Dealer's Title Guarantee Sample Clauses

Dealer's Title Guarantee. Dealer agrees that not later than thirty (30) days from the Contract date, Dealer has taken all steps necessary to perfect Westlake's security interest in the Unit and has caused an application for title, and where separately applied for, registration, to the Unit to be submitted to the appropriate government agency in Customer's state of residence showing Westlake's interests in the Unit. Dealer guarantees to provide Westlake with an unbranded certificate of title or other appropriate evidence of Westlake's security interest in the Unit not later than sixty (60) days from the date Westlake purchases any Contract. Failure to provide such certificate of title or evidence of Westlake's security interest shall be cause for repurchase of the Contract pursuant to Section 6 of this Agreement.
AutoNDA by SimpleDocs

Related to Dealer's Title Guarantee

  • COURSE TITLE GE COURSE TITLE CHEM 115H Intro Gen Chem: Allied H (Hon) transfers as GE CHEM 101 Chemistry and Society CHEM 116 Intro Org & Bio Chem: AH Maj transfers as GE GE Natural Sciences CHEM 150 Gen Chem I: Science Majors transfers as GE CHEM 151 General Chemistry I CHEM 150H Gen Chem I: Science Maj (Hon) transfers as GE CHEM 151 General Chemistry I CHEM 151 Gen Chem II: Science Majors transfers as CHEM 152 General Chemistry II CHEM 151H Gen Chem II: Science Maj (Hon) transfers as CHEM 152 General Chemistry II CHEM 210 Organic Chem I transfers as CHEM 251 CHEM 261 Organic Chemistry: Theory I Organic Chemistry - Lab CHEM 211 Organic Chem II transfers as CHEM 252 CHEM 262 Organic Chemistry: Theory II Organic Chemistry - Lab CHLD 113 Child & Adol Growth & Dev transfers as GE PSYC 345 Psyc of Child & Adolescent Dev CHLD 121 Human Development transfers as GE PSYC 290 Human Growth and Development CHNS 101 Elementary Chinese (First Sem) transfers as XX XXXX 101 Elementary Chinese I CHNS 102 Elementary Chinese (Second Sem transfers as XX XXXX 102 Elementary Chinese II CIS 100 Computer Applications transfers as BUSI 240 Intro to Info Sys & Busi App CIS 101 Fund Comp Info Systems transfers as BUSI 240 Intro to Info Sys & Busi App COMM 101 Public Speaking transfers as GE COMM 111 Public Communication COMM 220 Intro to Mass Communication transfers as COMM 200 Intro to Mass Communication COUN 110 Coll Success Skills transfers as GE GE 100 First-Year Seminar CS 112 Intro to Comp Science II: Java transfers as CS 125 ENGR 125 Intro to Computer Science II Intro to Computer Science II CSIT 120 Fundamentals of Computer Infor transfers as BUSI 240 Intro to Info Sys & Busi App DRAM 105 Intro to Theatre transfers as GE THTR 115 Introduction to Theater DRAM 130 Acting I transfers as THTR 113 Acting Fundamentals ECON 101 Princ of Economics: Macro transfers as GE ECON 250 Principles of Macroeconomics ECON 102 Princ of Economics: Micro transfers as ECON 251 Principles of Microeconomics ENGL 100 Composition and Reading transfers as GE WRIT 110 Writing 1 ENGL 201 Crit Think/Comp/Lit transfers as GE ENGL 111 Studies in Literature FILM 110 Film History transfers as GE CINE 285 History of Film FREN 101 Elementary French (First Sem) transfers as GE FREN 101 Elementary French I FREN 102 Elementary French (Second Sem) transfers as GE FREN 102 Elementary French II FREN 201 Intermediate French (Third Sem transfers as FREN 201 Intermediate French I FREN 202 Intermediate French (Fourth Se transfers as FREN 202 Intermediate French II GEOG 101 GEOG 101L Physical Geography Physical Geography Lab transfers as GE GE GE Natural Sciences GE Natural Sciences Laboratory GEOG 104 World Geography transfers as HIST 210 World Geography GEOL 101 GEOL 101L General Geology General Geology Lab transfers as GE PHYC 130 Earth Science XXXX 101 Intro to Aging transfers as PSYC 355 Psych of Adult Development GRMN 101 Elementary German (First Sem) transfers as GE GERM 101 Elementary German I GRMN 102 Elementary German (Second Sem) transfers as GE GERM 102 Elementary German II GRMN 201 Intermediate German (Third Sem transfers as GERM 201 Intermediate German I GRMN 202 Intermediate German transfers as GERM 202 Intermediate German II HEAL 100 Nutrition Today transfers as UNRS 120 Fund. of Human Nutrition HEAL 101 Principles of Health transfers as GE PE 240 Health Education HEAL 101L Physical Fitness transfers as GE GE Fitness for Life HIST 100 World Hist to 1500 transfers as GE HIST 120 World Civilizations to 1648 HIST 101 World History since 1500 transfers as GE