Mortgagee Title Policy Sample Clauses
Mortgagee Title Policy. Borrower shall have furnished Lender with the Mortgagee Title Policy.
Mortgagee Title Policy. Within sixty (60) days after the Restatement Date, the Borrower shall deliver to the Administrative Agent an evaluation or appraisal of the fair market value of the Javelina Gas Plant. The Administrative Agent shall cause a second mortgagee title policy to be issued by First American Title Insurance Company insuring a Lien against the Javelina Gas Plant in an amount equal to the fair market value of the Javelina Gas Plant. The Borrower shall pay the title insurance premium associated with such second mortgagee policy at the time such second mortgagee policy is issued.
Mortgagee Title Policy. By January 3, 2006, the Borrower shall deliver to the Administrative Agent an evaluation or appraisal of the fair market value of the Javelina Gas Plant. The Administrative Agent shall cause a second mortgagee title policy to be issued by First American Title Insurance Company insuring a Lien against the Javelina Gas Plant in an amount equal to the fair market value of the Javelina Gas Plant. The Borrower shall pay the title insurance premium associated with such second mortgagee policy at the time such second mortgagee policy is issued.
Mortgagee Title Policy. Borrowers shall have delivered to Agent a mortgagee title policy for the Xxxxxxx Real Property. 20 days
Mortgagee Title Policy. The original mortgagee title insurance policy (or the equivalent thereof with respect to any Mortgage Loan in which the related Mortgaged Property is located in a jurisdiction where such title insurance is not customarily provided) if such title insurance policy has been issued by the related title company prior to the Closing Date.
Mortgagee Title Policy. Borrower shall have furnished Lender with the Mortgage Title Policy.
Mortgagee Title Policy. Except for the Initial Advance, Borrower shall have furnished Lender with the Mortgagee Title Policy.
Mortgagee Title Policy. The original mortgagee title insurance policy (or the equivalent thereof with respect to any Mortgage Loan in which the related Mortgaged Property is located in a jurisdiction where such title insurance is not customarily provided) if such title insurance policy has been issued by the related title company prior to the Closing Date. The original of any security agreement, chattel mortgage, or equivalent document executed in connection with the Mortgage, if any. [DATE] Xxxxx Fargo Bank, National Association 0000 Xxxx Xxxxxx, Xxxxx 000 Xxxxxx, Xxxxxxxxxx 00000 Attention: Xxxxxxx Xxxxxxx Ladies and Gentlemen: This letter is being provided to you pursuant that certain Bailee Agreement dated [DATE] (“Bailee Agreement”), among Countrywide Home Loans, Inc. (“Seller”), Xxxxx Fargo Bank, National Association (“Bailee”) and DB Structured Products, Inc. (“Purchaser”). Please be advised that we have received the purchase proceeds for the Mortgage Loans identified on Schedule 1 attached hereto (“Purchased Mortgage Loans”). The Seller hereby notifies the Bailee that the Mortgage Files and the Collateral Documents for each Purchased Mortgage Loan have been released to the Purchaser. All capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Bailee Agreement. Sincerely, By: Name: Title: [DATE] Countrywide Home Loans, Inc. 0000 Xxxx Xxxxxxx Xxxxxxxxx, Xxxxxxxxxx 00000 Attention: Xxxxxx Xxxxxxxxx Re: Bailee Agreement dated [DATE] (“Bailee Agreement”) among DB Structured Products, Inc. (“Purchaser”), Countrywide Home Loans, Inc. (“Seller”) and Xxxxx Fargo Bank, National Association (“Bailee”) Ladies and Gentlemen: In accordance with the provisions of Paragraph 1 of the above-referenced Bailee Agreement, the undersigned, as the Bailee, hereby confirms that as to each mortgage loan described in the schedule attached hereto as Schedule 1, it has determined that it has all the Collateral Documents as listed and described on Annex 1 of the Bailee Agreement (except with respect to those items set forth on the exception report attached hereto as Schedule 2). The Bailee hereby confirms that it is holding each Collateral Document as agent and Bailee for the exclusive use and benefit of the Seller and upon receipt of the Facsimile Release the Bailee shall hold each Collateral Document as agent and bailee for the exclusive use and benefit of the Purchaser pursuant to the terms of the bailee Agreement. All initially capitaliz...
Mortgagee Title Policy. On the Closing Date, Purchaser, at its sole cost, will cause the Title Company to issue any title insurance policy required by the Purchaser’s lender (if any).