Chicago Title Insurance Company Sample Clauses

Chicago Title Insurance Company. Offering Materials. That certain brochure prepared by Eastdil Realty Company L.L.C., dated August 1997. Title Company. Chicago Title Insurance Company.
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Chicago Title Insurance Company. By: ---------------------------------- Name: -------------------------------- Title: -------------------------------
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Chicago Title Insurance Company. Superior
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Chicago Title Insurance Company. United States District Court of Arizona. Class action alleging violation of federal antitrust laws with respect to state rating bureau activity in Arizona and Wisconsin. A motion for summary 70 judgment by defendants was granted on March 1, 1991 and the case dismissed on March 5, 1991. Plaintiffs filed an appeal of the order to dismiss on March 13, 1991. In late December, 1992 the Court of Appeals reversed the lower court holding that the defenses of res judicata, Keouxx xxxtrine and state action did not bar the Plaintiffs. On March 17, the petition for rehearing en banc was denied. On October 1, 1993. the parties executed a memorandum of understanding outlining a basis for settlement of the case. On October 4, 1993 the U.S. Supreme Court agreed to hear the case and oral argument was heard on March 1, 1994. On April 4, 1994, the U.S. Supreme Court dismissed the case as improvidently granted. A dispute has arisen with plaintiff's counsel over the settlement agreement. On March 28, 1995, the Court deferred further action in the case until mid-May to allow the parties an opportunity to enter into a global settlement of the Browx xxx Segaxx xxxes. Plaintiffs in the Segaxx xxxe have moved to intervene in the Browx xxxe. In the Browx xxxe, an amended complaint was filed May 9, 1995 naming certain additional title insurance companies as defendants. A global settlement of the Browx xxx Segaxx xxxes was executed May 18, 1995. Pursuant to the terms of the proposed settlement, class members will be provided with a number of benefits, including the option to receive cash payments from the title insurance companies named in the Arizona and Wisconsin actions, not to exceed in the aggregate $1,996,613 in Arizona and $2,070,326 in Wisconsin; an increase in the face amount of title insurance policies purchased from the title insurance companies reflecting the impact of inflation since January 1, 1981; and the last $5,000 of future insurance coverage at no cost on any new title insurance policy for property in Arizona or Wisconsin purchased from any of such title insurance companies within the one-year period following final Court approval of the settlement. The settlement also contemplates that the title insurance companies will pay attorneys' fees of the plaintiffs and the costs of administering the settlement. In July, 1995, pursuant to an order of the Court, notice of the settlement was given to the class by publication. No member of the plaintiff class commented upon o...
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Chicago Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I - Requirements; and Schedule B, Part II - Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.
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Chicago Title Insurance Company. Commercial Service Unit, 000 Xxxxx Xxxxxx, 0xx Xxxxx, Xxx Xxxx, X.X. 00000-0000 March , 2009 620 EIGHTH NYT (NY) LIMITED PARTNERSHIP c/o W. P. Xxxxx & Co. LLC 00 Xxxxxxxxxxx Xxxxx, 0xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 620 EIGHTH NYT LENDER (NY) LIMITED PARTNERSHIP c/o W. P. Xxxxx & Co. LLC 00 Xxxxxxxxxxx Xxxxx, 0xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 NYT REAL ESTATE COMPANY LLC c/o The New York Times Company 000 Xxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Title No.: 3108-00805 Premises: New York Times, 000-00 0xx Xxxxxx, Xxx Xxxx, XX Gentlemen: We have reviewed the following documents: (1) Wrap-Around Mortgage dated on or about the date hereof (the “Wrap Mortgage”) made by NYT REAL ESTATE COMPANY LLC, as mortgagor, in favor of 620 EIGHTH NYT (NY) LIMITED PARTNERSHIP, as mortgagee, and NEW YORK STATE URBAN DEVELOPMENT CORPORATION, D/B/A/ EMPIRE STATE DEVELOPMENT CORPORATION, as co-mortgagee, and (2) First Mortgage dated on or about the date hereof made by NYT REAL ESTATE COMPANY LLC, as mortgagor, in favor of 620 EIGHTH NYT LENDER (NY) LIMITED PARTNERSHIP, as mortgagee, and NEW YORK STATE URBAN DEVELOPMENT CORPORATION, D/B/A/ EMPIRE STATE DEVELOPMENT CORPORATION, as co-mortgagee, (the “First Mortgage”); both of which are being recorded in connection with the transaction being closed today in connection with which we are, as coinsurers, issuing lender’s title insurance policies to 620 EIGHTH NYT (NY) LIMITED PARTNERSHIP and 620 EIGHTH NYT LENDER (NY) LIMITED PARTNERSHIP, respectively. This will confirm that upon an assignment of the underlying First Mortgage or the Wrap Mortgage to a third-party lender in connection with which an appropriate Real Property Law Section 275 Affidavit is filed we will insure the assignment of the First Mortgage, the Wrap Mortgage and/or its respective amendment, modification, consolidation and/or restatement by the new holder, without payment of new mortgage recording tax on the outstanding principal amount of the First Mortgage or the Wrap Mortgage so assigned. The foregoing assurance is subject to: ( a ) no re-advances of principal having been made which are secured by the underlying the First Mortgage or the Wrap Mortgage; ( b ) if the new holder of the First Mortgage or the Wrap Mortgage, as applicable, shall by its respective amendment, modification, consolidation and/or restatement increase the outstanding principal indebtedness at such time, the applicable mortgage recording tax payable on such increase in the outstanding principal i...
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Chicago Title Insurance Company. By: -------------------------------- Name: ------------------------------- Title: ------------------------------ Date of Execution: ------------------ SCHEDULE OF EXHIBITS Exhibit A - Legal Description of Property Exhibit B - Due Diligence Checklist Exhibit C - Form of Surveyor's Certificate/Survey Requirements Exhibit D - Rent Roll Exhibit E - Conforming Estoppel Certificate Exhibit F - OEA Estoppel Certificate Exhibit G - Tenant Letter Exhibit H - South Carolina Seller's Affidavit Exhibit I - Audit Cooperation Letter Exhibit J - Audit Representation Letter EXHIBIT "A" LEGAL DESCRIPTION OF THE LAND [TO BE INSERTED] EXHIBIT "B" DUE DILIGENCE DOCUMENTS To the extent such information is available:
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Related to Chicago Title Insurance Company

