Developer Title Policy definition
Examples of Developer Title Policy in a sentence
The Title Company shall provide Developer and Authority with copies of the Developer Title Policy.
It is understood by the parties hereto that if a Developer Title Policy can not be obtained with respect to a Development located in a jurisdiction outside of the United States, a similar title policy, if available, may be obtained in lieu thereof.
Developer shall pay the premium for the Developer Title Policy, as well as costs or additional premium associated with procurement of an ALTA policy (if requested by Developer) or any endorsements requested by Developer.
Direct the Title Company to issue Developer Title Policy to Developer.
The Developer Title Policy for the Property shall be in the amount of the Purchase Price.
The Title Company shall provide Authority with a copy of the Developer Title Policy.
Developer shall pay all of the Escrow fees, all documentary transfer taxes for the transfer of title to the Site to Developer, and all title insurance premiums for the Developer Title Policy and CDC Title Policy.
If a survey is required to obtain the Developer Title Policy, such survey must be completed by Developer before the Escrow Closing Date and at Developer’s sole cost and expense.
Title Company is prepared to issue the Developer Title Policy to Developer upon payment of the premium.
The Title Company shall have unconditionally committed to issue the Developer Title Policy for Phase II to Developer pursuant to Section 2.4.8.