Page 117 - ALTA Endorsements Guide

A L T A E N D O R S E M E N T

1-06 to 9.6.1-06 9.7-06 to 17.1-06 17.2-06 to 28.3-06 29-06 to 36.6-06 36.7-06 to 46-06

connection with the restoration or relocation; and (iii) restoring the Land to the extent damaged as
a result of the disassembly, removal and relocation of the Severable Improvement and required of
the Insured solely because of the Eviction.
b. Rent, easement payments or damages for use and occupancy of the Land prior to the Eviction
that the Insured as owner of the Leasehold Estate or the Easement Interest, as applicable, may
be obligated to pay to any person having paramount title to that of the lessor in the Lease or the
grantor in the Easement, as applicable.
c. The amount of rent, easement payments or damages that, by the terms of the Lease or the
Easement, as applicable, the Insured must continue to pay to the lessor or grantor after Eviction
with respect to the portion of the Leasehold Estate or Easement Interest, as applicable, from
which the Insured has been Evicted.
d. The fair market value, at the time of the Eviction, of the estate or interest of the Insured in any
lease, sublease or easement specifically permitted by the Lease or Easement, as applicable, and
made by the Tenant as lessor or grantor of all or part of the Leasehold Estate or Easement
Interest, as applicable.
e. Damages caused by the Eviction that the Insured is obligated to pay to lessees or sublessees or
easement or subeasement grantees on account of the breach of any lease or sublease or
easement or subeasement specifically permitted by the Lease or the Easement, as applicable,
and made by the Tenant as lessor or grantor of all or part of the Leasehold Estate or Easement
Interest, as applicable.

f. The reasonable cost to obtain land use, zoning, building and occupancy permits, architectural
and engineering services and environmental testing and reviews for a replacement leasehold
reasonably equivalent to the Leasehold Estate or a replacement easement reasonably equivalent
to the Easement Interest, as applicable.

g. If any Electricity Facility is not substantially completed at the time of Eviction, the actual cost
incurred by the Insured up to the time of Eviction, less the salvage value, for the Electricity Facility
located on that portion of the Land from which the Insured is Evicted. Those costs include costs
incurred to construct and fabricate the Electricity Facility, obtain land use, zoning, building and
occupancy permits, architectural and engineering services, construction management services,
environmental testing and reviews, and landscaping, and cancellation fees related to the
foregoing.
6. This endorsement does not insure against loss, damage or costs of remediation (and the
Company will not pay costs, attorneys' fees, or expenses) resulting from environmental damage
or contamination.

This endorsement is issued as part of the policy. Except as it expressly states, it does not (i) modify any
of the terms and provisions of the policy, (ii) modify any prior endorsements, (iii) extend the Date of
Policy, or (iv) increase the Amount of Insurance. To the extent a provision of the policy or a previous
endorsement is inconsistent with an express provision of this endorsement, this endorsement controls.
Otherwise, this endorsement is subject to all of the terms and provisions of the policy and of any prior
endorsements.

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