Common use of Change in Xxxxxxxx's Condition Clause in Contracts

Change in Xxxxxxxx's Condition. Before the Agency issues a loan guarantee, the lender will certify that there has been no adverse change in the borrower's condition, financial or otherwise, since submission of the application for guaranteed loan. For use in this provision alone, the term "borrower" includes any member, joint operator, partner or stockholder.

Appears in 3 contracts

Samples: Lender's Agreement, Lender's Agreement, Lender's Agreement

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Change in Xxxxxxxx's Condition. Before the Agency issues a loan guarantee, the lender will certify that there has been no adverse change in the borrower's condition, financial or otherwise, since submission of the application for guaranteed loan. For use in this provision alone, the term "borrower" includes any member, joint operator, partner or stockholder.. e.

Appears in 1 contract

Samples: Lender's Agreement

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