Title Endorsement Sample Clauses
A Title Endorsement clause serves to modify or supplement the coverage provided by a standard title insurance policy. It typically addresses specific issues or risks related to the property's title, such as access rights, zoning compliance, or the existence of certain easements, by either expanding or limiting the insurer's liability. This clause is used to tailor title insurance to the unique circumstances of a transaction, thereby providing additional assurance or clarifying exceptions for the parties involved.
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Title Endorsement. Issuance to Lender of a CLTA Form 110.5(e) endorsement (or any substantially equivalent endorsement(s) as reasonably approved by Lender) to its ALTA Lender’s Title Policy for the Deed of Trust in form satisfactory to Lender and insuring the continued first lien priority of the Deed of Trust, except as such exceptions as may be approved by Lender in its sole discretion.
Title Endorsement. An endorsement to the Title Policy fully removing any exception for mechanics and materialman’s liens, whether filed or unfiled.
Title Endorsement. Contemporaneously with the execution and delivery hereof, Borrower shall, at Borrower’s sole cost and expense, obtain and deliver to Lender an endorsement of the Mortgagee Title Policy insuring the lien of the Deed of Trust under the applicable title insurance rules and regulations, in form and content reasonably acceptable to Lender, stating that the company issuing said Mortgagee Title Policy will not claim that policy coverage has terminated, or that policy coverage has been reduced, solely by reason of the execution of this Agreement and maintaining the liability thereunder for the period of limitation applicable to the indebtedness secured by the lien of the Deed of Trust calculated from the renewed and extended maturity date as provided herein.
Title Endorsement. Promptly following execution and delivery of this Agreement, Borrower shall have caused to be delivered to Lender at Borrower’s sole cost and expense, a CLTA form 110.5 (modification) endorsement to the title insurance policy insuring the lien of the Deed of Trust. Such endorsement shall assure the continuing priority of the Deed of Trust as modified by the modification of the Loan Documents herein and is subject only to the exceptions in Schedule B, Part I, of such policy and such additional exceptions, if any, as Lender shall have expressly approved, in its sole discretion.
Title Endorsement. An endorsement to the Title Policy changing the effective date thereof to the date of the satisfaction by the Borrower of the conditions set forth in this Section 12.6 and insuring lien free completion of the Improvements, which endorsement shall expressly or by virtue of a "pending disbursements" clause increase the coverage of the Title Policy to the aggregate amount of all Advances outstanding on the effective date of such endorsement without additional exceptions except for matters approved by the Agent.
Title Endorsement. Bank shall have received such assurance as Bank may require that the validity and priority of the Deed of Trust has not been and will not be impaired by this Agreement or the transactions contemplated by it, which may include but not be limited to an unconditional commitment of the Title Company to issue an additional advance endorsement (CLTA 108.8, or equivalent) and a modification endorsement (CLTA Endorsement No. 110.5 or equivalent) to be attached to the Title Policy, insuring the Deed of Trust to the same extent as the Title Policy without any additional exceptions or exclusions thereto with the premium and all costs associated therewith to have been paid in full by Borrower.
Title Endorsement. Concurrently with the recording of this Agreement, Trustor shall cause to be delivered to Agent at Trustor's sole cost and expense a CLTA 110.5 endorsement, in form and substance acceptable to Agent in its sole and absolute discretion, to Agent's existing title policy relating to the Security Instrument.
Title Endorsement. Title insurance for the Buildings dated down, to reflect no mechanic's, materialman's, contractor's supplier's or similar liens or claims affecting title to the Buildings.
Title Endorsement. Borrower shall have delivered to Lender an endorsement to the Title Policy, which endorsement: (i) insures Lender against filed and unfiled mechanics’ liens; (ii) increases the coverage under the Title Policy to the lesser of (x) full principal amount then advanced under the Loan and (y) the maximum amount of coverage under the Title Policy; (iii) insures that, since the date of the Title Policy or the most recent endorsement to the Title Policy, there has been no change in the vesting of title to the Premises (except for the lien of unpaid taxes, not yet due and payable), and (iv) changes the effective date of the Title Policy to the date of the advance being made by Lender, all in a form acceptable to Lender.
Title Endorsement. Landlord shall have received an endorsement to the Title Policy that brings forward the effective date of the Title Policy with no change in the status of title, insuring that there are no mechanics' liens and increasing the coverage by an amount equal to the disbursement then being made.