Conditions of Title definition

Conditions of Title means the conditions encumbering the Property and as contained in the Title Deed and / or contained in such further documents as referred to in the Title Deed;
Conditions of Title means the following exceptions to title to the Property:
Conditions of Title is defined in Section 2.1.

Examples of Conditions of Title in a sentence

  • The foregoing exceptions to title are referred to collectively as the "Conditions of Title".

  • Delivery of title in accordance with the foregoing shall be evidenced by the willingness of the Title Company to issue, at Closing, its standard Owner’s California Land Title Association Policy of Title Insurance in the amount of the Purchase Price showing title to the Real Property vested in Buyer, subject to the Conditions of Title (the “Title Policy”).

  • If Landlord for any reason is unable to deliver title to the Property subject only to the Conditions of Title, then Tenant's sole remedy shall be to terminate this Agreement and receive a return of any Deposit, and neither Landlord nor Tenant shall thereafter have any further rights or obligations under this Agreement, except Tenant's obligation to perform the Continuing Obligations (as defined below).

  • Delivery of title in accordance with the foregoing shall be evidenced by the willingness of the Title Company to issue, at Closing, its Owner’s ALTA Policy of Title Insurance in the amount of the Purchase Price showing title to the Real Property vested in Buyer, subject to the Conditions of Title (the “Title Policy”).

  • Conclusive evidence of delivery of title in accordance ------------------- with the foregoing shall be the willingness of Title Company to issue to Tenant, upon payment of its regularly scheduled premium, its CLTA owner's policy of title insurance, in the amount of the Purchase Price, showing title to the Option Property vested of record in Tenant, subject only to the Conditions of Title (and the standard printed exceptions and conditions in the policy of title insurance).

  • Seller shall deliver exclusive right of possession of the Property to Buyer on the Closing Date, subject only to the Conditions of Title.

  • Seller shall convey title to the Property to Buyer by the Assignment, the Deed (subject only to the Conditions of Title, excluding any Title Defects which Seller is obligated to cure hereunder) and the Lease Assignment.

  • The Lessee agrees to strictly observe all Government, Provincial and Municipal Laws, Bylaws and Regulations applicable to the property and the Conditions of Title thereof and the Rules of the Body Corporate including the Conduct Rules and Management Rules.

  • All of the foregoing exceptions shall be referred to collectively as the "Conditions of Title".

  • Buyer shall take title to the Property subject to the Conditions of Title.


