Common use of Extended Coverage Clause in Contracts

Extended Coverage. “Extended Coverage” means the deletion from the Title Policy of general exceptions for survey matters, unrecorded easements, mechanics’ liens, unrecorded liens for taxes and assessments and rights of parties in possession (to the extent such deletions are customarily offered by the Title Company in the jurisdiction where the Hotel is located).

Appears in 4 contracts

Samples: Agreement of Purchase and Sale (Chesapeake Lodging Trust), Purchase and Sale Agreement (Highland Hospitality Corp), Purchase and Sale Agreement (Apple REIT Seven, Inc.)

AutoNDA by SimpleDocs

Extended Coverage. Extended Coverage" means the deletion from the Title Policy of general exceptions for survey matters, unrecorded easements, mechanics' liens, unrecorded liens for taxes and assessments and rights of parties in possession (to the extent such deletions are customarily offered by the Title Company in the jurisdiction where the Hotel is located)possession.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (CNL Hospitality Properties Inc)

Extended Coverage. “Extended Coverage” means the deletion from the Title Policy of general exceptions for survey matters, unrecorded easements, mechanics’ liens, unrecorded liens for taxes and assessments and rights of parties in possession (to the extent such deletions are customarily offered by the Title Company in the jurisdiction where the Hotel is located).such

Appears in 1 contract

Samples: Agreement of Purchase and Sale of Real Property

AutoNDA by SimpleDocs

Extended Coverage. “Extended Coverage” means the deletion from the Title Policy of general exceptions for survey matters, unrecorded easements, mechanics’ liens, unrecorded liens for taxes and assessments and rights of parties in possession (under unrecorded leases, to the extent such deletions are customarily offered by the Title Company in the jurisdiction state where the Hotel is located)located and (if applicable) that Buyer satisfies the condition specified in Section 4.2.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Marcus Corp)

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