FATIC definition
Examples of FATIC in a sentence
Notwithstanding that the FATIC Title Commitment is attached to this Agreement, Buyer, at its sole cost and expense, shall pay at the Closing all premiums, charges and disbursements required by the Title Company for issuance of the title insurance policies and issuance of any endorsements Buyer may request.
Upon Buyer’s failure to timely object, any encumbrance or other title exception or matter reflected on the FATIC Title Commitment or Survey Plans, and any update thereof, shall thereafter be deemed a Permitted Encumbrance.
Provided the conditions of this Development Financing Agreement are met on the date requested for such advance, Lessor shall advance to FATIC- CDD amounts certified to be currently payable by Lessee (excluding the retainage hereinafter specified) for the then incurred portion of Construction Costs pursuant to the Application for Payment.
Purchaser acknowledges and agrees that the Commitment for Title Insurance by the Title Company, dated July 10, 2011 (FATIC title commitment no.
In the event Buyer elects to purchase any title insurance policies with regard to one or more of the Owned Real Property, such policies shall be purchased from FATIC through its national division located in Boston, Massachusetts.