Loan Assumption Documents definition

Loan Assumption Documents is defined in Section 3.2.

Loan Assumption Documents. Any and all documents, instruments, certificates, opinions and items required under the Loan Agreement or otherwise required in connection with the Loan Assumption, in each case, originally-executed and/or in recordable form to the extent applicable.

Loan Assumption Documents means all documents required by Lender to effectuate Purchaser's assumption of the Existing Financing.

Examples of Loan Assumption Documents in a sentence

• At the Closing (as defined below), the parties hereto shall direct the Title Company to release from Escrow and wire to Seller and the Cash Portion of the Purchase Price delivered to the Title Company pursuant to Section 2.3 above, record the Deed and all applicable Loan Assumption Documents, and deliver to Buyer and/or Seller, as applicable, all of the agreements, instruments and other documents delivered to the Title Company pursuant to Sections 7.3, 7.4, 7.5 and 7.6 below.

• The term “Related Documents” shall mean any document or instrument executed and/or delivered by Seller in connection with or pursuant to the Closing of the transaction contemplated by this Agreement including, without limitation, the Deed (hereinafter defined), xxxx of sale, Lease Assignment and Assumption Agreement (hereinafter defined), Loan Assumption Documents (hereinafter defined), assignment and assumption of contracts, and the FIRPTA Certificate (hereinafter defined).

• Seller shall have approved, in its reasonable discretion, the form of the Loan Assumption Documents, which shall include a release of Seller and all applicable guarantors, if any, from any and all liability under the Existing Financing.

• Any and all Loan Assumption Documents that Lender requires be delivered by Seller or its affiliates to effect the Loan Assumption.

• All Loan Assumption Documents to which Purchaser and/or Seller, respectively, are a party.

More Definitions of Loan Assumption Documents

Loan Assumption Documents shall have the meaning assigned thereto in Section 6.1(a)(v).

Loan Assumption Documents means those documents required by Lender from Purchaser and Seller in order to effectuate the Loan Assumption (whether by assumption or replacement) on the terms and conditions set forth in this Agreement, and shall include, without limitation, the full and unconditional releases of Seller and all existing guarantor(s) or indemnitor(s) under the Loan with respect to acts or omissions from and after Closing.

Loan Assumption Documents as defined in Section 5.10.1.3

Loan Assumption Documents means the assumption documents to be executed by the applicable Seller, the Assumed Loan Property Purchaser as the assumptor, the new guarantors and indemnitors offered by the Buyer pursuant to Section 4.2 below and the applicable lender or servicer for such Assumed Loan on behalf of the applicable Assumed Loan Lender Parties; provided that, the “Loan Assumption Documents” shall not mean any Assumed Loan Documents that are not required to be assumed by the terms thereof or otherwise required by the applicable Assumed Loan Lender Party.

Loan Assumption Documents has the meaning set forth in the Contribution Agreement or the Myriad V/Lakeview Contribution Agreement, as applicable.

Loan Assumption Documents shall have the meaning set forth in Section 8.2(o).

Loan Assumption Documents means any and all documents, agreements and instruments required or necessary to effectuate the Loan Assumption, all of which shall be in form and content reasonably acceptable to Buyer.