Delivery of Security. To provide security for the payment of the Funding Loan and each Governmental Lender Note, the Governmental Lender has pledged and assigned to secure payment of the Funding Loan and the Governmental Lender Notes its right, title and interest in the Security to the Funding Lender. In connection with such pledge, assignment, transfer and conveyance, the Governmental Lender shall deliver to the Funding Lender the following documents or instruments promptly following their execution and, to the extent applicable, their recording or filing: (a) Each Borrower Note endorsed without recourse to the Funding Lender by the Governmental Lender; (b) The originally executed Borrower Loan Agreement and Regulatory Agreement; (c) The originally executed Security Instrument and all other Borrower Loan Documents existing at the time of delivery of the Borrower Notes and an assignment for security of the Security Instrument from the Governmental Lender to the Funding Lender, in recordable form; (d) Uniform Commercial Code financing statements or other chattel security documents giving notice of the Funding Lender’s status as an assignee of the Governmental Lender’s security interest in any personal property forming part of the Project, in form suitable for filing; and (e) Uniform Commercial Code financing statements giving notice of the pledge by the Governmental Lender of the Security pledged under this Funding Loan Agreement. The Governmental Lender shall deliver and deposit with the Funding Lender such additional documents, financing statements, and instruments as the Funding Lender may reasonably require from time to time for the better perfecting and assuring to the Funding Lender of its lien and security interest in and to the Security including, at the request of the Funding Lender, any amounts held under the Contingency Draw-Down Agreement, at the expense of the Borrower.
Appears in 4 contracts
Samples: Funding Loan Agreement, Funding Loan Agreement, Funding Loan Agreement
Delivery of Security. To provide security for the payment of the Funding Loan and each Governmental Lender NoteNotes, the Governmental Lender has pledged and assigned to secure payment of the Funding Loan and the Governmental Lender Notes its right, title and interest in the Security to the Funding LenderFiscal Agent in trust for the benefit of the Noteowner. In connection with such pledge, assignment, transfer and conveyance, the Governmental Lender shall deliver to the Funding Lender Fiscal Agent the following documents or instruments promptly following their execution and, to the extent applicable, their recording or filing:
(a) Each The Borrower Note Notes endorsed without recourse to the Funding Lender Fiscal Agent by the Governmental Lender;
(b) The originally executed Borrower Loan Agreement and Regulatory Agreement;
(c) The originally executed Security Instrument and all other Borrower Loan Documents existing at the time of delivery of the Borrower Notes Note and an assignment for security of the Security Instrument from the Governmental Lender to the Funding LenderFiscal Agent, in recordable formform and acceptable to the Funding Lender as evidenced by its acceptance thereof on the Closing Date;
(d) Uniform Commercial Code financing statements or other chattel security documents giving notice of the Funding LenderFiscal Agent’s status as an assignee of the Governmental LenderXxxxxx’s security interest in any personal property forming part of the Project, in form suitable for filingfiling and acceptable to the Funding Lender as evidenced by its acceptance thereof on the Closing Date; and
(e) Uniform Commercial Code financing statements giving notice of the pledge by the Governmental Lender of the Security pledged under this Funding Loan AgreementAgreement and acceptable to the Funding Lender as evidenced by its acceptance thereof on the Closing Date. The Governmental Lender shall deliver and deposit with the Fiscal Agent or the Funding Lender such additional documents, financing statements, and instruments as the Fiscal Agent, at the Written Direction of the Funding Lender, or the Funding Lender may reasonably require from time to time for the better perfecting and assuring to the Funding Lender of its lien and security interest in and to the Security including, at the request of the Funding Lender, any amounts held under the Contingency Draw-Down AgreementSecurity, at the expense of the Borrower. The Fiscal Agent shall have no obligation to give, execute, deliver, file, record, authorize or obtain any financing statements, notices, instruments, documents, agreements, consents or other papers as shall be necessary to (i) create, preserve, perfect or validate the security interest granted to the Fiscal Agent pursuant this Funding Loan Agreement (except for the filing of continuation statements for filed financing statements on which the "Public-Finance Transaction" box has been marked to indicate that such financing statements have been filed in connection with a public finance transaction, copies of which are delivered to the Fiscal Agent as provided above); or (ii) enable the Fiscal Agent to exercise and enforce its rights with respect to such pledge and security interest. In addition, the Fiscal Agent shall have no responsibility or liability (i) in connection with the acts or omission of the Borrower in respect of the foregoing; or (ii) for or with respect to the legality, validity and enforceability of any security interest created in the Security or the perfection and priority of such security interest.
Appears in 4 contracts
Samples: Funding Loan Agreement, Funding Loan Agreement, Funding Loan Agreement
Delivery of Security. To provide security for the payment of the Funding Loan and each the Governmental Lender Note, the Governmental Lender has pledged and assigned to secure payment of the Funding Loan and the Governmental Lender Notes Note its right, title and interest in the Security to the Funding Lender. In connection with such pledge, assignment, transfer and conveyance, the Governmental Lender there shall deliver be delivered to the Funding Lender Lender, by or at the direction of the Borrower, the following documents or instruments promptly following their execution and, to the extent applicable, their recording or filing:
(a) Each The Borrower Note endorsed without recourse to the Funding Lender by the Governmental Lender;
(b) The originally executed Borrower Loan Agreement and Regulatory Agreement;
(c) The originally executed Security Instrument and all other Borrower Loan Documents existing at the time of delivery of the Borrower Notes Note and an assignment for security of the Security Instrument from the Governmental Lender to the Funding Lender, in recordable form;
(d) Uniform Commercial Code financing statements or other chattel security documents giving notice of the Funding Lender’s status as an assignee of the Governmental Lender’s security interest in any personal property forming part of the Project, in form suitable for filing; and
(e) Uniform Commercial Code financing statements giving notice of the pledge by the Governmental Lender of the Security pledged under this Funding Loan Agreement. The Governmental Lender There shall deliver be delivered and deposit deposited with the Funding Lender such additional documents, financing statements, and instruments as the Funding Lender may reasonably require from time to time for the better perfecting and assuring to the Funding Lender of its lien and security interest in and to the Security including, at the request of the Funding Lender, any amounts held under the Contingency Draw-Down Agreement, in each case at the expense of the Borrower.
