Defined Terms and Construction Guidelines Sample Clauses

Defined Terms and Construction Guidelines. Section 1.01 Defined Terms 2 Section 1.02 General Construction 28 ARTICLE 2 MAXIMUM LOAN AMOUNT; PAYMNET TERMS; ADVANCES
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Defined Terms and Construction Guidelines. 7 1.01. Defined Terms 7 1.02. General Construction 7 ARTICLE 2 MAXIMUM LOAN AMOUNT; PAYMENT TERMS; ADVANCES 8 2.01. Commitment to Lend 8 2.02. Calculation of Interest 11 2.03. Payment of Principal and Interest 14 2.04. Payments Generally 15 2.05. Prepayment Rights 16 2.06. Exit Fee 18 2.07. Interest Rate Cap/Hedge 18 ARTICLE 3 INTENTIONALLY OMITTED 20 ARTICLE 4 ESCROW AND RESERVE REQUIREMENTS 20 4.01. Creation and Maintenance of Escrows and Reserves 20 4.02. Tax Escrow 21 4.03. Insurance Premium Escrow 22 4.04. Intentionally Omitted 23 4.05. Immediate Repair Reserve Account 23 4.06. Replacement Reserve Account 23 ARTICLE 5 COMPLETION OF REPAIRS RELATED TO RESERVE ACCOUNTS; CONDITIONS TO RELEASE OF FUNDS 24 5.01. Conditions Precedent to Disbursements from Certain Reserve Accounts 24 5.02. Waiver of Conditions to Disbursement 26 5.03. Direct Payments to Suppliers and Contractors 26 5.04. Performance of Reserve Items 26 ARTICLE 6 LOAN SECURITY AND RELATED OBLIGATIONS 28 6.01. Security Instrument and Assignment of Rents and Leases 28 6.02. Assignment of Property Management Contract 28 6.03. Assignment of Rate Cap Agreement 28 6.04. Assignment of Operating Agreements 28 6.05. Pledge of Property; Grant of Security Interest 28 6.06. Environmental Indemnity Agreement 28 6.07. Guaranty of Borrower Sponsors 29 ARTICLE 7 SINGLE PURPOSE ENTITY REQUIREMENTS 29 7.01. Commitment to be a Single Purpose Entity 29 7.02. Definition of Single Purpose Entity 29 7.03. Lender’s Acknowledgement 33 ARTICLE 8 REPRESENTATIONS AND WARRANTIES 33 8.01. Organization; Legal Status 34 8.02. Power; Authorization; Enforceable Obligations 34 8.03. No Legal Conflicts 34 8.04. No Litigation 34 8.05. Business Purpose of Loan 334 8.06. Warranty of Title 35 8.07. Condition of the Property 35 8.08. No Condemnation 35 8.09. Requirements of Law 35 8.10. Operating Permits 35 8.11. Separate Tax Xxx 00 0.00. Xxxxx Xxxx 36 8.13. Adequate Utilities 36 8.14. Public Access 36 8.15. Boundaries 36 8.16. Mechanic Liens 36 8.17. Assessments 36 8.18. Insurance 36 8.19. Leases 36 8.20. Management Agreement 37 8.21. Financial Condition 37 8.22. Taxes 37 8.23. No Foreign Person 37 8.24. Federal Regulations 37 8.25. Investment Company Act; Other Regulations 37 8.26. ERISA 38 8.27. No Illegal Activity as Source of Funds 38 8.28. Compliance with Anti-Terrorism, Embargo, Sanctions and Anti-Money Laundering Laws 38 8.29. Brokers and Financial Advisors 38 8.30. Equity Contribution 38 8.31. Complete Disclosure; No Change...
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Defined Terms and Construction Guidelines. Section 1.01 Defined Terms 1 Section 1.02 General Construction 27
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Defined Terms and Construction Guidelines 
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Related to Defined Terms and Construction Guidelines

  • Defined Terms Construction 1.01 Defined Terms 1.02 Construction ARTICLE II LOAN 2.01 Loan Terms 2.02 Prepayment Premium 2.03 Exculpation 2.04 Application of Payments 2.05 Usury Savings 2.06 Floating Rate Mortgage - Third Party Cap Agreement ARTICLE III LOAN SECURITY AND GUARANTY 3.01 Security Instrument

  • Defined Terms and Rules of Construction Capitalized terms used but not otherwise defined in this Agreement have the meanings given to them in the Indenture, dated as of [______________], 20[__] (the "Indenture"), between CWHEQ Revolving Home Equity Loan Trust, Series 200_-_ and the Indenture Trustee, and if not defined there, in the Sale and Servicing Agreement. In addition, Section 1.04 (Rules of Construction) of the Indenture is incorporated by reference with appropriate substitution of this Agreement for references in that Section to the Indenture so that the language of that Section will read appropriately as applying to this Agreement.

