Permitted Title Exceptions definition

Permitted Title Exceptions means those exceptions to title to the Real Property that are satisfactory or deemed satisfactory to Purchaser as determined pursuant to Section 2.4(e) hereof.
Permitted Title Exceptions shall have the meaning given to such term in Section 4.1(b) hereof.
Permitted Title Exceptions has the meaning specified in Section 5.4.

Examples of Permitted Title Exceptions in a sentence

  • Prior to Closing, the following conditions must be satisfied (the “Conditions Precedent”) (a) Seller must own the Property free and clear (all right title and interest, free of all encumbrances, except for Permitted Title Exceptions as per 5.01), and (b) Title Company shall have irrevocably committed to issue the Title Policy acceptable to Buyer.

  • Within ten (10) business days after Purchaser’s receipt of the last to be received of the Title Documents (as defined below), Purchaser may deliver notice to Seller objecting to any easements, encroachments, or other impediments, other than the Permitted Title Exceptions, as shown on the Survey which Purchaser determines are unacceptable or would unreasonably hinder Purchaser’s intended use of said Property.

  • At the time of closing, Seller shall have fee simple title to the Property, free and clear of all liens or encumbrances except those Permitted Title Exceptions.

  • As a condition to this purchase, ▇▇▇▇▇▇ agrees that Purchaser must be able to obtain a policy for title insurance from a national title insurance company to insure good and marketable fee simple title, free and clear of all liens and encumbrances with the exception of the Permitted Title Exceptions.

  • If Buyer fails to object within said period, the condition of title to the Property shall be deemed approved and all matter set forth therein shall be deemed Permitted Title Exceptions (defined below).


More Definitions of Permitted Title Exceptions

Permitted Title Exceptions means as to any Project, the outstanding liens, easements, restrictions, security interests and other exceptions to title set forth in the policy of title insurance insuring the lien of the Deed of Trust encumbering such Project approved by the Administrative Agent.
Permitted Title Exceptions means those exceptions to title to -------------------------- the Real Property that are satisfactory to Patriot or deemed satisfactory to Patriot pursuant to Section 2.4(d) hereof. --------------
Permitted Title Exceptions means those exceptions to title to the Real Property that are satisfactory to Transferee as determined under this Agreement, and as evidenced by a pro forma title report.
Permitted Title Exceptions means those exceptions to title to the Real Property set forth in the Title Commitment (a) which do not require or secure the payment of money and (b) to which Purchaser makes no objection under Section 2.3(d).
Permitted Title Exceptions means those matters set forth in the title insurance policies insuring the respective liens of the Mortgages and those matters otherwise approved by Lender.
Permitted Title Exceptions shall have the meaning set forth in SECTION 3.2.
Permitted Title Exceptions means those exceptions to title to ---------------------------- the Real Property that are satisfactory to the Acquirors as determined pursuant to Section 2.2. -----------