Real Estate Documents Sample Clauses
The 'Real Estate Documents' clause defines the requirements and responsibilities related to the preparation, execution, and delivery of documents necessary for a real estate transaction. This clause typically specifies which party is responsible for providing deeds, title reports, transfer forms, or other legal paperwork required to complete the sale or transfer of property. By clearly outlining these obligations, the clause ensures that all necessary documentation is properly handled, reducing the risk of delays or disputes and facilitating a smooth transfer of ownership.
Real Estate Documents. With respect to each parcel of Real Estate, a duly executed Mortgage providing for a first priority recorded Lien, in favor of the Administrative Agent, in all right, title and interest of the Borrowers in such real property, together with each of the following, which shall each be satisfactory in form and substance to the Administrative Agent:
(a) true and complete copies of the fully-executed leases, together with Subordination and Attornment Agreements (if the lease with the tenant does not contain subordination provisions in form and substance reasonably satisfactory to the Administrative Agent), and an estoppel certificate for each lease;
(b) duly executed Environmental Indemnity Agreement;
(c) duly executed Assignment of Leases and Rents;
(d) copies of the nursing home license for each Facility issued by the applicable state;
(e) an ALTA Loan Title Insurance Policy, issued by Chicago Title or another insurer reasonably acceptable to the Administrative Agent, insuring the Administrative Agent’s first priority Lien on such real property and containing such endorsements as the Administrative Agent may reasonably require (it being understood that the amount of coverage, exceptions to coverage and status of title set forth in such policy shall be reasonably acceptable to the Administrative Agent);
(f) copies of all documents of record concerning such real property as shown on the commitment for the ALTA Loan Title Insurance Policy referred to above;
(g) certificates or other evidence of all insurance policies required to be maintained with respect to such real property by this Agreement, the applicable Mortgage or any other Loan Document;
(h) an ALTA survey or such other survey as is reasonably satisfactory to the Administrative Agent (and the applicable title company for purposes of extending title insurance and requested endorsements);
(i) if such real property, or any part thereof, lies within a “special hazard area” as designated on maps prepared by HUD, a National Flood Insurance Association standard flood insurance policy, plus insurance from a private insurance carrier, if reasonably required by the Administrative Agent, for the duration of the Loans in the amount of the full insurable value of the improvements at the particular parcel of real property;
(j) an appraisal ordered by Administrative Agent, prepared by an independent appraiser approved by the Administrative Agent (at the sole cost and expense of the Borrowers), of such parcel of Real Es...
Real Estate Documents. With respect to each parcel of real property listed on Schedule 11.1.9, a duly executed Mortgage providing for a fully perfected Lien, in favor of the Administrative Agent, in all right, title and interest of the Company or such Subsidiary in such real property, together with:
(a) an ALTA Loan Title Insurance Policy, issued by an insurer acceptable to the Administrative Agent, insuring the Administrative Agent's Lien on such real property and containing such endorsements as the Administrative Agent may reasonably require (it being understood that the amount of coverage, exceptions to coverage and status of title set forth in such policy shall be acceptable to the Administrative Agent);
(b) copies of all documents of record concerning such real property as shown on the commitment for the ALTA Loan Title Insurance Policy referred to above;
(c) original or certified copies of all insurance policies required to be maintained with respect to such real property by this Agreement, the applicable Mortgage or any other Loan Document; and
(d) a flood insurance policy concerning such real property, reasonably satisfactory to the Administrative Agent, if required by the Flood Disaster Protection Act of 1973. Additionally, in the case of any leased real property, a consent, in form and substance satisfactory to the Administrative Agent, from the owner and each mortgagee of such property (a) consenting to the Mortgage in favor of the Administrative Agent with respect to such property and (b) waiving any landlord's Lien in respect of personal property kept at the premises subject to such lease.
Real Estate Documents. The provisions of this Agreement supplement the provisions of any real estate mortgage or deed of trust granted by any Grantor to the Agent and securing the payment or performance of any of the Secured Obligations. Nothing contained in any such real estate mortgage or deed of trust shall derogate from any of the rights or remedies of the Agent or any Secured Creditor hereunder.
Real Estate Documents. The fully-executed original Mortgage in relation that certain real property described as owned by Borrower on Schedule 4 to the Guarantee and Collateral Agreement in form and substance satisfactory to Agent.
Real Estate Documents. Within 120 days after the Closing Date with respect to paragraph (f) below, and on or before the Closing Date for all other paragraphs below, with respect to the real property owned by FBD located at ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, a duly executed Mortgage providing for a fully perfected Lien, in favor of the Administrative Agent, in all right, title and interest of FBD in such real property, together with:
(a) an ALTA Loan Title Insurance Policy, issued by an insurer acceptable to the Administrative Agent, insuring the Administrative Agent’s Lien on such real property and containing such endorsements as the Administrative Agent may reasonably require (it being understood that the amount of coverage, exceptions to coverage and status of title set forth in such policy shall be acceptable to the Administrative Agent);
(b) copies of all documents of record concerning such real property as shown on the commitment for the ALTA Loan Title Insurance Policy referred to above;
(c) original copies of all insurance policies required to be maintained with respect to such real property by this Agreement, the applicable Mortgage or any other Loan Document;
(d) a survey certified to the Administrative Agent meeting such standards as the Administrative Agent may reasonably establish and otherwise reasonably satisfactory to the Administrative Agent; and
(e) a flood insurance policy concerning such real property, if required by the Flood Disaster Protection Act of 1973; and
(f) an appraisal, prepared by an independent appraiser engaged directly by the Administrative Agent, of such parcel of real property or interest in real property, which appraisal shall satisfy the requirements of the Financial Institutions Reform, Recovery and Enforcement Act, if applicable, and shall evidence compliance with the supervisory loan-to-value limits set forth in the Federal Deposit Insurance Corporation Improvement Act of 1991, if applicable.