Appears in 3 contracts
Samples: Funding Loan Agreement, Funding Loan Agreement, Funding Loan Agreement
Delivery of Security. To provide security for the payment of the Funding Loan and each Governmental Lender Note, the Governmental Lender has pledged and assigned to secure payment of the Funding Loan and the Governmental Lender Notes its right, title and interest in the Security to the Funding Lender. In connection with such pledge, assignment, transfer and conveyance, the Governmental Lender there shall deliver be delivered to the Funding Lender Lender, by or at the expense of the Borrower, the following documents or instruments promptly following their execution and, to the extent applicable, their recording or filing:
(a) Each Borrower Note endorsed without recourse to the Funding Lender by the Governmental Lender;
(b) The originally executed Borrower Loan Agreement and Regulatory Agreement;
(c) The originally executed Security Instrument and all other Borrower Loan Documents existing at the time of delivery of the Borrower Notes and an assignment for security of the Security Instrument from the Governmental Lender to the Funding Lender, in recordable form;
(d) Uniform Commercial Code financing statements or other chattel security documents giving notice of the Funding Lender’s status as an assignee of the Governmental Lender’s security interest in any personal property forming part of the Project, in form suitable for filing; and
(e) Uniform Commercial Code financing statements giving notice of the pledge by the Governmental Lender of the Security pledged under this Funding Loan Agreement. The Governmental Lender There shall deliver be delivered and deposit deposited with the Funding Lender such additional documents, financing statements, and instruments as the Funding Lender may reasonably require from time to time for the better perfecting and assuring to the Funding Lender of its lien and security interest in and to the Security including, at the request of the Funding Lender, any amounts held under the Contingency Draw-Down Agreement, in each case at the expense of the Borrower.
Appears in 2 contracts
Samples: Funding Loan Agreement, Funding Loan Agreement
Delivery of Security. To provide security for the payment of the Funding Loan and each the Governmental Lender NoteNotes, the Governmental Lender has pledged and assigned to secure payment of the Funding Loan and the Governmental Lender Notes its right, title and interest in the Security to the Funding Lender. In connection with such pledge, assignment, transfer and conveyance, the Governmental Lender there shall deliver be delivered to the Funding Lender Lender, by or at the expense of the Borrower, the following documents or instruments promptly following their execution and, to the extent applicable, their recording or filing:
(a) Each Borrower Note endorsed without recourse to the Funding Lender by the Governmental Lender;
(b) The originally executed Borrower Loan Agreement and Regulatory Agreement;
(c) The originally executed Security Instrument and all other Borrower Loan Documents existing at the time of delivery of the Borrower Notes and an assignment for security of the Security Instrument from the Governmental Lender to the Funding Lender, in recordable form;
(d) Uniform Commercial Code financing statements or other chattel security documents giving notice of the Funding Lender’s status as an assignee of the Governmental Lender’s security interest in any personal property forming part of the Project, in form suitable for filing; and
(e) Uniform Commercial Code financing statements giving notice of the pledge by the Governmental Lender of the Security pledged under this Funding Loan Agreement. The Governmental Lender There shall deliver be delivered and deposit deposited with the Funding Lender such additional documents, financing statements, and instruments as the Funding Lender may reasonably require from time to time for the better perfecting and assuring to the Funding Lender of its lien and security interest in and to the Security including, at the request of the Funding Lender, any amounts held under the Contingency Draw-Down Agreement, in each case at the expense of the Borrower.
Appears in 1 contract
Samples: Funding Loan Agreement
Delivery of Security. To provide security for the payment of the Funding Loan and each the Governmental Lender Note, the Governmental Lender has pledged and assigned to secure payment of the Funding Loan and the Governmental Lender Notes Note its right, title and interest in the Security to the Funding Lender. In connection with such pledge, assignment, transfer and conveyance, the Governmental Lender shall deliver to the Funding Lender the following documents or instruments promptly following their execution and, to the extent applicable, their recording or filing:
(a) Each The Borrower Note endorsed without recourse to the Funding Lender by the Governmental Lender;
(b) The originally executed Borrower Loan Agreement and Regulatory Agreement;
(c) The originally executed Security Instrument and all other Borrower Loan Documents existing at the time of delivery of the Borrower Notes Note and an assignment for security of the Security Instrument from the Governmental Lender to the Funding Lender, in recordable form;
(d) Uniform Commercial Code financing statements or other chattel security documents giving notice of the Funding Lender’s status as an assignee of the Governmental Lender’s security interest in any personal property forming part of the Project, in form suitable for filing; and
(e) Uniform Commercial Code financing statements giving notice of the pledge by the Governmental Lender of the Security pledged under this Funding Loan Agreement. The Governmental Lender shall deliver and deposit with the Funding Lender such additional documents, financing statements, and instruments as the Funding Lender may reasonably require from time to time for the better perfecting and assuring to the Funding Lender of its lien and security interest in and to the Security includingSecurity, at the request of the Funding Lender, any amounts held under the Contingency Draw-Down Agreement, at a the expense of the Borrower.
Appears in 1 contract
Samples: Funding Loan Agreement
Delivery of Security. { TC \l2 "Section 4.2. Delivery of Security" } To provide security for the payment of the Funding Loan and each the Governmental Lender Note, the Governmental Lender has pledged and assigned to secure payment of the Funding Loan and the Governmental Lender Notes Note its right, title and interest in the Security to the Funding Lender. In connection with such pledge, assignment, transfer and conveyance, the Governmental Lender shall deliver to the Funding Lender the following documents or instruments promptly following their execution and, to the extent applicable, their recording or filing:
(a) Each The Borrower Note endorsed without recourse to the Funding Lender by the Governmental Lender;
(b) The originally executed Borrower Loan Agreement and Regulatory Agreement;
(c) The originally executed Security Instrument and all other Borrower Loan Documents existing at the time of delivery of the Borrower Notes Note and an assignment for security of the Security Instrument from the Governmental Lender to the Funding Lender, in recordable form;
(d) Uniform Commercial Code UCC financing statements or other chattel security documents giving notice of the Funding Lender’s status as an assignee of the Governmental Lender’s security interest in any personal property forming part of the Project, in form suitable for filing; and
(e) Uniform Commercial Code UCC financing statements giving notice of the pledge by the Governmental Lender of the Security pledged under this Funding Loan Agreement. The Governmental Lender shall deliver and deposit with the Funding Lender such additional documents, financing statements, and instruments as the Funding Lender may reasonably require from time to time for the better perfecting and assuring to the Funding Lender of its lien and security interest in and to the Security including, at the request of the Funding Lender, any amounts held under the Contingency Draw-Down Agreement, at the expense of the Borrower. Section 5.1. Source of Payment of Funding Loan and Other Obligations.{ TC \l2 "Section 5.1. Source of Payment of Funding Loan and Other Obligations"} The Funding Loan and the Governmental Lender Note are limited obligations of the Governmental Lender, payable solely from the Pledged Revenues and other funds and moneys and Security pledged and assigned hereunder. None of the Governmental Lender, the State, or any political subdivision thereof (except the Governmental Lender, to the limited extent set forth herein) nor any public agency shall in any event be liable for the payment of the principal of, premium (if any) or interest on the Governmental Lender Note and the Funding Loan or for the performance of any pledge, obligation or agreement of any kind whatsoever with respect thereto except as set forth herein, and none of the Funding Loan or the Governmental Lender Note or any of the Governmental Lender’s agreements or obligations with respect to the Funding Loan, the Governmental Lender Note, or hereunder, shall be construed to constitute an indebtedness of or a pledge of the faith and credit of or a loan of the credit of or a moral obligation of any of the foregoing within the meaning of any constitutional or statutory provision whatsoever.
