Laserfiche WebLink
SCHEDULE B <br /> Page it (continued) <br /> Order No: 3007490 MM Your Ref: 993483 <br /> CORPORATION: A. DEL MONTE CORPORATION, A NEW YORK CORPORATION <br /> B. DEL MONTE MANUFACTURING, INC. , A DELAWARE CORP. <br /> (A) A COPY OF THE CORPORATION BY-LAWS OR ARTICLES. <br /> (B) AN ORIGINAL OR CERTIFIED COPY OF THE RESOLUTION AUTHORIZING THE <br /> SUBJECT TRANSACTION, TOGETHER WITH A CERTIFICATE OF COMPLIANCE PURSUANT TO <br /> SECTION 5912 OR 7912 CORPORATIONS CODE. <br /> (C) IF THE ARTICLES OR BY-LAWS REQUIRE APPROVAL BY A "PARENT" <br /> ORGANIZATION, WE WILL ALSO REQUIRE A COPY OF THOSE BY-LAWS OR ARTICLES. <br /> BC NOTE NO. 2: THE CHARGES FOR A POLICY OF TITLE INSURANCE, WHEN ISSUED <br /> THROUGH THIS TITLE ORDER, WILL BE BASED ON THE SHORT-TERM RATE. <br /> BD NOTE NO. 3: IF THIS COMPANY IS REQUESTED TO DISBURSE FUNDS IN CONNECTION <br /> WITH THIS TRANSACTION, CHAPTER 598, STATUTES OF 1989 MANDATES HOLD PERIODS <br /> FOR CHECKS DEPOSITED TO ESCROW OR SUB-ESCROW ACCOUNTS. <br /> BE NOTE NO. 4: IF A 1970 ALTA OWNER'S OR LENDER'S OR 1975 ALTA LEASEHOLD <br /> OWNER'S OR LENDER'S POLICY FORM HAS BEEN REQUESTED, THE POLICY, WHEN <br /> APPROVED FOR ISSUANCE, WILL BE ENDORSED TO ADD THE FOLLOWING TO THE <br /> EXCLUSIONS FROM COVERAGE CONTAINED THEREIN: <br /> LOAN POLICY EXCLUSION: - <br /> ANY CLAIM, WHICH ARISES OUT OF THE TRANSACTION CREATING THE INTEREST OF THE <br /> MORTGAGEE INSURED BY THIS POLICY, BY REASON OF THE OPERATION OF FEDERAL <br /> BANKRUPTCY, STATE INSOLVENCY, OR SIMILAR CREDITORS' RIGHTS LAWS, THAT IS <br /> BASED ON: <br /> (i) THE TRANSACTION CREATING THE INTEREST OF THE INSURED MORTGAGEE <br /> BEING DEEMED A FRAUDULENT CONVEYANCE OR FRAUDULENT TRANSFER; OR <br /> (ii) THE SUBORDINATION OF THE INTEREST OF THE INSURED� MORTGAGEE AS A <br /> RESULT OF THE APPLICATION OF THE DOCTRINE OF EQUITABLE SUBORDIN- <br /> ATION; OR <br /> (iii) THE TRANSACTION CREATING THE INTEREST OF THE INSURED MORTGAGEE <br /> BEING DEEMED A PREFERENTIAL TRANSFER EXCEPT WHERE THE PREFEREN- <br /> TIAL TRANSFER RESULTS FROM THE FAILURE TO: <br /> (a) TO TIMELY RECORD THE INSTRUMENT OF TRANSFER; OR <br /> (b) OF SUCH RECORDATION TO IMPART NOTICE TO A PURCHASER FOR <br /> VALUE OR A JUDGMENT OR LIEN CREDITOR. <br /> OWNER'S POLICY EXCLUSION: <br /> PREUMBGB/M/B k <br />