  • Definition of Terms and Construction 2 1.1 Definitions..............................................2

  • Other Terms; Construction (a) The definitions of terms herein shall apply equally to the singular and plural forms of the terms defined. Whenever the context may require, any pronoun shall include the corresponding masculine, feminine and neuter forms. The words “include,” “includes” and “including” shall be deemed to be followed by the phrase “without limitation.” The word “will” shall be construed to have the same meaning and effect as the word “shall.” Unless the context requires otherwise, (i) any definition of or reference to any agreement, instrument or other document shall be construed as referring to such agreement, instrument or other document as from time to time amended, supplemented, restated or otherwise modified (subject to any restrictions on such amendments, supplements, restatements or modifications set forth herein or in any other Credit Document), (ii) any reference herein to any Person shall be construed to include such Person’s successors and assigns permitted hereunder, (iii) the words “herein,” “hereof” and “hereunder,” and words of similar import when used in any Credit Document, shall be construed to refer to such Credit Document in its entirety and not to any particular provision thereof, (iv) all references in a Credit Document to Articles, Sections, Exhibits and Schedules shall be construed to refer to Articles and Sections of, and Exhibits and Schedules to, the Credit Document in which such references appear, (v) any reference to any law or regulation herein shall, unless otherwise specified, refer to such law or regulation as amended, modified or supplemented from time to time, and (vi) the words “asset” and “property” shall be construed to have the same meaning and effect and to refer to any and all tangible and intangible assets and properties, including cash, securities, accounts and contract rights.

  • Definitions and Construction 1 1.1 Definitions.....................................................................................1 1.2

  • Defined Terms Rules of Construction Capitalized terms used but not otherwise defined herein shall have the meanings assigned to such terms in the Credit Agreement. The rules of construction set forth in Section 1.02 of the Credit Agreement shall apply herein.

  • References and Construction (a) All references in this Agreement to articles, sections, subsections and other subdivisions refer to corresponding articles, sections, subsections and other subdivisions of this Agreement unless expressly provided otherwise.

  • Interpretation and Construction When a reference is made in this Agreement to a Section, such reference shall be to a Section of this Agreement, unless otherwise indicated. The headings contained in this Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement. Whenever the words “include,” “includes” and “including” are used in this Agreement, they shall be deemed to be followed by the words “without limitation.” The words “hereof, “herein” and “hereunder” and words of similar import when used in this Agreement shall refer to this Agreement as a whole and not to any particular provision of this Agreement. The word “will” shall be construed to have the same meaning as the word “shall.” The words “dates hereof” will refer to the date of this Agreement. The word “or” is not exclusive. The definitions contained in this Agreement are applicable to the singular as well as the plural forms of such terms. Any agreement, instrument, law, rule or statute defined or referred to herein means, unless otherwise indicated, such agreement, instrument, law, rule or statute as from time to time amended, modified or supplemented. Each of the parties hereto acknowledges that it has been represented by counsel of its choice throughout all negotiations that have preceded the execution of this Agreement, and that it has executed the same with the advice of said independent counsel. Each party cooperated and participated in the drafting and preparation of this Agreement and the documents referred to herein, and any and all drafts relating thereto exchanged among the parties shall be deemed the work product of all of the parties and may not be construed against any party by reason of its drafting or preparation. Accordingly, any rule of law or any legal decision that would require interpretation of any ambiguities in this Agreement against any party that drafted or prepared it is of no application and is hereby expressly waived by each of the parties hereto, and any controversy over interpretations of this Agreement shall be decided without regards to events of drafting or preparation.

  • Definitions and Rules of Construction 1.1 Unless otherwise defined herein, the following capitalized terms shall have the following meanings:

  • Definitions Rules of Construction In addition to terms otherwise defined herein, the following terms are used herein as defined below:

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