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).
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Sources: Agreement of Purchase and Sale (Chesapeake Lodging Trust), Purchase and Sale Agreement (Highland Hospitality Corp), Purchase and Sale Agreement (Apple REIT Seven, 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 (to the extent such deletions are customarily offered by the Title Company in the jurisdiction where the Hotel is located).such
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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
Sources: 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.
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