Common use of Title Endorsements Clause in Contracts

Title Endorsements. Administrative Agent shall have received a commitment from the Title Company to issue a bring-down endorsement to the Title Policy in form and substance satisfactory to Administrative Agent, extending and increasing the coverage to include the date and the amount of the requested Advance, together with such other endorsements required by Administrative Agent to continue to insure the Lien of the Mortgage as a prior and paramount Lien on the Mortgaged Property subject only the Permitted Encumbrances and any other matter approved by Administrative Agent in writing. Administrative Agent shall have also received any endorsement required by Section 4.02(b) hereof.