Building Loan Documents definition

Building Loan Documents shall have the meaning set forth in the Building Loan Agreement.

Building Loan Documents means, collectively, this Agreement, the Building Loan Note, the Building Loan Mortgage, the Building Loan Assignment of Leases, as well as all other documents now or hereafter executed and/or delivered with respect to the Building Loan.

Building Loan Documents means, collectively, the Building Promissory Note and all of the other documents and instruments executed in connection with the Building Loan, together with the First Loan Modification Agreement, the First Extension Agreement, the Second Extension Agreement and the documents and instruments executed in connection therewith, as amended from time to time.

Examples of Building Loan Documents in a sentence

• Lender’s right to withdraw and apply such Net Proceeds and Net Proceeds Deficiency shall be in addition to all other rights and remedies provided to Lender under the Building Loan Documents.

• The Building Loan shall be evidenced by the Building Loan Note and secured by the Building Loan Mortgage, the Building Loan Assignment of Leases and the other Building Loan Documents.

• To the extent permitted by applicable law, Mortgagor hereby waives the right to assert a counterclaim, other than a mandatory or compulsory counterclaim, in any action or proceeding brought against it by Mortgagee arising out of or in any way connected with this Security Instrument, the Building Loan Agreement, the Building Loan Note, any of the other Building Loan Documents, or the Obligations.

• The EASO report, citing various sources, published in November 2021 stated:‘In September 2015, the issuance of new electronic and biometric unified national cards (also called new national card, new ID card, al-bitaqa al- wataniya al-muwahhada, al-bitaqa al-wataniya al-jadida) started in Iraq.

• The purchase money, proceeds and avails of any disposition of the Property, and or any part thereof, or any other sums collected by Mortgagee pursuant to the Building Loan Note, this Security Instrument or the other Building Loan Documents, may be applied by Mortgagee to the payment of the Debt in such priority and proportions as Mortgagee in its discretion shall deem proper.

More Definitions of Building Loan Documents

Building Loan Documents means collectively, this Agreement, the Building Loan Agreement, the Building Loan Note, the Building Loan Mortgage, the Building Loan Assignment of Leases and Rents, the Environmental Indemnification Agreement, the Recourse Guaranty Agreement, the Completion Guaranty, the Interest and Carry Guaranty, and all other documents now or hereafter executed by Borrower, Indemnitor or any other Person to evidence or secure the repayment of the Indebtedness or the performance of Borrower in connection with the Building Loan.

Building Loan Documents means, collectively, the “Loan Documents” as defined in the Building Loan Agreement.

Building Loan Documents means the “Loan Documents” as defined in the Building Loan Agreement and Supplemental Building Loan Agreement. “Building Loan Outstanding Principal Balance” shall mean the “Outstanding Principal Balance” as defined in the Building Loan Agreement and Supplemental Building Loan Agreement. “Building Loan Pro Forma Debt Service” shall mean the “Pro Forma Debt Service” as defined in the Building Loan Agreement and the Supplemental Building Loan Agreement. “Business Day” shall mean any day other than a Saturday, a Sunday or a legal holiday on which national banks are not open for general business in the State of New York. “Capital Expenditures” shall mean, for any period, amounts expended for replacements and alterations to the Property, excluding any Tenant Improvements or Other Tenant Improvements, which are required to be capitalized according to Accounting Principles. “Capital Expenditures Work” shall mean any labor performed or materials installed in connection with any Capital Expenditure. “Capped Benchmark Rate” shall mean five and one-half percent (5.50%). “Carry Costs” shall mean the sum of the following costs associated with the Property for the applicable period or Fiscal Year: (i) Taxes, (ii) Other Charges, (iii) Insurance Premiums, and (iv) without duplication of the items described in clauses (i) – (iii),

Building Loan Documents means, collectively, this Agreement, the Building Loan Note, the Building Loan Mortgage, the Building Loan Assignment of Leases, the Assignment of Contracts, the Environmental Indemnity, the Loan Fee Letter, the Requisition Authorization Statement, the Funding Statement, the Agreement Regarding Instructions by Telephone or Facsimile, the Guaranty of Completion, the Guaranty of Carrying Costs, each Guaranty of Limited Recourse Obligations, the Assignment of Interest Rate Protection Agreement, Assignment of Negotiable Certificates, the Intercreditor and Subordination Agreement, the Subordination of Property Management and Development Agreement and Fees, as well as all other documents now or hereafter executed and/or delivered with respect to the Building Loan.

Building Loan Documents means, collectively, this Agreement, all documents referred to in Article 2 hereof and all other agreements and documents executed and delivered or in the future executed and delivered by any Borrower Entity to or for the benefit of Agent and Lenders in connection with the Building Loan or in connection with the Building Loan and the Project Loan (including each Draw Request and the Sworn Owner’s Statement that is a part thereof and any Interest Rate Cap and Assignment of Interest Rate Cap). Notwithstanding the foregoing, the NYTC Completion Guaranty, Extension Loan Intercreditor Agreement, Extension Loan Documents and Equity Contribution Documents are not Building Loan Documents. A Building Loan Document may, or may not, also be a Project Loan Document.

Building Loan Documents has the meaning set forth in the Recitals hereto.

Building Loan Documents means, with respect to the $18,000,000 real estate loan extended to the NRA by AUB, (i) the Loan and Security Agreement, dated as of March 13, 2019, between Access National Bank, a Division of Union Bank & Trust of Richmond Virginia (n/k/a AUB) and the NRA; (ii) the Promissory Note in the face amount of $18,000,000, dated March 13, 2019, by and among Access National Bank (n/k/a AUB) and the NRA; (iii) the Deed of Trust, Assignment of Rents, and Security Agreement, dated as of March 13, 2019, by and amongthe NRA and Andrew Kalin and Robert Shoemaker, for the benefit of Access National Bank, a Division of Union Bank & Trust of Richmond Virginia (n/k/a AUB); (iv) the Assignment of Rents and Leases, dated as of March 13, 2019, by and between the NRA and Access National Bank, a Division of Union Bank & Trust of Richmond Virginia (n/k/a AUB); (v) the Environmental Indemnity Agreement, dated as of March 13, 2019, between Access National Bank, a Division of Union Bank & Trust of Richmond Virginia (n/k/a AUB) and the NRA, and (vi) all documentation executed and delivered in connection with each of the foregoing, and each as amended, restated, supplemented or otherwise modified from time to time.