  • Title Company Escrow Holder shall cause the Title Company to issue the Buyer’s Title Policy to Buyer.

  • Title Insurance The Mortgage Loan is covered by an ALTA lender's title insurance policy (which, in the case of an Adjustable Rate Mortgage Loan has an adjustable rate mortgage endorsement in the form of ALTA 6.0 or 6. 1) acceptable to Xxxxxx Xxx and Xxxxxxx Mac, issued by a title insurer acceptable to Xxxxxx Mae and Xxxxxxx Mac and qualified to do business in the jurisdiction where the Mortgaged Property is located, insuring (subject to the exceptions contained in (j) above) the Seller, its successors and assigns as to the first priority lien of the Mortgage in the original principal amount of the Mortgage Loan and, with respect to any Adjustable Rate Mortgage Loan, against any loss by reason of the invalidity or unenforceability of the lien resulting from the provisions of the Mortgage providing for adjustment in the Mortgage Interest Rate and Monthly Payment. Where required by the state law or regulation, the Mortgagor has been given the opportunity to choose the carrier of the required mortgage title insurance. Additionally, such lender's title insurance policy affirmatively insures ingress and egress to and from the Mortgaged Property, and against encroachments by or upon the Mortgaged Property or any interest therein. The Seller is the sole insured of such lender's title insurance policy, and such lender's title insurance policy is in full force and effect and will be in full force and effect upon the consummation of the transactions contemplated by this Agreement. To the best of the Seller's knowledge, no claims have been made under such lender's title insurance policy, and no prior holder of the related Mortgage, including the Seller, has done, by act or omission, anything which would impair the coverage of such lender's title insurance policy;

  • Title Insurance Policy In all cases, the Seller undertakes to remove any encumbrance that will materially interfere with the procurement of a title insurance policy or financing necessary for the purchase of the Property, whether the same is included in the above enumeration or not. Further, the Seller undertakes to, in good faith, cooperate with and assist the Buyer fully in obtaining a title insurance policy. The Seller shall be obligated to take all legal and reasonably necessary action in order to procure such title insurance policy but shall not incur any additional liability in relation thereto. If the title to the Property is not in a condition that is compliant with the above, if the Seller fails or refuses to comply with the Seller’s obligations under this section, or if the Parties are unable to obtain a title insurance policy, the Buyer may, in the Buyer’s sole discretion, accept the title as it is and proceed with the purchase under this Agreement, or terminate this Agreement and recover the Xxxxxxx Money, costs incurred in relation to this Agreement and

  • Insurance Company The Buyer is an insurance company whose primary and predominant business activity is the writing of insurance or the reinsuring of risks underwritten by insurance companies and which is subject to supervision by the insurance commissioner or a similar official or agency of a State, territory or the District of Columbia.

