Springhouse definition
Examples of Springhouse in a sentence
With respect to the Springhouse Property being sold by Charleston – Oxford Associates Limited Partnership to Springhouse Apartments, LLC (the “Springhouse Purchaser”), at Closing, Springhouse Purchaser shall receive a credit against the Applicable Purchase Price for the Springhouse Property equal to $120,750.00 and Springhouse Purchaser shall assume responsibility for all deficiencies at the Springhouse Property identified by the South Carolina Low Income Housing Authority.
The foregoing notwithstanding, Purchaser acknowledges and agrees that Purchaser may be required to assume the existing regulatory agreement that is related to the Deeds of Trust encumbering the Springhouse Property for the remainder of the “Qualified Project Period” (as such term is defined in such regulatory agreement).
Where required by applicable law, Altisource will designate Springhouse, LLC or other licensed appraisal management company(ies), regardless of whether they are Affiliates of Altisource, at Altisource’s sole discretion, to provide any Services under this SOW constituting appraisal management services.
Contributor shall not, and shall not knowingly or intentionally permit the Companies to, sell, assign, convey, transfer, pledge, hypothecate or otherwise Encumber any membership or partnership interest in any of the Companies, other than the assignment of the Springhouse Interests pursuant to this Agreement.
At Closing, (i) BM–Country Club shall acquire title to the Country Club Apartments property identified on Exhibit A-1 of the Contract; (ii) BM–Hampton shall acquire title to the Hampton Green Apartments property identified on Exhibit A-2 of the Contract; (iii) BM–Oak Run shall acquire title to the Oak Run Apartments property identified on Exhibit A-3 of the Contract; and (iv) BM–Springhouse shall acquire title to the Springhouse Apartments property identified on Exhibit A-4 of the Contract.
These terms of use are entered into by and between You and Springhouse Compliance, LLC (the "Company").
REIT understands that the Springhouse Interests have not been registered under the Securities Act and cannot be sold unless subsequently registered under the Securities Act or an exemption from such registration is available.
Contributor shall use Commercially Reasonable Efforts to cause Springhouse Titleholder to maintain the Property in substantially its current condition, subject to ordinary wear and tear, natural deterioration and obsolescence between the Effective Date and the Closing Date, and in material compliance with all applicable Laws.
The Company name, the terms "Springhouse Compliance", "CommitteeLink", "AuditBridge" and "FIHub" and the related logos or designs and all related names, logos, product and service names, designs and slogans are trademarks of the Company or its affiliates or licensors.
As a condition to REIT’s obligation to close, any notice to the Lender to the conveyance of the Springhouse Interests as a permitted transfer required under any of the Loan Documents shall have been delivered to Lender in accordance with the applicable Loan Documents, and any terms and conditions imposed by any such Lender in connection with the conveyance shall be satisfactory to the REIT in its sole discretion.