Common use of Conditions for Consent Clause in Contracts

Conditions for Consent. The Agency will consent to the terms of a junior lien if all of the following conditions are met: (1) The borrower’s ability to make scheduled loan payments is not jeop- ardized; (2) The borrower provides the Agency a copy of the farm operating plan sub- mitted to the junior lienholder, and the plan is consistent with the Agency op- erating plan;

Appears in 4 contracts

Sources: Training Agreement, Training Agreement, Training Agreement