Subordinate Loan Documents. The executed Subordinate Loan Documents are substantially in the same form as those submitted to, and approved by, HUD prior to the date of this Agreement. Upon execution and delivery of the Subordinate Loan Documents, Borrower shall deliver to Senior Lender an executed copy of each of the Subordinate Loan Documents, certified to be true, correct and complete.
Subordinate Loan Documents. The Subordinate Loan is evidenced by the Subordinate Note and is secured by the Subordinate Mortgage.
Subordinate Loan Documents. Without Funding Lender’s prior written consent, Borrower will not surrender, terminate, cancel, modify, change, supplement, alter, amend, waive, release, assign, transfer, pledge or hypothecate any of its rights or remedies under the Subordinate Loan Documents.
Subordinate Loan Documents. The Subordinate Loan Documents are in full force and effect and the Borrower has paid all commitment fees and other amounts due and payable to the Subordinate Lender(s) thereunder. There exists no material violation of or material default by the Borrower under, and no event has occurred which, upon the giving of notice or the passage of time, or both, would constitute a material default under the Subordinate Loan Documents.
Subordinate Loan Documents. Without Funding Xxxxxx’s prior written consent, Xxxxxxxx will not surrender, terminate, cancel, modify, change, supplement, alter, amend, waive, release, assign, transfer, pledge or hypothecate any of its rights or remedies under the Subordinate Loan Documents.
Subordinate Loan Documents. The executed Subordinate Loan Documents are substantially in the same forms as those submitted to, and approved by, County prior to the date of this Agreement. Borrower shall deliver to County an executed copy of each of the Subordinate Loan Documents, certified to be true, correct and complete.
Subordinate Loan Documents. Borrower represents that the executed Subordinate Loan Documents are substantially in the same forms as those submitted to prior to the date of this Agreement. Upon execution and delivery of the Subordinate Loan Documents, Borrower shall deliver to Senior Lender an executed copy of each of the Subordinate Loan Documents, certified to be true, correct and complete.
Subordinate Loan Documents. Xxxxxxxx has delivered to Senior Lender an executed copy of each of the Subordinate Loan Documents, certified to be true, correct and complete.
Subordinate Loan Documents. A complete set of the fully executed Subordinate Loan Documents, certified by Borrower to be true, correct and complete.
Subordinate Loan Documents. Borrower shall not: (a) commit any breach or default under the Subordinate Loan Documents; (b) fail to maintain the Subordinate Loan Documents in full force and effect until all sums owing to Bondowner Representative with respect to the Loan have been repaid in full; (c) consent to any termination, amendment or modification of the Subordinate Loan Documents without Bondowner Representative’s prior written consent; or (d) use any of the proceeds of the permanent loan for any purpose other than for payment to Bondowner Representative until such time as all sums owing to Bondowner Representative under the Loan Documents have been paid in full.
