Collateral Loan Documentation definition
Examples of Collateral Loan Documentation in a sentence
The Collateral Borrower has provided to the Borrower --------- certificates or copies of policies evidencing that the collateral securing the Collateral Loan and the Property relating to such Collateral Loan are insured under insurance policies conforming to the requirements under the Collateral Loan Documentation.
To the knowledge of the Borrower, none of the Collateral Loan Documentation contains or will contain, any untrue statement of a material fact or omits or will omit to state a material fact necessary to make the statements therein, in light of the circumstances under which they were made, not misleading.
The Collateral Loan Documentation delivered by the --------- Borrower to FFC or its designee constitute either original documents (with respect to the note, loan agreement, collateral documents and such other loan documents required by FFC) or genuine and true copies thereof.
Subject to the terms of the Servicing ------------------------ Agreement, the Borrower shall enforce its rights under the Collateral Loan Documentation so as to protect the value of the Collateral.
The terms of the Collateral Loan Documentation are consistent with the related Notice of Borrowing.
As of the funding date for the Collateral Loan, to ----------- the best of the Borrower's knowledge there is no default, breach, violation or event permitting acceleration existing under the Collateral Loan Documentation and no event which, with notice and the expiration of any grace or cure period, would constitute such a default, breach, violation or event permitting acceleration under the Collateral Loan Documentation.
To the best of the Borrower's knowledge, ------------------- there are no other written or oral agreements that would affect, modify or impair the Collateral Loan Documentation.
To the knowledge of the Borrower, all parties to the Collateral Loan Documentation had the legal capacity to execute such Collateral Loan Documentation.
The Collateral Loan Documentation delivered to the Servicer pursuant to the Servicing Agreement shall be sufficient to enforce the obligations of the Collateral Borrower under the Collateral Loan and the security interest granted by such Collateral Borrower in the property and collateral securing such Collateral Loan.
All conditions to closing ---------------------------------- specified in the related Collateral Loan Documentation, other than those previously waived by FFC by facsimile or otherwise in writing with respect to the Collateral Loan, have been satisfied.