Common use of Title Insurance Policies Clause in Contracts

Title Insurance Policies. Title Company shall be prepared to issue the (i) Owners Title Insurance Policy for each Facility as of the Closing Date, with coverage in the amount of the allocable portion of the Purchase Price for such Facility, insuring Buyer as owner of such Facility subject only to the Permitted Exceptions, and (ii) ALTA Title Insurance Policy for each Facility as of the Closing Date, with coverage in the amount of the allocable portion of Buyer’s loan from Buyer’s lender (“Lender”), insuring Lender’s lien against each Facility subject only to such exceptions as may be approved by Lender, and with such endorsements as may be required by Lender.

Title Insurance Policies. Title Company shall be prepared to issue the (i) Owners Title Insurance Policy for each the Facility as of the Closing Date, with coverage in the amount of the allocable portion of the Purchase Price for such the Facility, insuring Buyer as owner of such the Facility subject only to the Permitted Exceptions, and (ii) ALTA Title Insurance Policy for each of the Facility as of the Closing Date, with coverage in the amount of the allocable portion of Buyer’s loan from Buyer’s lender (“Lender”), insuring Lender’s lien against each the Facility subject only to such exceptions as may be approved by Lender, and with such endorsements as may be required by Lender.

Title Insurance Policies. Title Company shall be prepared to issue the (i) Owners Title Insurance Policy for each the Facility as of the Closing Date, with coverage in the amount of the allocable portion of the Purchase Price for such the Facility, insuring Buyer as owner of such the Facility subject only to the Permitted Exceptions, and (ii) ALTA Title Insurance Policy for each the Facility as of the Closing Date, with coverage in the amount of the allocable portion of Buyer’s loan from Buyer’s lender (“Lender”), insuring Lender’s lien against each the Facility subject only to such exceptions as may be approved by Lender, and with such endorsements as may be required by Lender.

Title Insurance Policies. Title Company shall be prepared to issue the (ia) Owners Title Insurance Policy for each Facility as of the Closing Date, with coverage in the amount of the allocable portion of the Purchase Price for such Facility, insuring Buyer as owner of such Facility subject only to the Permitted Exceptions, and (iib) ALTA Title Insurance Policy for each Facility as of the Closing Date, with coverage in the amount of the allocable portion of Buyer’s loan from Buyer’s lender (“Lender”), insuring Lender’s lien against each Facility subject only to such exceptions as may be approved by Lender, and with such endorsements as may be required by Lender.

Title Insurance Policies. Title Company shall be prepared to issue the (i) Owners Title Insurance Policy for each Facility the Real Property as of the Closing Date, with coverage in the amount of the allocable portion of the Purchase Price for such Facilitythe Real Property, insuring Buyer as owner of such Facility the Real Property subject only to the Permitted Exceptions, and (ii) ALTA Title Insurance Policy for each Facility the Real Property as of the Closing Date, with coverage in the amount of the allocable portion of Buyer’s loan from Buyer’s lender (“Lender”), insuring Lender’s lien against each Facility the Real Property subject only to such exceptions as may be approved by Lender, and with such endorsements as may be required by Lender.

Title Insurance Policies. Title Company shall be prepared to issue the (i) Owners Title Insurance Policy for each the Facility as of the Closing Date, with coverage in the amount of the allocable portion of the Purchase Price for such Facility, insuring Buyer as owner of such the Facility subject only to the Permitted Exceptions, and (ii) ALTA Title Insurance Policy for each the Facility as of the Closing Date, with coverage in the amount of the allocable portion of Buyer’s loan from Buyer’s lender (“Lender”), insuring Lender’s lien against each the Facility subject only to such exceptions as may be approved by Lender, and with such endorsements as may be required by Lender.

Title Insurance Policies. Title Company shall be prepared to issue the (i) Owners Title Insurance Policy for each Facility as of the Closing Date, with coverage in the amount of the allocable portion of the Purchase Price for such Facility, insuring Buyer as owner of such Facility subject only to the Permitted Exceptions, and (ii) ALTA Title Insurance Policy for each Facility as of the Closing Date, with coverage in the amount of the allocable portion of Buyer’s loan from Buyer’s lender (“Lender”), insuring LenderLxxxxx’s lien against each Facility subject only to such exceptions as may be approved by LenderLxxxxx, and with such endorsements as may be required by LenderLxxxxx.