Common use of Status of Title Clause in Contracts

Status of Title. As soon as practical following the Effective Date, Escrow Agent shall cause a current commitment for an ALTA Owner’s Policy of Title Insurance (the "Commitment") to be issued and delivered to Seller and Buyer. Buyer and Seller shall satisfy their respective requirements to closing set forth in the Commitment prior to ▇▇▇. Seller shall remove all liens, clouds, and encumbrances at or prior to ▇▇▇.

Appears in 3 contracts

Sources: Purchase Contract, Purchase Contract, Purchase Contract