Contracts for Deed. The Company agrees to comply with all Obligations set forth in any Contract for Deed contained in any Loan subject to this Agreement. Pursuant to the provisions of Section 3.1 hereof, the Initial Member may require the Company to prepare and furnish special warranty deeds for the Initial Member’s approval, conveying the real property subject to any such contract to the Company. The costs and expenses of any title curative work, if required, shall constitute Pre-Approved Charges.
Appears in 6 contracts
Samples: Loan Contribution and Sale Agreement, Loan Contribution and Sale Agreement, Contribution and Sale Agreement
Contracts for Deed. The Company agrees to comply with all Obligations set forth in any Contract for Deed contained in any Loan subject to this Agreement. Pursuant to the provisions of Section 3.1 hereof, the Initial Member may require the Company to prepare and furnish special warranty deeds for the Initial Member’s approvalapproval and execution, conveying the real property subject to any such contract to the Company. The costs and expenses of any title Title curative work, if required, shall constitute Pre-Approved Chargesbe at the Company’s sole cost and expense.
Appears in 4 contracts
Samples: Contribution and Assignment Agreement, Contribution and Assignment Agreement, Contribution and Assignment Agreement
Contracts for Deed. The Company agrees to comply with all Obligations set forth in any Contract for Deed contained in any Loan Asset subject to this Agreement. Pursuant to the provisions of Section 3.1 hereof, the Initial Member may require the Company to prepare and furnish special warranty deeds for the Initial Member’s approval, conveying the real property subject to any such contract to the Company. The costs and expenses of the Company (or the Manager or the Servicer for the benefit of the Company) for any title curative work, if required, shall constitute Pre-Approved Charges.
Appears in 2 contracts
Samples: Asset Contribution and Sale Agreement, Asset Contribution and Sale Agreement
Contracts for Deed. The Company agrees to comply with all Obligations set forth in any Contract for Deed contained in any Mortgage Loan subject to this Agreement. Pursuant to the provisions of Section 3.1 hereof, the Initial Member may require the Company to prepare and furnish special warranty deeds for the Initial Member’s approval, conveying the real property subject to any such contract to the Company. The costs and expenses of any title curative work, if required, shall constitute Pre-Approved Charges.
Appears in 1 contract
