Mortgage Title Insurance. Any moneys received by the mortgagees or beneficiaries under a Mortgage relating to an Owned Facility as payment for any loss under any policy of mortgage title insurance which was delivered by NHLP shall become part of the Mortgaged Property and shall be paid and applied in the same manner contemplated by Section 3.3 hereof.
Mortgage Title Insurance. Any moneys received by the Mortgagee as payment for any loss under any policy of mortgage title insurance which was delivered by the Company shall become part of the Collateral.
Mortgage Title Insurance. On the Initial Borrowing Date, the Collateral Agent shall have received:
(i) fully executed counterparts of mortgages, deeds of trust or deeds to secure debt, in each case in form and substance reasonably satisfactory to the Administrative Agent (as modified, supplemented or amended from time to time, each a "Mortgage" and, collectively, the "Mortgages"), which Mortgages shall cover such of the Real Property owned or leased by Adience and its Domestic Subsidiaries as shall be designated on Schedule III (each a "Mortgaged Property" and, collectively, the "Mortgaged Properties"), together with evidence that counterparts of the Mortgages have been delivered to the title insurance company insuring the Lien of the Mortgages for recording in all places to the extent necessary or, in the reasonable opinion of the Collateral Agent, desirable to effectively create a valid and enforceable first priority mortgage lien on each Mortgaged Property in favor of the Collateral Agent (or such other trustee as may be required or desired under local law) for the benefit of the Secured Creditors; and
(ii) a mortgagee title insurance policy on each Mortgaged Property issued by Lawyers Title Insurance Company or such other title insurer as is reasonably satisfactory to the Collateral Agent (the "Mortgage Policies") in amounts satisfactory to the Administrative Agent assuring the Collateral Agent that the Mortgages on such Mortgaged Properties are valid and enforceable first priority mortgage liens on the respective Mortgaged Properties, free and clear of all defects and encumbrances except Permitted Encumbrances and such Mortgage Policies shall otherwise be in form and substance reasonably satisfactory to the Administrative Agent and shall include, as appropriate, an endorsement for future advances under this Agreement and the Notes and for any other matter that the Administrative Agent in its reasonable discretion may reasonably request, shall not include an exception for mechanics' liens, and shall provide for affirmative insurance as the Administrative Agent in its discretion may reasonably request.
Mortgage Title Insurance. A paid policy of mortgage title insurance (in the current standard ALTA form), without exceptions, containing zoning (either ALTA Form 3.0 or ALTA Form 3.1, as the Bank requires), comprehensive, survey, access and such other endorsements as the Bank requests, issued by a company satisfactory to the Bank in the full amount of the Loan. The policy shall insure that the Bank is a first mortgagee of the Project and that title to the Project is in the Borrower, free and clear of all easements, restrictions, defects, liens, claims, charges and encumbrances, except those indicated in the Mortgage or otherwise approved by the Bank.
Mortgage Title Insurance. The Collateral Agent shall have obtained the following documents:
(i) evidence (in form and substance satisfactory to the Administrative Agent) that all easements and other rights-of-way necessary for the operation of the Chicago District Cooling Project are in full force and effect;
(ii) (A) a mortgagee policy of title insurance in ALTA form issued by the Title Insurance Company, insuring the validity and priority of the Liens created under each of the Subsidiary Mortgages entered into on the Effectiveness Date for and in amounts satisfactory to the Administrative Agent, subject only to such exceptions as are satisfactory to the Administrative Agent; (B) one or more title reports issued by the Title Insurance Company of the property interests covered by each such Subsidiary Mortgage, indicating only such exceptions as are satisfactory to the Administrative Agent; and (C) to the extent necessary under Governmental Rules, for filing in the appropriate offices, uniform commercial code financing statements covering fixtures included as collateral under any of the Security Documents entered into on the Effectiveness Date, in each case appropriately completed and, if applicable, duly executed; and
(iii) surveys of recent date of each of the facilities and real property covered by each Subsidiary Mortgage entered into on the Effectiveness Date, showing such matters as may be reasonably required by the Administrative Agent, which surveys shall be in form and content acceptable to the Administrative Agent.
Mortgage Title Insurance. The Lender shall have received a policy of mortgage title insurance on American Land Title Association standard loan policy, revised coverage, most recent form (or other form acceptable to the Lender), with respect to the Site, which policy shall be issued by a title company or companies reasonably acceptable to the Lender and shall insure that the Mortgage constitutes a valid, first lien on the leasehold estate of the Borrower in the Site and on all improvements thereon, subject only to Permitted Exceptions. Such policy shall include mechanics' lien coverage and any and all endorsements thereto as shall be reasonably required by the Lender. Such policy shall be satisfactory in form and substance to the Lender and shall insure the Lender against loss in an amount not less than the sum of the aggregate unpaid Term Notes (from time to time outstanding).
Mortgage Title Insurance. CIT shall have received, in form and substance to CIT, (i) an executed Modification Agreement with respect to the Mortgage and (ii) an update to the mortgagee title insurance policy in effect prior to the Closing Date in favor of CIT, which shall continue to insure the Mortgage as a valid Lien on the Real Property with no exceptions which CIT shall not have approved in writing and no survey exceptions.
Mortgage Title Insurance. The Bank shall have received mortgagee title insurance policies from an ALTA Insurance Company in form, scope and substance satisfactory to the Bank and its counsel, which shall insure the Bank's valid third mortgage on the Weston Property and which shall insure Bank's valid third mortgage on the Darien Property.
Mortgage Title Insurance. 53 5.15 Projections; Pro Forma Balance Sheet.......................55 5.16 Solvency Certificate; Environmental Analyses; Insurance Analyses...................................................55 5.17 Fees, etc..................................................55 5.18
Mortgage Title Insurance. 55 5.15 Projections; Pro Forma Balance Sheet................ 55 5.16 Solvency Certificate; Environmental Analyses; Insurance Analyses.................................. 56 5.17 Fees, etc........................................... 56 5.18 Termination of Confidentiality Undertakings......... 57 5.19 Repayment of 11% Senior Secured Notes............... 57 SECTION 6. Conditions Precedent to All Credit Events........... 57 6.01 No Default; Representations and Warranties.......... 57 6.02 Notice of Borrowing; Letter of Credit Request....... 57 SECTION 7.
