Misleading or Unfurnished Financial Statements; Adverse Change in Financial Condition of Borrower. Any representation or warranty submitted to the City concerning the financial conditions or credit standing of the Borrower proves to be materially false or misleading, or if the Borrower shall fail to furnish any financial information requested by the City, or, in the City's opinion, there shall occur a material adverse change in the financial condition or credit standing of the Borrower.
Appears in 25 contracts
Samples: Construction Loan Agreement, Forgivable Loan Agreement, Home Construction/Permanent Loan Agreement
Misleading or Unfurnished Financial Statements; Adverse Change in Financial Condition of Borrower. Any representation or warranty submitted to the City concerning the financial conditions or credit standing of the Borrower proves to be materially false or misleading, or if the Borrower shall fail to furnish any financial information requested by the City, or, in the City's opinion, there shall occur a material adverse change in the financial condition or credit standing of the Borrower.
Appears in 15 contracts
Samples: Construction/Permanent Second Deed of Trust Loan Agreement, Construction/Permanent Second Deed of Trust Loan Agreement, Construction Loan Agreement
Misleading or Unfurnished Financial Statements; Adverse Change in Financial Condition of Borrower. Any representation or warranty submitted to the City concerning the financial conditions or credit standing of the Borrower proves to be materially false or misleading, or if the Borrower shall fail to furnish any financial information requested by the City, or, in the City's reasonable opinion, there shall occur a material adverse change in the financial condition or credit standing of the Borrower.
Appears in 2 contracts
Samples: Home Construction/Permanent Loan Agreement, Home Construction/Permanent Loan Agreement
