Examples of Master Tenant Regulatory Agreement in a sentence
Any Borrower-Operator Agreement shall be subject and subordinate to this Agreement, the Borrower Security Instrument, the Master Tenant Regulatory Agreement, if any, the Operator Security Agreement, and the Borrower Regulatory Agreement.
In the event that Operator receives a written notice from HUD or Lender (i) stating that a default exists under the Borrower Regulatory Agreement, Master Tenant Regulatory Agreement, or any note or security instrument with respect to the Project that is insured or held by HUD, and (ii) directing Operator to make future payments due under any Borrower-Operator Agreement to HUD or Lender, Operator shall thereafter make all future payments under any Borrower-Operator Agreement to HUD or Lender as so directed.
Borrower shall require any Master Tenant to comply with the terms of the Master Tenant Regulatory Agreement and shall set forth such requirements in any Master Lease.
Any Borrower-Operator Agreement shall be subject and subordinate to the First Mortgage Documents, this Agreement, the Borrower Security Instrument, the Master Tenant Regulatory Agreement, if any, the Operator Security Agreement, and the Borrower Regulatory Agreement.
Therefore, HUD should move all “regulatory agreement” appropriate provisions to the Operator or Master Tenant Regulatory Agreement and retain merely the necessary subordination and non-disturbance and attornment provisions, if applicable.
Any Borrower-Operator Agreement shall be subject and 130 subordinate to the First Mortgage Documents, this Agreement, the Borrower Security 131 Instrument, the Master Tenant Regulatory Agreement, if any, the Operator Security Agreement, 132 and the Borrower Regulatory Agreement.
In no event, however, shall the Secured Party/Borrower be liable to the Master Tenant, or to any other party claiming through the Master Tenant, for any other damages, including, without limitation, indirect, speculative, consequential or punitive damages, whatever the nature of the breach by the Secured Party/Borrower of its obligations under any of the Loan Documentsthis Agreement, the Master Tenant Regulatory Agreement, or the Master Lease.
In no event, however, shall the Secured Party/Borrower be liable to the Master Tenant, or to any other party claiming through the Master Tenant, for any other damages, including, without limitation, indirect, speculative, consequential or punitive damages, whatever the nature of the breach by the Secured Party/Borrower of its obligations under any of this Agreement, the Master Tenant Regulatory Agreement, or the Master Lease.