Assumed Loan Documents Sample Clauses

Assumed Loan Documents. To such Seller’s knowledge, such Seller has delivered or otherwise made available true and accurate copies of all Assumed Loan Documents in such Seller's possession;
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Assumed Loan Documents. This Section 5.4.7 is applicable only to Assumption Properties. Each Seller of an Assumption Property shall be responsible for all principal required to be paid under the terms of the Note applicable to its Assumption Property prior to Closing, together with all interest accrued under such Note prior to Closing, all of which may be a credit against the Purchase Price for its Property as provided in Section 2.2.3. Purchaser shall be responsible for all Assumption Lender Fees, Required Loan Fund Amounts, and all other fees, penalties, interest and other amounts due and owing under the Assumed Loan Documents as a result of any Loan Assumption and Release. As set forth in Section 4.6.6, any existing reserves, impounds and other accounts maintained in connection with the applicable Loan shall be assigned to Purchaser, and at Closing, Purchaser shall pay to the applicable Seller an amount equal to the balance of such reserves, impounds and accounts so assigned.
Assumed Loan Documents. Prior to or contemporaneously with the execution of this Agreement, ET has provided to Genesis true, correct and complete copies of all material Assumed Loan Documents, all of which have been initialed by ET for identification purposes. To ET's knowledge, there is no default or facts which with the giving of notice and passage of time could become an event of default under such Assumed Loan Documents, and ET has not received written notice of the existence of any default or facts which with the giving of notice and passage of time could become an event of default under such Assumed Loan Documents. ET will use commercially reasonable efforts to provide to Genesis, as soon as reasonably practicable after the execution of this Agreement, true, correct and complete copies of the non- material Assumed Loan Documents which were not previously provided to Genesis.
Assumed Loan Documents. 4.1(m) Auditable Components............................................ 2.5(a) Audited Completion Costs........................................ 2.5(a) Base Amount..................................................... 16.3(b) Bills of Sale................................................... 9.2(a) Books and Records............................................... 1.1(f) Break-Up Expenses............................................... 16.3(c) Break-Up Expenses Tax Opinion................................... 16.3(c) Break-Up Fee.................................................... 16.3(b) Break-Up Fee Tax Opinion........................................ 16.3(b) Business Day.................................................... 2.10
Assumed Loan Documents. Assumptor represents and warrants to Noteholder that Assumptor has actual knowledge of all terms and conditions of the Assumed Loan Documents and agrees that Noteholder has no obligation or duty to provide any information to Assumptor regarding the terms and conditions of the Assumed Loan Documents. Assumptor further agrees that from and after the Effective Date all representations, agreements and warranties in the Assumed Loan Documents regarding Original Borrower, its status, authority, financial condition and business shall apply to Assumptor as well as to Original Borrower, as though Assumptor were the borrower originally named in the Assumed Loan Documents (it being agreed and acknowledged that any representation, agreement and warranty or the like which, by their terms, refer to “as of the date hereof” or the like in the Assumed Loan Documents shall be deemed to mean, for purposes of this Assumption Agreement, “as of the Effective Date” (as such term is defined in this Assumption Agreement)). Assumptor further understands and acknowledges that, except as expressly provided in a writing executed by Noteholder, Noteholder has not waived any right of Noteholder or obligation of Original Borrower or Assumptor under the Assumed Loan Documents and Noteholder has not agreed to any modification of any provision of any Loan Document or to any extension of the Loan.
Assumed Loan Documents. 4.1(m) Assumption Documents .................................................2.2 Avalon ...............................................................

Related to Assumed Loan Documents

  • Mortgage Loan Documents 2. Residential loan application.

  • Existing Loan Documents Except as amended and modified by this Amendment, the Agreement, the Prior Revolving Note as renewed and extended by the New Note, the Security Instruments and all other Loan Documents shall remain in full force and effect in accordance with the terms and provisions thereof. Any reference in any of the Loan Documents to the “Amended and Restated Loan Agreement” shall be deemed to be references to the Agreement as amended hereby through the date hereof. In the event of any conflict between this Amendment and the Agreement, this Amendment shall control and the Agreement shall be construed accordingly.

  • Required Loan Documents The Collateral Custodian will not dispose of any documents constituting the Required Loan Documents in any manner that is inconsistent with the performance of its obligations as the Collateral Custodian pursuant to this Agreement and will not dispose of any Collateral Portfolio except as contemplated by this Agreement.

  • Additional Loan Documents Borrower shall have executed and delivered to Lender such other documents as shall have been requested by Lender to renew, and extend, the Loan Documents to secure payment of the Obligations of Borrower, all in form satisfactory to Lender and its counsel.

  • Senior Loan Documents The executed Senior Loan Documents are the same forms as approved by HUD prior to the date of this Agreement. Upon execution and delivery of the Senior Loan Documents, Borrower shall deliver to Subordinate Lender an executed copy of each of the Senior Loan Documents, certified to be true, correct and complete.

  • Other Loan Documents The occurrence of any default under any Loan Document not otherwise specifically referenced in this Section 9 or any other agreement between Borrower and Lender, and if such default is capable of being cured by Borrower, such default continues for more than twenty (20) days after the earlier of the date on which (a) Lender has given notice of such default to Borrower, or (b) Borrower has actual knowledge of such default; or

  • Perform Loan Documents Borrower shall observe, perform and satisfy all the terms, provisions, covenants and conditions of, and shall pay when due all costs, fees and expenses to the extent required under the Loan Documents executed and delivered by, or applicable to, Borrower.

  • Seller's Documents At Closing, Seller shall deliver or cause to be delivered to Buyer:

  • Credit Agreement; Loan Documents This Agreement or counterparts hereof shall have been duly executed by, and delivered to, Borrowers, each other Credit Party, Agent and Lenders; and Agent shall have received such documents, instruments, agreements and legal opinions as Agent shall reasonably request in connection with the transactions contemplated by this Agreement and the other Loan Documents, including all those listed in the Closing Checklist attached hereto as Annex D, each in form and substance reasonably satisfactory to Agent.

  • Loan Documents Borrower shall provide to Lender the following documents for the Loan: (1) the Note; (2) Security Agreements granting to Lender security interests in the Collateral; (3) financing statements and all other documents perfecting Lender's Security Interests; (4) evidence of insurance as required below; (5) together with all such Related Documents as Lender may require for the Loan; all in form and substance satisfactory to Lender and Lender's counsel.

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