HIST 121 World Civilizations Since 1648 HIST 102 World History transfers as GE HIST 121 World Civilizations Since 1648 HIST 103 Western Civilization transfers as GE HIST 120 World Civilizations to 1648 HIST 104 Western Civilization transfers as GE HIST 121 World Civilizations Since 1648 HIST 108 History of Africa transfers as GE GE Humanities: History HIST 110 United States History to 1877 transfers as GE HIST 151 US History to 1877 HIST 111 United States Hist Since 1877 transfers as GE HIST 152 US History Since 1877 HIST 116 History of the Americas transfers as GE GE Humanities: History HIST 117 History of the Americas transfers as GE GE Humanities: History HIST 145 African-American transfers as GE GE Humanities: History HIST 146 African-American transfers as GE GE Humanities: History HUMN 101 Intro to the Arts transfers as GE GE Humanities: Fine Arts HUMN 201 Humanities of the West: Pre-Hi transfers as GE GE Humanities: History HUMN 202 Humanities of the West: Renais transfers as GE GE Humanities: History HUMN 205 Women in West Art and Lit transfers as GE GE Intercultural Competence HUMN 250 American Studies transfers as GE GE Humanities: History HUMN 251 American Studies transfers as GE GE Humanities: History ITAL 101 Elementary Italian (First Sem) transfers as GE GE Foreign Language 1st Qtr ITAL 102 Elementary Italian (Second Sem transfers as GE GE Foreign Language 2nd Qtr JAPN 101 Elem Japanese (First Sem) transfers as GE JAPA 101 Elementary Japanese I JAPN 102 Elem Japanese (Second Sem) transfers as GE JAPA 102 Elementary Japanese II JAPN 201 Intermediate Japanese (Third S transfers as GE GE Foreign Language 3rd Qtr JAPN 202 Intermediate Japanese (Fourth transfers as GE GE Foreign Language 4th Qtr KINE 101L Physical Fitness transfers as GE GE Fitness for Life KINE 111 Cardio Conditioning transfers as GE GE Fitness for Life KINE 112 Cardiorespiratory Stabilizatio transfers as GE GE Fitness for Life KINE 114 Cardiorespiratory Power Traini transfers as GE GE Fitness for Life KINE 117 Basketball Competition transfers as GE GE Fitness for Life KINE 118 Basketball Techniques transfers as GE GE Fitness for Life KINE 120 Golf, Beginning transfers as PE 102 Leisure Time Prep: Golf KINE 121 Golf, Intermediate transfers as PE 102 Leisure Time Prep: Golf KINE 136 Tennis, Beginning transfers as PE 104 Leisure Time Prep: Tennis KINE 137 Tennis, Intermediate transfers as PE 104 Leisure Time Prep: Tennis KINE 142 Weight Training transfers as GE FFL 116 Fit for Life: Weight Training KINE 150 Beginning Yoga transfers as GE GE Fitness for Life KINE 154 Intermediate Yoga transfers as GE GE Fitness for Life KINE 155 Advanced Yoga transfers as GE GE Fitness for Life KINE 171 Intercollegiate Basketball M/W transfers as GE GE Fitness for Life KINE 188 Intercollegiate Soccer M/W transfers as GE GE Fitness for Life KINE 236 Tennis, Advanced transfers as GE GE Fitness for Life LIT 120 Intro to Literature transfers as GE ENGL 111 Studies in Literature LIT 250 American Lit: First Contact Th transfers as GE GE Humanities: Literature LIT 251 American Lit: Mid-1800s to transfers as GE GE Humanities: Literature LIT 260 English Lit transfers as GE ENGL 222 English Literature to 1789 LIT 261 English Lit transfers as GE ENGL 232 English Literature Since 1789 LIT 270 World Literature to 1600 transfers as GE GE Humanities: Literature LIT 271 World Literature Since 1600 transfers as GE GE Humanities: Literature MATH 103 Statistics transfers as GE MATH 130 Introduction to Statistics MATH 105 Concepts & Structures of Elem transfers as MATH 201 Math Concepts for Elem Teacher MATH 115 Calculus W/Applications transfers as MATH 151 Applied Calculus I MATH 125 College Algebra transfers as GE MATH 110 College Algebra MATH 130 Trigonometry transfers as GE GE Quantitative Literacy MATH 135 Pre-Calculus Math transfers as MATH 150 Precalculus MATH 150 Calculus & Analytic Geo I transfers as MATH 165 Calculus I MATH 155 Calculus & Analytic Xxx XX transfers as MATH 166 MATH 167 Calculus II Sequences and Series MATH 226 Discrete Math transfers as MATH 280 Discrete Mathematics and Proof MATH 260 Calculus & Analytic Geo III transfers as MATH 268 MATH 269 Multivariable Calculus Vector Calculus MATH 265 Differential Equations transfers as GE GE Quantitative Literacy MATH 270 Linear Algebra transfers as GE GE Quantitative Literacy MUS 101 Music Theory I transfers as GE MUS 121 Music Theory I MUS 102 Theory II transfers as MUS 122 Music Theory II MUS 103 Musicianship