Common use of Outstanding Obligations Clause in Contracts

Outstanding Obligations. Borrower shall have no obligations as of the date of this Agreement except those approved by HUD in writing and, except for those approved obligations, the Land has been paid for in full (or if the Land is subject to a leasehold interest, it must be subject to a HUD-approved lease), and is free from any liens or purchase money obligations, except as approved by HUD. As of the date hereof, all contractual obligations relating to the Project have been fully disclosed to HUD.

Appears in 17 contracts

Samples: Healthcare Regulatory Agreement, Healthcare Regulatory Agreement, Healthcare Regulatory Agreement (Summit Healthcare REIT, Inc)

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Outstanding Obligations. Borrower shall have no obligations as of the date of this Agreement except those approved by HUD in writing including those obligations existing pursuant to the First Mortgage Documents, and, except for those approved obligations, the Land has been paid for in full (or if the Land is subject to a leasehold interest, it must be subject to a HUD-approved lease), and is free from any liens or purchase money obligations, except as approved by HUD. As of the date hereof, all contractual obligations relating to the Project have been fully disclosed to HUD.

Appears in 7 contracts

Samples: Regulatory Agreement, Regulatory Agreement, omb.report

Outstanding Obligations. Borrower shall have no obligations as of the date of this Agreement except those approved by HUD in writing and, except for those approved obligations, the Land has been paid for in full (or if the Land is subject to a leasehold interest, it must be subject to a HUD-approved lease), and is free from any liens or purchase money obligations, except as approved by HUD. As of the date hereof, all All contractual obligations relating to the Project have been fully disclosed to HUD.

Appears in 4 contracts

Samples: Healthcare Regulatory Agreement, Healthcare Regulatory Agreement, Healthcare Regulatory Agreement

Outstanding Obligations. Borrower shall have no obligations as of the date of this Agreement except those approved by HUD in writing and, except for those approved obligations, the Land has been paid for in full (or if the Land is subject to a leasehold interest, it must be subject to a HUD-approved lease), and is free from any liens or purchase money obligations, except as approved by HUD. As of the date hereof, all contractual obligations relating to the Project have been fully disclosed to HUD.. Previous versions obsolete Page 8 of 31 form HUD-92466-ORCF (06/2019)

Appears in 1 contract

Samples: Regulatory Agreement (Summit Healthcare REIT, Inc)

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Outstanding Obligations. Borrower shall have no obligations as of the date of this Agreement except those approved by HUD in writing and, except for those approved obligations, the Land has been paid for in full (or if the Land is subject to a leasehold interest, it must be subject to a HUD-approved lease), and is free from any liens or purchase money obligations, except as previously approved by HUD. As of the date hereof, all contractual obligations relating to the Project have been fully disclosed to HUDto, and approved by, HUDRESERVED.

Appears in 1 contract

Samples: Hospital Regulatory Agreement

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