First Amendment Endorsements

Example Definitions of "First Amendment Endorsements"
First Amendment Endorsements. Shall mean a collective reference to: (i) such endorsements to the Existing Title Insurance Policies as may be required by Agent Bank in order to provide for each of the Title Insurance Policies to insure the lien and priority of the insured Deed of Trust thereunder, as such Deed of Trust is modified by the applicable First Amendment Deed of Trust Modification; (ii) tie-in endorsements to the Existing Title Insurance Policies, in a form acceptable to Agent Bank, causing each Title Insurance... Policy to be tied to all other Title Insurance Policies (to the extent such tie-in endorsements are available); (iii) if acceptable tie-in endorsements are issued to all of the Existing Title Insurance Policies, such endorsements to the Existing Title Insurance Policies as may be required by Agent Bank in order to provide for aggregate coverage thereunder, in the amount of One Hundred Fifty-Five Million Dollars ($155,000,000.00); (iv) if acceptable tie-in endorsements are not issued to all of the Existing Title Insurance Policies, such endorsements as may be required by Agent Bank to provide for coverage under each Title Insurance Policy in such amounts as may be required by Agent Bank; and (v) such other endorsements to the Existing Title Insurance Policies as may be required by Agent Bank in its reasonable discretion. View More
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