Examples of Coverage Policy in a sentence
At the Close of Escrow, the Title Company will issue to Buyer at Buyer's sole cost and expense an ALTA Standard Coverage Policy (1990) with coverage in an amount equal to the appraised value of the Real Property as determined by Buyer in its sole discretion, showing title to the Real Property vested in Buyer, subject only to the Permitted Exceptions and the standard printed exceptions and conditions in the policy of title insurance ("TITLE POLICY").
INSURANCE COVERAGE Type Name of Carrier Amount of Coverage Policy Expiration Date Premium Paid Through (Date) The Debtor also maintains directors and officers liability coverage purchased pre-petition for the 2009/2010 coverage year and an extended reporting period for the policies covering the 2008/2009 coverage year also purchased pre-petition.
Type Name of Carrier Amount of Coverage Policy Expiration Date Premium Paid Through (Date) General Liability Hartford 1,000,000.00 1/11/2012 1/11/2013 Worker’s Compensation No employees Casualty None Vehicle None The Debtor also maintained directors and officers liability coverage purchased pre-petition for the 2009/2010 coverage year and an extended reporting period for the policies covering the 2008/2009 coverage year also purchased pre-petition.
Escrow Agent is authorized to prepare, obtain, record and deliver the necessary instruments to carry out the terms and conditions of this Escrow and, to the extent that Escrow Agent is also the Title Company, to issue the ALTA Extended Coverage Policy at Closing, subject to and in accordance with the Purchase Agreement or pursuant to separate written instructions to Escrow Agent executed by Seller.
Type Name of Carrier Amount of Coverage Policy Expiration Date Premium Paid Through (Date) General Liability Hartford 1,000,000.00 1/11/2012 1/11/2012 Worker’s Compensation Hartford 1,000,000.00 1/11/2012 Paid with Payroll Casualty None Vehicle None The Debtor also maintains directors and officers liability coverage purchased pre-petition for the 2009/2010 coverage year and an extended reporting period for the policies covering the 2008/2009 coverage year also purchased pre-petition.
Decreasing the Total Amount of Coverage (Policy Specified Amount plus Rider Death Benefit).
A Disapproved Title Exception shall be deemed to have been cured if Seller causes such item to be removed from the record title of the Real Property and not listed as a title exception in Schedule B of the ALTA Extended Coverage Policy prior to the Closing or otherwise cures such Disapproved Title Exception as determined by Buyer in Buyer's sole and absolute discretion.
A New Title Exception shall be deemed to have been cured if Seller causes such item to be removed from record title to the Real Property and not listed as a title exception in Schedule B of the ALTA Extended Coverage Policy prior to the Closing or otherwise cures such New Title Exception as determined by Buyer in Buyer's sole and absolute discretion.
Type Name of Carrier Amount of Coverage Policy Expiration Date Premium Paid Through (Date) General Liability Hartford 1,000,000.00 1/11/2012 1/11/2013 Worker’s Compensation No employees Casualty None Vehicle None The Debtor also maintains directors and officers liability coverage purchased pre-petition for the 2009/2010 coverage year and an extended reporting period for the policies covering the 2008/2009 coverage year also purchased pre-petition.
Buyer may, at Buyer's option and at Buyer's expense, direct Escrow Holder to procure an ALTA Extended Coverage Policy of Title Insurance or endorsements which expand coverage in excess of that which is described above.