Examples of Effective Date Lender in a sentence
If, in connection with any inspection of the Mortgaged Property, Lender determines that the condition of the Mortgaged Property has deteriorated (ordinary wear and tear excepted) since the Effective Date, Lender may obtain, at Borrower’s expense, a property condition assessment of the Mortgaged Property.
Subject to the satisfaction of the conditions set forth in Section 4 below, and in reliance on the representations and warranties contained in Section 3 below, as of the Amendment No. 1 Effective Date, Lender hereby consents to the CoC Transaction and waives the CoC Default solely to the extent the CoC Transaction is consummated on or prior to February 27, 2019.
As of the Effective Date, Lender is not aware of any event that will entitle the Lender to such additional amount or amounts pursuant to this Section 2.10.
If, in connection with any inspection of the Mortgaged Property, Lender determines that the condition of the Mortgaged Property has deteriorated since the Effective Date, Lender may obtain, at Borrower’s expense, a physical needs assessment of the Mortgaged Property.
On the Effective Date, Lender shall have received a solvency certificate from the chief financial officer of Borrower in the form of Exhibit G.
As of the Effective Date, Lender is the sole and exclusive holder of the Mortgage and the promissory note secured thereunder.
Upon the Effective Date, Lender shall deliver to Borrower a release in the form of Exhibit H attached hereto, duly executed by Lender.
On the Effective Date, Lender shall place in the Bank Payment Reserve account all funds necessary to satisfy the interest payments to be made to Bank under the Loan Modification Agreement for one year after the Effective Date.
He immediately used his phone to call for emergency assistance.Ortega managed to extricate himself from the material but suffered broken ribs and cracked vertebrae.
If the dean’s recommendation differs from the departmental recommendation, the dean shall meet with the tenured members of the department.