Examples of BEP Participant in a sentence
BEP Participant agrees that the Trustee may, at any time after default in the payment of any part of the indebtedness, enter and take possession of the Property, and shall only account for the net rents actually received by him.
BEP Participant shall provide THDA with proof of insurance coverage from the insurance company each time coverage is obtained or renewed and shall immediately notify THDA of any cancellations.
BEP Participant shall comply in all respects with (i) the Proposal, the BEP Guide, the BEP Agreement and any other requirements applicable to the BEP and (ii) all other applicable federal, state or local laws, statutes, ordinances, codes, rules or regulations, as the same may be amended from time to time.
It shall be a default under this Deed of Trust if the BEP Participant (i) fails to pay all or any portion of the Secured Indebtedness when due; or (ii) fails to keep and perform any of the Secured Covenants under this Deed of Trust; or (iii) fails to keep and perform any covenants, conditions, obligations and agreements in the Note (including, without limitation, payment of the Stage 1 Loan Amount when due), the BEP Agreement, and the BEP Guide.
BEP Participant hereby represents, warrants and covenants as follows:AcquisitionBEP Participant acquired the Property in accordance with the Proposal, the Program Description, the BEP Guide, and the BEP Agreement.Demolition/Greening/MaintainingAll structures on the Property were demolished and the Property was “greened” as defined in and in accordance with the BEP Agreement and the BEP Guide.
The unit commander will work with the CAC to ensure that committee composition is consistent with these requirements.
Conversely, when interest ratesrise, the value of fixed-income securities can generally be expected to decline.
BEP Participant shall have thirty (30) days from the date of a written notice to BEP Participant to cure any default under (ii) and (iii) as specified in the written notice.
Those evaluations shall provide a basis for effective risk assessment and for the action to be taken to prevent and control zoonoses and zoonotic agents relevant to the Community.
In the event BEP Participant fails to perform any Secured Covenant contained in this Deed of Trust or fails to make any payment under the Secured Indebtedness or fails to make any other payment or perform any other act required to be paid or performed under this Deed of Trust, the Note or the BEP Agreement, then THDA, or the Trustee, may (but shall not be obligated to) make such payment or perform any act for the account of BEP Participant and make advances for that purpose.