Mortgage Title Insurance Policy definition

Mortgage Title Insurance Policy means, with respect to any Mortgage Instrument, an ALTA mortgagee title insurance policy issued by a title insurance company (the “Title Insurance Company”) selected by the Administrative Agent in an amount satisfactory to the Administrative Agent, in form and substance satisfactory to the Administrative Agent.
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Mortgage Title Insurance Policy shall have the meaning ascribed to the term “Title Insurance Policies” in the Mortgage Loan Agreement.
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Mortgage Title Insurance Policy means an American Land Title Association Standard Loan Policy (ALTA form) revised to the most recent date delivered to the Bond Purchaser on the Closing Date and insuring the liens of the Deed of Trust and Assignment of Rents are in the priority positions described in such policy.
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Examples of Mortgage Title Insurance Policy in a sentence

  • A Mortgage Title Insurance Policy insuring the appropriate County.

  • By agreement of the parties, the expense of providing the Owner's Title Insurance Policy shall be divided equally between them, and if a Mortgage Title Insurance Policy is required, the full expense of providing said Mortgage Title Insurance Policy shall be paid by the Buyer.

  • Such Survey shall reflect the same legal description contained in the Mortgage Title Insurance Policy relating to such Substitute Property and shall include, among other things, a metes and bounds description of the real property constituting part of such Substitute Property (unless such real property has been satisfactorily designated by lot number on a recorded plat).

  • The purpose of this sub- part is to implement policies con- cerning insurance coverage required under the Annual Contributions Con- tract (ACC) between the U.S. Depart- ment of Housing and Urban Develop- ment (HUD) and a Public Housing Agency (PHA).(b) Applicability.

  • Borrower shall provide a Mortgage Title Insurance Policy in an amount of coverage equal to the amount of the Existing Mortgage and New Mortgage as consolidated by the Consolidated Mortgage in form and substance reasonably acceptable to Lender (i) Other.

  • An Interim Title Insurance Binder, Preliminary Title Report or ALTA Mortgage Title Insurance Policy may be issued in conjunction with a construction loan for sixty percent (60%) of the Basic Schedule of Rates.

  • Wouters, Esq, who was from the firm of Bathgate, Wegener and Wolf (BWW), was responsible for obtaining a Mortgage Title Insurance Policy and finalizing the Opinion Letter.

  • Sellers shall deliver to the Closing any ---------------- affidavits required by the Title Company in order that the Owner's Title Insurance Policy and Mortgage Title Insurance Policy may be issued free and clear of the standard exceptions which the Title Company is permitted by applicable law to remove or modify upon delivery of such affidavits of Sellers.

  • BUYER TO PAY FOR: Preparation of Mortgage, Note, or any other security instruments except Land Contract; Mortgage Title Insurance Policy; Mortgage Survey Report, if required; Recording of Deed and/or Security Instruments; Attorney’s Opinion and/or services on behalf of the Buyer; Mortgage closing cost as required by mortgage including, appraisal.

  • Borrower, at its cost and expense, shall cause the Title Company to issue to Bank at the time of the first disbursement on the RLC or the Model Loan an endorsement to the ALTA Extended Coverage Mortgage Title Insurance Policy, with Number 3R and 5 Endorsements, insuring the Deed of Trust, to increase such Policy's coverage amount by $3,485,000.00 insuring the Deed of Trust in Bank's favor to be a valid first lien and encumbrance on the Property subject only to the matters listed as exceptions therein.