Appears in 1 contract
Samples: Funding Loan Agreement
Delivery of Security. To provide security for the payment of the Funding Loan and each Governmental Lender NoteNotes, the Governmental Lender has pledged and assigned to secure payment of the Funding Loan and the Governmental Lender Notes its right, title and interest in the Security to the Funding LenderFiscal Agent in trust for the benefit of the Noteowner. In connection with such pledge, assignment, transfer and conveyance, the Governmental Lender shall deliver to the Funding Lender Fiscal Agent the following documents or instruments promptly following their execution and, to the extent applicable, their recording or filing:filing:
(a) Each The Borrower Note Notes endorsed without recourse to the Funding Lender Fiscal Agent by the Governmental Lender;
(b) The originally executed Borrower Loan Agreement and Regulatory Agreement;
(c) The originally executed Security Instrument and all other Borrower Loan Documents existing at the time of delivery of the Borrower Notes Note and an assignment for security of the Security Instrument from the Governmental Lender to the Funding LenderFiscal Agent, in recordable formform and acceptable to the Funding Lender as evidenced by its acceptance thereof on the Closing Date;
(d) Uniform Commercial Code financing statements or other chattel security documents giving notice of the Funding LenderFiscal Agent’s status as an assignee of the Governmental LenderXxxxxx’s security interest in any personal property forming part of the Project, in form suitable for filingfiling and acceptable to the Funding Lender as evidenced by its acceptance thereof on the Closing Date; and
(e) Uniform Commercial Code financing statements giving notice of the pledge by the Governmental Lender of the Security pledged under this Funding Loan AgreementAgreement and acceptable to the Funding Lender as evidenced by its acceptance thereof on the Closing Date. The Governmental Lender shall deliver and deposit with the Fiscal Agent or the Funding Lender such additional documents, financing statements, and instruments as the Fiscal Agent, at the Written Direction of the Funding Lender, or the Funding Lender may reasonably require from time to time for the better perfecting and assuring to the Funding Lender of its lien and security interest in and to the Security including, at the request of the Funding Lender, any amounts held under the Contingency Draw-Down AgreementSecurity, at the expense of the Borrower.
Appears in 1 contract
Samples: Funding Loan Agreement
Delivery of Security. To provide security for the payment of the Funding Loan and each the Governmental Lender Note, the Governmental Lender has pledged and assigned to secure payment of the Funding Loan and the Governmental Lender Notes Note its right, title and interest in the Security to the Funding Lender. In connection with such pledge, assignment, transfer and conveyance, the Governmental Lender shall deliver to the Funding Lender the following documents or instruments promptly following their execution and, to the extent applicable, their recording or filing:
(a) Each The Borrower Note endorsed without recourse to the Funding Lender by the Governmental Lender;
(b) The originally executed Borrower Loan Agreement and Regulatory Agreement;
(c) The originally executed Security Instrument and all other Borrower Loan Documents existing at the time of delivery of the Borrower Notes Note and an assignment for security of the Security Instrument from the Governmental Lender to the Funding Lender, in recordable form;
(d) Uniform Commercial Code financing statements or other chattel security documents giving notice of the Funding Lender’s status as an assignee of the Governmental Lender’s security interest in any personal property forming part of the Project, in form suitable for filing; and
(e) Uniform Commercial Code financing statements giving notice of the pledge by the Governmental Lender of the Security pledged under this Funding Loan Agreement. The Governmental Lender shall deliver and deposit with the Funding Lender such additional documents, financing statements, and instruments as the Funding Lender may reasonably require from time to time time, including without limitation with respect to any amounts held under the Contingency Draw- Down Agreement, for the better perfecting and assuring to the Funding Lender of its lien and security interest in and to the Security including, at the request of the Funding Lender, any amounts held under the Contingency Draw-Down AgreementSecurity, at the expense of the Borrower.
Appears in 1 contract
Samples: Funding Loan Agreement
Delivery of Security. To provide security for the payment of the Funding Loan and each Governmental Lender Note, the Governmental Lender has pledged and assigned to secure payment of the Funding Loan and the each Governmental Lender Notes Note its right, title and interest in the Security to the Funding Lender. In connection with such pledge, assignment, transfer and conveyance, the Governmental Lender shall deliver to the Funding Lender the following documents or instruments promptly following their execution and, to the extent applicable, their recording or filing:
(a) Each The Borrower Note Notes endorsed without recourse to the Funding Lender by the Governmental Lender;
(b) The originally executed Borrower Loan Agreement and Regulatory Agreement;
(c) The originally executed Security Instrument and all other Borrower Loan Documents existing at the time of delivery of the Borrower Notes and an assignment for security of the Security Instrument from the Governmental Lender to the Funding Lender, in recordable form;
(d) Uniform Commercial Code UCC financing statements or other chattel security documents giving notice of the Funding Lender’s status as an assignee of the Governmental Lender’s security interest in any personal property forming part of the Project, in form suitable for filing; and
(e) Uniform Commercial Code UCC financing statements giving notice of the pledge by the Governmental Lender of the Security pledged under this Funding Loan Agreement. The Governmental Lender shall deliver and deposit with the Funding Lender such additional documents, financing statements, and instruments as the Funding Lender may reasonably require from time to time for the better perfecting and assuring to the Funding Lender of its lien and security interest in and to the Security including, at the request of the Funding Lender, any amounts held under the Contingency Draw-Down Agreement, at the expense of the Borrower.
Appears in 1 contract
Samples: Funding Loan Agreement
Delivery of Security. To provide security for the payment of the Funding Loan and each Governmental Lender Note, the Governmental Lender has pledged and assigned to secure payment of the Funding Loan and the each Governmental Lender Notes Note its right, title and interest in the Security to the Funding Lender. In connection with such pledge, assignment, transfer and conveyance, the Governmental Lender shall deliver to the Funding Lender the following documents or instruments promptly following their execution and, to the extent applicable, their recording or filing:filing:
(a) Each Borrower Note endorsed without recourse to the Funding Lender by the Governmental Lender;
(b) The originally executed Borrower Loan Agreement and Regulatory Agreement;
(c) The originally executed Security Instrument and all other Borrower Loan Documents existing at the time of delivery of the Borrower Notes and an assignment for security of the Security Instrument from the Governmental Lender to the Funding Lender, in recordable form;
(d) Uniform Commercial Code financing statements or other chattel security documents giving notice of the Funding Lender’s status as an assignee of the Governmental Lender’s security interest in any personal property forming part of the Project, in form suitable for filing; and
(e) Uniform Commercial Code financing statements giving notice of the pledge by the Governmental Lender of the Security pledged under this Funding Loan Agreement. The Governmental Lender shall deliver and deposit with the Funding Lender such additional documents, financing statements, and instruments as the Funding Lender may reasonably require from time to time for the better perfecting and assuring to the Funding Lender of its lien and security interest in and to the Security including, at the request of the Funding Lender, any amounts held under the Contingency Draw-Down Agreement, at the expense of the Borrower.
