No Damage. There exists no unrepaired or unrestored damage to the Mortgaged Property from fire or other casualty since the date of the Bond Mortgage that would materially and adversely affect its value as security for the Bond Mortgage, or, if such damage exists, sufficient funds have been escrowed to fully restore the Mortgaged Property to the same size and density as existed prior to such casualty, and such restoration is permitted under all applicable building and zoning laws and regulations.
Appears in 5 contracts
Samples: Pledge and Security Agreement (America First Tax Exempt Investors Lp), Pledge and Security Agreement (America First Multifamily Investors, L.P.), Pledge and Security Agreement (America First Multifamily Investors, L.P.)
No Damage. There exists no unrepaired or unrestored damage to the Mortgaged Property from fire or other casualty since the date of the Bond Reimbursement Mortgage that would materially and adversely affect its value as security for the Bond Reimbursement Mortgage, or, if such damage exists, sufficient funds have been escrowed to fully restore the Mortgaged Property to the same size and density as existed prior to such casualty, and such restoration is permitted under all applicable building and zoning laws and regulations.
Appears in 3 contracts
Samples: Multifamily SCR Debt Agreement, Multifamily SCR Debt Agreement, Multifamily SCR Debt Agreement
No Damage. There Except as set forth on Schedule D, there exists no unrepaired or unrestored damage to the Mortgaged Property from fire or other casualty since the date of the Bond Mortgage that would materially and adversely affect its value as security for the Bond Mortgage, or, if such damage exists, sufficient funds have been escrowed to fully restore the Mortgaged Property to the same size and density as existed prior to such casualty, and such restoration is permitted under all applicable building and zoning laws and regulations.
Appears in 1 contract
Samples: Pledge and Security Agreement (Centerline Holding Co)
