Leasehold Title Policy definition

Leasehold Title Policy has the meaning ascribed to it in Section 8.2(i).

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Leasehold Title Policy is defined in Section 6.9(a).

Leasehold Title Policy means a Texas Owner’s Policy (T-1) with a Texas Leasehold Owner Policy Endorsement with respect to the Transmitter Site leased pursuant to the KZMP (FM) Tower Lease in a form and with coverages permitted under Texas law and amount reasonably acceptable to Buyer and showing only Permitted Liens.

Examples of Leasehold Title Policy in a sentence

The Leasehold Title Policy shall be in the amount specified by Developer.
As of the Closing, the Title Company shall have issued, or be irrevocably committed to issue, to the Buyer a Leasehold Title Policy for each parcel covered by an Assumed Real Property Lease or a New Real Property Lease.
The Leasehold Commitments shall provide for the issuance of the Leasehold Title Policy to Buyers as of the Closing and shall insure a leasehold interest in the Leased Real Property, subject only to the Permitted Encumbrances.
The Title Company shall provide City with a copy of the Leasehold Title Policy.
Sellers agree to deliver any information as may be reasonably required by the Title Company under the requirements section of the Commitments or otherwise in connection with the issuance of the Leasehold Title Policy or the Owned Real Property Title Policies.
Extended Coverage Owner's Title Insurance Policy with respect to the Owned Real Property and an A.L.T.A. Extended Coverage Leasehold Title Policy with respect to that Leased Real Property as to which a ground lease is at issue (the "Title Policy"), issued by Chicago Title Insurance Company (the "Title Company"), together with true, correct and legible copies of all instruments referred to therein as conditions or exceptions to title (the "Title Instruments") and (b) A.L.T.
Landlord shall promptly cause the Title Company to issue its ALTA Leasehold Owner's Title Insurance Policy including extended coverage to Tenant, subject only to the Permitted Exceptions, insuring Tenant's leasehold estate in the Demised Premises, with liability in the amount of Three Million Dollars ($3,000,000.00) (the "Leasehold Title Policy").
The Title Company shall provide County with a copy of the Leasehold Title Policy.
Thereafter, Landlord shall promptly (i) prepare a revised short form lease reflecting the revised legal description of the Demised Premises, and (ii) cause an endorsement to be issued to the Leasehold Title Policy to reflect the legal description of the Demised Premises as subdivided.
If Landlord fails to provide Tenant with the Leasehold Title Policy as required herein, Tenant may terminate this lease, and neither Landlord nor Tenant shall have any claims against the other in connection with this lease.

More Definitions of Leasehold Title Policy

Leasehold Title Policy means a standard coverage policy of leasehold title insurance with respect to each Lease, in the coverage amount of $1,000,000, insuring that fee title to the applicable Facility is held by Sellers and the Company's interest thereto as lessee under such Lease, subject only to the standard exceptions to such policies and such Liens as may be approved by the Crown Parties.

Leasehold Title Policy means ALTA lender’s policies of title insurance in favor of Authority in the amount of the Loan.

Leasehold Title Policy means a current ALTA form leasehold owner’s extended coverage title insurance policy issued to Tenant by S▇▇▇▇▇▇ Title Insurance Company (or any other national title insurance company licensed to underwrite and issue title insurance in the State of California, subject to Tenant’s reasonable approval), insuring Tenant’s leasehold estate hereunder (and expressly including Tenant’s right to use the Common Areas, and the rights, privileges and easements pursuant to the REA as separate insured parcels appurtenant to the Premises and/or Landlord’s Parcel), in the amount of Five Million Dollars ($5,000,000.00), or as otherwise required by Tenant, subject only to (x) this Lease and other matters arising by, through or under Tenant, (y) matters approved by Tenant as Permitted Encumbrances hereunder, and (z) the Non- Disturbance Agreements (as hereinafter defined), if any, with such endorsements thereto as Tenant may reasonably request, including without limitation, (1) an ALTA form “3.1 Zoning Endorsement,” expressly insuring that the Premises may be lawfully operated for the Theater Use and modified to include the adequacy of parking and to insure against the closure of Tenant’s business within the Premises as a consequence of any breach or violation of applicable zoning laws or ordinances, (2) an ALTA form “13.1 Leasehold Policy Endorsement”, insuring Tenant’s interest in the Building, and (3) a restrictions endorsement with respect to the REA confirming that there are no outstanding defaults or violations under the REA and that all consents and approvals (if any) required under the REA for Landlord’s Work and Tenant’s Work have been obtained. Landlord shall be responsible for the cost of the Leasehold Title Policy, except that if Tenant requests title insurance coverage in excess of $5,000,000, Tenant shall pay the portion of the premium attributable to the coverage in excess of $5,000,000.

Leasehold Title Policy has the meaning given to such term in Section 7.15(a).

Leasehold Title Policy shall have the meaning ascribed thereto in Section 5.1.1 of this Agreement.