Title Policies. The Title Policies, issued by the Escrow Agent on behalf of the Title Company, in the form required by this Agreement; provided that in the event the Title Policies are not available at Closing, then the Escrow Agent shall provide Purchaser at Closing, at Purchaser’s option, with either # a “marked title commitment” with respect to each project comprising the Property, committing to issue the Title Policies in the form required by this Agreement, or # a proforma owner’s title policy with respect to each project comprising the Property, in the form required by this Agreement, with the Title Policies to be delivered to Purchaser as promptly after Closing as reasonably possible.

Title Policy. The Title Policy, issued by the Escrow Agent on behalf of the Title Company, in the form required by this Agreement; provided that in the event the Title Policy is not available at Closing, then the Escrow Agent shall provide Purchaser at Closing, at Purchaser’s option, with either # a “marked title commitment”, committing to issue the Title Policy in the form required by this Agreement, or # a proforma owner’s title policy, with the Title Policy to be delivered to Purchaser as promptly after Closing as reasonably possible.

Title Policy. The Title Policy, issued by the Escrow Agent on behalf of the Title Company, in the form approved by Purchaser and subject only to the Permitted Encumbrances; provided that in the event the Title Policy is not available at Closing, then the Escrow Agent shall provide Purchaser at Closing, at Purchaser’s option, with either # a “marked title commitment”, committing to issue the Title Policy in the form approved by Purchaser and subject only to the Permitted Encumbrances, or # a proforma owner’s title policy, in the form approved by Purchaser and subject only to the Permitted Encumbrances, with the Title Policy to be delivered to Purchaser as promptly after Closing as reasonably possible.

Title Policy. A separate Title Policy for each Seller Property, issued by the Escrow Agent on behalf of the Title Company, in the form required by this Agreement; provided that in the event a separate Title Policy for each Seller Property is not available at Closing, then the Escrow Agent shall provide Purchaser at Closing, at Purchaser’s option, with either # “marked title commitments”, committing to issue a separate Title Policy for each Seller Property in the form required by this Agreement, or # a separate proforma owner’s title policy for each Seller Property, with a separate Title Policy for each Seller Property to be delivered to Purchaser as promptly after Closing as reasonably possible.

Title Policy. At Closing, the Escrow Agent shall have issued the Title Policy (defined below) to Purchaser (provided that the Title Policy may be delivered after the Closing Date if, as of the Closing Date, Escrow Agent issues a currently effective, duly executed “marked-up” Title Commitment and irrevocably commits in writing (which may be via email) to issue the Title Policy in the form of the proforma Title Policy approved by Purchaser prior to the expiration of the Due Diligence Period); and

Title Policies. The Title Company shall be prepared to issue the Title Policies (or a signed mark-up or pro forma thereof) in the amount of the Allocated Purchase Prices and insuring the title and interest of Purchaser in and to the Properties and any easements or rights of way appurtenant thereto, effective as of Closing, subject only to the Permitted Exceptions and otherwise in the form and condition required by this Agreement.