Property Improvement Notice definition

Property Improvement Notice means a Notice to Lender that Borrower intends to begin the Property Improvement Alterations identified in the Property Improvement Notice.

Property Improvement Notice means a Notice to Funding Lender that Borrower intends to begin the Property Improvement Alterations identified in the Property Improvement Notice. SCHEDULE 1 Xxxxxxx Mac Loan Number: Property Name: BORROWER’S CERTIFICATE OF PROPERTY IMPROVEMENT ALTERATIONS COMPLETION (Revised 6-10-2014) THIS BORROWER’S CERTIFICATE OF PROPERTY IMPROVEMENT ALTERATIONS COMPLETION (“Certificate”) is made as of _______ ___, 20___, by ______________, a ________________ (“Borrower”) for the benefit of ________________, a ________________, and it successors and assigns (collectively, “Funding Lender”). In connection with Section 6.09(e)(v)(G) of the Continuing Covenant Agreement, Borrower certifies to Funding Lender as follows: [INSERT THE APPLICABLE SECTION (a) AND DELETE THE OTHER: USE THE FOLLOWING IF ALL PROPERTY IMPROVEMENT ALTERATIONS THAT WERE COMMENCED HAVE BEEN COMPLETED] All Property Improvement Alterations described in the Property Improvement Notice that were commenced have been completed. The completed Property Improvement Alterations and their completion dates are as follows: Description of Property Improvement Alteration Commenced Completion Date OR [USE THE FOLLOWING IF MINIMUM OCCUPANCY HAS DECREASED BELOW THE MINIMUM OCCUPANCY REQUIREMENT AND NOT ALL THE PROPERTY IMPROVEMENT ALTERATIONS THAT WERE COMMENCED HAD BEEN COMPLETED AT SUCH TIME]

Examples of Property Improvement Notice in a sentence

• In connection with Section 6.09(e)(v)(G) of the Loan Agreement, Borrower certifies to Lender as follows: [INSERT THE APPLICABLE SECTION (a) AND DELETE THE OTHER:] [USE THE FOLLOWING IF ALL PROPERTY IMPROVEMENT ALTERATIONS THAT WERE COMMENCED HAVE BEEN COMPLETED] All Property Improvement Alterations described in the Property Improvement Notice that were commenced have been completed.

• If the resident’s behaviour, or refusal to move to alternative accommodation, impacts on our ability to carry out the works, we will assess the situation as follows: If category 1 hazards are present at the property or we have been served a Property Improvement Notice, we may seek an injunction to gain access to the property and complete these works.

• If either the customer’s behavior, or refusal to move to alternative accommodation is found to impact on our ability to carry out the identified works we will assess the situation as follows:▪ If category 1 hazards are present or we have been served a Property Improvement Notice we may seek an Injunction to gain access to the property and complete these works.