  • Title Insurance Policies The Borrower will deliver to the Administrative Agent a policy of title insurance (or marked-up title insurance commitment or title proforma having the effect of a policy of title insurance) (a “Title Policy”) insuring the Lien of such Mortgage as a valid first mortgage or deed of trust Lien on the Mortgaged Property described therein in an amount not less than the estimated fair market value of such Mortgaged Property as reasonably determined by the Borrower, which Title Policy shall (A) be issued by a nationally-recognized title insurance company reasonably acceptable to the Administrative Agent (the “Title Company”), (B) include such reinsurance arrangements (with provisions for direct access, if necessary) as shall be reasonably acceptable to the Administrative Agent, (C) be supplemented by a “tie-in” or “aggregation” endorsement, if available under applicable law, and such other endorsements as may reasonably be requested by the Administrative Agent (including (to the extent available in the applicable jurisdiction and/or with respect to the Mortgaged Property, in each case, on commercially reasonable terms) endorsements on matters relating to usury, first loss, zoning, contiguity, revolving credit, doing business, public road access, survey, variable rate, environmental lien, subdivision, mortgage recording tax, separate tax lot, and so-called comprehensive coverage over covenants and restrictions) if available under applicable law at commercially reasonable rates and (D) contain no other exceptions to title other than Permitted Liens and other exceptions acceptable to the Administrative Agent in its reasonable discretion;

  • Title Insurance and Surveys Due to the critical timeline requirements to close the transaction, PHI may order title searches on all PH Owned Real Property and PH Leased Real Property to be transferred to NPC pursuant to this Agreement. These title searches will be performed by a national title company approved by PHI. If PHI has established relations with such company, NPC will be entitled to the benefit of PHI’s preferred rates. If permissible under applicable law and the terms of any agreement with such company, the fees paid for the searches may be applied toward the title policy costs for title policies desired by NPC based upon these title searches In the event NPC or NPC’s lender requires environmental reports relating to the PH Owned Real Property, NPC shall first obtain PHI’s prior written consent and shall execute the Access and Confidentiality Agreement substantially in the form attached hereto as Exhibit “E”, and shall retain a nationally recognized firm approved by PHI to perform such work. PH will not consent to any invasive environmental audit or review and the results of any permitted environmental audit or review will not affect NPC’s obligations hereunder. To the extent that NPC or NPC’s lender requires surveys of the Owned Real Property, NPC shall retain a nationally recognized firm approved by PHI to perform such work. The consultants referenced in this Section 1.7 will be retained solely by NPC, but PH shall have the right to obtain copies of any documents or reports that they prepare. As provided for in Sections 5 and 10.9, NPC shall reimburse PH at Closing (or at such other time as contemplated by those provisions) for all actual or estimated costs incurred by PH in obtaining title insurance, surveys and/or environmental reports on behalf of NPC. Notwithstanding the foregoing however, NPC will not be responsible for the payment or reimbursement of any costs relating to title insurance, surveys and/or environmental reports on any of the subject real estate unless such service is specifically requested by NPC, and request is given forty-five (45) days prior to the Closing.

  • Insurance Companies Insurance required hereunder shall be in companies duly licensed to transact business in the State of Washington, and maintaining during the policy term a General Policyholders Rating of ‘A-’ or better and a financial rating of ‘IX’ or better, as set forth in the most current issue of “Best’s Insurance Guide.”

  • Title Policy The Title Company shall be prepared to issue, upon payment of the title premium at its regular rates, a title policy in the amount of the Purchase Price, insuring title to the Property is vested in the Purchaser or its designee or assignee, subject only to the Permitted Exceptions, with such endorsements as shall be reasonably required by the Purchaser.

  • Title Policies The Title Company shall be prepared, -------------- subject only to payment of the applicable premium, endorsement and related fees and delivery of all conveyance documents in recordable form, to issue a title insurance policy to Purchaser, subject only to the Permitted Encumbrances, in accordance with Section 3.3. -----------

  • Title Policy and Survey A. TITLE POLICY: Seller shall furnish to Buyer at Seller’s Buyer’s expense an owner policy of title insurance (Title Policy) issued by (Title Company) in the amount of the Sales Price, dated at or after closing, insuring Buyer against loss under the provisions of the Title Policy, subject to the promulgated exclusions (including existing building and zoning ordinances) and the following exceptions: (1) Restrictive covenants common to the platted subdivision in which the Property is located. (2) The standard printed exception for standby fees, taxes and assessments. (3) Liens created as part of the financing described in Paragraph 3. (4) Utility easements created by the dedication deed or plat of the subdivision in which the Property is located. (5) Reservations or exceptions otherwise permitted by this contract or as may be approved by Xxxxx in writing. (6) The standard printed exception as to marital rights. (7) The standard printed exception as to waters, tidelands, beaches, streams, and related matters. (8) The standard printed exception as to discrepancies, conflicts, shortages in area or boundary lines, encroachments or protrusions, or overlapping improvements: (i) will not be amended or deleted from the title policy; or (ii) will be amended to read, "shortages in area" at the expense of Buyer Seller. (9) The exception or exclusion regarding minerals approved by the Texas Department of Insurance.

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