CLTA Policy definition

CLTA Policy means a California Land Title Association standard coverage owner’s policy of title insurance, in the current form used by the Title Company.
Sample 1Sample 2Sample 3
CLTA Policy means a standard coverage owner's policy of title insurance.
Sample 1Sample 2Sample 3

Examples of CLTA Policy in a sentence

  • Except as otherwise specifically provided herein, the cost of any escrow fees, the charge for preparation of escrow documents, the CLTA Policy of Title Insurance as described above, and all other costs of escrow and closing are to be shared equally by BUYER and AGENCY.

  • Escrow Holder shall also deliver to Buyer a CLTA Policy of Title Insurance showing title to the Subject Property vested in Buyer, at Buyers option and expense.

  • Except as otherwise specifically provided herein, the cost of any escrow fees, the charge for preparation of escrow documents, the CLTA Policy of Title Insurance as described above, and all other costs of escrow and closing are to be shared equally by BUYER and COUNTY.

  • The cost of the premium for the CLTA Policy shall be paid solely by Optionee.

  • This Agreement is subject to the condition precedent that on or before the Effective Date, the Title Company shall issue a CLTA Policy (the "CLTA Policy") in the form of the Pro Forma attached hereto as Exhibit "E" (the "Pro Forma").

  • Except as otherwise specifically provided herein, the cost of any escrow fees, the charge for preparation of escrow documents, recording costs, if any, the CLTA Policy of Title Insurance as described above, and all other costs of escrow and closing are to be paid by Xxxxx.

  • CLTA Policy, (c) the cost of any endorsements to the Title Policy that may be necessary to insure over any Permitted Encumbrance specific to the Land that, in Buyer’s sole discretion exercised in good faith, materially and adversely affects title to, or the development or use of, the Land, and (d) all transfer taxes and/or deed stamps payable as a result of the conveyance of title to the Land to Buyer.

  • Redeveloper's fee interest in the Convention Center Parcel shall be insured by a standard form, CLTA Owners Policy of title insurance, and Redeveloper's leasehold interest in the balance of the Property shall be insured as of the Effective Date by a CLTA Policy of Leasehold Title Insurance (the "Leasehold Policy") to be purchased and paid for by Agency.

  • Escrow Holder is hereby instructed to deliver the CLTA Policy (or if elected by Buyer, the ALTA Policy) to Buyer through Escrow.

  • The premium cost of the Title Policy shall be paid as follows: That portion of the premium cost equivalent to the premium for a 2006 CLTA Policy with survey exception and without any endorsements shall be paid by Seller and the remainder of the premium cost for a Title Policy obtained by Buyer shall be paid by Buyer.

Related to CLTA Policy

  • R&W Policy means those certain buyer-side representations and warranties insurance policies purchased by Buyer in connection with this Agreement.

  • R&W Insurance Policy has the meaning set forth in Section 6.15.

  • Life Insurance Policy has the meaning given in Section 6.11.

  • Title Insurance Policy A title insurance policy maintained with respect to a Mortgage Loan.

  • Master Policy means a single worker’s compensation insurance policy issued by an insurer authorized to do business in this state to an employee leasing company in the name of the employee leasing company that covers more than one client of the employee leasing company.

  • D&O Policy has the meaning set forth in Section 6.18(b).

  • Policy means Related Party Transaction Policy.

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.

  • D&O Tail Policy has the meaning set forth in Section 5.8(c).

  • Blanket insurance policy means a group policy covering a defined class of

  • Group Policy /”policy” means the breakdown policy as set out in this document;

  • Special Primary Insurance Policy Any Primary Insurance Policy covering a Mortgage Loan the premium of which is payable by the Trustee pursuant to Section 4.04(a), if so identified in the Mortgage Loan Schedule. There are no Special Primary Insurance Policies with respect to any of the Mortgage Loans.

  • Support Policy shall have the meaning given to it in the Support Terms (defined below).

  • Primary Insurance Policy Each policy of primary mortgage guaranty insurance or any replacement policy therefor with respect to any Mortgage Loan.

  • Health insurance policy means a policy that provides specified benefits for hospital and/or general treatment and meets all requirements under section 63-10 of the Private Health Insurance Act 2007.

  • Required Insurance Policy With respect to any Mortgage Loan, any insurance policy that is required to be maintained from time to time under this Agreement.

  • CSR Policy means the present Corporate Social Responsibility Policy of the Company, which covers the activities to be undertaken by the Company as specified in Schedule VII to the Act and the CSR Expenditure thereon.

  • Reimbursement insurance policy means a policy of insurance

  • Rates Policy means the policy on the levying of rates on rateable properties of the Nquthu Municipality, contemplated in chapter 2 of the Municipal Property Rates Act.

  • Primary Mortgage Insurance Policy Any primary mortgage guaranty insurance policy issued in connection with a Mortgage Loan which provides compensation to a Mortgage Note holder in the event of default by the obligor under such Mortgage Note or the related Security Instrument, if any or any replacement policy therefor through the related Interest Accrual Period for such Class relating to a Distribution Date.

  • Standard Hazard Insurance Policy means a fire and casualty extended coverage insurance policy in such amount and with such coverage as required by this Agreement.

  • Hazard Insurance Policy means, with respect to each Contract, the policy of fire and extended coverage insurance (and federal flood insurance, if the Manufactured Home is secured by an FHA/VA Contract and such Manufactured Home is located in a federally designated special flood area) required to be maintained for the related Manufactured Home, as provided in Section 5.09, and which, as provided in said Section 5.09, may be a blanket mortgage impairment policy maintained by the Servicer in accordance with the terms and conditions of said Section 5.09.

  • Environmental Insurance Policy means, with respect to any Mortgage Loan or the related Mortgaged Property or REO Property, any insurance policy covering pollution conditions and/or other environmental conditions that is maintained from time to time in respect of such Mortgage Loan, Mortgaged Property or REO Property, as the case may be, for the benefit of, among others, the Trustee on behalf of the Certificateholders.

  • Title Insurance Policies means, with respect to each Individual Property, an ALTA mortgagee title insurance policy in a form acceptable to Lender (or, if an Individual Property is in a State which does not permit the issuance of such ALTA policy, such form as shall be permitted in such State and acceptable to Lender) issued with respect to such Individual Property and insuring the lien of the Mortgage encumbering such Individual Property.

  • Tail Policy has the meaning set forth in Section 6.18(b).

  • Board Policy means any and all policies adopted by the School Board and in effect at the time the RFP is published and as they may be amended from time to time (“Board Policy”). All Board Policies are incorporated by reference into this Solicitation and into all Proposals submitted by a Proposer.