Title Assurances definition

Title Assurances. (1) the Title Policy referred to in Section 1.32 insuring that the Deed of Trust is a valid second priority lien on the indefeasible fee simple estate of the Property subject only to such matters of title acceptable to the City, and (2) such certificates, lien waivers, subordination agreements, indemnity agreements, and other documents as the City may require from the Borrower and all persons furnishing professional services, labor, or materials for construction of the Improvements to assure the priority of the Deed of Trust.
Sample 1Sample 2Sample 3
Title Assurances means any updated title requirements required to Lender relating to the Mortgaged Property.
Sample 1
Title Assurances a policy of title insurance written in amounts, and upon forms, all reasonably satisfactory to Lender, to evidence that the Vacation Club Association holds good and marketable title to the Vacation Club Units, subject only to the Permitted Encumbrances and the Vacation Club Declarations,
Sample 1

Examples of Title Assurances in a sentence

  • Subject to the provisions of Paragraph 8, Agent shall be liable for the first portion of any Loss sustained or incurred by Principal as a result of the issuance of the Title Assurances by Agent in the following amount: $5,000.

  • Subject to the provisions of Paragraph 8, Agent shall be liable for the first portion of any Loss sustained or incurred by Principal as a result of the issuance of the Title Assurances by Agent in the amount set forth on Exhibit B for the jurisdiction indicated.

  • Agent shall pay Company twelve percent (11%) of the gross premiums on all Title Assurances issued by Agent.

  • Loss shall mean sums paid or to be paid by Company, in cash or otherwise, to settle or compromise claims under any of Company's Title Assurances issued by Agent.

  • No later than the tenth (10th) of each calendar month Agent shall submit to company copies, with Premium charged set forth thereon, of all Title Assurances issued by Agent during the previous calendar month, remit the Company's percentage of the Premium charged for such Title Assurances and shall return all spoiled, obsolete or canceled policies accumulated during the previous calendar month.

  • Make available for examination by Company, at any time during normal business hours and with reasonable prior notice from Company during the term of this Agreement, all financial records and records relating to the issuance of Company's Title Assurances by Agent.

  • Issuance of Title Assurances which contain errors or omissions which could reasonably have been detected by Agent from the commitment, examiner's report, title search or abstract.

  • Agent shall remit to Company a percentage of the gross Premiums as set for in Schedule A on all Title Assurances issued by Agent.

  • Subject to the provisions of subparagraph 6B above, Agent shall be liable for the first $5,000.00 of any Loss sustained or incurred by Company as a result of the issuance of the Title Assurances by Agent.

  • Agent's General Liability shall be as set forth in Schedule A for any Loss sustained or incurred as a result of the issuance of Title Assurances by Agent, unless otherwise mandated by state and federal law.

Related to Title Assurances

  • Title Insurance Company as defined in Section 5.1(l).

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

  • Reasonable assurance means a high degree of confidence that submitted data and statements are valid.

  • Title insurance agent means an agent licensed in this Commonwealth to solicit, negotiate, procure,

  • 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.

  • Title Agent means a title insurance company or title agent selected by the Recipient and approved by the OPWC, which Title Agent shall be duly licensed and in good standing under the laws of the State.

  • 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.

  • Financial Assurances means the financial assurances provided by the Shipper and accepted by the Carrier in accordance with Rule 19.

  • Federal Assurances means Standard Form 424B (for non-construction projects) or Standard Form 424D (for construction projects) in Attachment B, attached hereto and incorporated herein for all purposes.

  • Title Insurer means Chicago Title Insurance Company.

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

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

  • Title Company means First American Title Insurance Company.

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

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

  • 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.

  • Crew Insurances means insurances against crew risks which shall include but not be limited to death, sickness, repatriation, injury, shipwreck unemployment indemnity and loss of personal effects.

  • Governmental Real Property Disclosure Requirements means any Requirement of Law of any Governmental Authority requiring notification of the buyer, lessee, mortgagee, assignee or other transferee of any Real Property, facility, establishment or business, or notification, registration or filing to or with any Governmental Authority, in connection with the sale, lease, mortgage, assignment or other transfer (including any transfer of control) of any Real Property, facility, establishment or business, of the actual or threatened presence or Release in or into the Environment, or the use, disposal or handling of Hazardous Material on, at, under or near the Real Property, facility, establishment or business to be sold, leased, mortgaged, assigned or transferred.

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

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

  • Reassurance means to offer an individual encouragement and support.

  • Environmental Policy means to conserve energy, water, wood, paper and other resources, reduce waste and phase out the use of ozone depleting substances and minimise the release of greenhouse gases, volatile organic compounds and other substances damaging to health and the environment, including any written environmental policy of the Customer;

  • Surveyor-General means the Surveyor-General as defined in the Land Survey Act, 1997 (Act No. 8 of 1997);

  • Environmental Insurance Policy means, with respect to any Mortgage Loan or the related Mortgaged Property or REO Property, any insurance policy covering pollution conditions and/or other environmental conditions that is maintained from time to time in respect of such Mortgage Loan, Mortgaged Property or REO Property, as the case may be, for the benefit of, among others, the Trustee on behalf of the Certificateholders.

  • Ocean marine insurance means insurance against loss of or damage to:

  • Applicable Policies means the policies, bylaws, directives, regulations, guidelines, codes of conduct, rules, systems and procedures of AHS listed in Schedule “F” attached.