Common use of Co-Borrower Clause in Contracts

Co-Borrower. The Subject Property Owner is on title to the Subject Property as a Co-Borrower pursuant to Section 2.3. A Co-Borrower who is a Subject Property Owner shall be exempt from the Continuing Residence and Continuing Employment Standards as long as he or she is compliant with the terms of the Co-Borrower Agreement.

Appears in 6 contracts

Samples: Deed Restriction and Covenant, Deed Restriction and Covenant, Deed Restriction and Covenant

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Co-Borrower. The Subject Property Owner is on title to the Subject Property as a Co-Borrower pursuant to Section 2.3. A Co-Borrower who is a Subject Property Owner shall be exempt from the Continuing Residence and Continuing Employment Standards as long as he or she is compliant with the terms of the Co-Borrower AgreementAgreement and is not an Occupant.

Appears in 2 contracts

Samples: smrha.org, Deed Restriction and Covenant

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