Examples of Adverse Entry in a sentence
This policy will cover you, the Insured, against Actual Loss incurred by you by reason of an Adverse Entry which existed at the Policy Date but was not fully disclosed to that you in the Search Report; Under the Financial Services Authority regulations we are required to advise details of the contract of insurance recommended.
Subject to the terms and conditions of this policy and as the circumstances may require First Title will do either or both of the following:2.1 indemnify each Insured against Actual Loss incurred by that Insured by reason of an Adverse Entry which existed at the Policy Date but was not fully disclosed to that Insured in the Search Report; and/or2.2 at First Title’s option, defend the Insured(s) for the risks insured by this policy.
The SRIP provides cover in respect of an Adverse Entry to the level; of (a) £2 million for a Regulated Local Authority Search and (b) £1 million for a Regulated Commercial Water and Drainage Search.
This policy will cover you, the Insured, against Actual Loss incurred by you by reason of an Adverse Entry which existed at the Policy Date but was not fully disclosed to that you in the Search Report;Under the Financial Services Authority regulations we are required to advise details of the contract of insurance recommended.
This indemnifies the Lender against the lesser of the deficit or that part of the deficit which results directly from the difference between the Market Value of the property without the Adverse Entry and the Market Value with the Adverse Entry.Local Search Enquiries Subjects:Date of Search Report: Search Report No:123 Sample Road, Sampletown, Anywhere.
You cannot claim the benefit of more than one Policy in relation to the Property.2. If You receive information about any claim or Loss or any circumstance for which We may be responsible under this Policy, You must contact Us as soon as possible with full details, including a copy of the original Search, this Policy, and the document that reveals an Adverse Entry.
Our liability to a Customer in respect of an Adverse Entry is limited to this level of cover.
Subject to the terms and conditions of this policy and as the circumstances may require First Title will do either or both of the following:Searches2.1 indemnify each Insured against Actual Loss incurred by that Insured by reason of an Adverse Entry which existed at the Policy Date but was not fully disclosed to that Insured in the Search Report; and/or2.2 at First Title’s option, defend the Insured(s) for the risks insured by this policy.
In the event of the termination of the Lease by reason of any default thereunder by Landlord, upon Lender’s written request, given within thirty (30) days after any such termination, Tenant, within fifteen (15) days after receipt of such request, shall execute and deliver to Lender or its designee or nominee a new lease of the Premises for the remainder of the term of the Lease upon all of the terms, covenants and conditions of the Lease.
The insurance given under the Search Report Insurance Policy protects against Actual loss suffered because of an Adverse Entry which existed, or should have existed, in the records of an Appropriate Body and affected the Land at the time a Search Report was compiled but was not fully disclosed in the Search Report.