Related Title Policy definition

Related Title Policy means a policy of title insurance insuring the first priority of a Mortgage, in the form described in clause (p) of Annex Two, Part I hereof.
Related Title Policy with respect to a Mortgaged Property, a policy of title insurance insuring the first priority of a Mortgage, in the form described in Section 2.21(n).

Related to Related Title Policy

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

  • Existing Title Policy means, the existing title insurance policy for the Property.

  • Owner’s Title Policy means those certain ALTA extended coverage owner’s policies of title insurance issued in connection with the closing of the Mortgage Loan insuring the Mortgage Borrower as the owner of the Property.

  • Title Policies has the meaning set forth in Section 6.17.

  • CLTA The California Land Title Association.

  • Title Insurance An American Land Title Association (ALTA) mortgage loan title policy form 1970, or other form of Title Insurance Policy acceptable to FNMA or FHLMC, including all riders and endorsements thereto, insuring that the Security Instrument constitutes a valid first lien on the related Mortgaged Property subject only to permitted encumbrances.

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

  • Title Insurance Policies means, with respect to each Individual Property, an ALTA mortgagee title insurance policy in a form acceptable to Lender (or, if an Individual Property is in a State which does not permit the issuance of such ALTA policy, such form as shall be permitted in such State and acceptable to Lender) issued with respect to such Individual Property and insuring the lien of the Mortgage encumbering such Individual Property.

  • ALTA means American Land Title Association, or any successor thereto.

  • Mortgage Policies has the meaning specified in Section 6.13(b)(ii).

  • Title Insurer means First American Title Insurance Company.

  • Mortgage Policy has the meaning specified in Section 4.01(a)(iv)(B).

  • Permitted Title Exceptions means those exceptions to title to the Real Property that are satisfactory to the Acquiror as determined pursuant to Section 2.2.

  • Closing Date Mortgaged Property as defined in Section 3.1(h).

  • Underlying Mortgaged Property With respect to each Co-op Loan, the underlying real property owned by the related residential cooperative housing corporation.

  • Survey shall have the meaning set forth in Section 4.1.

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

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

  • Title V means Title V of the federal Act for the Senior Community Service Employment Program for Older Americans.

  • Mortgaged Properties the real properties listed on Schedule 1.1B, as to which the Administrative Agent for the benefit of the Lenders shall be granted a Lien pursuant to the Mortgages.

  • Title Company means First American Title Insurance Company.

  • Title Insurance Company means the company that has or will issue the title policies with respect to a Leased Property, which company shall be reasonably acceptable to the Funding Parties.

  • Title Commitments has the meaning set forth in Section 5.9.

  • Title insurance agent means an agent licensed in the Commonwealth to sell, solicit, or negotiate

  • Additional Mortgaged Property has the meaning assigned to that term in subsection 6.9.

  • Permitted Exception means (a) liens for Taxes and other governmental charges and assessments which are not yet due and payable, (b) liens of landlords and liens of carriers, warehousemen, mechanics and materialmen and other like liens arising in the ordinary course of business for sums not yet due and payable, (c) other liens or imperfections on property which are not material in amount or do not materially detract from the value or the existing use of the property affected by such lien or imperfection, (d) such statements of fact and exceptions shown on any title insurance policies delivered to Global.