Pro Forma Policy definition

Pro Forma Policy has the meaning set forth in Section 3 in Exhibit C-1 attached hereto.

Pro Forma Policy means a sample of an owner’s or loan policy prepared prior to issuance of the policy, with completed schedules A and B and endorsements, identifying the proposed insured, the exceptions that are proposed to be placed in the final policy to be issued, and the name of the title insurer and title insurance agency, including samples of endorsements.

Pro Forma Policy means the pro forma title insurance policy prepared by the Title Company in favor of Buyer for the Property, in form and substance acceptable to Buyer.

Examples of Pro Forma Policy in a sentence

• This is a Pro Forma Policy furnished to or on behalf of the party proposed to be insured for discussion only.

• The Pro Forma Policy must be subject to a Deductible equal to the indemnity limits, or Sum Insured, of the covers provided.

• A re-inspection is carried out if a person has had their certification suspended or revoked and has applied for reinstatement, or if a person during a routine inspection or complaint inspection has numerous noncompliance issues.

• An owner’s extended coverage ALTA title policy, issued by Title Company in the amount of the Consideration, showing title vested in Buyer consistent in all material respects with the Pro Forma Policy delivered to Buyer by the Title Company prior to the Approval Date, as provided in and subject to the terms of Section 4.

• It shall be a condition to Buyer’s obligation to close the Escrow that the Title Company be irrevocably committed to issue to Buyer as of the Closing its Title Policy consistent in all material respects with the Pro Forma Policy issued to Buyer by the Title Company as of the Approval Date, subject to New Exceptions approved by Buyer.

More Definitions of Pro Forma Policy

Pro Forma Policy has the meaning set forth in Section 9.2(d).

Pro Forma Policy means that certain ProForma Owner’s Policy of Title Insurance - Version 9, dated July 21, 2015, and prepared by the Title Company.

Pro Forma Policy means that certain ProForma Owner’s Policy of Title Insurance – Version 9, dated July 21, 2015, and prepared by the Title Company.

Pro Forma Policy means that certain pro forma ALTA Owner’s Policy of Title Insurance issued by the Title Company (Policy Number: NCS-

Pro Forma Policy means that certain pro forma ALTA Owner’s Policy of Title Insurance issued by the Title Company (Policy Number: NCS-452861-BOS1) and including the endorsements attached thereto, a copy of which is attached hereto as Exhibit J.

Pro Forma Policy means the pro forma title policy set forth in Exhibit I attached hereto and made a part hereof.

Pro Forma Policy means the title commitment attached hereto as Exhibit I, including any handwritten changes made thereto and the endorsements constituting a part thereof.