Exceptions to Coverage. With respect to the exceptions, the following applies: a) Each Title Policy shall afford the broadest coverage available in the state in which the subject property is located. b) The "standard" exceptions (such as for parties in possession or other matters not shown on public records) must be deleted.
Appears in 3 contracts
Sources: Term Loan Agreement (Glimcher Realty Trust), Construction Loan Agreement (Medical Properties Trust Inc), Credit Agreement (Glimcher Realty Trust)
Exceptions to Coverage. With respect to the exceptions, the following applies:
a) Each Title Policy shall afford the broadest coverage available in the state in which the subject property Collateral Asset is located.
. b) The "βstandard" β exceptions (such as for parties in possession or other matters not shown on public records) must be deleted.
Appears in 2 contracts
Sources: Loan Agreement (Inland Diversified Real Estate Trust, Inc.), Loan Agreement (Inland Diversified Real Estate Trust, Inc.)