Title Policy Amount definition

Title Policy Amount has the meaning set forth in Section 20.6(a)(i).
Title Policy Amount has the meaning set forth in the Collateral Agreement.
Title Policy Amount shall have the meaning set forth in the Contribution Agreement.

Examples of Title Policy Amount in a sentence

  • Items to check at Closing Title Policy Amount of insurance equal to mortgageRecording numbers for Deed of Trust, Regulatory Agreements, fixture filing, and any other key documents.

  • Technical Accomplishment Collaboration with Maryland and Delaware Motivation: to characterize H2 adsorption in exchanged zeolites The H2 sorption for the cation- exchanged zeolite is enhanced over the H-SSZ-13 (inc.

  • Section 4.2. At Closing, the Title Company shall issue to Purchaser the Owner Title Policy for the Land as specified in the Commitment, with such endorsements as the Parties may direct, dated no earlier than the date of the filing of the Deed described in Section 9.1.1 hereof, insuring Purchaser's title to the Land in the amount of the Owner Title Policy Amount, subject to the Permitted Exceptions (hereinafter defined).

  • Items to check at Closing(Numbers corresponds to checklist order) Title Policy Amount of insurance equal to mortgageRecording numbers for Deed of Trust, Regulatory Agreements, fixture filing, and any other key documents.

  • The terms of the Permanent Loan and the documents evidencing, governing and securing the Permanent Loan shall be subject to Investor's sole discretion, provided in no event shall the principal balance of the Permanent Loan be less than fifty-five percent (55%) nor exceed seventy percent (70%) of the Title Policy Amount, as such may be reduced due to a Parcel removal pursuant to Section 5.1. The Investor will bear all costs of obtaining the Permanent Loan.

  • At the Closing, Investor shall cause the Title Company to furnish the Company with the Owner's Policy in accordance with the final approved Title Commitment in an amount equal to the Title Policy Amount, wherein the Title Company shall insure that fee simple title to the Land and Improvements is vested in the Company, subject only to the Permitted Exceptions, together with such endorsements as may be reasonably required by Investor, and as are available in the state where the Property is located.

  • The Title Policy Amount must agree with the total consideration for the development easement.

  • The Title Company shall be in a position to issue the ALTA Policy to Developer in the amount of the Title Policy Amount and subject only to the Permitted Exceptions.


More Definitions of Title Policy Amount

Title Policy Amount has the meaning set forth in Section 6.6(a)(i).
Title Policy Amount shall have the meaning set forth in Section 6.2.1.

Related to Title Policy Amount

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

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

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

  • Insurance Amount has the meaning set forth in Section 6.12(b).

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

  • 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.

  • Available Facility Amount shall have the meaning specified in paragraph 2B(1).

  • Casualty Amount means five hundred thousand Dollars (USD500,000) (or the equivalent in any other currency);

  • Insurance Add-On Amount means the premium charged to the Obligor in the event that the Servicer obtains Force-Placed Insurance pursuant to Section 4.4.

  • CLTA The California Land Title Association.

  • 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.

  • Indemnity Amount means the amount of any indemnification obligation payable under the Basic Documents.

  • Excess Overcollateralization Amount With respect to any Distribution Date, the excess, if any, of (a) the Overcollateralization Amount on such Distribution Date over (b) the Required Overcollateralization Amount for such Distribution Date.

  • Target Overcollateralization Amount means, with respect to any Payment Date, 3.00% of the Adjusted Pool Balance as of the Cut-off Date. Notwithstanding the foregoing, the Target Overcollateralization Amount shall not exceed the Adjusted Pool Balance on such Payment Date.

  • Prepayment Penalty Amount With respect to any Remittance Date, all prepayment penalties, penalty or yield maintenance premiums or charges paid by the obligors under the Mortgage Notes due to Principal Prepayments collected by the Servicer during the immediately preceding Prepayment Period.

  • Undercollateralized Amount As defined in Section 4.01(b)(iii).

  • Excess Overcollateralized Amount With respect to the Class A Certificates and the Mezzanine Certificates and any Distribution Date, the excess, if any, of (i) the Overcollateralized Amount for such Distribution Date (calculated for this purpose only after assuming that 100% of the Principal Remittance Amount on such Distribution Date has been distributed) over (ii) the Overcollateralization Target Amount for such Distribution Date.

  • Specified Overcollateralization Amount means for any Distribution Date, the greater of:

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

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

  • Required Overcollateralization Amount With respect to any Distribution Date, (a) prior to the Stepdown Date, an amount equal to 1.80% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date, (b) on or after the Stepdown Date if a Trigger Event is not in effect, the greater of (i) an amount equal to 3.60% of the aggregate outstanding Stated Principal Balance of the Mortgage Loans after giving effect to distributions made on that Distribution Date and (ii) the Overcollateralization Floor and (c) on or after the Stepdown Date if a Trigger Event is in effect, an amount equal to the Required Overcollateralization Amount from the immediately preceding Distribution Date. The Required Overcollateralization Amount may be reduced so long as written confirmation is obtained from each Rating Agency that such reduction shall not reduce the ratings assigned to any Class of Certificates by such Rating Agency below the lower of the then-current rating or the rating assigned to such Certificates as of the Closing Date by such Rating Agency. Residential Funding: Residential Funding Corporation, a Delaware corporation, in its capacity as seller of the Mortgage Loans to the Depositor and any successor thereto.

  • Required Spread Account Amount means, for the March 2012 Payment Date and the April 2012 Payment Date, zero, and for any Payment Date thereafter, the product of (i) the Spread Account Percentage in effect on such date and (ii) during (x) the Revolving Period, the Collateral Amount, and (y) during the Controlled Accumulation Period or the Early Amortization Period, the Collateral Amount as of the last day of the Revolving Period; provided that, prior to the occurrence of an Event of Default and acceleration of the Series 2012-1 Notes, the Required Spread Account Amount will never exceed the Class C Note Principal Balance (after taking into account any payments to be made on such Payment Date).

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

  • Applicable Policy means any rules, policies, directives, standards of practice or Program Parameters issued or adopted by the Funder, the Ministry or other ministries or agencies of the province of Ontario that are applicable to the HSP, the Services, this Agreement and the parties’ obligations under this Agreement during the term of this Agreement. Without limiting the generality of the foregoing, Applicable Policy includes the other documents identified in Schedule C;

  • Overcollateralized Amount As of any Distribution Date, the excess, if any, of (a) the aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date over (b) the aggregate of the Class Certificate Balances of the LIBOR Certificates as of such Distribution Date (after giving effect to the payment of the Principal Remittance Amount on such Certificates on such Distribution Date).