New Financing. Not create, incur or suffer to exist any deed of trust, mortgage, lien, pledge or other encumbrance in any way affecting any portion of such Seller’s Property, other than the Permitted Exceptions, without the prior written consent of the Buyer.
New Financing. Buyer will secure a commitment for new third party financing for $33,750. or ______% of the purchase price at the prevailing interest rate and loan costs. Buyer will keep Seller and Broker fully informed of the loan application status and progress and authorizes the lender or mortgage broker to disclose all such information to Seller and Broker.
New Financing. This contract is not subject to financing.
New Financing. If any future mortgagee requires, as a good faith condition of any financing, that modifications to this Lease be obtained, and provided that such modifications (i) are reasonable, (ii) do not adversely affect Tenant's use and enjoyment of the Premises and the Common Areas or change the character of the Building from a Class A low-rise office building, (iii) do not materially alter the Approved Plan for the Premises, and (iv) do not increase the Rent and other sums required to be paid by Tenant, then Landlord may submit to Tenant a written amendment to this Lease incorporating mortgagee’s required modifications, and, if Tenant does not execute and return to Landlord such written amendment within fifteen (15) Business Days after the same has been submitted to Tenant, then Landlord shall thereafter have the right, at its sole option, to cancel this Lease. Such option shall be exercisable by Landlord giving Tenant written notice of cancellation, immediately whereupon this Lease shall be cancelled and terminate, and any money held by Landlord on Tenant’s behalf shall be returned to Tenant, and both Landlord and Tenant shall thereupon be relieved from any and all further liability or obligation under this Lease.
New Financing. Buyer will secure a commitment for new third party financing for $ or % of the purchase price at (Check one) a fixed rate not exceeding % an adjustable interest rate not exceeding % at origination (a fixed rate at the prevailing interest rate based on Buyer's creditworthiness if neither choice is selected). Buyer will keep Seller and Xxxxxx fully informed of the loan application status and progress and authorizes the lender or mortgage broker to disclose all such information to Seller and Broker.
New Financing. The Company shall have entered into definitive documentation with third parties for new senior financing on the terms reasonably satisfactory to LGE in an amount of not less than $100 million and such definitive documentation shall be reasonably satisfactory in form and substance to LGE.
New Financing. The Company will use its best efforts to obtain New Financing.
New Financing. In the event that any trust or mortgage lender providing financing in connection with the Building requires, as a condition of such financing, that modifications to this Lease be obtained, and provided that such modifications (i) are reasonable, (ii) do not adversely affect Tenant’s use of the Demised Premises as herein permitted, (iii) do not materially alter the approved Space Plan for the Demised Premises, and (iv) do not increase the rent and other sums required to be paid by Tenant hereunder, then Landlord may submit to Tenant a written amendment to this Lease incorporating such required modifications, and, in the event Tenant shall execute and return to Landlord such written amendment within seven (7) business days after the same has been submitted to Tenant.
New Financing. This Agreement is contingent upon BUYER obtaining approval of a loan, (“Loan Approval”) within ( ) days after the Effective Date (“Loan Approval Date”) for (Check one only) a or an fixed; adjustable; or fixed-adjustable rate loan, in the principal amount of Dollars ($ ), at an initial interest rate not to exceed percent ( %) and for a term of ( ) years. BUYER will make application within ( ) days after the Effective Date and shall use reasonable diligence to obtain Loan Approval. For purposes of this provision, “reasonable diligence” shall include, but not necessarily be limited to, performing the following in a timely manner: Making application for the loan, paying all application fees and appraisal fees upon request, providing all requested financial information and copies of tax returns, providing verification of deposits and employment, together with copies of pay stubs if requested, and providing such other information as may be reasonably requested by the lender. XXXXX further agrees to satisfy all terms and conditions of the Loan Approval, pay all loan-related costs and fees and close on the loan. Loan Approval which requires a condition related to the sale of other property shall not be deemed Loan Approval for purposes of this subparagraph. If BUYER has used reasonable diligence and has not obtained Loan Approval, BUYER shall be refunded all Deposits, provided BUYER, by no later than the Loan Approval Date, provides written notice to SELLER that BUYER has not obtained Loan Approval and has elected to terminate this Agreement. If BUYER has not terminated this Agreement by the Loan Approval Date as provided herein, BUYER will be deemed to have received Loan Approval and this contingency shall be waived. This Agreement shall remain subject to the satisfaction, by Closing, of those conditions of Loan Approval related to the Property, including survey and title commitment requirements. BUYER authorizes mortgage broker(s) and lender(s) to disclose to SELLER, real estate licensee(s) and closing agent(s) information regarding status of the loan application and Loan Approval. WITH REGARD TO THIS PROVISION OF THIS AGREEMENT ONLY, TIME SHALL BE OF THE ESSENCE.
New Financing. In the event any Leasehold Mortgagee requires, as a condition of providing financing, that modifications to this Lease be obtained, and provided that such modifications do not, in Lessor's reasonable judgment, unreasonably increase Lessor's obligations or reduce Lessor's rights under this Lease, then Lessee shall submit to Lessor a written amendment to this Lease incorporating such required modifications, and Lessor shall execute such amendment and deliver the same to Lessee within thirty (30) days after receipt of such amendment.
