BORROWER LEGAL DOCUMENTS Sample Clauses

BORROWER LEGAL DOCUMENTS. 1. A resolution of the Borrower authorizing the Borrower to obligate itself with respect to the Project Documents and authorizing certain officers to execute and deliver the Project Documents. EXHIBIT D TO LOAN AGREEMENT FORM OF PROJECT COMMITMENT [LETTERHEAD OF LENDER] [DATE] United Homes, Inc. 0000 Xxxx Xxxx, Xxxxx 000 Xxxxxxx Xxxxxxx, Xxxxxxxx 00000-0000 RESIDENTIAL FUNDING CORPORATION, a Delaware corporation (the "Lender") is pleased to confirm that the Lender agrees to advance, in accordance with and pursuant to the Loan Agreement referenced below, proceeds of the loan which the Lender made, on a collective basis, to UNITED HOMES, INC., an Illinois corporation, UNITED HOMES, INC., an Arizona corporation, UNITED HOMES OF ILLINOIS, INC., an Illinois corporation and UNITED HOMES OF MICHIGAN, INC., a Michigan corporation (collectively, the "Borrower") with respect to the Project specified below, substantially upon the terms outlined below. Capitalized terms used herein shall have the meanings assigned those terms in the Loan Agreement dated as of May 28, 1996 between the Borrower and the Lender. -------------------------------------------------------------------------------- PROJECT -------------------------------------------------------------------------------- PROJECT OWNER -------------------------------------------------------------------------------- PROJECT AMOUNT $_______, of which amount $_______ is the Acquisition and Development Amount and $_________ is the Construction Amount -------------------------------------------------------------------------------- TYPE OF PROJECT High Advance Rate Project / Conventionally Financed Project --------------------------------------------------------------------------------
Sample 1
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BORROWER LEGAL DOCUMENTS. 1. A resolution of the Borrower authorizing the Borrower to obligate itself with respect to the Project Documents and authorizing certain officers to execute and deliver the Project Documents. EXHIBIT D TO SUPPLEMENT TO LOAN AGREEMENT PROJECT COMMITMENT EXHIBIT E TO SUPPLEMENT TO LOAN AGREEMENT CONDITIONS TO OBLIGATION OF LENDER TO ENTER INTO LOAN AGREEMENT SUPPLEMENT The obligation of the Lender to enter into Loan Agreement is conditioned upon the Lender having received, in form and substance satisfactory to Lender, each of the following:
Sample 1

Related to BORROWER LEGAL DOCUMENTS

  • Material Documents Seller has provided Purchaser with executed copies of all material agreements and documents, and any amendments thereto, relating to Seller’s acquisition of the Mortgage Servicing Rights and the servicing of the Mortgage Loans.

  • Amendment to Organizational Documents The Borrowers will not, and will not permit any of their respective Subsidiaries to, amend, modify or waive any of its rights in a manner materially adverse to the Lenders or any Borrower under its certificate of incorporation, bylaws or other organizational documents.

  • Amendment to Material Documents The Borrower will not, and will not permit any Subsidiary to, amend, modify or waive any of its rights in a manner materially adverse to the Lenders under its certificate of incorporation, bylaws or other organizational documents.

  • Transactional Documents On or prior to the First Closing Date, the Company shall have delivered to the Representatives executed copies of the Trust Agreement, the Subscription Agreement, the Sponsor Shares Purchase Agreement, the Insider Letter, the Registration Rights Agreement and the Administrative Services Agreement, and each such agreement shall be in full force and effect on each of the First Closing Date and each Option Closing Date. With regard to the Insider Letter, if any additional persons shall become executive officers, directors or director nominees of the Company prior to the end of the Lock-up Period, the Company shall cause each such person, prior to or contemporaneously with their appointment or election as an executive officer, director or director nominee to execute a joinder to the Insider Letter.

  • Borrower Documents Borrower shall deliver or cause to be delivered to Administrative Agent the following, each, unless otherwise noted, dated as of the Closing Date:

  • Amendment of Material Documents No Loan Party will, nor will it permit any Subsidiary to, amend, modify or waive any of its rights under (a) any agreement relating to any Subordinated Indebtedness, or (b) its charter, articles or certificate of organization or incorporation and bylaws or operating, management or partnership agreement, or other organizational or governing documents, to the extent any such amendment, modification or waiver would be adverse to the Lenders.

  • Original Documents To the extent the same are in Seller’s possession or control, original, fully executed copies of the Resident Agreements.

  • Modifications of Organizational Documents The Parent and the Borrower shall not, and shall not permit any Loan Party or other Subsidiary to, amend, supplement, restate or otherwise modify its articles or certificate of incorporation, by-laws, operating agreement, declaration of trust, partnership agreement or other applicable organizational document if such amendment, supplement, restatement or other modification could reasonably be expected to have a Material Adverse Effect.

  • Amendments to Organizational Documents The Borrower will not, nor will it permit any of its Restricted Subsidiaries to, enter into or permit any modification or amendment of, or waive any material right or obligation of any Person under its Organizational Documents if the effect thereof would be materially adverse to the Administrative Agent or any Lender or violate Section 7.10.

  • Amendments of Organizational Documents Amend any of its Organizational Documents in any manner that may be adverse to the Administrative Agent or the Lenders or otherwise result in a Material Adverse Effect.

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