Page 52 - 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

extent damaged as a result of the removal and relocation of the Personal Property and required of the
Insured solely because of the Eviction.

b. Rent or damages for use and occupancy of the Land prior to the Eviction that the Insured as owner of the
Leasehold Estate may be obligated to pay to any person having paramount title to that of the lessor in the
Lease.

c. The amount of rent that, by the terms of the Lease, the Insured must continue to pay to the lessor after
Eviction with respect to the portion of the Leasehold Estate and Tenant Leasehold Improvements 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 or
sublease permitted by the Lease and made by the Insured as lessor of all or part of the Leasehold Estate
or the Tenant Leasehold Improvements.

e. Damages caused by the Eviction that the Insured is obligated to pay to lessees or sublessees on account
of the breach of any lease or sublease permitted by the Lease and made by the Insured as lessor of all or
part of the Leasehold Estate or the Tenant Leasehold Improvements.
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.

g. If Tenant Leasehold Improvements are not substantially completed at the time of Eviction, the actual cost
incurred by the Insured, less the salvage value, for the Tenant Leasehold Improvements up to the time of
Eviction. Those costs include costs incurred to obtain land use, zoning, building and occupancy permits,
architectural and engineering services, construction management services, environmental testing and
reviews, and landscaping.

4. 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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