ATLA definition
Examples of ATLA in a sentence
Immediately following the date of exercise of this option, Lessor shall furnish Lessee with a commitment for a standard owner's title insurance policy, ATLA Form B, reflecting only Permitted Exceptions and standard printed exceptions (the "Commitment").
Within five (5) business days after the date of this Contract, Buyer will order a title insurance commitment (the “Commitment”) from City Title & Closing, LLC, Fayetteville, Arkansas (the “Title Company”) pursuant to which the Title Company shall agree to issue to Buyer, an ATLA owner’s policy of title insurance (the “Title Policy”) in the amount of the Purchase Price, insuring marketable fee simple title to the Real Property in Buyer upon recording of the Deed.
Within ten (10) business days after the date of this Contract, Seller will order a preliminary title insurance commitment (the “Commitment”) from ▇▇▇▇▇▇▇ Abstract Company, Fayetteville, Arkansas (the “Title Company”) pursuant to which the Title Company shall agree to issue to Buyer, an ATLA owner’s policy of title insurance (the “Title Policy”) in the amount of the Purchase Price, insuring marketable fee simple title to the Real Property in Buyer upon recording of the Deed.
Accordingly, any and all rights that Sunesis has with respect to Reverted Licensed Products shall be secondary to Millennium’s reversion rights with respect to such products under the ATLA.
The research librarian pointed the researcher to the ATLA religion database, and the researcher used the same search terms with this database to identify additional scholarly sources from the religion discipline that focus on short term missions.
Each of the Title Policies shall have the creditor's rights exception deleted, and shall include an extended coverage endorsement (insuring over the general or standard exceptions), and, with respect to the Owned Property, ATLA Form 3.1 zoning ( with parking and loading docks) and all other endorsements reasonably requested by Buyer, in form and substance reasonably satisfactory to Buyer.
An ATLA standard form title insurance policy issued by the Title Insurance Company in an amount equal to the Purchase Price insuring that Buyer or its nominee holds good, record and marketable fee simple title to the Premises, the Buildings and the Appurtenant Rights, subject only to Permitted Encumbrances, which policy shall not include any exceptions for (i) mechanics liens or (ii) persons in possession or occupancy.
Seller shall have furnished to Buyer, at Seller's expense, an ATLA Title Insurance Policy, dated as of the Closing, that title to the Real Property is consistent with the representations and warranties set forth in Sections 3.7(d) and (e).
Title insurance policies with respect to the Real Property, in standard ATLA form, in favor of the Agent Bank as mortgagee, issued by title insurance companies acceptable to the Agent Bank.
In the event Buyer does not obtain or is unable to obtain the Survey on or before the end of the Feasibility Period (as defined in Section 6.02(b)), Buyer and Seller agree to waive the requirement of the ATLA survey to establish the legal description of the Property and the legal description shall be established by the Title Company pursuant to the official records on file with the Pinal County Recorder.