Title Contract Clauses (366)

Title. During the Inspection Period, Purchaser shall procure a title insurance commitment in the amount of the Purchase Price covering the Property issued by the Title Company (the "Title Commitment") and furnish a copy thereof to Seller. Purchaser shall have 10 days after receipt of the Title Commitment from Title Company to object to any matters shown on the Title Commitment or Survey by written notice to Seller ("Title Objection Notice"). Purchaser may also object to any new matters thereafter revea...led by a title update by subsequent Title Objection Notice to Seller. Within five (5) business days after receipt of Purchaser's Title Objection Notice, Seller shall either (i) deliver written notice to Purchaser of any title or Survey objections which Seller elects not to cure, or (ii) cure or satisfy such objections (or commence to cure or satisfy such objections as long as Seller reasonably believes such objections may be cured or satisfied at least two (2) business days prior to Closing). In the event that Seller does not deliver written notice to Purchaser of any title or Survey objections which Seller elects not to cure within such five (5) day period, Seller shall be deemed to have elected to cure all such objections. Within five (5) business days after receipt of Seller's written notification that Seller elects not to cure a title or Survey objection, Purchaser may terminate this Agreement and receive a full refund of the Earnest Money by delivering written notice thereof to Seller. If Purchaser does not so terminate this Agreement, then any such title or Survey objection which Seller elects not to cure shall be deemed waived by Purchaser and shall be an additional Permitted Exception. If any objection which Seller elects to cure is not satisfied by Seller at least two (2) business days before the scheduled date of Closing, Purchaser shall have the right to terminate this Agreement, in which case the Earnest Money shall be returned to Purchaser and neither party shall have any further rights, obligations or duties under this Agreement. If Seller does cure or satisfy the objections at least two (2) business days prior to Closing, then this Agreement shall continue in effect. Any exception to or defect in title which Purchaser shall elect to waive, or which is otherwise acceptable to Purchaser, shall be deemed an additional Permitted Exception to title at Closing. Seller covenants and agrees not to alter or encumber in any way Seller's title to the Property after the date hereof. Notwithstanding anything in this Agreement to the contrary, Seller shall cause any deed of trust, mortgage, deed to secure debt, judgment or other lien for a liquidated sum encumbering the Property to be released at or before Closing. View More

Title. The title to the Confidential Information provided to Consultant by the Company, including without limitation any tangible property, shall be vested in the Company. Nothing in this Agreement is intended to grant any rights to the Consultant under any patent, mask work right or copyright of the Company, nor shall this Agreement grant the Consultant any rights in or to Confidential Information except as expressly set forth herein.

Title. (a) Title Commitment. Acquirer has obtained a title insurance commitment prepared in accordance with all of the terms and conditions of this Agreement (the "Title Commitment") and with the current ALTA Form, issued by First American Title Insurance Company — Milwaukee Office (the "Title Company"), agreeing to issue an ALTA owner's title insurance policy to Acquirer. in the amount of the Consideration insuring title to the Real Property to be in the condition called for by this Agreement and cont...aining a "fifty-year chain-of-title search," a zoning endorsement on ALTA Form 3.1 (with parking), a survey endorsement insuring that the survey accurately depicts the Real Property (including boundaries, improvements, easements and encroachments), a contiguity endorsement, an access endorsement, an endorsement for "gap coverage," a location endorsement and an owner's comprehensive endorsement, a utility facilities endorsement, and a tax parcel endorsement. Acquirer shall cause the Title Company at or prior to Closing to down date the Title Commitment to the date and time of the recording of the Deed and provide a "title mark-up" showing the final form of the title insurance policy (including the above referenced endorsements) to be issued, which mark-up shall obligate the Title Company to issue the final title insurance policy ("Title Policy") in such form. The title mark-up and final title insurance 4 policy shall be free from the standard requirements and exceptions and shall be subject only to liens, encumbrances or exceptions specifically approved by Acquirer (the "Permitted Exceptions"). A written statement of the obligee of the amount of any lien or encumbrance to be discharged by Contributor shall be provided by Contributor prior to closing. The premium for the title policy and any fees for endorsements or other services provided by the Title Company shall be paid by Acquirer on or before Closing. (b) Title Objections. On or before the January 28, 2015, Acquirer shall object in writing to any condition of title not satisfactory to Acquirer, in Acquirer's sole discretion (hereinafter referred to as a "Title Defect") and any matters of title not timely objected to by Acquirer shall be deemed Permitted Exceptions. If Acquirer so objects, Closing shall be postponed for up to 10 business days (the "Correction Period") pending correction of Title Objections. Except as expressly stated in this paragraph, Contributor shall not be obligated to correct such Title Defects or to expend any funds in connection therewith, provided, however, Contributor shall be obligated to cure any and all Title Defects constituting voluntary liens of Contributor or the Company by payment thereof at the time of Closing. If any Title Defect cannot be corrected within the Correction Period , Acquirer may, at its option, (a) declare this Agreement null and void and as a result the Escrow Agent shall return the Deposit together with all accrued interest forthwith to Acquirer or (b) elect to accept such title as Contributor is able to convey and proceed to Closing. If Acquirer fails to notify Contributor that Acquirer is terminating this Agreement pursuant to this Section within two (2)business days of the expiration of the Correction Period, Acquirer shall be deemed to have selected option (b) in the previous sentence and the Parties shall immediately proceed to Closing. (c) Personal Property. At Closing, the Personal Property shall be free of all liens and encumbrances. View More

Title. The Company will initially cause the Employee to be appointed a CEO/President of the Company.

Title. Trustor warrants title to the Property, excepting only restrictions and easements of record, municipal and zoning ordinances, current taxes and assessments not yet due and any liens or encumbrances set forth on Exhibit A attached hereto ("Permitted Liens").

Title. The designation of one series of the Securities shall be 4.500% Guaranteed Senior Notes due 2021 (the "Securities").

Title. Titles are provided herein for convenience only and are not to serve as a basis for interpretation or construction of this Agreement.

Title. Except as provided in Section 1, Operator shall not acquire any right, title or interest in the Product delivered to Operator pursuant to this Agreement and all title and ownership or such Product shall remain exclusively with Customer or Customer's customer. Except as provided in Section 1, Operator shall not represent itself to any third party as the owner of any of the Product and shall hold the Product in trust for Customer.

Title. The titles and sub-headings of each Section and Sub-Section in the Agreement are for convenience only and should not be considered part of the Agreement to aid in interpretation or construction.