More Definitions of Mortgage Title Insurance Policy

Mortgage Title Insurance Policy means, with respect to each Individual Property, an ALTA mortgagee title insurance policy acceptable to Mortgage Lender (or, if an Individual Property is located 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 Mortgage Lender) issued with respect to such Individual Property and insuring the lien of the Security Instrument encumbering such Individual Property.
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Mortgage Title Insurance Policy. Section 4.15(c) "Nevada Gaming Authorities" Section 10.03(t) "Nevada Law" Section 1.01 "Note Acquisition Deadline" Section 7.16(c) "Note Funding" Section 7.16(d) "Noteholder Consent" Section 7.16(b)(i) "Noteholders" Section 7.16(b)(i) "Officers" Section 8.02(a) "Opco" Section 10.03(u) "Options" Section 2.04(a) "Option Plans" Section 2.04(a) "Option Price" Section 2.04(a) "Option Shares" Section 6.01(a)(iii) "Other Stock Plan" Section 2.04(b) "Outside Date" Section 9.01(b)(i) "Parent" Preamble "Parent Benefit Plans" Section 7.09(a) "Parent's Applicants" Section 10.03(v) "Participant" Section 4.09(a) "Paying Agent" Section 2.03(a) "Permits" Section 4.12 "Permitted Liens" Section 4.15(b) "person" Section 10.03(w) "Progress Certificate" Section 7.17(b)(iii) "Property Restrictions" Section 4.15(b) "Proxy Statement" Section 4.04(b) "Regulatory Action" Section 10.03(x) "Regulatory Filing" Section 7.17(b)(i) "Reimbursement Agreements" Section 4.15(l) "Release" Section 4.13(b)(iv) "Representatives" Section 10.03(y) "Retirement Account Disbursement" Section 10.03(z) "Sarbanes-Oxley Act" Section 4.05(b) "SEC" Section 4.04(b) "Secretary of State" Section 1.03 "Securities Act" Section 4.05(b) "Senior Notes" Section 7.16(a) "Severance Compensation" Section 10.03(aa) "Solicitation Documents" Section 7.16(b)(ii) "Subsidiary" Section 10.03(bb) "Superior Proposal" Section 6.02(e) "Surviving Corporation" Section 1.01 "Tail Coverage" Section 7.08(b) "Tail Policy" Section 7.08(b) "Takeover Proposal" Section 6.02(e) "Taxes" Section 4.08(a) "Tax Return" Section 4.08(a) "Taxing Authority" Section 4.08(a) "Termination Fee" Section 9.02(b) "Third Party" Section 4.15(m) "Third Party Licenses" Section 4.16(c) "Topping Fee" Section 9.02(c) "Transactions" Section 1.01 "Transfer Taxes" Section 7.14(a) "2005 Option Plans" Section 10.03(cc) "Voting Company Debt" Section 4.02(a) "WARN Act" Section 4.20 "Westerman Stock Purchase Agreement" Section 4.02(b) AGREEMENT AND PLAN OF MERGER This AGREEMENT AND PLAN OF MERGER, dated as of April 5, 2006 (this "Agreement"), is entered into by Riv Acquisition Holdings Inc., a Delaware corporation ("Parent"); Riv Acquisition Inc., a Nevada corporation ("Merger Sub") and a wholly-owned subsidiary of Parent; and Riviera Holdings Corporation, a Nevada corporation (the "Company").
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Mortgage Title Insurance Policy means an American Land Title Association loan policy (1970 Form), insuring the Mortgage as a valid and subsisting first mortgage, encumbering the Project, subject only to the Permitted Existing Liens, and naming the Administrative Agent as the insured party, in such form as excludes any exception for creditors' rights, and containing (i) a so-called Florida Form 9 endorsement; (ii) a survey endorsement; (iii) a contiguity endorsement; (iv) an additional interest endorsement; and (v) such other endorsements as the Administrative Agent may require and which are available in the State of Florida, and also accompanied by reinsurance in such amounts and from such title insurance reinsurers as the Administrative Agent may require, provided pursuant to direct access facultative reinsurance agreements in form and substance satisfactory to Administrative Agent, as such title insurance policy and reinsurance agreements may be revised and updated from time to time with the Administrative Agent's consent.
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Mortgage Title Insurance Policy means an American Land Title Association loan policy (ALTA 1970/84 Form), insuring the Florida Mortgage as a valid and subsisting first mortgage, encumbering the Opryland Hotel Florida, subject only to the Permitted Existing Liens, and naming the Administrative Agent as the insured party, in such form as excludes any exception for creditors' rights, and containing (a) a Florida Form 9 endorsement, (b) a survey endorsement, (c) a contiguity endorsement, (d) an additional interest endorsement, and (e) variable rate, revolving credit and such other endorsements as the Administrative Agent may require and which are available in the State of Florida, and also accompanied by reinsurance in such amounts and from such title insurance reinsurers as the Administrative Agent may require, provided pursuant to direct access facultative reinsurance agreements in form and substance satisfactory to Administrative Agent, as such title insurance policy and reinsurance agreements may be revised and updated from time to time with the Administrative Agent's consent.
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Related to Mortgage Title Insurance Policy

  • 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.

  • 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.

  • Primary Mortgage Insurance Policy Any primary mortgage guaranty insurance policy issued in connection with a Mortgage Loan which provides compensation to a Mortgage Note holder in the event of default by the obligor under such Mortgage Note or the related Security Instrument, if any or any replacement policy therefor through the related Interest Accrual Period for such Class relating to a Distribution Date.

  • Mortgage Policies has the meaning specified in Section 6.13(b)(ii).

  • Mortgage Policy has the meaning specified in Section 4.01(a)(iv)(B).

  • Title Policy shall have the meaning set forth in Section 4.2.

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.

  • Title Policies has the meaning set forth in Section 6.17.

  • Title insurance agent means an agent licensed in this Commonwealth to solicit, negotiate, procure,

  • Mortgage Insurance means insurance protecting Lender against the nonpayment of, or default on, the Loan.

  • FHA Mortgage Insurance means, mortgage insurance authorized under the National Housing Act, as amended from time to time, and provided by the FHA.

  • 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.

  • Certificate Insurance Policy The Certificate Guaranty Insurance Policy No. AB1094BE, dated the Closing Date, including any endorsements thereto issued by the Certificate Insurer to the Trustee for the benefit of the Holders of the Insured Certificates, a form of which is attached as Exhibit L hereto.

  • Existing Title Policy means, the existing title insurance policy for the Property.

  • Title Insurer means Chicago Title Insurance Company.

  • Mortgage Impairment Insurance Policy A mortgage impairment or blanket hazard insurance policy as described in Section 4.11.

  • Title Insurance Company as defined in Section 6.1(o).

  • CLTA The California Land Title Association.

  • Primary Mortgage Insurance Insurance obtained from a Primary Mortgage Insurer which insures the holder of a Mortgage Note against loss in the event the related Borrower defaults under such Mortgage Note or the related Security Instrument, including all riders and endorsements thereto.

  • Mortgage Insurer means CMHC, Genworth Financial Insurance Company Canada, or any other company that insures the payment of mortgages to mortgage lenders.

  • Bond Insurance Policy means the municipal bond new issue insurance policy issued by the Bond Insurer that guarantees payment of principal of and interest on the Bonds.

  • Insurance Policies has the meaning set forth in Section 3.16.

  • Environmental Insurance Policy means, with respect to any Mortgage Loan or the related Mortgaged Property or REO Property, any insurance policy covering pollution conditions and/or other environmental conditions that is maintained from time to time in respect of such Mortgage Loan, Mortgaged Property or REO Property, as the case may be, for the benefit of, among others, the Trustee on behalf of the Certificateholders.

  • R&W Insurance Policy means the representations and warranties insurance policy issued to Buyer in connection with the transactions contemplated hereby.

  • Life Insurance Policy has the meaning given in Section 6.11.