Cascades I Real Property Title Commitment means that certain owner’s title commitment issued by the Title Company with an effective date of February 3, 2017, and Commitment Number: NCS-834305-3-CHI2.
Title Commitment shall have the meaning set forth in Section 4.2.
Title Commitments has the meaning set forth in Section 5.9.
Title Policies has the meaning set forth in Section 6.17.
Title Policy shall have the meaning set forth in Section 4.2.
Existing Title Policy means, the existing title insurance policy for the Property.
Owner’s Title Policy means those certain ALTA extended coverage owner’s policies of title insurance issued in connection with the closing of the Mortgage Loan insuring the Mortgage Borrower as the owner of the Property.
Title Company means First American Title Insurance Company.
Real Property Deliverables means each of the following agreements, instruments and other documents in respect of each Facility:
Title Report has the meaning set forth in Section 5.4(b).
Real Property Interests means all interests in real property of whatever nature, including easements, whether as owner or holder of a Security Interest, lessor, sublessor, lessee, sublessee or otherwise.
Title V means Title V of the federal Act for the Senior Community Service Employment Program for Older Americans.
Existing Survey means the existing ALTA survey of the Property.
Owned Real Properties has the meaning set forth in Section 3.16(b).
Owned Real Property has the meaning set forth in Section 4.10(a).
Survey means a survey of the Property prepared by a surveyor licensed in the State and satisfactory to Lender and the company or companies issuing the Title Insurance Policy, and containing a certification of such surveyor satisfactory to Lender.
Permitted Real Property Encumbrances means (i) those liens, encumbrances and other matters affecting title to any Mortgaged Property listed in the applicable title policy in respect thereof (or any update thereto) and found, on the date of delivery of such title policy to the Administrative Agent in accordance with the terms hereof, reasonably acceptable by the Administrative Agent, (ii) as to any particular real property at any time, such easements, encroachments, covenants, restrictions, rights of way, minor defects, irregularities or encumbrances on title which do not, in the reasonable opinion of the Administrative Agent, materially impair such real property for the purpose for which it is held by the mortgagor or owner, as the case may be, thereof, or the Lien held by the Administrative Agent, (iii) municipal and zoning laws, regulations, codes and ordinances, which are not violated in any material respect by the existing improvements and the present use made by the mortgagor or owner, as the case may be, of such real property, (iv) general real estate taxes and assessments not yet delinquent, and (v) such other items as the Administrative Agent may consent to.
Title Insurance Policies means, with respect to each Individual Property, an ALTA mortgagee title insurance policy in a form acceptable to Lender (or, if an Individual Property is in a State which does not permit the issuance of such ALTA policy, such form as shall be permitted in such State and acceptable to Lender) issued with respect to such Individual Property and insuring the lien of the Mortgage encumbering such Individual Property.
Property Owner Association Property means, for each Fiscal Year, any property within the boundaries of IA No. 1 that was owned by a property owner association, including any master or sub-association, as of January 1 of the prior Fiscal Year.
Record of survey map means a map of a survey of land prepared in accordance with Section 10-9a-603, 17-23-17, 17-27a-603, or 57-8-13.
Title Insurer means Chicago Title Insurance Company.
Title Insurance Policy A title insurance policy maintained with respect to a Mortgage Loan.
Real Properties means, at any time, a collective reference to each of the facilities and real properties owned, leased or operated by the Consolidated Parties at such time.
Permitted Exceptions shall have the meaning set forth in Section 4.3.
Title Insurance An American Land Title Association (ALTA) mortgage loan title policy form 1970, or other form of Title Insurance Policy acceptable to FNMA or FHLMC, including all riders and endorsements thereto, insuring that the Security Instrument constitutes a valid first lien on the related Mortgaged Property subject only to permitted encumbrances.
Loan Property means any property in which the applicable party (or a subsidiary of it) holds a security interest and, where required by the context, includes the owner or operator of such property, but only with respect to such property.
Title insurance agent means an agent licensed in this Commonwealth to solicit, negotiate, procure,