Leasehold Title Policy definition

Leasehold Title Policy has the meaning ascribed to it in Section 8.2(i).
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Leasehold Title Policy is defined in Section 6.9(a).
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Leasehold Title Policy means a current ALTA form leasehold owner’s extended coverage title insurance policy issued to Tenant by Sxxxxxx Title Insurance Company (or any other national title insurance company licensed to underwrite and issue title insurance in the State of California, subject to Tenant’s reasonable approval), insuring Tenant’s leasehold estate hereunder (and expressly including Tenant’s right to use the Common Areas, and the rights, privileges and easements pursuant to the REA as separate insured parcels appurtenant to the Premises and/or Landlord’s Parcel), in the amount of Five Million Dollars ($5,000,000.00), or as otherwise required by Tenant, subject only to (x) this Lease and other matters arising by, through or under Tenant, (y) matters approved by Tenant as Permitted Encumbrances hereunder, and (z) the Non- Disturbance Agreements (as hereinafter defined), if any, with such endorsements thereto as Tenant may reasonably request, including without limitation, (1) an ALTA form “3.1 Zoning Endorsement,” expressly insuring that the Premises may be lawfully operated for the Theater Use and modified to include the adequacy of parking and to insure against the closure of Tenant’s business within the Premises as a consequence of any breach or violation of applicable zoning laws or ordinances, (2) an ALTA form “13.1 Leasehold Policy Endorsement”, insuring Tenant’s interest in the Building, and (3) a restrictions endorsement with respect to the REA confirming that there are no outstanding defaults or violations under the REA and that all consents and approvals (if any) required under the REA for Landlord’s Work and Tenant’s Work have been obtained. Landlord shall be responsible for the cost of the Leasehold Title Policy, except that if Tenant requests title insurance coverage in excess of $5,000,000, Tenant shall pay the portion of the premium attributable to the coverage in excess of $5,000,000.
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Examples of Leasehold Title Policy in a sentence

  • The Leasehold Title Policy shall be in the amount specified by Developer.

  • The Title Company shall provide City with a copy of the Leasehold Title Policy.

  • In the event the Lessee exercises its option to lease the Premises, then Lessor shall cause to be issued to Lessee, as the named insured, a Leasehold Title Policy, in an amount of the estimated value of the improvements to be built on the Premises, but no less than Four Million Dollars.

  • The costs of the Leasehold Title Policy and any endorsements shall be paid one half by Avcon and one half by the County.

  • The Title Company shall provide County with a copy of the Leasehold Title Policy.

  • The Title Company is irrevocably committed to issue (i) the Leasehold Title Policy in favor of Developer showing Developer as the insured holder of the leasehold interest in the Ground Lease and subject only to the Permitted Exceptions or as otherwise approved by Developer.

  • As used in this Agreement, “Closing” or “Close of Escrow” means the concurrent delivery of documents to Escrow Holder, transfer of the leasehold interest to the Property to Developer, delivery of the Leasehold Title Policy to Developer and the Owner’s Title Policy to City and the payment of the fixed rent.

  • The Leasehold Commitments shall provide for the issuance of the Leasehold Title Policy to Buyers as of the Closing and shall insure a leasehold interest in the Leased Real Property, subject only to the Permitted Encumbrances.

  • After the Effective Date, Avcon may obtain a commitment for an owner’s Leasehold Title Policy underwritten by Security 1st Title Company which commitment shall be irrevocably commit to issue to Avcon an ALTA current form leasehold owner’s policy of title insurance (“Leasehold Title Policy”), dated as of the date of closing of this Purchase Agreement insuring Avcon’s interest in the Hangar W.

  • Developer shall pay any and all costs related to the Closing and Close of Escrow, including, without limitation, (1) the premium cost and any endorsements required, for the Owner’s Title Policy and Leasehold Title Policy (as hereinafter defined), (2) Escrow Holder’s fees, and (3) all City and County transfer taxes and fees (including, without limitation, documentary transfer taxes).


