Assets of New Borrower. The only assets of New Borrower are the Project, the personal property owned by New Borrower and used in connection with the Project and cash or cash equivalents.
Appears in 14 contracts
Samples: Assumption Agreement, Note and Mortgage Assumption Agreement, Note and Mortgage Assumption Agreement
Assets of New Borrower. The only assets of New Borrower are the Project, the personal property owned by New Borrower and used in connection with the Project and cash or cash equivalents.
Appears in 2 contracts
Samples: Note and Mortgage Assumption Agreement (Cedar Income Fund LTD /Md/), Note and Deed of Trust Assumption Agreement (Summit Hotel Properties LLC)
Assets of New Borrower. The only assets of New Borrower are the Project, the personal property owned by New Borrower and used in connection with the Project and cash or cash equivalents.. (h)
Appears in 1 contract
Assets of New Borrower. The only assets of New Borrower are the ProjectProperty, the personal property owned by New Borrower and used in connection with the Project Property and cash or cash equivalentsequivalents and accounts receivable deriving from the Property.
Appears in 1 contract
Samples: Assumption Agreement (Strategic Storage Trust II, Inc.)
Assets of New Borrower. The only assets of New Borrower are the Project, the personal property owned by New Borrower Project together with any and used in connection with the Project all rights associated therewith and cash Cash or cash equivalentsCash Equivalents.
Appears in 1 contract
Samples: Note and Deed of Trust Assumption Agreement (Maguire Properties Inc)