Third Party Reports definition

Third Party Reports. With respect to any Mortgaged Property, the related Appraisal, Phase I environmental report, Phase II environmental report, seismic report or property condition report, if any.

Third Party Reports means any reports, studies or other information prepared or compiled for Purchaser by any Consultant or other third-party in connection with Purchaser’s investigation of the Property.

Third Party Reports shall have the meaning set forth in Section 3.2.4.

Examples of Third Party Reports in a sentence

• Except as disclosed in the Third Party Reports, ▇▇▇▇▇▇▇▇ has obtained all material Permits necessary for the present and contemplated use and operation of each Property, to the extent that the failure to have such material Permits would not individually or in the aggregate have an Individual Material Adverse Effect.

• Except as disclosed in the Third Party Reports, the uses being made of each Property are in conformity in all material respects with the certificate of occupancy and/or material Permits for such Property and any other restrictions, covenants or conditions affecting such Property.

• Except as set forth in the Third Party Reports, each Property conforms to current zoning requirements (including requirements relating to parking) and is neither an illegal nor a legal nonconforming use.

• Except as set forth in the Third Party Reports, Borrower, each Property and the uses thereof comply in all material respects with all applicable Insurance Requirements and Legal Requirements, including building and zoning ordinances and codes, except where the failure to comply with such requirements would not reasonably be expected to have an Individual Material Adverse Effect.

• Except as disclosed in the Third Party Reports, none of the improvements on any of the Properties is located in an area identified by the Federal Emergency Management Agency or the Federal Insurance Administration as a “100 year flood plain” or as having special flood hazards (including Zones A and V), or, to the extent that any portion of any of the Properties is located in such an area, such Property is covered by flood insurance meeting the requirements set forth in Section 5.15(a)(ii).

More Definitions of Third Party Reports

Third Party Reports means all reports, appraisals and other written materials prepared by third parties for Seller with respect to the Purchased Loans, including all real estate appraisals, equipment appraisals and environmental reports that relate to the Purchased Loans.

Third Party Reports with respect to any Real Property which the Borrower has submitted a written request to be included in as an Additional Borrowing Base Property pursuant to Section 5.3, each of the following documents prepared for such Real Property:

Third Party Reports means all third party reports relating to one or more Properties, including, without limitations, any and all engineering reports, environmental reports and credit reports (regardless of who completed said reports), each in form and substance satisfactory to Administrative Agent and the Lenders and all such third party reports must be performed for the use and reliance of Administrative Agent and the Lenders, and Administrative Agent’s and the Lenders’ affiliates, successors, assigns, rating agencies, and other institutional investors who acquire as interest in the Loan.

Third Party Reports means, to the extent required to be included with the Credit Underwriting Documents submitted to the Administrative Agent with an Approval Request, the appraisal (which must be FIRREA compliant), environmental report, property condition report, and any other report or analysis prepared by a third party for, or for the account or benefit of, the Borrower or the Servicer in connection with the underwriting of the applicable proposed Mortgage Loan.

Third Party Reports shall have the meaning given to such term in Section 4.1(a) hereof.

Third Party Reports has the meaning set forth in Section 11.21.

Third Party Reports means all reports, studies, plans and specifications prepared by third parties for PURCHASER in connection with the design, development and construction of the Project (but not any internal reports work product or analysis prepared by PURCHASER in connection with the Project or any materials covered by a privilege).