Immediate Repairs definition

Immediate Repairs shall have the meaning set forth in Section 8.1 hereof.

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Immediate Repairs has the meaning set forth in Section 2.13(a)(ii) hereof.

Immediate Repairs shall have the meaning set forth in Section 4.24 hereof.

Examples of Immediate Repairs in a sentence

The funds contained in the Deferred Maintenance Escrow Account shall be utilized by Borrower solely for performance of the Immediate Repairs in accordance with the Property Condition Assessments and Environmental Reports, and shall not be used by Borrower for purposes for which any other Reserve Account is established.
Within the applicable time period(s) for completion set forth on Schedule 1, Borrower shall complete such Immediate Repairs and shall provide to Lender such documentation, and other evidence of compliance with law as Lender may reasonably require.
If at any time Lender reasonably determines that the Immediate Repair Deposit will not be sufficient to pay the cost of the Immediate Repairs, Lender may notify Borrower of such determination and of the amount estimated by Lender to make-up such deficiency as reasonably determined by Lender based upon changes in circumstances.
On the Closing Date, Borrower shall deposit into an Eligible Account held by Lender or Servicer (the “Immediate Repair Account”) the amount set forth on such Schedule I hereto to perform the Immediate Repairs.
The Borrower shall complete all Immediate Repairs no later than twelve (12) months after the date of this Agreement.

More Definitions of Immediate Repairs

Immediate Repairs means the repairs or improvements to the Property identified on Exhibit C hereto.

Immediate Repairs means the repairs at the Property as set forth in the Borrower’s Certification.

Immediate Repairs means works relating to the structural stability of any part of a dwelling damaged by defective concrete blocks that require necessary immediate action;

Immediate Repairs has the meaning set forth in Section 6.7.

Immediate Repairs is defined in Paragraph 12(a).

Immediate Repairs means the repairs at the Property as set forth on Schedule II-A hereto.

Immediate Repairs means those repairs listed on Exhibit O attached hereto, each of which must be completed no later than the date listed immediately opposite such repair on Exhibit O.