Title Insurance Company Requirements. The maximum single risk (i.e., the amount insured under any one policy) by a title insurer may not exceed 25% of that insurer’s surplus and statutory reserves. Reinsurance must be obtained by closing for any policy exceeding such amount.
Appears in 6 contracts
Samples: Secured Loan Agreement (Sentio Healthcare Properties Inc), Secured Loan Agreement (Sentio Healthcare Properties Inc), Secured Loan Agreement (Sentio Healthcare Properties Inc)
Title Insurance Company Requirements. The maximum single risk (i.e., the amount insured under any one policy) by a title insurer may not exceed 25% of that insurer’s 's surplus and statutory reserves. Reinsurance must be obtained by closing for any policy exceeding such amount.
Appears in 5 contracts
Samples: Loan Agreement, Loan Agreement (CNL Healthcare Properties II, Inc.), Term Loan and Security Agreement (Lexicon Pharmaceuticals, Inc.)