Common use of Provident Clause in Contracts

Provident. Provident shall be a third-party beneficiary of those provisions in this Agreement which provide for the distribution or application of Borrower Collateral Unit Excess Proceeds or funds in the Cross Escrow Account to or towards the Shortfall Loan.

Appears in 2 contracts

Sources: Master Property Disposition Agreement (Uni Marts Inc), Master Property Disposition Agreement (Uni Marts Inc)

Provident. Provident shall be a third-party beneficiary of those provisions in this Agreement which provide for the distribution or application of Borrower Collateral Unit Excess Proceeds or funds in the Cross Escrow Account Accounts to or towards the Shortfall Loan.

Appears in 1 contract

Sources: Master Property Disposition Agreement (Uni Marts Inc)