Mortgage Financing. If, as evidenced by the Qualification Letter, Buyer will be utilizing mortgage financing to pay for a portion of the Purchase Price, then the following provisions shall be applicable:
Mortgage Financing. ■ 36 The Purchase Agreement IS IS NOT subject to the mortgage financing provisions below. If IS, complete the MORTGAGE 37 FINANCING section below. 38 Buyer shall apply for and secure, at Xxxxx's expense, a: 39 CONVENTIONAL 40 OTHER 41 Mortgage estimated to be % of the sale price amortized monthly over a period of not more than years with an 42 initial mortgage interest rate of no more than % per year with 0 discount points (0.5 if required by financing program), plus 43 Private Mortgage Insurance, if applicable.
Mortgage Financing. 13.1 The Purchaser shall have the right to obtain home loan, finance from any Bank/Financial Institution for the purpose of creating a mortgage in respect of the said Unit provided however the Mortgagee shall observe and perform all the covenants restrictions stipulations terms and conditions including payment of various charges and deposits as agreed in this Agreement.
Mortgage Financing. In the event Landlord desires to obtain mortgage financing and Landlord's mortgagee or mortgagees reasonably request certain modifications or amendments to this Lease, then Tenant, on not less than twenty (20) days advance notice, agrees to execute such modifications or amendments as required. Notwithstanding the foregoing, Tenant shall not be required to execute any modifications or amendments to this Lease which shall modify the provisions of this Lease relating to the amount of Rent or other charges or costs to be paid by Tenant, Tenant's rights or obligations under the Lease, the size of the Premises, notice periods, notice requirements, cure periods, the duration of the term of this Lease, or otherwise subject Tenant to additional cost, expense, risk, liability or obligations. Tenant agrees to cooperate with Landlord's efforts in obtaining said mortgage financing provided there is no cost or expense to Tenant.
Mortgage Financing. Neither the Redeveloper nor any successor in interest to the Project Area, Project Improvements, or any part thereof, shall engage in any financing or any other transaction creating any mortgage or other encumbrance or lien upon the Project Area, Project Improvements, or any part thereof, (other than mortgages or liens for governmental impositions, the loan agreement, any security agreement, the Third Party Financing, and for the purpose of obtaining funds in connection with the acquisition and/or restoration of the Project Area and the construction of the Project Improvements, and such encumbrances required for the development and construction of the Project Improvements), whether by express agreement or operation of law, or suffer any encumbrance or lien to be made or attach to the Project Area, Project Improvements, or any part thereof, except such encumbrances required for the development and construction of the Project Improvements, provided, however, that upon the issuance of a Certificate of Completion, such prohibition shall no longer apply with respect to the corresponding parcel of land and improvements. Redeveloper shall promptly notify the Borough of any encumbrance or lien (other than mortgage liens and liens for governmental impositions) that has been created on or attached to any portion of the Project Area, Project Improvements, or any part thereof, whether by voluntary act of the Redeveloper or otherwise, upon obtaining knowledge or notice of same. The provisions of this Agreement shall not be deemed to grant to Borough the right to approve or review the terms of any such proposed financing.
Mortgage Financing. As soon as available and in no event later than 30 days prior to the closing of any mortgage financing against an Unencumbered Property, a certificate prepared by management of Borrower (i) advising Administrative Agent of the proposed mortgage financing, (ii) detailing the Property or Properties to be mortgaged, (iii) setting forth the source and terms of such financing, (iv) providing a copy of the appraisal, if any, to Administrative Agent if in the possession or control of Borrower, and (v) evidencing compliance with the Borrowing Base and all of the financial covenants set forth in Section 5.03 hereof after giving effect to such mortgage financing;
Mortgage Financing. In the event Landlord desires to obtain mortgage financing and Landlord's mortgagee or mortgagees request certain mortgage modifications or amendments to this Lease, then Tenant, on demand, agrees to execute such modifications or amendments as required. Notwithstanding the foregoing, Tenant shall not be required to execute any modifications or amendments to this Lease which shall modify the provisions of this Lease relating to the amount of rent or other charges to be paid by Tenant, the size of the Premises, the duration of the term of this Lease, or otherwise subject Tenant to additional cost or expense. Tenant agrees to cooperate with Landlord's efforts in obtaining said mortgage financing.
Mortgage Financing. If Contract is contingent on obtaining financing, an application for mortgage financing shall be made within two (2) business days from Contract Effective Date. Buyer shall obtain a written loan commitment from Buyer’s lender and provide a copy to Seller on or before 10 calendar days from the Effective Date of the Contract. In the event the Buyer’s financing is denied, Buyer shall provide a written letter from Buyer’s lender to support any request to terminate the contract. In the event Buyers are unable to obtain with the lender of their choosing, Cornerstone Relocation Group reserves the right to pursue financing through Cornerstone Relocation’s lenders. In the event Cornerstone Relocation Group is able to secure Buyer’s financing upon terms and conditions comparable to those identified in the contract, Buyer’s agree to close as provided in the contract. Buyer agrees to cooperate fully with any such financing.
Mortgage Financing. 25.01 No Encumbrances Except for Development or Refinancing Purposes 25.02 Holder Not Obligated to Construct 25.03 Failure of Holder to Complete Construction 25.04 Default by Tenant and OCII's Rights
