UCC Title Insurance Policy definition

UCC Title Insurance Policy means, with respect to the Collateral, a UCC title insurance policy in the form acceptable to Lender issued with respect to the Collateral and insuring the lien of the Pledge Agreement encumbering such Collateral.
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UCC Title Insurance Policy shall have the meaning set forth in Section 3.13(b) hereof.
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UCC Title Insurance Policy means a UCC Title Policy with regard to the pledge by the Sole Members of 100% of their membership interests in Borrowers, in a form reasonably acceptable to Agent.
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Examples of UCC Title Insurance Policy in a sentence

  • Lender also shall have received evidence that all premiums in respect of such UCC Title Insurance Policy have been paid.

  • Lender shall have received a UCC Title Insurance Policy (the “UCC Title Insurance Policy”) issued by a title company acceptable to Lender and dated as of the Closing Date, with reinsurance and direct access agreements acceptable to Lender.

  • Lender shall have received a UCC Title Insurance Policy (the “UCC Title Insurance Policy”) issued by a title company acceptable to Lender and dated as of the Original Closing Date, with reinsurance and direct access agreements acceptable to Lender, and tie-in endorsements dated as of the date hereof acceptable to Lender with respect to all such UCC Title Insurance Policies.

  • The UCC Title Insurance Policy shall be assignable, to the extent permitted under applicable state law.

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  • Lender shall have received a UCC Title Insurance Policy (the “UCC Title Insurance Policy”) issued by the Title Company and dated as of the Closing Date, with reinsurance and direct access agreements acceptable to Lender.

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  • A UCC Title Insurance Policy issued by a title company acceptable to Lender and dated as of the Closing Date, with reinsurance and direct access agreements acceptable to Lender.

  • Lender shall have received an irrevocable commitment by a title company acceptable to Lender to issue a UCC Title Insurance Policy (the “UCC Title Insurance Policy”) acceptable to Lender and dated as of the Closing Date, with reinsurance and direct access agreements acceptable to Lender.

  • Lender also shall have received evidence that all premiums in respect of such UCC Title Insurance Policy and such mezzanine lender’s endorsement have been paid.


More Definitions of UCC Title Insurance Policy

UCC Title Insurance Policy means, with respect to each Loan Asset or an applicable Loan Asset if the context of the use of such term refers to a specified Loan Asset or Collateral, (a) a UCC Title Policy with regard to the pledge of membership interests in Borrower securing payment obligations under the Mortgage Loan or a guaranty thereof, or (b) with respect to a mezzanine loan, a UCC Title Policy with regard to the pledge of membership interests in the Person(s) owned by Borrower.
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Related to UCC Title Insurance Policy

  • 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.

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

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

  • Title Insurer means First American Title Insurance Company.

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

  • 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.

  • 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.

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

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.

  • Certificate Insurance Policy The Financial Guaranty Insurance Policy No. CA01172A, and all endorsements thereto dated the Closing Date, issued by the Certificate Insurer for the benefit of the Class AF-3 Certificateholders.

  • 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.

  • Primary Mortgage Insurance Policy Any primary mortgage guaranty insurance policy issued in connection with a Mortgage Loan which provides compensation to a Mortgage Note holder in the event of default by the obligor under such Mortgage Note or the related Security Instrument, if any or any replacement policy therefor through the related Interest Accrual Period for such Class relating to a Distribution Date.

  • R&W Insurance Policy has the meaning set forth in Section 6.15.

  • Insurance Policies has the meaning set forth in Section 3.16.

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

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

  • Life Insurance Policy has the meaning given in Section 6.11.

  • Bond Insurance Policy means the municipal bond insurance policy, if any, issued by the Bond Insurer that guarantees payment of principal of and interest on the Bonds and constitutes a Bond Facility under the Indenture.

  • Mortgage Impairment Insurance Policy A mortgage impairment or blanket hazard insurance policy as described in Section 4.11.

  • Blanket insurance policy means a group policy covering a defined class of

  • Title Company means First American Title Insurance Company.

  • CLTA The California Land Title Association.

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

  • Hazard Insurance Policy means, with respect to each Contract, the policy of fire and extended coverage insurance (and federal flood insurance, if the Manufactured Home is secured by an FHA/VA Contract and such Manufactured Home is located in a federally designated special flood area) required to be maintained for the related Manufactured Home, as provided in Section 5.09, and which, as provided in said Section 5.09, may be a blanket mortgage impairment policy maintained by the Servicer in accordance with the terms and conditions of said Section 5.09.