Real Estate Documents. With respect to each parcel of real property leased by any Loan Party, a copy of the lease with respect thereto and a Landlord Agreement with respect thereto, as required by the Administrative Agent.
Real Estate Documents. For each Collateral Property, the items listed on Schedules 10.10 and, if applicable, 10.11, respectively, shall have been delivered to Administrative Agent at Borrowers’ expense and shall be in form and substance reasonably satisfactory to Administrative Agent.
Real Estate Documents. Receipt by the Administrative Agent, with respect to each Mortgaged Property owned, if any, by a Loan Party as of the Closing Date, of all Mortgage Instruments and Mortgage Supporting Documents relating thereto.
Real Estate Documents. If requested by the Collateral Agent or any Lender, with respect to each parcel of real property, at any time owned by the Company or any Guarantor, a duly executed Mortgage providing for a fully perfected Lien, in favor of the Collateral Agent, in all right, title and interest of the Company or such Guarantor in such real property, together with:
(a) an ALTA Loan Title Insurance Policy, issued by an insurer acceptable to the Collateral Agent, insuring the Collateral Agent's Lien on such real property and containing such endorsements as the Collateral Agent may reasonably require (it being understood that the amount of coverage, exceptions to coverage and status of title set forth in such policy shall be acceptable to the Collateral Agent);
(b) copies of all documents of record concerning such real property as shown on the commitment for the ALTA Loan Title Insurance Policy referred to above;
(c) original or certified copies of all insurance policies required to be maintained with respect to such real property by this Agreement, the applicable Mortgage or any other Loan Document;
(d) a survey certified to the Collateral Agent meeting such standards as the Collateral Agent may reasonably establish and otherwise reasonably satisfactory to the Collateral Agent;
(e) a flood insurance policy concerning such real property, if required by the Flood Disaster Protection Act of 1973; and
(f) an appraisal, prepared by an independent appraiser engaged directly by the Collateral Agent, of such parcel of real property or interest in real property, which appraisal shall satisfy the requirements of the Financial Institutions Reform, Recovery and Enforcement Act, if applicable, and shall evidence compliance with the supervisory loan-to-value limits set forth in the Federal Deposit Insurance Corporation Improvement Act of 1991, if applicable. Additionally, (i) in the case of any leased real property (other than the Company's office located at 9▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇) on which are located any assets or improvements (having a value of $1,000,000 or more with respect to each real property address) owned by the Company and/or any of its Subsidiaries and/or Joint Ventures, at any time upon the request of the Collateral Agent or the Required Lenders, the Company and/or its Subsidiary and/or Joint Venture, as applicable, shall use their best efforts to provide a Collateral Access Agreement from the landlord of such property waiving any landlord's L...
Real Estate Documents. The Shareholders shall have delivered to the Buyer, at the Shareholders' expense, each of the following, in form and substance reasonably satisfactory to the Buyer, covering the Owned Real Estate and/or the Elko Real Property, as the case may be:
4.12.1. At the Closing, an ALTA 1990 owner's title policy (including extended coverage over the standard printed exceptions, access, location, environmental lien, survey and comprehensive endorsements) insuring title in the Company and the Buyer of each parcel of Owned Real Estate and the Elko Real Property and all recorded easements appurtenant thereto upon Closing, subject only to the Permitted Liens and Encumbrances, from First American Title Company of Nevada (the "Title Insurance Company") in the amount set forth with respect to such parcel of Business Real Estate on Schedule 4.12 attached hereto, together in each case with any title insurance affidavit signed by the Company or the Landlord required by the Title Insurance Company and copies of all documents referenced in the policy as exceptions (collectively, the "Title Insurance Policies").
4.12.2. At least five (5) days prior to the Closing Date, an as-built survey relating to each parcel of Owned Real Estate and the Elko Real Property from a surveyor duly licensed in Nevada which survey shall: (i) be certified to the Company, the Buyer, the Title Insurance Company and to such other parties as the Buyer may indicate, (ii) indicate the location, legal description and area and square feet of each parcel of Owned Real Estate and the Elko Real Property, (iii) locate all easements, utilities (including connections to public streets), parking facilities, covenants and restrictions and rights of way, (iv) indicate adjoining streets, building lines, surface improvements, encroachments, vehicular access and parking requirements, (v) identify which portions of the Owned Real Estate and the Elko Real Property are located in a 100 year flood plain area as identified under the National Flood Insurance Program and (vi) satisfy the Minimum Standard Detail Requirements for ALTA/ACSM (1997) Land Title Surveys, including Table A requirements 3, 4, 6, 7, 8, 9, 10, 11 and 13.
4.12.3. At the Closing, stamped general warranty deeds relating to the Elko Real Property, duly executed and acknowledged by the Landlord, free and clear of all Liens and Encumbrances and leases and any other matters affecting title, except the Permitted Liens and Encumbrances.
4.12.4. A written certific...