Appears in 1 contract
Samples: Funding Loan Agreement
Delivery of Security. To provide security for the payment of the Funding Loan and each the Governmental Lender Note, the Governmental Lender has pledged and assigned to secure payment of the Funding Loan and the Governmental Lender Notes Note its right, title and interest in the Security to the Funding Lender. In connection with such pledge, assignment, transfer and conveyance, the Governmental Lender shall deliver to the Funding Lender the following documents or instruments promptly following their execution and, to the extent applicable, their recording or filing:
(a) Each The Borrower Note endorsed without recourse to the Funding Lender by the Governmental Lender;
(b) The originally executed Borrower Loan Agreement and Regulatory Agreement;
(c) The originally executed Security Instrument and all other Borrower Loan Documents existing at the time of delivery of the Borrower Notes Note and an assignment for security of the Security Instrument from the Governmental Lender to the Funding Lender, in recordable form;
(d) Uniform Commercial Code UCC financing statements or other chattel security documents giving notice of the Funding Lender’s status as an assignee of the Governmental Lender’s security interest in any personal property forming part of the Project, in form suitable for filing; and
(e) Uniform Commercial Code UCC financing statements giving notice of the pledge by the Governmental Lender of the Security pledged under this Funding Loan Agreement. The Governmental Lender shall deliver and deposit with the Funding Lender such additional documents, financing statements, and instruments as the Funding Lender may reasonably require from time to time for the better perfecting and assuring to the Funding Lender of its lien and security interest in and to the Security including, at the request of the Funding Lender, any amounts held under the Contingency Draw-Down Agreement, at the expense of the Borrower.
Appears in 1 contract
Samples: Funding Loan Agreement
Delivery of Security. To provide security for the payment of the Funding Loan and each the Governmental Lender Note, the Governmental Lender has pledged and assigned to secure payment of the Funding Loan and the Governmental Lender Notes Note its right, title and interest in the Security to the Funding Lender. In connection with such pledge, assignment, transfer and conveyance, the Governmental Lender shall deliver to the Funding Lender the following documents or instruments promptly following their execution and, to the extent applicable, their recording or filing:
(a) Each The Borrower Note endorsed without recourse to the Funding Lender by the Governmental Lender;
(b) The originally executed Borrower Loan Agreement and Regulatory Agreement;
(c) The originally executed Security Instrument and all All other Borrower Loan Documents existing at the time of delivery of the Borrower Notes and an assignment for security of the Security Instrument from the Governmental Lender to the Funding Lender, in recordable formNote;
(d) Uniform Commercial Code financing statements or other chattel security documents giving notice of the Funding Lender’s status as an assignee of the Governmental Lender’s security interest in any personal property forming part of the Project, in form suitable for filing; and
(e) Uniform Commercial Code financing statements giving notice of the pledge by the Governmental Lender of the Security pledged under this Funding Loan Agreement. The Governmental Lender shall deliver and deposit with the Funding Lender such additional documents, financing statements, and instruments as the Funding Lender may reasonably require from time to time time, including without limitation with respect to any amounts held under the Contingency Draw-Down Agreement, for the better perfecting and assuring to the Funding Lender of its lien and security interest in and to the Security including, at the request of the Funding Lender, any amounts held under the Contingency Draw-Down AgreementSecurity, at the expense of the Borrower.
Appears in 1 contract
Samples: Borrower Loan Agreement
Delivery of Security. To provide security for the payment of the Funding Loan and each the Governmental Lender NoteNotes, the Governmental Lender has pledged and assigned to secure payment of the Funding Loan and the Governmental Lender Notes its right, title and interest in the Security to the Funding Lender. In connection with such pledge, assignment, transfer and conveyance, the Governmental Lender there shall deliver be delivered to the Funding Lender Lender, by or at the expense of the Borrower, the following documents or instruments promptly following their execution and, to the extent applicable, their recording or filing:
(a) Each The Borrower Note endorsed without recourse to the Funding Lender by the Governmental Lender;
(b) The originally executed Borrower Loan Agreement and Regulatory Agreement;
(c) The originally executed Security Instrument and all other Borrower Loan Documents existing at the time of delivery of the Borrower Notes Note and an assignment for security of the Security Instrument from the Governmental Lender to the Funding Lender, in recordable form;
(d) Uniform Commercial Code financing statements or other chattel security documents giving notice of the Funding Lender’s status as an assignee of the Governmental Lender’s security interest in any personal property forming part of the Project, in form suitable for filing; and
(e) Uniform Commercial Code financing statements giving notice of the pledge by the Governmental Lender of the Security pledged under this Funding Loan Agreement. The Governmental Lender There shall deliver be delivered and deposit deposited with the Funding Lender such additional documents, financing statements, and instruments as the Funding Lender may reasonably require from time to time for the better perfecting and assuring to the Funding Lender of its lien and security interest in and to the Security including, at the request of the Funding Lender, any amounts held under the Contingency Draw-Down Agreement, at the expense of the Borrower.Borrower.
Appears in 1 contract
Samples: Funding Loan Agreement
Delivery of Security. To provide security for the payment of the Funding Loan and each Governmental Lender the Funding Note, the Governmental Lender has pledged and assigned to secure payment of the Funding Loan and the Governmental Lender Notes Funding Note its right, title and interest in the Security to the Funding Lender. In connection with such pledge, assignment, transfer and conveyance, the Governmental Lender shall deliver to the Funding Lender the following documents or instruments promptly following their execution and, to the extent applicable, their recording or filing:
(a) Each The Borrower Note endorsed without recourse to the Funding Lender by the Governmental Lender;
(b) The originally executed Borrower Loan Agreement, Regulatory Agreement and Regulatory Tax Agreement;
(c) The originally executed Security Instrument and all other Borrower Loan Documents existing at the time of delivery of the Borrower Notes Note and an assignment for security of the Security Instrument from the Governmental Lender to the Funding Lender, in recordable form;
(d) Uniform Commercial Code financing statements or other chattel security documents giving notice of the Funding Lender’s status as an assignee of the Governmental Lender’s security interest in any personal property forming part of the Project, in form suitable for filing; and
(e) Uniform Commercial Code financing statements giving notice of the pledge by the Governmental Lender of the Security pledged under this Funding Loan Agreement. The At the sole expense of the Borrower, the Governmental Lender shall deliver and deposit with the Fiscal Agent or the Funding Lender such additional documents, financing statements, and instruments as the Fiscal Agent or the Funding Lender may reasonably require from time to time for the better perfecting and assuring to the Fiscal Agent or the Funding Lender of its lien and security interest in and to the Security including, at the request of the Funding Lender, any amounts held under the Contingency Draw-Down Agreement, at the expense of the BorrowerSecurity.
