HFF LP definition
Examples of HFF LP in a sentence
HFF LP has not received any notice from any Agency of any default or deficiency in HFF LP’s performance as an approved or qualified lender or seller/servicer.
Borrower represents that neither it nor Sponsor has dealt with any financial advisors, brokers, underwriters, placement agents, agents or finders in connection with the transactions contemplated by this Agreement other than HFF, LP (and any commissions payable in connection therewith shall be paid solely by Sponsor).
Section 3.19(a) of the Company Disclosure Letter sets forth a complete and accurate list of all permits issued by a state agency to HFF LP as a requirement to its conduct of its business in such state (other than any qualification to do business as a foreign entity) (the “State Qualifications”).
To the knowledge of the Company, HFF LP has not heretofore been placed on the “do not hire”, “prohibited sub-servicer” or other similar list maintained by any CMBS depositor.
HFF LP has made all property protection advances required to be made by it under the Applicable Requirements or, if HFF LP is not required to make property protection advances, timely notified the applicable Private Investors or Superior Servicers of all events necessitating property protection advances, in accordance with all Applicable Requirements.
Each servicing advance is a valid and subsisting amount owing to HFF LP, made in accordance with and payable at the times and in accordance with the provisions of the applicable Servicing Agreement, and is a legal, valid and binding reimbursement right, and is enforceable against such securitization trust or owner in accordance with its terms, and is not subject to any claims, defenses or set-off arising from acts or omissions of HFF LP that could be asserted against Parent.
No servicing advance receivable has been sold, transferred, assigned or pledged by HFF LP to any Person.
Seller and Purchaser agree that HFF, L.P. (“Broker”) was the only broker with whom the parties negotiated in connection with the sale and purchase of the Property.
Such policies and procedures have not detected, nor does any Acquired Company otherwise have notice or Knowledge, of a failure of a Subordinate Servicer to comply with the related Subservicing Agreements that could reasonably be expected to have a material adverse effect on the servicing rights, performance by HFF LP of its obligations under the Applicable Requirements or on HFF LP’s ability to perform its obligations under this Agreement.
Without limiting the generality of the preceding statement, HFF LP is in full compliance with all Agency Guidelines, including each net worth, reserve, liquidity and other financial condition required by any of the Agencies, and has not done or omitted to do, or caused to be done or omitted to be done, any act, the effect of which would operate to invalidate, impair or be a breach of any approvals or licenses of any Governmental Entity.