LIFT Documents definition

LIFT Documents means the Loan Agreement, the Trust Deed, the Operating Agreement, and the Project Management Agreement referenced above, as well as a Repayment and Completion Guaranty of even date with this Agreement between OHCS and GUARANTOR, and any other related promissory notes, certificates, instruments or other documents.
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Examples of LIFT Documents in a sentence

  • OHCS may treat an Event of Default hereunder as an Event of Default under the LIFT Documents and under the Financing Documents.

  • Nothing contained in this Agreement shall create any pecuniary liability of the Lender for any amounts due to OHCS under any the LIFT Documents.

  • OHCS may treat an Event of Default under the Financing Documents, or under any other of the LIFT Documents, as an Event of Default hereunder.

  • The rights of OHCS (under the LIFT Documents or otherwise) to participate in any proceeding or action relating to a Condemnation or a Casualty, or to participate or join in any settlement of, or to adjust, any claims resulting from a Condemnation or a Casualty, will be and remain subordinate to Lender’s rights under the Lender Loan Documents with respect thereto.

  • Further, OHCS shall provide written notice of any Event of Default under any of the LIFT Documents to the Lender promptly upon acquiring knowledge of the same.

  • The Lender shall have the sole and exclusive right to take, or to direct to be taken, all Enforcement Actions under the Lender Loan Documents and the LIFT Documents (excluding the rights and remedies reserved to OHCS under the Affordability Agreements and its Operational Remedies under the LIFT Documents) so long as the Lender Loan and any other obligations of the Borrower to the Lender are outstanding thereunder.

  • Prior to receiving written notice of an Event of Default from the Lender, OHCS shall be entitled to retain for its own account all payments made by or on behalf of the Borrower to OHCS pursuant to any of the LIFT Documents; provided that no such payment is made more than 10 days in advance of its due date.

  • Notwithstanding the foregoing, if OHCS receives any such payment, property or asset under the LIFT Documents, OHCS agrees that such payment, property or asset shall be held in trust for the Lender, and OHCS will, unless notified in writing otherwise by the Lender, promptly remit such payment, property or asset, in kind, and properly endorse as necessary to the Lender.