Title Insurance Premium Sample Clauses

Title Insurance Premium. For each quarter (i.e., the three month period ending January 31, April 30, July 31, and October 31) during the Term, PNTN shall test twenty-five (25) randomly-selected transactions for each title insurance underwriter PNTN works with (the “PNTN Transactions”) to analyze whether PNTN paid a percentage of a title insurance premium to a person who had not registered as a title insurance agent with the Division for the applicable title insurance underwriter. For purposes of this paragraph, PNTN Transactions shall only include transactions affecting real estate in the City of Chicago or Cook County, DuPage County, Xxxx County, Lake County, XxXxxxx County and Will County where PNTN acted as settlement service or the non-policy issuing, supervising title insurance agent. PNTN shall provide to the Division for approval the methodology by which it will randomly select the PNTN Transactions before it conducts its first quarterly review, but in no event later than thirty (30) days1 after the Effective Date.
AutoNDA by SimpleDocs
Title Insurance Premium. The cost of owner’s coverage under the Title Policy issued by the Title Insurer and the costs of any endorsements to such Title Policy shall be paid by Bxxxx;
Title Insurance Premium. Buyer, at its election and at its sole cost, shall have the right to obtain title insurance on any of the Property following Closing. Seller, at no out of pocket cost to Seller, shall cooperate with Buyer in connection with obtaining such insurance in a form reasonably acceptable to Buyer.
Title Insurance Premium. Seller will pay the premium at closing and have the title insurance policy delivered to Buyer as soon as practicable after closing.
Title Insurance Premium. The Buyer agrees to pay the title insurance premium for the policy of title insurance required by Section 5 hereof.
Title Insurance Premium. The Transferor shall pay 100% of the cost of the CLTA standard policy of title insurance. The Transferee shall pay 100% of the additional premium to upgrade to an ALTA extended coverage policy of title insurance and 100% of the cost of all endorsements.
Title Insurance Premium. Seller shall pay the cost of extended owner’s coverage under the Title Policy issued by the Title Insurer;
AutoNDA by SimpleDocs
Title Insurance Premium. Assignor shall pay the title insurance premium for standard coverage title insurance. Assignee shall pay the excess premium for extended coverage owners title insurance and any endorsements or additional insurance coverage ordered by Assignee, including but not limited to the removal of the standard printed exceptions or any other title insurance endorsements required by Assignee or Assignee's lender, and the cost of any lender's policy of title insurance.
Title Insurance Premium. Lessee shall pay the premium for any leasehold title insurance policy acquired by Lessee.

Related to Title Insurance Premium

  • Title Insurance The Mortgage Loan is covered by an ALTA lender's title insurance policy, or with respect to any Mortgage Loan for which the related Mortgaged Property is located in California a CLTA lender's title insurance policy, or other generally acceptable form of policy or insurance acceptable pursuant to Seller's Underwriting Guidelines and each such title insurance policy is issued by a title insurer acceptable to prudent lenders in the secondary mortgage market and qualified to do business in the jurisdiction where the Mortgaged Property is located, insuring the originator, its successors and assigns, as to the first (with respect to a First Lien Loan) or second (with respect to a Second Lien Loan) priority lien of the Mortgage in the original principal amount of the Mortgage Loan (or to the extent a Mortgage Note provides for negative amortization, the maximum amount of negative amortization in accordance with the Mortgage), subject only to the Permitted Exceptions, and in the case of Adjustable Rate Mortgage Loans, against any loss by reason of the invalidity or unenforceability of the lien resulting from the provisions of the Mortgage providing for adjustment to the Mortgage Interest Rate and Monthly Payment. Where required by state law or regulation, the Mortgagor has been given the opportunity to choose the carrier of the required mortgage title insurance. Additionally, such lender's title insurance policy affirmatively insures ingress and egress, and against encroachments by or upon the Mortgaged Property or any interest therein. The Seller (or its predecessor in interest), its successors and assigns, are the sole insureds of such lender's title insurance policy, and such lender's title insurance policy is valid and remains in full force and effect and will be in force and effect upon the consummation of the transactions contemplated by this Agreement. No claims have been made under such lender's title insurance policy, and no prior holder of the related Mortgage, including the Seller, has done, by act or omission, anything which would impair the coverage of such lender's title insurance policy, including without limitation, no unlawful fee, commission, kickback or other unlawful compensation or value of any kind has been or will be received, retained or realized by any attorney, firm or other person or entity, and no such unlawful items have been received, retained or realized by the Seller;

  • Title Policy Seller shall furnish to Buyer at ❑ Seller’s ❑ Xxxxx’s expense an owner policy of title insurance (Title Policy) issued by (Title Company) in the amount of the Sales Price, dated at or after closing, insuring Buyer against loss under the provisions of the Title Policy, subject to the promulgated exclusions (including existing building and zoning ordinances) and the following exceptions:

  • Insurance Premiums Tenant shall pay or cause to be paid all premiums for the insurance coverage required to be maintained pursuant to Article 9.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!