Mortgage Borrower definition
Examples of Mortgage Borrower in a sentence
Borrower shall (and shall cause Mortgage Borrower to) keep each Property insured at all times as is more fully provided in this Agreement.
There shall never be committed by Borrower or Mortgage Borrower, and Borrower shall use commercially reasonable efforts not to permit any other Person in occupancy of or involved with the operation or use of any Property or the Collateral to commit, any act or omission affording the federal government or any State or local government the right of forfeiture against any Property or any part thereof or any monies paid in performance of Borrower’s obligations under any of the Loan Documents.
To Borrower’s knowledge, all material documentation including rent rolls, reports and certificates submitted by Borrower, Mortgage Borrower or Guarantor in connection with ▇▇▇▇▇▇’s underwriting of the Loan (other than information covered under Section 4.1.10 above) is accurate in all material respects as of the date delivered (or earlier set forth thereon) except to the extent such inaccuracy would reasonably be expected to have a Material Adverse Effect.
There has been no material adverse change not disclosed to Lender in any condition, fact, circumstance or event that would make any such information inaccurate, incomplete or otherwise misleading such that the same would be reasonably likely to have a Material Adverse Effect on the use, operation or value of any Individual Property or the Collateral or the business operations or the financial condition of Borrower, Mortgage Borrower or Guarantor.
Borrower shall (or shall cause Mortgage Borrower to) Complete the PIP Work at each Individual Property by the Outside Date.