Title Insurance Policies. An ALTA (or equivalent) mortgagee policy or policies of title insurance in the maximum amount of the Loans, or equivalent endorsements to Lender’s existing title policies, with reinsurance and endorsements as Agent may require, containing no exceptions to title (printed or otherwise) which are unacceptable to Agent, and insuring that the Mortgage are a first-priority Lien on the Projects and related collateral (the “Title Policies”).
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Title Insurance Policies. An ALTA (or equivalent) mortgagee policy or policies of title insurance in the maximum amount of the Loans, or equivalent endorsements to Lender’s existing title policiesLoan, with reinsurance and endorsements as Agent may require, containing no exceptions to title (printed or otherwise) which are unacceptable to Agent, and insuring that the Mortgage applicable Security Documents are a first-priority Lien on the Projects and related collateral (the “"Title Policies”Policy").
Appears in 1 contract
Samples: Loan Agreement (Emeritus Corp\wa\)
Title Insurance Policies. An ALTA (or equivalent) mortgagee policy or policies of title insurance in the maximum amount of the Loans, or equivalent endorsements to Lender’s existing title policies, with reinsurance and endorsements as Agent may require, containing no exceptions to title (printed or otherwise) which are unacceptable to Agent, and insuring that the Mortgage Security Documents are a first-priority Lien on the Projects and related collateral (the “Title Policies”).
Appears in 1 contract
Samples: Loan Agreement (Ensign Group, Inc)
Title Insurance Policies. An ALTA (or equivalent) mortgagee policy or policies of title insurance in the maximum amount of the Loans, or equivalent endorsements to Lender’s existing title policiesLoan, with reinsurance and endorsements as Agent may require, containing no exceptions to title (printed or otherwise) which are unacceptable to Agent, and insuring that the Mortgage Security Documents are a first-priority Lien on the Projects and related collateral (the “"Title Policies”Policy").
Appears in 1 contract
Title Insurance Policies. An ALTA (or equivalent) mortgagee policy or policies of title insurance in the maximum amount of the Loans, or equivalent endorsements to Lender’s existing title policiesLoan, with reinsurance and endorsements as Agent may require, containing no exceptions to title (printed or otherwise) which are unacceptable to Agent, and insuring that the Mortgage Security Documents are a first-priority Lien on the Projects and related collateral (the “Title Policies”"TITLE POLICIES").
Appears in 1 contract
Title Insurance Policies. An ALTA (or equivalent) mortgagee policy or policies of title insurance in the maximum amount of the Loans, or equivalent endorsements to Lender’s existing title policiesLoan, with reinsurance and endorsements as Agent may require, containing no exceptions to title (printed or otherwise) which are unacceptable to Agent, and insuring that the Mortgage Security Documents are a first-priority Lien on the Projects and related collateral (the “"Title Policies”").
Appears in 1 contract
Samples: Loan Agreement (Ensign Group, Inc)