Examples of Loan Property in a sentence
Loan Property Any property owned by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest, and, where required by the context, includes the owner or operator of such property, but only with respect to such property.
During the term of the Loan, Property Manager shall provide management for the Property, pursuant to the Property Management Agreement.
The Bank may disburse the Loan either in lump sum or in case of Home Loan, Property Purchase Loan, in suitable installments to be decided by the Bank with reference to the need or progress of construction, which decision shall be final and binding on the Borrower.
Borrower has obtained and has delivered, or has caused to be obtained and delivered, to Lender certificates of insurance with respect to all Policies relating to each CIGNA Mortgage Loan Property reflecting the insurance coverages, amounts and other requirements set forth in this Agreement and, with respect to any CIGNA Mortgage Loan Property which is located in a special hazard flood area, certified copies of such Policies.
Lender shall have received a marked, signed commitment to issue, or a pro-forma version of, a Qualified Title Insurance Policy in respect of each Mortgage Loan Property, listing only usual and customary permitted exceptions and such other exceptions reasonably approved by Lender.