More Definitions of Leasehold Title Policy

Leasehold Title Policy has the meaning given to such term in Section 7.15(a).
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Leasehold Title Policy shall have the meaning ascribed thereto in Section 5.1.1 of this Agreement.
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Leasehold Title Policy means a standard coverage policy of leasehold title insurance with respect to each Lease, in the coverage amount of $1,000,000, insuring that fee title to the applicable Facility is held by Sellers and the Company's interest thereto as lessee under such Lease, subject only to the standard exceptions to such policies and such Liens as may be approved by the Crown Parties.
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Leasehold Title Policy means a Texas Owner’s Policy (T-1) with a Texas Leasehold Owner Policy Endorsement with respect to the Transmitter Site leased pursuant to the KZMP (FM) Tower Lease in a form and with coverages permitted under Texas law and amount reasonably acceptable to Buyer and showing only Permitted Liens.
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Leasehold Title Policy means ALTA lender’s policies of title insurance in favor of Authority in the amount of the Loan.
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Related to Leasehold Title Policy

  • 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 Policies has the meaning set forth in Section 6.17.

  • Leasehold Property means any leasehold interest of any Loan Party as lessee under any lease of real property.

  • Leasehold of any Person shall mean all of the right, title and interest of such Person as lessee or licensee in, to and under leases or licenses of land, improvements and/or fixtures.

  • Leasehold Estate means Borrower’s interest in the Land and any other real property leased by Borrower pursuant to the Ground Lease, if applicable, including all of the following:

  • 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.

  • Leasehold Interests means all of each Borrower’s right, title and interest in and to, and as lessee, of the premises identified on Schedule 4.19(A) hereto.

  • Leasehold interest means the interest of the lessor or the lessee under a lease contract.

  • Real Property Interests means all interests in Owned Real Property and Leased Real Property, including fee estates, leaseholds and subleaseholds, purchase options, easements, licenses, rights to access, and rights of way, and all buildings and other improvements thereon and appurtenant thereto, owned or held by Sellers that are used in the business or operations of the Stations, together with any additions, substitutions and replacements thereof and thereto between the date of this Agreement and the Closing Date, but excluding the Excluded Real Property Interests.

  • Title Insurance Policy A title insurance policy maintained with respect to a Mortgage Loan.

  • 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.

  • Material Leasehold Property means a Leasehold Property reasonably determined by Administrative Agent to be of material value as Collateral or of material importance to the operations of Company or any of its Subsidiaries.

  • Owned Property has the meaning set forth in Section 4.10(a).

  • ALTA means American Land Title Association, or any successor thereto.

  • Real Property means any estates or interests in real property now owned or hereafter acquired by any Grantor and the improvements thereto.

  • Title Report has the meaning set forth in Section 5.4(b).

  • Mortgaged Real Property means each of the parcels of real property set forth on Schedule 4 hereto, or interests therein, owned in fee by a Credit Party, together with each other parcel of Real Property that shall become subject to a Mortgage after the Closing Date, in each case together with all of such Credit Party’s right, title and interest in the improvements and buildings thereon and all appurtenances, easements or other rights belonging thereto.

  • Title Documents shall have the meaning set forth in Section 4.1.

  • Blanket encumbrance means a trust deed or mortgage or any other lien or encumbrance,

  • 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.

  • 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.

  • Leaseholder means a grantee or a person or other legal entity holding a valid lease or licence of occupation with the federal Crown for the use or occupation of land in Jasper National Park, and shall mean Canadian National Railway in respect of lots or land parcels held by Canadian National Railway, and shall mean Jasper National Park of Canada in respect to lots or land parcels held by the Crown;

  • Leasehold condominium means a condominium in which all or a portion of the real estate is subject to a lease the expiration or termination of which will terminate the condominium or reduce its size.

  • Owned Properties has the meaning set forth in Section 3.16.