Common use of Impositions, Assessments, and Charges Clause in Contracts

Impositions, Assessments, and Charges. Borrower shall have provided the Lender with evidence that all Impositions and water, sewer, and other charges assessed against the Unit which are then due and payable have been paid in the amount required unless the Lender is able to verify such information from other sources of information reasonably available to the Lender.

Appears in 2 contracts

Samples: Master Revolving Line of Credit Loan Agreement (Crescent Operating Inc), Master Revolving Line of Credit Loan Agreement (Crescent Operating Inc)

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Impositions, Assessments, and Charges. If requested by Lender, Borrower shall have provided the Lender with evidence that all Impositions and all water, sewer, and other charges assessed against the Unit which are then due and payable have been paid in the amount required unless the Lender is able to verify such information from other sources of information reasonably available to the Lenderrequired.

Appears in 2 contracts

Samples: Borrowing Base Revolving Line of Credit Agreement (William Lyon Homes), Borrowing Base Revolving Line of Credit Agreement (William Lyon Homes)

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