transfers as MUS 133 Practical Musicianship I MUS 104 Inter. Musicianship transfers as MUS 134 Practical Musicianship II MUS 105 Music Fundamentals transfers as GE MUS 120 Music Fundamentals MUS 115 Intro to Music History transfers as GE GE Humanities: Fine Arts MUS 116 A Survey of World Music transfers as GE MUS 201 Introduction to World Music MUS 117 Music Appreciation transfers as GE GE Humanities: Fine Arts MUS 118 Music Appreciation transfers as GE GE Humanities: Fine Arts MUS 120 Beg Keyboard/Piano transfers as MUS 103 Beginning Piano Class MUS 121 Beg Keyboard/Piano II transfers as MUS 104 Elementary Piano Class MUS 130 Beginning Guitar transfers as MUS 110 Elementary Guitar Methods MUS 201 Adv Theory transfers as MUS 221 Music Theory III MUS 203 Adv Musicianship transfers as MUS 217 Practical Musicianship III MUS 220 Intermediate Keyboard/Piano I transfers as MUS 105 Intermediate Piano Class MUS 221 Interm Keyboard/Piano II transfers as MUS 106 Advanced - Intermediate Piano NUTR 100 Nutrition Today transfers as UNRS 120 Fund. of Human Nutrition OCEA 101 OCEA 101L Intro Oceanography Intro to Oceanography Lab transfers as GE GE GE Natural Sciences GE Natural Sciences Laboratory XXXX 101 Intro to Philosophy: Knowledge transfers as GE PHIL 100 Introduction to Philosophy PHSE 101L Physical Fitness transfers as GE GE Fitness for Life PHSE 111 Aerobics/Conditioning transfers as GE FFL 117 FFL: Cardio Strength Fusion PHSE 118 Basketball Techniques transfers as GE FFL 110 Fitness for Life:Basketball PHSE 120 Golf, Beg transfers as PE 102 Leisure Time Prep: Golf PHSE 121 Golf, Intermediate transfers as PE 102 Leisure Time Prep: Golf PHSE 136 Tennis, Beg transfers as PE 104 Leisure Time Prep: Tennis PHSE 137 Tennis, Intermediate transfers as PE 104 Leisure Time Prep: Tennis PHSE 140 Volleyball transfers as PE 103 Leisure Time Prep: Volleyball PHSE 141 Volleyball, Intermediate transfers as PE 103 Leisure Time Prep: Volleyball PHSE 142 Weight Training transfers as GE FFL 116 Fit for Life: Weight Training PHSE 150 Life Fitness transfers as GE GE Fitness for Life PHSE 171 Intercoll Basketball transfers as GE GE Fitness for Life PHSE 188 Intercollegiate Soccer, Women transfers as GE GE Fitness for Life PHYS 111 Intro Physics I transfers as GE PHYC 151 Physics for Life Sciences I PHYS 112 Intro Physics II transfers as PHYC 152 Physics for Life Sciences II PHYS 151 Prin of Physics I transfers as GE PHYC 161 Physics for Sci & Engineer I PHYS 152 Principles of Physics II transfers as PHYC 162 Physics for Sci & Engineer II PLSC 101 Introduction to Political Scie transfers as POLI 160 Introduction to Politics PLSC 102 American Institutions and Hist transfers as XX XXXX 150 American Government PLSC 103 Comparative Government transfers as GE GE Civic Know. & Engagement PLSC 150 Intro to International Relatio transfers as GE GE Civic Know. & Engagement PSYC 101 General Psychology transfers as GE PSYC 110 General Psychology PSYC 101H General Psychology Honors transfers as GE PSYC 110 General Psychology PSYC 103 Social Psychology transfers as PSYC 320 Social Psychology PSYC 104 Stats for Behavioral Science transfers as GE MATH 130 Introduction to Statistics PSYC 114 Abnormal Psych transfers as PSYC 360 Abnormal Psychology PSYC 121 Human Development transfers as GE PSYC 290 Human Growth and Development PSYC 145 Psych/Sociology of the Family transfers as PSYC 445 Psychology of the Family PSYC 205 Research Methods in Psychology transfers as GE PSYC 362 Research Methods in Psychology PSYC 211 Learning & Behavior Modificati transfers as PSYC 405 Psychology of Learning PSYC 260 Physiological Psych transfers as PSYC 292 Intro to Brain and Behavior SOC 101 Intro to Sociology transfers as GE SOC 120 Introduction to Sociology SOC 102 Social Problems transfers as SOC 225 Contemporary Social Problems SOC 103 Social Psychology transfers as PSYC 320 Social Psychology SOC 104 Statistics for Behavioral Scie transfers as GE MATH 130 Introduction to Statistics SOC 104H Stats for Behavioral Sciences transfers as GE MATH 130 Introduction to Statistics SOC 145 Sociology of the Family transfers as PSYC 445 Psychology of the Family SPAN 101 Elem Spanish First Semester transfers as GE SPAN 101 Elementary Spanish I SPAN 102 Elem Spanish Second Semester transfers as GE SPAN 102 Elementary Spanish II SPAN 201 Inter Spanish Third Semester transfers as SPAN 201 Intermediate Spanish I SPAN 202 Interm Spanish 4th Semester transfers as SPAN 202 Intermediate Spanish II

