Baypoint definition
Examples of Baypoint in a sentence
Residents living in Maple, Cedar, Willow, Baypoint, Stonewall, the suites in North Campus Residence Hall and any other traditional residence halls operated by ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ University must subscribe to a full board plan with Dining Services.
The Bonds shall be subject to redemption, in whole or in part, at par plus accrued interest to the Redemption Date at the option of the Borrower, or the Bondowners by Requisite Consent.
Baypoint hereby accepts the assignments and pledge made herein for the purpose of securing the payments due pursuant to the Funding Loan Agreement.
In order to perfect the foregoing assignment, the Governmental Lender shall cause this Assignment Agreement to be recorded in the Contra Costa County Recorder’s Office and shall endorse and deliver the Borrower Note to Baypoint, without recourse.
Baypoint shall have the power to institute and maintain such proceedings as Baypoint may deem expedient to prevent any impairment of the Security by any acts that may be unlawful or in violation of this Funding Loan Agreement and to protect the interest in the Security and in the rent, issues, profits, revenues and other income arising therefrom.
The power of attorney granted by the Governmental Lender to Baypoint hereunder, being coupled with Baypoint’s interest in the Funding Loan, is irrevocable until all of the obligations of Governmental Lender under the Funding Loan Note have been satisfied and discharged in full.
No delay or omission on the part of Baypoint in exercising any remedy, right or option under this Note or the Funding Loan Documents shall operate as a waiver of such remedy, right or option.
The Governmental Lender, Baypoint and the Borrower acknowledge and agree that the amount of the Borrower Loan (and consequently the amount of the Funding Loan) shall serve as a credit against the acquisition price of the Project site by the Borrower from Baypoint.
Baypoint has received, reviewed and approved the management agreement, management plan and form of residential lease for use at the Project.
Any representation, warranty, statement, report or certificate made or delivered by Borrower, or any of its officers, employees or agents on behalf of Borrower, to Governmental Lender or Baypoint which proves false in any material respect when made or deemed to be made.