Extended Coverage. “Extended Coverage” means the deletion from the Title Policy of general exceptions for survey matters, unrecorded easements, mechanics’ liens, unrecorded liens for taxes and assessments and rights of parties in possession (to the extent such deletions are customarily offered by the Title Company in the jurisdiction where the Hotel is located).
Appears in 4 contracts
Samples: Agreement of Purchase and Sale (Chesapeake Lodging Trust), Agreement of Purchase and Sale (Apple REIT Seven, Inc.), Purchase and Sale Agreement (Highland Hospitality Corp)
Extended Coverage. “Extended Coverage” " means the deletion from the Title Policy of general exceptions for survey matters, unrecorded easements, mechanics’ ' liens, unrecorded liens for taxes and assessments and rights of parties in possession (to the extent such deletions are customarily offered by the Title Company in the jurisdiction where the Hotel is located)possession.
Appears in 1 contract
Samples: Agreement of Purchase and Sale (CNL Hospitality Properties Inc)
Extended Coverage. “Extended Coverage” means the deletion from the Title Policy of general exceptions for survey matters, unrecorded easements, mechanics’ liens, unrecorded liens for taxes and assessments and rights of parties in possession (under unrecorded leases, to the extent such deletions are customarily offered by the Title Company in the jurisdiction state where the Hotel is located)located and (if applicable) that Buyer satisfies the condition specified in Section 4.2.
Appears in 1 contract
Extended Coverage. “Extended Coverage” means the deletion from the Title Policy of general exceptions for survey matters, unrecorded easements, mechanics’ liens, unrecorded liens for taxes and assessments and rights of parties in possession (to the extent such deletions are customarily offered by the Title Company in the jurisdiction where the Hotel is located).such
Appears in 1 contract
Samples: Agreement of Purchase and Sale of Real Property and Joint Escrow Instructions
