WA STG Endorsement (Energy Project - Additional Definitions)
ATTACHED TO POLICY NUMBER ______________________
STEWART TITLE GUARANTY COMPANY
In this policy:
1. “Electricity Facilities” means those electricity generating facilities, substations, transmission, distribution and collector lines and interconnections, transformers, generators, turbines, solar panels and modules, circuit breakers, footings, towers, poles, cross-arms, guy lines, anchors, wires, control systems, communications or radio relay systems, safety protection facilities, roads, and other buildings, structures, fixtures, improvements, facilities, machinery, equipment, appliances and other items associated with or incidental to the generation, conversion, storage, switching, metering, step-up, step-down, transmission, conducting, wheeling, sale or other use or conveyance of electricity, existing at Date of Policy or to be built or constructed according to the Plans, which by law constitute real property.
2. "Severable Improvement" means property affixed to the Land at Date of Policy or to be affixed according to the Plans, that would constitute Electricity Facilities but for its characterization as personal property, and that by law does not constitute real property because (a) of its character and manner of attachment to the Land and (b) the property can be severed from the Land without causing material damage to it or to the Land.
3. “Project Facilities” means the Electricity Facilities and the Severable Improvements, together.
4. “Plans” means the survey, site and elevation plans or other depiction or drawing prepared by_________________, last revised ____________, designated as [Name of Project or Project No.] consisting of _______________sheet(s).
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.
Signed under seal for the Company, but this endorsement is to be valid only when it bears an authorized countersignature.
No guidelines are available for this form at this time.