  • Continuing Security Interest This Agreement shall create a continuing security interest in the Pledged Property and shall: (i) remain in full force and effect until payment in full of the Obligations; and (ii) be binding upon the Company and its successors and heirs and (iii) inure to the benefit of the Secured Party and its successors and assigns. Upon the payment or satisfaction in full of the Obligations, the Company shall be entitled to the return, at its expense, of such of the Pledged Property as shall not have been sold in accordance with Section 5.2 hereof or otherwise applied pursuant to the terms hereof.

  • Continuing Security Interest; Assignment This Agreement shall create a continuing security interest in the Pledged Collateral and shall (i) be binding upon the Pledgors, their respective successors and assigns and (ii) inure, together with the rights and remedies of the Administrative Agent hereunder, to the benefit of the Administrative Agent and the other Secured Parties and each of their respective successors, transferees and assigns. No other Persons (including any other creditor of any Pledgor) shall have any interest herein or any right or benefit with respect hereto. Without limiting the generality of the foregoing clause (ii), any Secured Party may assign or otherwise transfer any indebtedness held by it secured by this Agreement to any other person, and such other person shall thereupon become vested with all the benefits in respect thereof granted to such Secured Party, herein or otherwise, subject however, to the provisions of the Credit Agreement. Each of the Pledgors agrees that its obligations hereunder and the security interest created hereunder shall continue to be effective or be reinstated, as applicable, if at any time payment, or any part thereof, of all or any part of the Obligations is rescinded or must otherwise be restored by the Secured Party upon the bankruptcy or reorganization of any Pledgor or otherwise.

  • Continuing Security Interest; Transfer of Notes This Security Agreement shall create a continuing security interest in the Collateral and shall (a) remain in full force and effect until payment in full in cash of all Secured Obligations, the termination or expiration of all Letters of Credit and the termination of all Commitments, (b) be binding upon the Grantor, its successors, transferees and assigns, and (c) inure, together with the rights and remedies of the Collateral Agent hereunder, to the benefit of the Collateral Agent and each other Secured Party. Without limiting the generality of the foregoing clause (c), any Lender may assign or otherwise transfer (in whole or in part) any Note or Credit Extension held by it to any other Person or entity, and such other Person or entity shall thereupon become vested with all the rights and benefits in respect thereof granted to such Lender under any Loan Document (including this Security Agreement) or otherwise, subject, however, to any contrary provisions in such assignment or transfer, and to the provisions of Article XIII of the Credit Agreement. Upon the payment in full in cash of all Secured Obligations, the termination or expiration of all Letters of Credit and the termination of all Commitments, the security interest granted herein shall terminate and all rights to the Collateral shall revert to the Grantor. Upon any such termination, the Collateral Agent will, at the Grantor's sole expense, execute and deliver to the Grantor such documents as the Grantor shall reasonably request to evidence such termination. Upon any sale or other transfer of Collateral permitted by the terms of the Credit Agreement, the security interest created hereunder in such Collateral (but not in the proceeds thereof) shall be deemed to be automatically released and the Collateral Agent will, at the Grantor's sole expense, execute and deliver to the Grantor such documents as the Grantor shall reasonably request to evidence such release.