Appears in 1 contract
Samples: Funding Loan Agreement
Delivery of Security. To provide security for the payment of the Funding Loan and each Governmental Lender NoteNotes, the Governmental Lender has pledged and assigned to secure payment of the Funding Loan and the Governmental Lender Notes its right, title and interest in the Security to the Funding LenderFiscal Agent in trust for the benefit of the Noteowner. In connection with such pledge, assignment, transfer and conveyance, the Governmental Lender shall deliver to the Funding Lender Fiscal Agent the following documents or instruments promptly following their execution and, to the extent applicable, their recording or filing:filing:
(a) Each The Borrower Note Notes endorsed without recourse to the Funding Lender Fiscal Agent by the Governmental Lender;
(b) The originally executed Borrower Loan Agreement and Regulatory Agreement;
(c) The originally executed Security Instrument and all other Borrower Loan Documents existing at the time of delivery of the Borrower Notes Note and an assignment for security of the Security Instrument from the Governmental Lender to the Funding LenderFiscal Agent, in recordable formform and acceptable to the Funding Lender as evidenced by its acceptance thereof on the Closing Date;
(d) Uniform Commercial Code financing statements or other chattel security documents giving notice of the Funding LenderFiscal Agent’s status as an assignee of the Governmental LenderXxxxxx’s security interest in any personal property forming part of the Project, in form suitable for filingfiling and acceptable to the Funding Lender as evidenced by its acceptance thereof on the Closing Date; and
(e) Uniform Commercial Code financing statements giving notice of the pledge by the Governmental Lender of the Security pledged under this Funding Loan AgreementAgreement and acceptable to the Funding Lender as evidenced by its acceptance thereof on the Closing Date. The Governmental Lender shall deliver and deposit with the Fiscal Agent or the Funding Lender such additional documents, financing statements, and instruments as the Fiscal Agent, at the Written Direction of the Funding Lender, or the Funding Lender may reasonably require from time to time for the better perfecting and assuring to the Funding Lender of its lien and security interest in and to the Security including, at the request of the Funding Lender, any amounts held under the Contingency Draw-Down AgreementSecurity, at the expense of the Borrower. The Fiscal Agent shall have no obligation to give, execute, deliver, file, record, authorize or obtain any financing statements, notices, instruments, documents, agreements, consents or other papers as shall be necessary to (i) create, preserve, perfect or validate the security interest granted to the Fiscal Agent pursuant this Funding Loan Agreement (except for the filing of continuation statements for filed financing statements on which the "Public-Finance Transaction" box has been marked to indicate that such financing statements have been filed in connection with a public finance transaction, copies of which are delivered to the Fiscal Agent as provided above); or (ii) enable the Fiscal Agent to exercise and enforce its rights with respect to such pledge and security interest. In addition, the Fiscal Agent shall have no responsibility or liability (i) in connection with the acts or omission of the Borrower in respect of the foregoing; or (ii) for or with respect to the legality, validity and enforceability of any security interest created in the Security or the perfection and priority of such security interest.
Appears in 1 contract
Samples: Funding Loan Agreement
Delivery of Security. To provide security for the payment of the Funding Loan and each the Governmental Lender Note, the Governmental Lender has pledged and assigned to secure payment of the Funding Loan and the Governmental Lender Notes its right, title and interest in the Security to the Funding LenderFiscal Agent for the benefit of the holder from time to time of the Governmental Lender Note. In connection with such pledge, assignment, transfer and conveyance, the Governmental Lender shall deliver to the Funding Lender Fiscal Agent the following documents or instruments promptly following their execution and, to the extent applicable, their recording or filing:
(a) Each The Borrower Note endorsed without recourse to the Funding Lender Fiscal Agent by the Governmental Lender;
(b) The originally executed Borrower Loan Agreement and Regulatory Agreement;
(c) The originally A copy of the executed Security Instrument and all other Borrower Loan Documents existing at the time of delivery of the Borrower Notes Note and an assignment for security of the Security Instrument from the Governmental Lender to the Funding LenderFiscal Agent, in recordable form;
(d) Uniform Commercial Code financing statements or other chattel security documents giving notice of the Funding LenderFiscal Agent’s status as an assignee of the Governmental Lender’s security interest in any personal property forming part of the Project, in form suitable for filing; and
(e) Uniform Commercial Code financing statements giving notice of the pledge by the Governmental Lender of the Security pledged under this Funding Loan Agreement. The Governmental Lender shall deliver and deposit with the Fiscal Agent or the Funding Lender such additional documents, financing statements, and instruments as the Fiscal Agent, at the direction of the Funding Lender or the Funding Lender may reasonably require from time to time for the better perfecting and assuring to the Funding Lender Fiscal Agent of its lien and security interest in and to the Security including, at the request of the Funding Lender, without limitation with respect to any amounts held under the Contingency Draw-Down Agreement, at the expense of the Borrower.
Appears in 1 contract
Samples: Funding Loan Agreement
Delivery of Security. To provide security for the payment of the Funding Loan and each the Governmental Lender Note, the Governmental Lender has pledged and assigned to secure payment of the Funding Loan and the Governmental Lender Notes Note its right, title and interest in the Security to the Funding Lender. In connection with such pledge, assignment, transfer and conveyance, the Governmental Lender there shall deliver be delivered to the Funding Lender Lender, by or at the direction of the Borrower, the following documents or instruments promptly following their execution and, to the extent applicable, their recording or filing:
(a) Each The Borrower Note endorsed without recourse to the Funding Lender by the Governmental Lender;
(b) The originally executed Borrower Loan Agreement and Regulatory AgreementAgreements;
(c) The originally executed Security Instrument and all other Borrower Loan Documents existing at the time of delivery of the Borrower Notes Note and an assignment for security of the Security Instrument from the Governmental Lender to the Funding Lender, in recordable form;
(d) Uniform Commercial Code financing statements or other chattel security documents giving notice of the Funding Lender’s status as an assignee of the Governmental Lender’s security interest in any personal property forming part of the Project, in form suitable for filing; and
(e) Uniform Commercial Code financing statements giving notice of the pledge by the Governmental Lender of the Security pledged under this Funding Loan Agreement. The Governmental Lender There shall deliver be delivered and deposit deposited with the Funding Lender such additional documents, financing statements, and instruments as the Funding Lender may reasonably require from time to time for the better perfecting and assuring to the Funding Lender of its lien and security interest in and to the Security including, at the request of the Funding Lender, any amounts held under the Contingency Draw-Down Agreement, in each case at the expense of the Borrower.
