PERFORMANCE UNDER DEVELOPMENT AGREEMENTS. To the best of the Borrower’s knowledge, all of the obligations of the owner of the Real Property due under the Development Agreements have been fully, timely and completely performed and such performance has been accepted by the related governmental agency or utility company, and no Governmental Authority has alleged that any default exists under any of the Development Agreements.
Appears in 5 contracts
Samples: Deed of Trust, Security Agreement and Fixture Filing, Future Advance Mortgage (Oxford Residential Properties I LTD Partnership), Deed of Trust, Security Agreement and Fixture Filing (United Investors Income Properties)
PERFORMANCE UNDER DEVELOPMENT AGREEMENTS. To the best of the Borrower’s knowledge, all of the obligations of the owner of the Real Property due under the Development Agreements have been fully, timely and completely performed to the extent required thereunder and such performance has been accepted by the related governmental agency or utility company, and Borrower has received no notice by any Governmental Authority has alleged that any default exists under any of the Development Agreements.
Appears in 2 contracts
Samples: Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing (Sanfilippo John B & Son Inc), Mortgage, Security Agreement, Assignment of Leases and Rents, and Fixture Filing (Sanfilippo John B & Son Inc)
PERFORMANCE UNDER DEVELOPMENT AGREEMENTS. To the best of the Borrower’s knowledge, all of the obligations of the owner of the Real Property due under the Development Agreements have been fully, timely and completely performed and such performance has been accepted by the related governmental agency or utility company, and no Governmental Authority has alleged that any default exists under any of the Development Agreements.
Appears in 1 contract
Samples: Deed of Trust, Security Agreement and Fixture Filing (AmREIT, Inc.)