Survey and Title Commitment. (a) BKP has ordered from the Title Company a commitment to insure BKP’s title to the Real Property, in the amount of the Cash Consideration (the “Title Commitment”), together with the best available copies of all documents relating to the title exceptions referred to therein. BKP acknowledges that Contributor has delivered the Survey to BKP. BKP may, at its cost, cause the Survey to be updated or obtain a new survey by the surveyor of its choice (each, an “Updated Survey”), and Contributor shall cooperate in such efforts consistent with its obligations set forth in Section 5.1 above.
Appears in 2 contracts
Sources: Contribution Agreement (Alexanders Inc), Contribution Agreement (Macerich Co)