Appears in 1 contract
Samples: Funding Loan Agreement
Delivery of Security. To provide security for the payment of the Funding Loan and each the Governmental Lender Note, the Governmental Lender has pledged and assigned to secure payment of the Funding Loan and the Governmental Lender Notes Note its right, title and interest in the Security to the Funding Lender. In connection with such pledge, assignment, transfer and conveyance, the Governmental Lender shall deliver to the Funding Lender the following documents or instruments promptly following their execution and, to the extent applicable, their recording or filing:
(a) Each The Borrower Note endorsed without recourse to the Funding Lender by the Governmental Lender;
(b) The originally executed Borrower Loan Agreement and Regulatory Agreement;
(c) The originally executed Security Instrument and all other Borrower Loan Documents existing at the time of delivery of the Borrower Notes Note and an assignment for security of the Security Instrument from the Governmental Lender to the Funding Lender, in recordable form;
(d) Uniform Commercial Code financing statements or other chattel security documents giving notice of the Funding Lender’s status as an assignee of the Governmental Lender’s security interest in any personal property forming part of the Project, in form suitable for filing; and
(e) Uniform Commercial Code financing statements giving notice of the pledge by the Governmental Lender of the Security pledged under this Funding Loan Agreement. The Governmental Lender shall deliver and deposit with the Funding Lender such additional documents, financing statements, and instruments as the Funding Lender may reasonably require from time to time for the better perfecting and assuring to the Funding Lender of its lien and security interest in and to the Security Security, including, at the request of the Funding Lender, any amounts held under the Contingency Draw-Down Agreement, at the expense of the Borrower.
Appears in 1 contract
Samples: Borrower Loan Agreement
Delivery of Security. To provide security for the payment of the Funding Loan and each Governmental Lender Note, the Governmental Lender has pledged and assigned to secure payment of the Funding Loan and the Governmental Lender Notes its right, title and interest in the Security to the Funding LenderFiscal Agent for the benefit ofthe holder from time to time of the Governmental Lender Note. In connection with such pledge, assignment, transfer and conveyance, the Governmental Lender shall deliver to the Funding Lender Fiscal Agent the following 4810-8817-5806.3 documents or instruments promptly following their execution and, to the extent applicable, their recording or filing:
(a) Each Borrower Note endorsed without recourse to the Funding Lender Fiscal Agent by the Governmental Lender;
(b) The originally executed Borrower Loan Agreement and Regulatory Agreement;
(c) The originally A copy of the executed Security Instrument and all other Borrower Loan Documents existing at the time of delivery of the Borrower Notes Note and an assignment for security of the Security Instrument from the Governmental Lender to the Funding LenderFiscal Agent, in recordable form;
(d) Uniform Commercial Code financing statements or other chattel security documents giving notice of the Funding LenderFiscal Agent’s status as an assignee of the Governmental LenderXxxxxx’s security interest in any personal property forming part of the Project, in form suitable for filing; and
(e) Uniform Commercial Code financing statements giving notice of the ofthe pledge by the Governmental Lender of the Security pledged under this Funding Loan Agreement. The Governmental Lender shall deliver and deposit with the Fiscal Agent or the Funding Lender such additional documents, financing statements, and instruments as the Fiscal Agent, at the direction of the Funding Lender or the Funding Lender may reasonably require from time to time for the better perfecting and assuring to the Funding Lender Fiscal Agent of its lien and security interest in and to the Security including, at the request of the Funding Lender, any amounts held under the Contingency Draw-Down AgreementSecurity, at the expense of the Borrower.
Appears in 1 contract
Samples: Funding Loan Agreement
Delivery of Security. To provide security for the payment of the Funding Loan and each Governmental Lender Note, the Governmental Lender has pledged and assigned to secure payment of the Funding Loan and the Governmental Lender Notes its right, title and interest in the Security to the Funding Lender. In connection with such pledge, assignment, transfer and conveyance, the Governmental Lender shall deliver to the Funding Lender the following documents or instruments promptly following their execution and, to the extent applicable, their recording or filing:
(a) Each Borrower Note endorsed without recourse to the Funding Lender by the Governmental Lender;
(b) The originally executed Borrower Loan Agreement and Regulatory Agreement;
(c) The originally executed Security Instrument and all other Borrower Loan Documents existing at the time of delivery of the Borrower Notes and an assignment for security of the Security Instrument from the Governmental Lender to the Funding Lender, in recordable form;
(d) Uniform Commercial Code financing statements or other chattel security documents giving notice of the Funding Lender’s status as an assignee of the Governmental Lender’s security interest in any personal property forming part of the Project, in form suitable for filing; and
(e) Uniform Commercial Code financing statements giving notice of the pledge by the Governmental Lender of the Security pledged under this Funding Loan Agreement. The Governmental Lender shall deliver and deposit with the Funding Lender such additional documents, financing statements, and instruments as the Funding Lender may reasonably require from time to time for the better perfecting and assuring to the Funding Lender of its lien and security interest in and to the Security including, at the request of the Funding Lender, any amounts held under the Contingency Draw-Down Agreement, in each case at the expense of the Borrower.
Appears in 1 contract
Samples: Funding Loan Agreement
Delivery of Security. To provide security for the payment of the Funding Loan and each the Governmental Lender Note, the Governmental Lender has pledged and assigned to secure payment of the Funding Loan and the Governmental Lender Notes Note its right, title and interest in the Security to the Funding Lender. In connection with such pledge, assignment, transfer and conveyance, the Governmental Lender shall deliver to the Funding Lender the following documents or instruments promptly following their execution and, to the extent applicable, their recording or filing:
(a) Each The Borrower Note endorsed without recourse to the Funding Lender by the Governmental Lender;
(b) The originally executed Borrower Loan Agreement and Regulatory Agreement;
(c) The originally executed Security Instrument and all other Borrower Loan Documents existing at the time of delivery of the Borrower Notes Note and an assignment for security of the Security Instrument from the Governmental Lender to the Funding Lender, in recordable form;
(d) Uniform Commercial Code financing statements or other chattel security documents giving notice of the Funding Lender’s status as an assignee of the Governmental Lender’s security interest in any personal property forming part of the Project, in form suitable for filing; and
(e) Uniform Commercial Code financing statements giving notice of the pledge by the Governmental Lender of the Security pledged under this Funding Loan Agreement. The Governmental Lender shall deliver and deposit with the Funding Lender such additional documents, financing statements, and instruments as the Funding Lender may reasonably require from time to time for the better perfecting and assuring to the Funding Lender of its lien and security interest in and to the Security including, at the request of the Funding Lender, any amounts held under the Contingency Draw-Down Agreement, at the expense of the Borrower.from
Appears in 1 contract
Samples: Funding Loan Agreement
Delivery of Security. To provide security for the payment of the Funding Loan and each Governmental Lender NoteNotes, the Governmental Lender has pledged and assigned to secure payment of the Funding Loan and the Governmental Lender Notes its right, title and interest in the Security to the Funding LenderFiscal Agent in trust for the benefit of the Noteowner. In connection with such pledge, assignment, transfer and conveyance, the Governmental Lender shall deliver to the Funding Lender Fiscal Agent the following documents or instruments promptly following their execution and, to the extent applicable, their recording or filing:
(a) Each The Borrower Note Notes endorsed without recourse to the Funding Lender Fiscal Agent by the Governmental Lender;
(b) The originally executed Borrower Loan Agreement and Regulatory Agreement;
(c) The originally executed Security Instrument and all other Borrower Loan Documents existing at the time of delivery of the Borrower Notes Note and an assignment for security of the Security Instrument from the Governmental Lender to the Funding LenderFiscal Agent, in recordable formform and acceptable to the Funding Lender as evidenced by its acceptance thereof on the Closing Date;
(d) Uniform Commercial Code financing statements or other chattel security documents giving notice of the Funding LenderFiscal Agent’s status as an assignee of the Governmental LenderXxxxxx’s security interest in any personal property forming part of the Project, in form suitable for filingfiling and acceptable to the Funding Lender as evidenced by its acceptance thereof on the Closing Date; and
(e) Uniform Commercial Code financing statements giving notice of the pledge by the Governmental Lender of the Security pledged under this Funding Loan AgreementAgreement and acceptable to the Funding Lender as evidenced by its acceptance thereof on the Closing Date. The Governmental Lender shall deliver and deposit with the Fiscal Agent or the Funding Lender such additional documents, financing statements, and instruments as the Fiscal Agent, at the Written Direction of the Funding Lender, or the Funding Lender may reasonably require from time to time for the better perfecting and assuring to the Funding Lender of its lien and security interest in and to the Security including, at the request of the Funding Lender, any amounts held under the Contingency Draw-Down AgreementSecurity, at the expense of the Borrower.
