there are no defaults under the Acquired Facilities Lease and such other information satisfactory to Brazos and Agent.

Satisfactory Title. There shall have been no changes in the state of title and no additional survey exceptions or Liens, except for Permitted Exceptions. Brazos and Agent shall have received a list of all Liens of Record and of all other Liens known to Lessee against the Facility or FF&E Property and the amounts thereof and, in the case of an Acquired Facilities Ground Lease, an estoppel certificate from the lessor confirming that there are no defaults under the Acquired Facilities Ground Lease and such other information satisfactory to Brazos and Agent.