Affidavit of Borrower. The term “Affidavit of Borrower” shall mean a sworn affidavit of an authorized representative of Borrower (and such other parties as Lender may require) to the effect that all statements, invoices, bills, and other expenses incident to the acquisition of the Property and the construction of the Improvements incurred to a specified date, whether or not specified in the Approved Budget, have been paid in full, except for (a) amounts retained pursuant to the Construction Contract, and (b) items to be paid from the proceeds of a Draw then being requested or in another manner satisfactory to Lender.
Affidavit of Borrower. An Affidavit of Borrower executed by the Borrower certifying to the Lender that there are no tax liens, judgments against the Property or that there has been no labor or materials furnished to the Property within the last 120 days, or that there is no unrecorded documents or parties in possession except as set forth in the Permitted Encumbrances (as defined in the Mortgage). (The foregoing shall be hereinafter referred as the “Loan Documents”).
Affidavit of Borrower. The term "Affidavit of Borrower" shall mean a sworn affidavit of Xxxxxxxx (and such other parties as Lender may require) to the effect that all statements, invoices, bills, and other expenses incident to the acquisition of the Land and the construction of the Improvements incurred to a specified date, whether or not specified in the Approved Budget, have been paid in full, except for (a) amounts retained pursuant to the Construction Contract, and (b) items to be paid from the proceeds of the Advance then being requested or in another manner satisfactory to Lender.
Affidavit of Borrower. The term "Affidavit of Borrower" shall mean a sworn affidavit of Borrower (and such other parties as Lender may require) to the effect that all statements, invoices, bills, and other expenses incident to the acquisition of the Property and the renovation of the Improvements incurred to a specified date, whether or not specified in the Approved Budget, have been paid in full, except for amounts retained pursuant to the Construction Contract.
Affidavit of Borrower. A sworn affidavit of Borrower (and such other --------------------- parties as Lender may reasonably require) to the effect that all statements, invoices, bills, and other expenses incident to the acquisition of the Property and the construction of the Improvements incurred to and due by a specified date, whether or not specified in an Approved Budget, have been paid in full, except for (a) amounts retained pursuant to the Construction Contract, and (b) items to be paid from the proceeds of an Advance of the Construction Loan then being requested or in another manner satisfactory to Lender.
Affidavit of Borrower. A sworn affidavit of Borrower (and such other parties as Lender may require) to the effect that all statements, invoices, bills, and other expenses incident to the construction of a Building incurred to a specified date, whether or not specified in the Approved Budget, have been paid in full, except for amounts retained pursuant to the Construction Contract, also including Borrower's attestation that the Advance which is being requested relates to the payment of the costs of labor, materials or services for the completed construction of the specified Development Stage or Development Stages of a particular Building or Buildings as indicated.
Affidavit of Borrower. The term "Affidavit of Borrower" shall mean a sworn affidavit of each Borrower, and such other parties as TFC may require, to the effect that all statements, invoices, bills and other expenses incident to the acquisition, construction, development, renovation, rehabilitation, refitting, furnishing and equipping of the Marathon Key Resort (as hereafter defined) incurred to a specific date, have been paid in full, except for (a) amounts retained pursuant to any Construction Contract (as hereafter defined) and (b) items to be paid from the proceeds of an Acquisition/Construction Advance as approved in writing by TFC as provided in this Agreement.
Affidavit of Borrower. The term "Affidavit of Borrower" shall mean a sworn affidavit of Borrower (and such other parties as Agent may reasonably require) to be delivered to Agent no later than forty-five (45) days after the end of each calendar quarter in the form of Exhibit E.
Affidavit of Borrower. The term "Affidavit of Borrower" shall mean a sworn affidavit of Borrower (and such other parties as Lender may reasonably require) to be delivered to Lender no later than forty-five (45) days after the end of each calendar quarter in the form of Exhibit "D".
