Real Property Covered by Title Policies. With respect to any Subject Asset that (a) constitutes real property or an interest in real property, and (b) is covered by a policy of title insurance that is in favor of, or otherwise provides protection in its capacity as owner to, Santa Fe (a "Title Policy"), the following provisions shall apply:
Appears in 4 contracts
Samples: Conveyance and Contribution Agreement (Monterey Resources Inc), Conveyance and Contribution Agreement (Monterey Resources Inc), Conveyance and Contribution Agreement (Monterey Resources Inc)