Common use of Immediate Repairs Clause in Contracts

Immediate Repairs. In addition to any Repairs required to be completed pursuant to a Repair and Escrow Agreement, F▇▇▇▇▇▇ Mac may in its discretion also require a Borrower to make immediate Repairs to a Property depending upon the condition of such Property within a period of time prior to the Origination Date. Any immediate Repairs and the timeframe within which such immediate Repairs must be completed will be set forth in the Commitment.

Immediate Repairs. In addition to any Repairs required to be completed pursuant to a Repair and Escrow Agreement, F▇▇▇▇▇▇▇ Mac may in its discretion also require a Borrower to make immediate Repairs to a Property depending upon the condition of such Property within a period of time prior to the Origination Date. Any immediate Repairs and the timeframe within which such immediate Repairs must be completed will be set forth in the Commitment.