Separate Tax Lots. Each related Mortgaged Property constitutes one or more complete separate tax lots (or the related Mortgagor has covenanted to obtain separate tax lots and a Person has indemnified the mortgagee for any loss suffered in connection therewith or an escrow of funds in an amount sufficient to pay taxes resulting from a breach thereof has been established) or is subject to an endorsement under the related title insurance policy.
Appears in 11 contracts
Samples: Mortgage Loan Purchase Agreement (COBALT CMBS Commercial Mortgage Trust 2006-C1), Mortgage Loan Purchase Agreement (COBALT CMBS Commercial Mortgage Trust 2006-C1), Mortgage Loan Purchase Agreement (COBALT CMBS Commercial Mortgage Trust 2007-C3)
Separate Tax Lots. Each related Mortgaged Property constitutes one or more complete separate tax lots (or the related Mortgagor has covenanted to obtain will constitute separate tax lots and a Person has indemnified when the mortgagee for any loss suffered in connection therewith or an escrow of funds in an amount sufficient to pay taxes resulting from a breach thereof has been establishednext tax maps are issued) or is subject to an endorsement under the related title insurance policypolicy insuring for losses arising from any claim that the Mortgaged Property is not one or more separate tax lots.
Appears in 5 contracts
Samples: Mortgage Loan Purchase and Sale Agreement (Ge Commercial Mortgage Corp), Boana Mortgage Loan Purchase Agreement (GE Commercial Mortgage Corporation, Series 2007-C1 Trust), Gecc Mortgage Loan Purchase Agreement (GE Commercial Mortgage Corporation, Series 2007-C1 Trust)
Separate Tax Lots. Each related Mortgaged Property constitutes contains one or more complete separate tax lots (or the related Mortgagor has covenanted to obtain will constitute separate tax lots and a Person has indemnified when the mortgagee for any loss suffered in connection therewith or an escrow of funds in an amount sufficient to pay taxes resulting from a breach thereof has been establishednext tax maps are issued) or is subject to an endorsement under the related title insurance policy.
Appears in 3 contracts
Samples: Master Repurchase Agreement (Ready Capital Corp), Master Repurchase Agreement (Sutherland Asset Management Corp), Master Repurchase Agreement (Sutherland Asset Management Corp)
Separate Tax Lots. Each related Mortgaged Property constitutes contains one or more complete separate tax lots (or the related Mortgagor has covenanted to obtain will constitute separate tax lots and a Person has indemnified when the mortgagee for any loss suffered in connection therewith or an escrow of funds in an amount sufficient to pay taxes resulting from a breach thereof has been establishednext tax maps are issued) or is subject to an endorsement under the related title insurance policyTitle Policy.
Appears in 2 contracts
Samples: Master Repurchase Agreement (New York Mortgage Trust Inc), Master Repurchase Agreement (New York Mortgage Trust Inc)
