Amendments to Loan Documents. Upon any such assignment, the Borrower and the Guarantors shall, upon the request of the Agent, enter into such documents as may be reasonably required by the Agent to modify the Loan Documents to reflect such assignment.
Amendments to Loan Documents. Each of the Lenders and the Obligors agrees to enter into such amendments to the Loan Documents, and such additional Security Documents and other instruments and agreements, in each case in form and substance reasonably acceptable to the Lenders and the Obligors, as shall reasonably be necessary to implement and give effect to any assignment made under this Section 12.05.
Amendments to Loan Documents. Each of the Agent, the Lenders, the Borrower and its Subsidiaries agrees to enter into such amendments to the Loan Documents, and such additional Security Documents and other instruments and agreements, in each case in form and substance reasonably acceptable to the Agent, the Lenders the Borrower and its Subsidiaries, as shall reasonably be necessary to implement and give effect to any assignment made under this Section 14.05.
Amendments to Loan Documents. (a) The Existing Loan Agreement is hereby amended to delete the Stricken Text and to add the Added Text, in each case as set forth in the Marked Loan Agreement (the Existing Loan Agreement, as so amended, the “Amended Loan Agreement”).
Amendments to Loan Documents. Upon any such assignment or participation, the Borrower and the Trust shall, upon the request of the Agent, enter into such documents as may be reasonably required by the Agent to modify the Loan Documents to reflect such assignment or participation.
Amendments to Loan Documents. Within five (5) Business Days following its effective date, a copy of any material amendment, restatement, supplement, waiver or other modification to any Loan Document of any Transferred Loan, together with any documentation prepared by the Borrower or the Servicer in connection with such document.
Amendments to Loan Documents. The Loan Documents are hereby amended and modified as follows:
Amendments to Loan Documents. Subject to the terms and conditions hereof, the Loan Documents are hereby amended as follows:
1. Pxxxxx Government Money Market Fund, a newly established portfolio series of Pxxxxx Investment Funds (the “New Fund”), is hereby added as a Fund for all purposes under the terms of the Loan Agreement and Note, and each of the Loan Agreement and Note is hereby deemed amended to reflect the foregoing. Pxxxxx Investment Funds, for and on behalf of Pxxxxx Government Money Market Fund, hereby agree to be bound by all of the terms and conditions of the Loan Documents as a Fund thereunder for all purposes as if it had been an original Fund party thereto.
2. The Borrowers have informed the Bank that Pxxxxx Tax Exempt Money Market Fund was liquidated on March 23, 2016. Pxxxxx Tax Exempt Money Market Fund is hereby terminated as a Borrower and a Fund for all purposes under the Loan Documents and all references in the Loan Agreement, the Note and the other Loan Documents to Pxxxxx Tax Exempt Money Market Fund are hereby deleted in their entirety.
3. The Borrowers have further informed the Bank that Pxxxxx VT Money Market Fund, a portfolio series of Pxxxxx Variable Trust, has changed its name to Pxxxxx VT Government Money Market Fund effective April 30, 2016. In furtherance of the foregoing, all references in the Loan Agreement, the Note and the other Loan Documents to Pxxxxx VT Money Market Fund are hereby deleted in their entirety and replaced with references to Pxxxxx VT Government Money Market Fund.
4. The Appendix I attached to the Loan Agreement and the Note and the Appendix I (or other applicable schedule, appendix or exhibit designation), as applicable, attached to each other certificate, agreement or form executed and/or delivered in connection with the Loan Agreement which includes such an Appendix I (or other applicable schedule, appendix or exhibit designation) listing the Borrowers and Funds, is hereby deleted and the Appendix I attached hereto is substituted in each instance therefor, such revised Appendix I reflecting the changes described in paragraphs 1-3 above.
Amendments to Loan Documents. The Loan Documents are hereby modified and amended (and no further amendment document shall be required) to reflect the Transfer and Assumption provided for herein. In furtherance of the foregoing, the Loan Documents are hereby amended effective as of the date hereof as follows:
(a) The term “Owners” as used in the Regulatory Agreement and any of the other Loan Documents means New Borrower and its successors, heirs and assigns.
(b) The address of New Borrower is c/o Grubb & Xxxxx Healthcare REIT II, Inc., 0000 X. Xxxxxx Avenue, Suite 300, Santa Ana, CA 92705, Attention: President and Chief Operating Officer.
(c) Paragraph 6(e)(1) is hereby deleted in its entirety and the following is substituted in lieu thereof:
(1) All distributions shall be made only as of and after the end of a quarterly, semiannual or annual fiscal period, and only as permitted by the law of the applicable jurisdiction.”
(d) All references in the Loan Documents to the master lease and the sublease shall be hereby amended to mean and refer to the New Master Lease and the new sublease by and between Master Tenant and the current operator of the Project.
(e) The following is added to the end of Section 7 of the Security Agreement:
(d) Debtor violates any provision of (i) this Security Agreement; or (ii) any other instrument related to the indebtedness evidenced by the HUD Loan Documents to which Debtor is a party; provided, however, that an event of default shall not occur unless such violation is not cured within applicable cure periods, if any, as may be provided in said documents; or
(e) There occurs any actual or threatened demolition of or injury or waste to the Project, not covered by insurance, or not replaced or restored by Debtor, which may impair the value of the Collateral; or
(f) A receiver is appointed for or a petition in bankruptcy is filed by or against Debtor, its successors or its assigns, which receiver or involuntary bankruptcy petition is not removed, vacated or stayed within sixty (60) days from the first date of appointment or filing thereof; or
(g) Debtor is dissolved and liquidation of Debtor is commenced in accordance with Debtor’s organizational documents and/or the law of the state.”
Amendments to Loan Documents. To the extent that the Lender that is the Control Agent has made an assignment pursuant to Section 12.05(b) or to the extent necessary to reflect new Commitments on Schedule 1, each of the Lenders and the Obligors agrees to enter into such amendments to the Loan Documents, and such additional Security Documents and other instruments and agreements, in each case in form and substance reasonably acceptable to the Lenders and the Obligors, as shall reasonably be necessary to implement and give effect to any assignment made under this Section 12.05.