  • OBLIGATIONS OF LESSEE The Lessee shall be primarily responsible whenever needed for the maintenance and general pickup of the entranceway leading into the Premises, so that this is kept in a neat, safe and presentable condition. The Lessee shall also be responsible for all minor repairs and maintenance of the leasehold Premises, particularly those items which need immediate attention and which the Lessees, or their employees, can do and perform on their own, including but not limited to, the replacement of light bulbs, as well as the normal repair and cleaning of windows, cleaning and clearing of toilets, etc., and the Lessee shall properly maintain the Premises in a good, safe, and clean condition. The Lessee shall properly and promptly remove all rubbish and hazardous wastes and see that the same are properly disposed of according to all local, state or federal laws, rules regulations or ordinances. In the event the structure of the Premises is damaged as a result of any neglect or negligence of Lessee, their employees, agents, business invitees, or any independent contractors serving the Lessee or in any way as a result of Lessee’s use and occupancy of the Premises, then the Lessee shall be primarily responsible for seeing that the proper claims are placed with the Lessee’s insurance company, or the damaging party's insurance company, and shall furthermore be responsible for seeing that the building is safeguarded with respect to said damage and that all proper notices with respect to said damage, are made in a timely fashion, including notice to the Lessor, and the party or parties causing said damage. Any damage that is not covered by an insurance company will be the liability of the Lessee. The Lessee shall, during the term of this Lease, and in the renewal thereof, at its sole expense, keep the interior of the Premises in as good a condition and repair as it is at the date of this Lease, reasonable wear and use excepted. This obligation would include the obligation to replace any plate glass damaged as a result of the neglect or acts of Lessee or her guests or invitees. Furthermore, the Lessee shall not knowingly commit nor permit to be committed any act or thing contrary to the rules and regulations prescribed from time to time by any federal, state or local authorities and shall expressly not be allowed to keep or maintain any hazardous waste materials or contaminates on the Premises. Lessee shall also be responsible for the cost, if any, which would be incurred to bring her contemplated operation and business activity into compliance with any law or regulation of a federal, state or local authority.

  • Guarantee and Security Agreement The Guarantee and Security Agreement, duly executed and delivered by each of the parties to the Guarantee and Security Agreement.

  • Pledge and Security Interest CUC hereby pledges and lawfully grants to Telesource a security interest in and to the Escrow Account and all funds and assets at any time contained therein, whether in the form of cash, bonds, bills, notes, securities, other instruments, or other obligations, regardless of where or by which person or entity the Escrow Account or such funds or assets shall be held. For purposes of this Agreement and Telesource's continuing security interest in the Escrow Account, the Agent shall maintain at its principal office at the address stated above in ________________, ________________, the funds and other assets comprising the Escrow Account or evidence of record and/or beneficial ownership thereof in accordance with the terms of this Agreement. This Agreement and the Escrow Account shall secure, for the benefit of Telesource and its successors and assign, all current and future obligations of CUC to Telesource pursuant to the Contract and the Notes and any successor instrument thereto. Each party hereto agrees and covenants to take all such action as may be reasonably requested of it to perfect Telesource's first priority security interest in the Escrow Account; provided however, that such security interest shall not be superior to the Agent's rights to be compensated or indemnified in accordance with the terms hereof. Without the prior written consent of Telesource, CUC will not sell, assign, transfer or otherwise dispose of, grant any option with respect to, or mortgage, pledge or otherwise encumber to any person other than Telesource all or part of the Escrow Account or any interest therein. If there occurs any change in the law, rules or regulation or any judicial decision or any other event or circumstance pertaining to or affecting rights of creditors in bankruptcy or insolvency proceedings the result of which would be to increase the likelihood in Telesource's view that the Escrow Account would not or may not be available to Telesource for the purposes described herein and in the Contract, CUC agrees, upon Telesource's request, (i) to negotiate in good faith with Telesource changes in this Agreement and/or the entire mechanism by which CUC's obligations under the Contract and the Notes are secured and (ii) to permit Telesource to hold the balance of the Escrow Account in an account in Telesource's name in an institution selected by Telesource, which institution shall have a combined capital and surplus of not less than $100 million. Telesource shall bear its own costs of such negotiations and associated document preparation. CUC shall not be obligated to accept any new arrangement which increases the amount of collateral that it must provide to secure its repayment and payment obligations under this Agreement. In the event that there is any change in the location of all or part of the Escrow Account, CUC agrees to take all action requested by Telesource to amend, modify or replace Telesource's filings perfecting its security interest in the Escrow Account, or to enable Telesource to effect any required new or additional filing to perfect its said security interest.

