Lender Requirement Sample Clauses

Lender Requirement. Notwithstanding the provision of Section ------------------- 12.1 above, or any other provision of this Agreement to the contrary, in the ---- event that Lender requires, as a condition to closing the Loan pursuant to the Loan Commitment, that Buyer purchase one or more ROFO Parcels ("Required ROFO ------------- Parcels"), Buyer agrees to purchase from Seller, and Seller agrees to sell to ------- Buyer, the Required ROFO Parcels for a purchase price equal to the fair market value thereof as established by agreement between Seller and Buyer, or if Seller and Buyer are unable to agree upon such fair market value within five (5) days after notification by Lender of the requirement to acquire the Required ROFO Parcels, by arbitration pursuant to Section 12.3 hereof. Such arbitration(s) ---- will be conducted in the city in which the affected ROFO Parcel(s) are located, and will be completed within thirty-five (35) days after notification by Lender of the requirement to acquire the Required ROFO Parcels. Seller will convey good and marketable title to the Required ROFO Parcels, free and clear of liens and encumbrances, by special warranty deed in the form attached to this Agreement as Form F-1. Title insurance and surveying costs, recording taxes and fees will be borne in accordance with the standard commercial practice prevailing in the applicable market.
Sample 1
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Lender Requirement. Landlord’s Mortgagee under the construction/permanent financing for the New Loan referenced in Section 39.2 above is allowing Tenant to complete construction of the Landlord’s Work to the Demised Premises as permitted by Section 4.1.2 of Exhibit “B” to this Lease in the event of the failure by Landlord to do so. In recognition thereof, Landlord and Tenant have agreed to the provisions set forth in this Section 40. The provisions set forth below shall be applicable if, and only if, (i) Landlord defaults on its obligations to complete construction of the Landlord’s Work, and (ii) Tenant exercises its right to complete the Landlord’s Work, and (iii) Tenant has not materially defaulted on its obligations to provide the funds to pay for the costs of the Landlord’s Work, and (iv) there is no other default by Tenant which is a proximate cause for Landlord’s failure to complete construction of the Landlord’s Work, in which event the provisions set forth below in this Section 40 shall become applicable. Once these provisions become applicable, these provisions shall prevail over any inconsistent provisions contained elsewhere in this Lease (including Exhibit B to this Lease).
Sample 1
Lender Requirement. If any lender to the Company or a Member is determined by any applicable Gaming Authority to be unsuitable, the result of which is to threaten the revocation, suspension, termination or rescission of any Gaming Approvals, or result in any other penalty to the Company, or if, under such circumstances any Gaming Authority orders that the Company or a Member disassociate from a lender, such unsuitability shall be cured in accordance with applicable Law or such lender shall be subject to any other remedies as shall be required by applicable Law.
Sample 1

Related to Lender Requirement

  • W-9 Requirement Alongside a signed copy of this Agreement, Grantee will provide Florida Housing with a properly completed Internal Revenue Service (“IRS”) Form W-9. The purpose of the W-9 form is to document the SS# or FEIN# per the IRS. Note: W-9s submitted for any other entity name other than the Grantee’s will not be accepted.

  • Release Requirement Notwithstanding any provision herein to the contrary, except as otherwise determined by the Company, in order for the Grantee to receive Shares pursuant to the settlement of Vested RSUs under Section 6(a), (b), (c), (d) or (e) above, the Grantee (or the representative of his or her estate) must execute and deliver to the Company a general release and waiver of claims against the Company, its Subsidiaries and their directors, officers, employees, shareholders and other affiliates in a form that is satisfactory to the Company (the “Release”). The Release must become effective and irrevocable under applicable law no later than 60 days following the date of the Grantee’s death, termination of employment or transfer of position, as applicable.

  • Facility Requirements 1. Maintain wheelchair accessibility to program activities according to governing law, including the Americans With Disabilities Act (ADA), as applicable.

  • Age Requirement The employee must have reached the age of fifty-five (55) before reduction in workload.

  • Insurance Requirement A. General Provisions Applying to All Policies

  • Issuing Lender Reporting Requirements Each Issuing Lender shall, on the first Business Day of each month, provide to Administrative Agent and Borrower a schedule of the Letters of Credit issued by it, in form and substance satisfactory to Administrative Agent, showing the date of issuance of each Letter of Credit, the account party, the original face amount (if any), and the expiration date of any Letter of Credit outstanding at any time during the preceding month, and any other information relating to such Letter of Credit that the Administrative Agent may request.

  • Funding Requirements A. It is mutually understood between the parties that this contract may have been written before ascertaining the availability of funds or appropriation of funds, for the mutual benefit of both parties, in order to avoid program and fiscal delays that would occur if the contract were executed after that determination was made.

  • Service Requirement Except as otherwise provided in Section 6(e) of the Plan or Section 2 of this Agreement, this Option may be exercised only while you continue to provide Service to the Company or any Affiliate, and only if you have continuously provided such Service since the Grant Date of this Option.

  • Administrative Requirements A. Financial Management

  • Notice Requirement No termination of this Agreement shall be effective unless and until the party terminating this Agreement gives prior written notice to all other parties of its intent to terminate, which notice shall set forth the basis for the termination. Furthermore,

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