Title Endorsement

Title Endorsement. With respect to each amended Mortgage a date-down endorsement to each existing title insurance policy insuring the Lien of each Mortgage (each a "Title Endorsement," collectively, the "Title Endorsements") (x) insuring that such Mortgage, as amended by such Mortgage Amendment, is a valid and enforceable lien on such Mortgaged Property in favor of the Administrative Agent for the benefit of the Secured Parties free and clear of all Liens except Permitted Liens and (y) otherwise in form and... substance reasonably satisfactory to the Administrative Agent; View More