  • Permitted Liens; Title Insurance Each Mortgaged Property securing a Mortgage Loan is covered by an American Land Title Association loan title insurance policy or a comparable form of loan title insurance policy approved for use in the applicable jurisdiction (or, if such policy is yet to be issued, by a pro forma policy, a preliminary title policy or a “marked up” commitment, in each case with escrow instructions and binding on the title insurer) (the “Title Policy”) in the original principal amount of such Mortgage Loan (or with respect to a Mortgage Loan secured by multiple properties, an amount equal to at least the allocated loan amount with respect to the Title Policy for each such property) after all advances of principal (including any advances held in escrow or reserves), that insures for the benefit of the owner of the indebtedness secured by the Mortgage, the first priority lien of the Mortgage (which lien secures the related Whole Loan, in the case of a Mortgage Loan that is part of a Whole Loan), which lien is subject only to (a) the lien of current real property taxes, water charges, sewer rents and assessments not yet due and payable; (b) covenants, conditions and restrictions, rights of way, easements and other matters of public record specifically identified in the Title Policy; (c) the exceptions (general and specific) and exclusions set forth in such Title Policy; (d) other matters to which like properties are commonly subject; (e) the rights of tenants (as tenants only) under leases (including subleases) pertaining to the related Mortgaged Property; (f) if the related Mortgage Loan constitutes a Crossed Underlying Loan, the lien of the Mortgage for another Mortgage Loan contained in the same Crossed Mortgage Loan Group, and (g) condominium declarations of record and identified in such Title Policy, provided that none of clauses (a) through (g), individually or in the aggregate, materially and adversely interferes with the value or principal use of the Mortgaged Property, the security intended to be provided by such Mortgage, or the current ability of the related Mortgaged Property to generate net cash flow sufficient to service the related Mortgage Loan or the Mortgagor’s ability to pay its obligations when they become due (collectively, the “Permitted Encumbrances”). For purposes of clause (a) of the immediately preceding sentence, any such taxes, assessments and other charges shall not be considered due and payable until the date on which interest and/or penalties would be payable thereon. Except as contemplated by clause (f) of the second preceding sentence none of the Permitted Encumbrances are mortgage liens that are senior to or coordinate and co-equal with the lien of the related Mortgage. Such Title Policy (or, if it has yet to be issued, the coverage to be provided thereby) is in full force and effect, all premiums thereon have been paid and no claims have been made by the Mortgage Loan Seller thereunder and no claims have been paid thereunder. Neither the Mortgage Loan Seller, nor to the Mortgage Loan Seller’s knowledge, any other holder of the Mortgage Loan, has done, by act or omission, anything that would materially impair the coverage under such Title Policy. Each Title Policy contains no exclusion for, or affirmatively insures (except for any Mortgaged Property located in a jurisdiction where such affirmative insurance is not available in which case such exclusion may exist), (a) that the Mortgaged Property shown on the survey is the same as the property legally described in the Mortgage and (b) to the extent that the Mortgaged Property consists of two or more adjoining parcels, such parcels are contiguous.

  • Prior Assignments; Pledges Except for the sale to the Assignee, the Assignor has not assigned or pledged any Mortgage Note or the related Mortgage or any interest or participation therein.

  • Pledges For avoidance of doubt, the parties to this Agreement acknowledge that the provisions of this Section concerning assignments of Loans and Notes relate only to absolute assignments and that such provisions do not prohibit assignments creating security interests, including, without limitation, any pledge or assignment by a Lender of any Loan or Note to any Federal Reserve Bank or any other central bank having jurisdiction over such Lender in accordance with applicable law.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!