Xxxxxxxx’s Request. If Borrower determines, at any time or from time to time, that a Capital Replacement is necessary or desirable, Borrower shall perform such Capital Replacement and request from Xxxxxx, in writing, reimbursement for such Capital Replacement. Xxxxxxxx's request for reimbursement shall include (A) a detailed description of the Capital Replacement performed, together with evidence, satisfactory to Lender, that the cost of such Capital Replacement has been paid and (B) lien waivers from each contractor and material supplier supplying labor or materials for such Capital Replacement, if required by Lender.
Xxxxxxxx’s Request. If Borrower determines, at any time or from time to time, that a Capital Replacement is necessary or desirable, Borrower will perform such Capital Replacement and request from Xxxxxx, in writing, reimbursement for such Capital Replacement. Xxxxxxxx’s request for reimbursement will include (1) a detailed description of the Capital Replacement performed, together with evidence, satisfactory to Lender, that the cost of such Capital Replacement has been paid, and (2) if required by Xxxxxx, lien waivers from each contractor and material supplier supplying labor or materials for such Capital Replacement. Replacement Reserve Fund – Immediate Deposits
Xxxxxxxx’s Request. (a) The Borrower may send a written request to the Bank requesting the deferral of the disbursement of an Accepted Tranche. The written request must be received by the Bank at least 5 (five) Business Days before the Scheduled Disbursement Date of the Accepted Tranche and specify:
Xxxxxxxx’s Request. If Borrower determines, at any time or from time to time, that a Capital Replacement is necessary or desirable, Borrower will perform such Capital Replacement and request from Xxxxxx, in writing, reimbursement for such Capital Replacement. Xxxxxxxx’s request for reimbursement will include (1) a detailed description of the Capital Replacement performed, together with evidence, satisfactory to Lender, that the cost of such Capital Replacement has been paid, and (2) if required by Lender, if the cost of such Capital Replacement has been paid, lien waivers from each contractor and material supplier supplying labor or materials for such Capital Replacement. Alternatively, at the request of Borrower, Lender will make disbursement for the payment of a completed Capital Replacement, such payments to be made, at the discretion of Lender, either to Borrower, in which event Borrower must promptly provide Lender with evidence acceptable to Lender in its sole discretion that Borrower has paid in full for all labor and materials supplied in connection with such Capital Replacement, or jointly to Borrower and any contractor or materials supplier, or directly to any contractor or materials supplier.
Xxxxxxxx’s Request. 2.1 The Borrower has requested the consent of the Lenders to:
Xxxxxxxx’s Request. If Borrower determines, at any time or from time to time, that a Capital Replacement is necessary or desirable, Borrower will perform such Capital Replacement and request from Xxxxxx, in writing, reimbursement for such Capital Replacement. Xxxxxxxx’s request for reimbursement Rider to Multifamily Loan and Security Agreement Page 2 Replacement Reserve Fund – Immediate Deposits (Xxxxxxxx Reserve) will include (1) a detailed description of the Capital Replacement performed, together with evidence, satisfactory to Lender, that the cost of such Capital Replacement has been paid, and (2) if required by Lender, if the cost of such Capital Replacement has been paid, lien waivers from each contractor and material supplier supplying labor or materials for such Capital Replacement. Alternatively, at the request of Borrower, Lender will make disbursement for the payment of a completed Capital Replacement, such payments to be made, at the discretion of Lender, either to Borrower, in which event Borrower must promptly provide Lender with evidence acceptable to Lender in its sole discretion that Borrower has paid in full for all labor and materials supplied in connection with such Capital Replacement, or jointly to Borrower and any contractor or materials supplier, or directly to any contractor or materials supplier.
Xxxxxxxx’s Request. If Borrower determines, at any time or from time to time, that a Capital Replacement is necessary or desirable, Borrower will perform such Capital Replacement and request from Xxxxxx, in writing, reimbursement for such Capital Replacement. Xxxxxxxx’s request for reimbursement Rider to Multifamily Loan and Security Agreement Page 2
