No Default Certificate. Upon request, Borrower shall furnish to the Lender, within ten (10) days after request by the Lender, a certificate of the Borrower stating that no Event of Default has occurred or, if an Event of Default has occurred, stating its nature, how long it has existed and what action the Borrower proposes to take with respect to the Event of Default.
Appears in 4 contracts
Samples: Commercial Loan Agreement (Red Oak Capital Fund II, LLC), Commercial Loan Agreement (Red Oak Capital Fund II, LLC), Commercial Loan Agreement (Red Oak Capital Fund II, LLC)
No Default Certificate. Upon request, Borrower shall furnish to the Lender, within ten (10) days after request by the Lender, a certificate of the Borrower stating that no Event of Default has occurred or, if an Event of Default has occurred, stating its nature, how long it has existed and what action the Borrower proposes to take with respect to the Event of Default.
Appears in 1 contract
No Default Certificate. Upon request, Borrower shall furnish Furnish to the Lender, within ten (10) days after request by the Lender, a certificate of the Borrower stating that no Event of Default has occurred or, if an Event of Default has occurred, stating its nature, how long it has existed and what action the Borrower proposes to take with respect to the Event of Default.
Appears in 1 contract
Samples: Loan Agreement (Asha Corp)
No Default Certificate. Upon request, Borrower shall furnish to the Lender, within ten (10) days after request by the Lender, a certificate executed by the Chief Financial Officer of the Borrower stating that no Event of Default has occurred or, if an Event of Default has occurred, stating its nature, how long it has existed and what action the Borrower proposes to take with respect to the Event of Default.
Appears in 1 contract
No Default Certificate. Upon request, Borrower shall furnish Furnish to the LenderBank, within ten (10) days after request by the LenderBank, a certificate of the Borrower stating that no Event of Default has occurred or, if an Event of Default has occurred, stating its nature, how long it has existed and what action the Borrower proposes to take with respect to the Event of Default.
Appears in 1 contract
No Default Certificate. Upon request, Borrower shall furnish Furnish to the Lender, within ten (10) days after request by the Lender, a certificate of the Borrower stating that no Event of Default has occurred or, if an Event of Default has occurred, stating its nature, how long it has existed and what action the Borrower proposes to take with respect to the Event of Default.
Appears in 1 contract
Samples: Construction Loan Agreement (Meritage Hospitality Group Inc /Mi/)
