NJRB 5-51 Fairway - Partnership Endorsement (11-1-23)

NJRB 5-51 FAIRWAY – PARTNERSHIP ENDORSEMENT
THIS ENDORSEMENT IS ISSUED AS PART OF POLICY NUMBER ______________________

ISSUED BY
STEWART TITLE GUARANTY COMPANY

The Company hereby assures the insured partnership that this Policy and the Coverage provided to the insured partnership hereunder shall not be deemed to have lapsed, or to have been forfeited, or to have terminated because of the occurrence, subsequent to the Date of the Policy, of either of the following events (provided that the insured partnership has not been dissolved or discontinued by reason of the following events pursuant to applicable state law):

(a)        the admission or withdrawal of any individual or entity as a partner in the insured partnership, or

(b)        a change in any partner's interest in capital or profits of, or as limited or general partner in, the insured partnership.

Nothing contained herein shall be deemed to be a waiver of any rights the Company may otherwise have under this Policy.

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.

Date: _____________