AR Loan Documents Sample Clauses

AR Loan Documents. AR Lender represents and warrants that as of the date hereof Schedule 1 sets forth a list of certain material documents evidencing or securing the AR Loan(s) and that true, correct and complete copies of the documents listed thereon have been provided to FHA Lender and its counsel. Until the AR Loan is paid in full, without the prior written consent of FHA Lender, a Material Term (as defined in the [Operator Agreement/Master Lease]), ofAR Lender shall not amend, restate, supplement or otherwise modify the AR Loan Documents shall not be amended, restated, supplemented or otherwise modified in any way which, and AR Lender shall not take any action which, (ai) results in the creation of any lien, security interest or other encumbrance in any collateral related to the Facility other than the security interests and liens in existence as of the date of this Agreement pursuant to the AR Loan Documents listed on Schedule 1, (bii) increases the AR Loan to an amount in excess of the Maximum Commitment Amount (other than (1A) with respect to advances made by AR Lender prior to the Cut-Off Time that are reasonably necessary to preserve and protect the AR Lender Priority Collateral and (2B) Protective Advances,) (ciii) conflicts in any way with this Agreement, the Operator Security Agreement and/or any applicable HUD rules, regulations or requirements, (div) directly or indirectly increases the amount that Operator is permitted to borrow under the AR Loan Documents, including, but not limited to, changes in the calculation of the borrowing base or any components thereof, (ev) materially and adversely affects the rights or interests of FHA Lender. For the avoidance of doubt, but without limiting in any way the agreement of AR Lender set forth in the immediately prior sentence, FHA Lender agrees that its consent shall not be required for any amendment or modification of any AR Loan Documents that increases the Revolving Loan Commitment (as defined inamount of the AR Loan Agreement) in connection with the joinder of a co-borrower thereunder that is an operator of a nursing and/or assisted living facility that is encumbered by a mortgage loan held or insured by HUD; it being agreed and understood that, such joinder must be approved by HUD. AR Xxxxxx agrees to provide FHA Lender with true, correct and complete copies of any AR Loan Documents within 30 days of said amendment and/or modification. Operator shall provide copies of any and all amendments to the AR Loan Documents...
Sample 1
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AR Loan Documents. The parties thereto shall have duly executed the following A&R Loan Documents: (a) this A&R Agreement, (b) the A&R Master Intercompany Agreement, (c) each New Security Document, and (d) each A&R Borrower Note, each of which shall be in full force and effect, and Administrative Agent shall have received sufficient copies of each agreement.
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AR Loan Documents. Over-line Advances; Allowable Over-Advances; Collateralization.
Sample 1

Related to AR Loan Documents

  • 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.

  • 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

  • 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.

  • 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.

  • 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.

  • 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.

  • Credit Documents The Administrative Agent shall have received:

  • Amendment of Loan Documents Grantor authorizes Bank, without notice or demand and without affecting its liability hereunder, from time to time to (a) renew, extend, or (with the approval of Borrower) otherwise change the terms of any Loan Document, or any part thereof; (b) take and hold security for the payment of any Loan Document, and exchange, enforce, waive and release any such security; and (c) apply such security and direct the order or manner of sale thereof as Bank in its sole discretion may determine.

  • Financing Documents The CAC Credit Facility Documents, the Wxxxx Fargo Warehouse Securitization Documents, the Fifth Third Securitization Documents, the BMO Warehouse Securitization Documents, the 2011-1 Securitization Documents, the 2010-1 Securitization Documents and the 2009-1 Securitization Documents.

  • Execution of Credit Agreement; Loan Documents The Administrative Agent shall have received (i) counterparts of this Agreement, executed by a Responsible Officer of each Loan Party and a duly authorized officer of each Lender, (ii) for the account of each Lender requesting a Note, a Note executed by a Responsible Officer of the Borrower, (iii) counterparts of the Security Agreement and each other Collateral Document, executed by a Responsible Officer of the applicable Loan Parties and a duly authorized officer of each other Person party thereto, as applicable and (iv) counterparts of any other Loan Document, executed by a Responsible Officer of the applicable Loan Party and a duly authorized officer of each other Person party thereto.

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