Insured Exception definition

Insured Exception has the meaning set forth in Section 14(p).
Insured Exception has the meaning given to it in Section 6.11(c).
Insured Exception has the meaning ascribed thereto in Section 8.07(e).

Examples of Insured Exception in a sentence

  • Any Title Objection that the Title Company is willing to insure over on terms acceptable to Seller and Buyer is herein referred to as an "Insured Exception." The Insured Exceptions, together with any title exception or matters disclosed by the Survey not objected to by Buyer in the manner aforesaid shall be deemed to be acceptable to Buyer.

  • The Insured Exception is defined as an Insured RMBS Trust for which the sum of the net unreimbursed insurance payments, the accrued and unpaid losses, and projected future policy payments is zero or close to zero, as determined by Duff.

  • If an RMBS Trust (i) is an Insured RMBS Trust and (ii) has made policy claims against its Monoline and, as of the Effective Date has received full payment of such claims, such RMBS Trust will not have any Recognized Claim, unless the Insured Exception applies.

  • In the event Seller is unable to cure a Title Objection and/or Buyer objects to an Insured Exception, Buyer shall have the right to terminate this Agreement and shall have no liability or further obligation under this Agreement.

  • Any Title Objection that Title Company is willing to insure over on terms reasonably acceptable to Buyer is herein referred to as an "Insured Exception." The incremental increase in the cost of the premiums as a result of any Insured Exceptions relative to what Title Company would otherwise charge for the title insurance shall be borne by Seller.

  • Any objection that the Title Insurer is willing to insure over on terms reasonably acceptable to Buyer is herein referred to as an “Insured Exception.” If the objections are not cured or are not covered by an Insured Exception, the Buyer shall have the right to (A) terminate this Agreement or (B) in a writing to the Seller waive any remaining objection.

  • Any Title Objection that Title Company is willing to insure over on terms reasonably acceptable to Buyer is herein referred to as an "Insured Exception." The incremental increase in the cost of the premiums as a result of any Insured Exceptions (other than any Insured Exceptions resulting from Buyer’s failure to obtain a survey of the Premises) relative to what Title Company would otherwise charge for the title insurance shall be borne by Seller.

  • So far, full golf members in 2021 have played 4,030 rounds at Laurel Hill, resulting in revenue of about $40 per round.

  • Any Title Objection that the Title Company is willing to insure over on terms acceptable to Seller and Purchaser is herein referred to as an "Insured Exception." The Insured Exceptions, together with any title exception or matters disclosed by the Survey not objected to by Purchaser in the manner aforesaid, shall be deemed to be acceptable to Purchaser and shall constitute a Permitted Lien for purposes of this Agreement.

  • Any Title Objection that the Title Company is willing to eliminate or insure over on terms acceptable to Spartan and Xxxxxxx is herein referred to as an "Insured Exception." The Insured Exceptions, together with any title exception or matters disclosed by the Commitment or the Survey not objected to by Xxxxxxx in the manner aforesaid shall be deemed to be acceptable to Xxxxxxx and shall be treated as Permitted Encumbrances.


More Definitions of Insured Exception

Insured Exception as defined in Section 5.5(d). “IRS” — the United States Internal Revenue Service or any successor agency, and, to the extent relevant, the United States Department of the Treasury.
Insured Exception as defined in Section 5.5(d). “Intellectual Property”—(a) all inventions (whether patentable or unpatentable and whether or not reduced to practice), all improvements thereto, and all patents, patent applications, and patent disclosures, together with all reissuances, continuations, continuations-in-part, revisions, extensions, and reexaminations thereof, (b) all trademarks, service marks, trade dress, logos, trade names, and corporate names, together with all translations, adaptations, derivations, and combinations thereof and including all goodwill associated therewith, and all applications, registrations and renewals in connection therewith, (c) all copyrightable works, all copyrights, and all applications, registrations and renewals in connection therewith, (d) all mask works and all applications, registrations and renewals in connection therewith, (e) all trade secrets and confidential information (including ideas, research and development, know-how, formulas, compositions, manufacturing and production processes and techniques, technical data, designs, drawings, specifications, customer and supplier lists, pricing and cost information, and business and marketing plans and proposals), (f) Software (including data and related documentation), (g) all other proprietary rights, and (h) all copies and tangible embodiments thereof (in whatever form or medium).
Insured Exception has the meaning given to it in SECTION 6.11(c).
Insured Exception is defined in Section 2.2.6.
Insured Exception shall have the meaning set forth in Section 7.1(c).

Related to Insured Exception

  • Permitted Exceptions shall have the meaning set forth in Section 4.3.

  • Title Commitment shall have the meaning set forth in Section 4.2.

  • Title Policy shall have the meaning set forth in Section 4.2.

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

  • Title Objections has the meaning ascribed to such term in Section 6.2(a).

  • Blanket encumbrance means a trust deed or mortgage or any other lien or encumbrance,

  • Environmental Hazard means any substance the presence, use, transport, abandonment or disposal of which (i) requires investigation, remediation, compensation, fine or penalty under any Applicable Law (including, without limitation, the Comprehensive Environmental Response Compensation and Liability Act, Superfund Amendment and Reauthorization Act, Resource Conservation Recovery Act, the Occupational Safety and Health Act and provisions with similar purposes in applicable foreign, state and local jurisdictions) or (ii) poses risks to human health, safety or the environment (including, without limitation, indoor, outdoor or orbital space environments) and is regulated under any Applicable Law.