Common use of Supplemental Title Reports Clause in Contracts

Supplemental Title Reports. If between the expiration of the Due Diligence Period and the Lease Effective Date, Escrow Holder shall issue any one or more supplemental reports (each, a “Supplemental Report”) describing any new or modified exception(s) to title to the Premises, Lessee shall have ten (10) business days from Lessee’s receipt of each such Supplemental Report and each document underlying each such new and/or modified exception(s) to approve or disapprove of each such new and/or modified exception(s) by delivering written notice to Lessor. ▇▇▇▇▇▇’s failure to deliver written notice to Lessor within ten

Appears in 1 contract

Sources: Lease Option Agreement

Supplemental Title Reports. If between the expiration of the Due Diligence Period and the Lease Effective Date, Escrow Holder shall issue any one or more supplemental reports (each, a “Supplemental Report”) describing any new or modified exception(s) to title to the Premises, Lessee shall have ten (10) business days from Lessee’s receipt of each such Supplemental Report and each document underlying each such new and/or modified exception(s) to approve or disapprove of each such new and/or modified exception(s) by delivering written notice to Lessor. ▇▇▇▇▇▇Lessee’s failure to deliver written notice to Lessor within ten

Appears in 1 contract

Sources: Lease Option Agreement