More Definitions of Conditions of Title

Conditions of Title shall refer to those exceptions to title (including, without limitation, Title Company's standard printed exceptions to title with respect to an ALTA Owner's Extended Form policy of title insurance (an "ALTA Policy") listed on EXHIBIT B incorporated herein by reference, the lien for real property taxes not delinquent, any current assessments (subject to Owner's obligation to pay delinquent assessments or credit same to the Purchase Price at closing), the effect of the Lot Line Adjustment and the CC&R's, the effect of the Ground Lease and any improvements constructed by Lessee thereunder, and any other encumbrances or matters of title caused or approved in writing by Optionee. On the Closing Date, Title Company shall be unconditionally committed to issue (a) an American Land Title Association ("ALTA") Extended Title Policy Form B (1970) for the Property ("ALTA Title Policy"), with a liability limit in the amount of the Purchase Price and insuring fee title vested in Optionee, and (b) endorsements to the ALTA Title Policy (i) to provide Optionee with assurance that the Property is the same as shown on the Survey, (ii) to provide Optionee with assurance that the Property is contiguous with the property known as 495 Java Drive, and (iii) such other endorsements as Optionee may reasonably request, including without limitation zoning, tax parcel, access, and owner's comprehensive (ALTA 100, modified for owner, or equivalent) endorsements (collectively, the "Endorsements"); provided, however, the availability of such Endorsements shall not be a Condition Precedent to Optionee's obligation hereunder. Optionee shall take title to the Property subject to the Conditions of Title.
Conditions of Title means and refer to title matters substantially in the form listed in the Report which are approved or agreed to pursuant to this Section 2.04. Such matters include nondelinquent taxes and assessments, including any ▇▇▇▇▇-▇▇▇▇ or similar taxes, items 1 and 2 listed in the Report and all covenants, conditions and restrictions, easements and encumbrances of record, including but not limited to: Declarations of Covenants, Conditions and Restrictions recorded as Instrument No. 82-118353; Declaration of Covenants, Conditions and Restrictions and Reservation of Easements for Pacific Park Town Center recorded as Instrument No. ▇▇-▇▇▇▇▇▇▇; Declaration of Covenants, Conditions and Restrictions and Reservation of Easements for Park Plaza at Aliso Viejo Town Center recorded as Instrument No. ▇▇-▇▇▇▇▇▇▇ (“Aliso Viejo Town Center CC&Rs”); First Amendment of Declaration of Covenants, Conditions and Restrictions and Reservation of Easements for Park Plaza at Aliso Viejo Town Center recorded as Instrument No. 96-0151946; Second Amendment of Declaration of Covenants, Conditions and Restrictions and Reservation of Easements for Park Plaza at Aliso Viejo Town Center recorded as Instrument No. 96-0448786; Third Amendment of Declaration of Covenants, Conditions and Restrictions and Reservation of Easements for Park Plaza at Aliso Viejo Town Center recorded as Instrument No. 96-0640408; and the Notice of Annexation to Aliso Viejo Community Association and Notice of Annexation and Supplemental Declaration of Covenants, Conditions and Restrictions for Park Plaza at Aliso Viejo Town Center recorded as Instrument No. 97-0145958 (collectively referred to as the “CC&Rs”).
Conditions of Title shall have the same meaning as set forth in Section 9.1 of this Agreement.
Conditions of Title shall refer to those exceptions to title (including, without limitation, Title Company's standard printed exceptions to title with respect to an ALTA Owner's Extended Form policy of title insurance (an "ALTA Policy"), the lien for real property taxes not delinquent, any current assessments (subject to ▇▇▇. ▇▇▇▇▇'▇ obligation to pay delinquent assessments or credit same to the Purchase Price at closing), and the effect of any other encumbrances or matters of title caused or approved in writing by Buyer. On the Closing Date, Title Company shall be unconditionally committed to issue an American Land Title Association ("ALTA") Extended Title Policy Form B (1970) for the Property ("ALTA Title Policy"), with a liability limit in the amount of the combined total of the Note and the Bank Debt and insuring fee title vested in Buyer (in addition, the Equipment shall not be subject to any liens or encumbrances of record);
Conditions of Title shall not include (x) any monetary liens, including, without limitation, the liens of any deeds of trust or other loan documents secured by the Property, or (y) any mechanics' liens. By acceptance of the Deed and the Closing of the purchase and sale of the Property, (i) Buyer agrees it is assuming for the benefit of Seller all of the obligations of Seller with respect to the Conditions of Title from and after the Closing, and (ii) Buyer agrees that Seller shall have conclusively satisfied its obligations with respect to title to the Property. The provisions of this Section shall survive the Closing.

Related to Conditions of Title

  • Documents of Title Has the meaning given that term in the UCC.

  • Document of title means a record that in the regular course of business or financing is treated as adequately evidencing that the person in possession or control of the record is entitled to receive, control, hold, and dispose of the record and the goods the record covers and that purports to be issued by or addressed to a bailee and to cover goods in the bailee's possession which are either identified or are fungible portions of an identified mass. The term includes a bill of lading, transport document, dock warrant, dock receipt, warehouse receipt, and order for delivery of goods. "Electronic document of title" means a document of title evidenced by a record consisting of information stored in an electronic medium. "Tangible document of title" means a document of title evidenced by a record consisting of information that is inscribed on a tangible medium.

  • Conditions of Use means these terms and conditions as may be varied by us from time to time.

  • Conditions of Carriage means these conditions of carriage.

  • Conditions of Tender means the Conditions of Tender for the said land as set out in Annexure A;