Appears in 1 contract
Samples: Funding Loan Agreement
Delivery of Security. To provide security for the payment of the Funding Loan and each the Governmental Lender Note, the Governmental Lender has pledged and assigned to secure payment of the Funding Loan and the Governmental Lender Notes Note its right, title and interest in the Security to the Funding Lender. In connection with such pledge, assignment, transfer and conveyance, the Governmental Lender there shall deliver be delivered to the Funding Lender Lender, by or at the direction of the Borrower, the following documents or instruments promptly following their execution and, to the extent applicable, their recording or filing:
(a) Each The Borrower Note endorsed without recourse to the Funding Lender by the Governmental Lender;
(b) The originally executed Borrower Loan Agreement and Regulatory Agreement;
(c) The originally executed Security Instrument and all other Borrower Loan Documents existing at the time of delivery of the Borrower Notes Note and an assignment for security of the Security Instrument from the Governmental Lender to the Funding Lender, in recordable form;
(d) Uniform Commercial Code financing statements or other chattel security documents giving notice of the Funding Lender’s status as an assignee of the Governmental Lender’s security interest in any personal property forming part of the Project, in form suitable for filing; and
(e) Uniform Commercial Code financing statements giving notice of the pledge by the Governmental Lender of the Security pledged under this Funding Loan Agreement. The Governmental Lender There shall deliver delivered and deposit deposited with the Funding Lender such additional documents, financing statements, and instruments as the Funding Lender may reasonably require from time to time for the better perfecting and assuring to the Funding Lender of its lien and security interest in and to the Security Security, including, at the request of the Funding Lender, any amounts held under the Contingency Draw-Down Agreement, in each case at the expense of the Borrower.
Appears in 1 contract
Samples: Funding Loan Agreement
Delivery of Security. To provide security for the payment of the Funding Loan and each Governmental Lender Note, the Governmental Lender has pledged and assigned to secure payment of the Funding Loan and the Governmental Lender Notes its right, title and interest in the Security to the Funding Lender. In connection with such pledge, assignment, transfer and conveyanceconveyance of the Security pursuant to Section 7.1, the Governmental Lender shall deliver to the Funding Lender the following documents or instruments promptly following their the execution and, to the extent applicable, their recording recordation or filing:
(a) Each The Borrower Note Notes endorsed without recourse to the Funding Lender by the Governmental Lender;
(b) The originally executed Borrower Loan Agreement and Agreement, Regulatory Agreement;
(c) The originally executed Security Instrument , Deed of Trust and all the other Borrower Loan Documents existing at on the time Closing Date and the Assignment of delivery Deed of the Borrower Notes and an assignment Trust assigning for security purposes and without recourse the Deed of the Security Instrument Trust and Borrower Loan Documents from the Governmental Lender to the Funding Lender, in recordable form;
(dc) Uniform Commercial Code financing statements or other chattel security documents giving notice of the Funding Lender’s status as an assignee of the Governmental Lender’s security interest in any personal property forming a part of the Project, in form suitable for filingDevelopment; and
(ed) Uniform Commercial Code financing statements giving notice of the pledge by the Governmental Lender of the Security pledged under this Funding Loan Agreement, in forms provided by the Funding Lender. The Governmental Lender shall deliver and deposit with the Funding Lender such additional documents, financing statements, statements and instruments as the Funding Lender may reasonably require request in writing from time to time for the purpose of better perfecting and assuring to the Funding Lender of its lien and security interest in and to the Security including, at the request of in each case in forms provided by the Funding Lender, any amounts held under the Contingency Draw-Down Agreement, Lender and at the expense of the Borrower.
Appears in 1 contract
Samples: Funding Loan Agreement
Delivery of Security. To provide security for the payment of the Funding Loan and each the Governmental Lender Note, the Governmental Lender has pledged and assigned to secure payment of the Funding Loan and the Governmental Lender Notes its right, title and interest in the Security to the Funding Lender. In connection with such pledge, assignment, transfer and conveyance, the Governmental Lender shall deliver to the Funding Lender the following documents or instruments promptly following their execution and, to the extent applicable, their recording or filing:
(a) Each Borrower Note endorsed without recourse to the Funding Lender by the Governmental Lender;
(b) The originally executed Borrower Loan Agreement and Regulatory Agreement;
(c) The originally executed Security Instrument and all other Borrower Loan Documents existing at the time of delivery of the Borrower Notes and an assignment for security of the Security Instrument from the Governmental Lender to the Funding Lender, in recordable form;
(d) Uniform Commercial Code financing statements or other chattel security documents giving notice of the Funding Lender’s status as an assignee of the Governmental Lender’s security interest in any personal property forming part of the Project, in form suitable for filing; and
(e) Uniform Commercial Code financing statements giving notice of the pledge by the Governmental Lender of the Security pledged under this Funding Loan Agreement. The Governmental Lender shall deliver and deposit with the Funding Lender such additional documents, financing statements, and instruments as the Funding Lender may reasonably require from time to time for the better perfecting and assuring to the Funding Lender of its lien and security interest in and to the Security including, at the request of the Funding Lender, any amounts held under the Contingency Draw-Down Agreement, in each case at the expense of the Borrower.
