Refinance Sample Clauses

Refinance. The Lender shall have the option to obtain any refinance facility or loan from any Person, against the security of this Loan.
AutoNDA by SimpleDocs
Refinance. In respect of any security or Indebtedness, means to refinance, extend, renew or re-fund, or to issue a security or Indebtedness in exchange or replacement for, such security or Indebtedness in whole or in part. Refinanced and Refinancing shall have correlative meanings.
Refinance. Xxxxxxxx agrees that the entire outstanding amount of the Loan, including all accrued and unpaid interest, if any, will be due and payable if Borrower refinances the Loan. If the Borrower refinances any other mortgage loan or obtains an equity line of credit secured by the Property: (a) the Lender will not subordinate the Mortgage to any such refinanced or equity mortgages, and (b) the Lender may declare the entire outstanding amount of the Loan, including all accrued and unpaid interest, if any, immediately due and payable.
Refinance. For purposes of this Agreement, “Refinance” means any voluntary or involuntary refinancing, encumbrance, or other hypothecation of the Property, including, without limitation, any encumbrance of the Property by a mortgage or deed of trust that is recorded after this Agreement. Any Refinance of the Property will be subject to the conditions set forth in this Agreement.
Refinance. The City shall permit a prepayment and refinance of the First Lender Loan and shall agree to subordinate this Agreement and the City Deed of Trust to the refinanced First Lender Loan provided that:
Refinance. The "Amount Refinanced" is included in the amount financed under this Agreement. If the Amount Refinanced is under an agreement with a third party, you acknowledge you have the right to terminate the agreement and you will provide Xerox with a statement from the third party identifying the equipment at issue, the amount to be paid off and the payee's name and mailing address. If the Amount Refinanced is under an agreement with Xerox, the refinancing will render your prior agreement null and void. If you breach any of your obligations under this Agreement, the full Amount Refinanced will be immediately due and payable. GENERAL TERMS & CONDITIONS:
Refinance. The "Amount Refinanced" is included in the amount financed under this Agreement. If the Amount Refinanced is under an agreemntewith a third party, you acknowledge you have the right to terminate the agreement and you will provide Xeroxwitha statement from the third party idetnifying the equipment at issue, the amount to be paid off and the payee's name and mailing address. If the Amount Refinanced is under an agreement with Xerox, the refinancing will renrdyeour prior agreement null and void. If you breach any of your obligations under this Agreement, the full Amount Refinanced will be immediately due and payable. Item Finance Activity Amount Refinanced Int. Rate Total Int. Payable
AutoNDA by SimpleDocs
Refinance. Agent shall have received and completed a review of such due diligence and documentation as the Agent may require with respect to the Refinance. All conditions precedent to completion of the Refinance shall have been satisfied, as determined by the Agent, and all documentation necessary to complete the Refinance shall have been approved by the Agent and have been executed, or will be executed simultaneous with the funding of the T-Two Loan.
Refinance. An Owner may refinance a First Mortgage that encumbers a Unit with the consent of the Housing Authority; provided, however, that the original principal amount of any refinanced indebtedness secured by a First Mortgage shall not exceed an amount equal to ninety- percent (90%) of the then current MSP limit.
Refinance. Borrower agrees to offer in good faith to Lender the opportunity to refinance the Loan at its maturity, provided, however, in no event shall (a) Lender have any obligation to so refinance the Loan at maturity, any such refinancing to be subject to Lender's customary underwriting standards at such time and such other conditions and requirements as Lender may impose, (b) Borrower be obligated to accept any refinancing offered by Lender or (c) Borrower be obligated to provide Lender with copies of any offers by third parties to refinance the Loan or provide Lender with the opportunity to match or better the terms of any third party offer to refinance the Loan.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!