PERFORMANCE UNDER DEVELOPMENT AGREEMENTS. To the best of the Borrower’s knowledge, all of the obligations of the owner of the Real Property due under the Development Agreements have been fully, timely and completely performed and such performance has been accepted by the related governmental agency or utility company, and no Governmental Authority has alleged that any default exists under any of the Development Agreements.
Appears in 5 contracts
Sources: Deed of Trust, Security Agreement and Fixture Filing, Future Advance Mortgage (Angeles Partners X), Deed of Trust, Security Agreement and Fixture Filing (Consolidated Capital Growth Fund)
PERFORMANCE UNDER DEVELOPMENT AGREEMENTS. To the best of the Borrower’s knowledge, all All of the obligations of the owner of the Real Property due under the Development Agreements have been fully, timely and completely performed and such performance has been accepted by the related governmental agency or utility company, and no Governmental Authority has alleged that any default exists under any of the Development Agreements.
Appears in 2 contracts
Sources: Deed of Trust, Security Agreement and Fixture Filing (RREEF Property Trust, Inc.), Open End Mortgage Deed, Security Agreement and Fixture Filing (GTJ Reit, Inc.)
PERFORMANCE UNDER DEVELOPMENT AGREEMENTS. To the best of the Borrower’s knowledge, all of the obligations of the owner of the Real Property due under the Development Agreements have been fully, timely and completely performed to the extent required thereunder and such performance has been accepted by the related governmental agency or utility company, and Borrower has received no notice by any Governmental Authority has alleged that any default exists under any of the Development Agreements.
Appears in 2 contracts
Sources: Mortgage, Security Agreement, Assignment of Leases and Rents, and Fixture Filing (Sanfilippo John B & Son Inc), Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing (Sanfilippo John B & Son Inc)
PERFORMANCE UNDER DEVELOPMENT AGREEMENTS. To the best of the Borrower’s knowledge, all of the obligations of the owner of the Real Property due under the Development Agreements have been fully, timely and completely performed and such performance has been accepted by the related governmental agency or utility company, and no Governmental Authority has alleged that any default exists under any of the Development Agreements.
Appears in 1 contract
Sources: Deed of Trust, Security Agreement and Fixture Filing (AmREIT, Inc.)