Appears in 1 contract
Samples: Funding Loan Agreement
Delivery of Security. To provide security for the payment of the Funding Loan and each Governmental Lender NoteNotes, the Governmental Lender has pledged and assigned to secure payment of the Funding Loan and the Governmental Lender Notes its right, title and interest in the Security to the Funding LenderFiscal Agent in trust for the benefit of the Noteowner. In connection with such pledge, assignment, transfer and conveyance, the Governmental Lender shall deliver to the Funding Lender Fiscal Agent the following documents or instruments promptly following their execution and, to the extent applicable, their recording or filing:filing (which may be provided in electronic form unless otherwise specified):
(a) Each The Borrower Note Notes endorsed without recourse to the Funding Lender Fiscal Agent by the Governmental Lender;
(b) The originally executed Borrower Loan Agreement and Regulatory Agreement;
(c) The originally executed Security Instrument and all other Borrower Loan Documents existing at the time of delivery of the Borrower Notes Note and an assignment for security of the Security Instrument from the Governmental Lender to the Funding LenderFiscal Agent, in recordable formform and acceptable to the Funding Lender as evidenced by its acceptance thereof on the Closing Date;
(d) Uniform Commercial Code financing statements or other chattel security documents giving notice of the Funding LenderFiscal Agent’s status as an assignee of the Governmental LenderXxxxxx’s security interest in any personal property forming part of the Project, in form suitable for filingfiling and acceptable to the Funding Lender as evidenced by its acceptance thereof on the Closing Date; and
(e) Uniform Commercial Code financing statements giving notice of the pledge by the Governmental Lender of the Security pledged under this Funding Loan Agreement. The Governmental Lender shall deliver Agreement and deposit with the Funding Lender such additional documents, financing statements, and instruments as the Funding Lender may reasonably require from time to time for the better perfecting and assuring acceptable to the Funding Lender of as evidenced by its lien and security interest in and to acceptance thereof on the Security including, at the request of the Funding Lender, any amounts held under the Contingency Draw-Down Agreement, at the expense of the BorrowerClosing Date.
Appears in 1 contract
Samples: Funding Loan Agreement
Delivery of Security. To provide security for the payment of the Funding Loan and each the Governmental Lender Note, the Governmental Lender has pledged and assigned to secure payment of the Funding Loan and the Governmental Lender Notes Note its right, title and interest in the Security to the Funding Lender. In connection with such pledge, assignment, transfer and conveyance, the Governmental Lender shall deliver to the Funding Lender the following documents or instruments promptly following their execution and, to the extent applicable, their recording or filing:
(a) Each The Borrower Note endorsed without recourse to the Funding Lender by the Governmental Lender;
(b) The originally executed Borrower Loan Agreement and Regulatory Agreement;
(c) The originally executed Security Instrument and all other Borrower Loan Documents existing at the time of delivery of the Borrower Notes Note and an assignment for security of the Security Instrument from the Governmental Lender to the Funding Lender, in recordable form;
(d) Uniform Commercial Code financing statements or other chattel security documents giving notice of the Funding Lender’s status as an assignee of the Governmental Lender’s security interest in any personal property forming part of the Project, in form suitable for filing; and
(e) Uniform Commercial Code financing statements giving notice of the pledge by the Governmental Lender of the Security pledged under this Funding Loan Agreement. The Governmental Lender shall deliver and deposit with the Funding Lender such additional documents, financing statements, and instruments as the Funding Lender may reasonably require from time to time for the better perfecting and assuring to the Funding Lender of its lien and security interest in and to the Security includingSecurity, at the request of the Funding Lender, any amounts held under the Contingency Draw-Down Agreement, in each case at the expense of the Borrower.
Appears in 1 contract
Samples: Funding Loan Agreement
Delivery of Security. To provide security for the payment of the Funding Loan and each the Governmental Lender Note, the Governmental Lender has pledged and assigned to secure payment of the Funding Loan and the Governmental Lender Notes its right, title and interest in the Security to the Funding Lender. In connection with such pledge, assignment, transfer and conveyance, the Governmental Lender shall deliver to the Funding Lender the following documents or instruments promptly following their execution and, to the extent applicable, their recording or filingexecution:
(a) Each The Borrower Note endorsed without recourse to the Funding Lender by the Governmental Lender;
(b) The originally executed Borrower Loan Agreement and a copy of the Regulatory Agreement;; and
(c) The originally executed Security Instrument and all other Borrower Loan Documents existing at the time of delivery of the Borrower Notes and an assignment for security of the Security Instrument from the Governmental Lender to the Funding Lender, in recordable form;.
(d1) Uniform Commercial Code the Security Instrument, (2) any UCC financing statements or other chattel security documents giving notice of the Funding Lender’s status as an assignee of the Governmental Lender’s security interest in any personal property forming part of the Project, in 4155-5656-5797.5 form suitable for filing; and
and (e3) Uniform Commercial Code UCC financing statements giving notice of the pledge by the Governmental Lender of the Security pledged under this Funding Loan Agreement. The Governmental Lender shall deliver and deposit with the Funding Lender such additional documents, financing statements, and instruments as the Funding Lender may reasonably request and require from time to time for the better perfecting and assuring to the Funding Lender of its lien and security interest in and to the Security including, at the request of the Funding Lender, any amounts held under the Contingency Draw-Down AgreementSecurity, at the expense of the Borrower, and absent such request the Governmental Lender shall have no responsibility therefor.
Appears in 1 contract
Samples: Funding Loan Agreement
Delivery of Security. To provide security for the payment of the Funding Loan and each Governmental Lender NoteNotes, the Governmental Lender has pledged and assigned to secure secure payment of the Funding Loan and the Governmental Lender Notes its right, title and interest in the Security to the Funding LenderFiscal Agent in trust for the benefit of the Noteowner. In connection with such pledge, assignment, transfer and conveyance, the Governmental Lender shall deliver to the Funding Lender Fiscal Agent the following documents or instruments promptly following their execution and, to the extent applicable, their recording or filing:
(a) Each The Borrower Note Notes endorsed without recourse to the Funding Lender Fiscal Agent by the Governmental Lender;
(b) The originally executed Borrower Loan Agreement and Regulatory Agreement;
(c) The originally executed Security Instrument and all other Borrower Loan Documents existing at the time of delivery of the Borrower Notes Note and an assignment for security of the Security Instrument from the Governmental Lender to the Funding LenderFiscal Agent, in recordable formform and acceptable to the Funding Lender as evidenced by its acceptance thereof on the Closing Date;
(d) Uniform Commercial Code financing statements or other chattel security documents giving notice of the Funding LenderFiscal Agent’s status as an assignee of the Governmental LenderXxxxxx’s security interest in any personal property forming part of the Project, in form suitable for filingfiling and acceptable to the Funding Lender as evidenced by its acceptance thereof on the Closing Date; and
(e) Uniform Commercial Code financing statements giving notice of the pledge by the Governmental Lender of the Security pledged under this Funding Loan Agreement. The Governmental Lender shall deliver Agreement and deposit with the Funding Lender such additional documents, financing statements, and instruments as the Funding Lender may reasonably require from time to time for the better perfecting and assuring acceptable to the Funding Lender of as evidenced by its lien and security interest in and to acceptance thereof on the Security including, at the request of the Funding Lender, any amounts held under the Contingency Draw-Down Agreement, at the expense of the BorrowerClosing Date.
Appears in 1 contract
Samples: Funding Loan Agreement