WA STG Endorsement (Energy Project - Land Treated as Single Intergrated Whole)

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WA STG Endorsement (Energy Project - Land Treated as Single Intergrated Whole)

Form Document
10/28/2011
V 2

ENDORSEMENT

ATTACHED TO POLICY NUMBER ______________________

Issued By

STEWART TITLE GUARANTY COMPANY

Order Number: ____________

Date: _______________

Premium: $________

For purposes of this policy, the Company acknowledges that the term Land shall take into account the fact that the Land is made up of a number of parcels (at times referred to in this policy as the “Constituent Parcels”) that make up one integrated whole on which there are or will be operating Electricity Generation and Transmission Facilities.  The Company agrees that in the event it becomes necessary to calculate loss or damage to the Insured arising from any defect, lien, encumbrance or other matter insured against by this policy (“Defect”), the calculation of the loss or damage shall include the diminution in value, if any, to all of the Constituent Parcels, to the extent that the diminution in value is directly or indirectly caused by the Defect.

Signed under seal for the Company, but this endorsement is to be valid only when it bears an authorized countersignature.

Countersigned by:

_____________________________
Authorized Countersignature

_____________________________
Company Name

_____________________________
City, State

No guidelines are available for this form at this time.