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(the "Existing Liens") to be fully satisfied, released and discharged of record on or prior the Closing Date so that Purchaser shall take title to the Property free of the same. In no case shall any Existing Lien be a Permitted Exception. The Virgin Islands Open Shoreline Act, Title 12, Section 401, et. seq. of the Virgin I
ithin ten (10) days after the Effective Date, Purchaser shall procure from a Escrow Agent a current title commitment (the "Title Commitment") for an ALTA Owner's Title Policy, showing the state of the title to the Property which would appear in an ALTA Owner's Title Policy, if issued, accompanied by copies o
(the "Existing Liens") to be fully satisfied, released and discharged of record on or prior the Closing Date so that Purchaser shall take title to the Property free of the same. In no case shall any Existing Lien be a Permitted Exception. The Virgin Islands Open Shoreline Act, Title 12, Section 401, et. seq. of the Virgin I
ithin ten (10) days after the Effective Date, Purchaser shall procure from a Escrow Agent a current title commitment (the "Title Commitment") for an ALTA Owner's Title Policy, showing the state of the title to the Property which would appear in an ALTA Owner's Title Policy, if issued, accompanied by copies o
(the "Existing Liens") to be fully satisfied, released and discharged of record on or prior the Closing Date so that Purchaser shall take title to the Property free of the same. In no case shall any Existing Lien be a Permitted Exception. The Virgin Islands Open Shoreline Act, Title 12, Section 401, et. seq. of the Virgin I
ithin ten (10) days after the Effective Date, Purchaser shall procure from a Escrow Agent a current title commitment (the "Title Commitment") for an ALTA Owner's Title Policy, showing the state of the title to the Property which would appear in an ALTA Owner's Title Policy, if issued, accompanied by copies o
(the "Existing Liens") to be fully satisfied, released and discharged of record on or prior the Closing Date so that Purchaser shall take title to the Property free of the same. In no case shall any Existing Lien be a Permitted Exception. The Virgin Islands Open Shoreline Act, Title 12, Section 401, et. seq. of the Virgin I
1 Title. Within ten (10) business days after the Effective Date, Purchaser shall procure a current title commitment (the "Title Commitment") for an ALTA Owner's Title Policy, showing the state of the title to the Property which would appear in an ALTA Owner's Title Policy, if issued, accompanied by copies o
by (the "Evicting I lea) to be fully satisfied, released and discharged of record on or prior the Closing Date so that Purchaser shall take tide to the Property free of the same. In no case shall any Existing Liens be a Permitted Exception. The Virgin Islands Open Shoreline Act, Tide 12, Section 401, et. seq. of the Virgin I
n (10) days after the execution of this Agreement by all parties, Purchaser shall procure a current title commitment (the 'Title Commitment") for an ALTA Owner's Tide Policy, showing the state of the tide to the Property, including Parcels B and C, which would appear in an ALTA Owner's Title Policy, if issued
Entities connected to both the Property free of the same and ALTA Owner's

U.S. Virgin Islands
LOCATION
Philadelphia
LOCATION
Lausanne
LOCATIONErika Kellerhals
PERSON
Kjaer
PERSON
Switzerland
LOCATION
Great St. James
ORGANIZATIONChristian Kjaer
PERSONApril Newland
PERSONJames T. Giles
PERSONGSJ Properties, Corp.
ORGANIZATIONVirgin Islands Limited Liability Company
ORGANIZATIONPepper Hamilton LLP
ORGANIZATIONInternational Arbitration Rules
ORGANIZATIONthe Territory of the U.S Virgin Islands
LOCATIONthe Title Commitment
ORGANIZATION
Sarah Ferguson
PERSONthe Property (Parcel A
ORGANIZATIONCommissions
ORGANIZATIONthe American Arbitration Association
ORGANIZATION