Refinance. The Lender shall have the option to obtain any refinance facility or loan from any Person, against the security of this Loan.
Refinance. In respect of any security or Indebtedness, means to refinance, extend, renew or re-fund, or to issue a security or Indebtedness in exchange or replacement for, such security or Indebtedness in whole or in part. Refinanced and Refinancing shall have correlative meanings.
Refinance. Xxxxxxxx agrees that the entire outstanding amount of the Loan, including all accrued and unpaid interest, if any, will be due and payable if Borrower refinances the Loan. If the Borrower refinances any other mortgage loan or obtains an equity line of credit secured by the Property: (a) the Lender will not subordinate the Mortgage to any such refinanced or equity mortgages, and (b) the Lender may declare the entire outstanding amount of the Loan, including all accrued and unpaid interest, if any, immediately due and payable.
Refinance. For purposes of this Agreement, “Refinance” means any voluntary or involuntary refinancing, encumbrance, or other hypothecation of the Property, including, without limitation, any encumbrance of the Property by a mortgage or deed of trust that is recorded after this Agreement. Any Refinance of the Property will be subject to the conditions set forth in this Agreement.
Refinance. The City shall permit a prepayment and refinance of the First Lender Loan and shall agree to subordinate this Agreement and the City Deed of Trust to the refinanced First Lender Loan provided that:
(1) following such refinance, the principal amount of all debt secured by the Property does not exceed the Permitted Encumbrance Amount;
(2) the refinanced First Lender Loan is a fully amortized fixed rate loan, is fully documented, and requires no balloon payments;
(3) if the remaining balance of the original First Lender Loan exceeds ninety percent (90%) of the Maximum Restricted Resale Price, then the refinanced First Lender Loan reduces the Owner's principal and interest payments; and
(4) the total new housing cost to the Owner after the refinance does not exceed the Owner's ability to pay.
Refinance. The "Amount Refinanced" is included in the amount financed under this Agreement. If the Amount Refinanced is under an agreemntewith a third party, you acknowledge you have the right to terminate the agreement and you will provide Xeroxwitha statement from the third party idetnifying the equipment at issue, the amount to be paid off and the payee's name and mailing address. If the Amount Refinanced is under an agreement with Xerox, the refinancing will renrdyeour prior agreement null and void. If you breach any of your obligations under this Agreement, the full Amount Refinanced will be immediately due and payable.
1. W7845PT - Refinance of Xerox Agreement $3,269.00 10.5% $946.60
Refinance. The "Amount Refinanced" is included in the amount financed under this Agreement. If the Amount Refinanced is under an agreement with a third party, you acknowledge you have the right to terminate the agreement and you will provide Xerox with a statement from the third party identifying the equipment at issue, the amount to be paid off and the payee's name and mailing address. If the Amount Refinanced is under an agreement with Xerox, the refinancing will render your prior agreement null and void. If you breach any of your obligations under this Agreement, the full Amount Refinanced will be immediately due and payable. GENERAL TERMS & CONDITIONS:
Refinance. Agent shall have received and completed a review of such due diligence and documentation as the Agent may require with respect to the Refinance. All conditions precedent to completion of the Refinance shall have been satisfied, as determined by the Agent, and all documentation necessary to complete the Refinance shall have been approved by the Agent and have been executed, or will be executed simultaneous with the funding of the T-Two Loan.
Refinance. An Owner may refinance a First Mortgage that encumbers a Unit with the consent of the Housing Authority; provided, however, that the original principal amount of any refinanced indebtedness secured by a First Mortgage shall not exceed an amount equal to ninety- percent (90%) of the then current MSP limit.
Refinance. Bank shall have received, a copy of a term sheet, in form and substance reasonably satisfactory to Bank executed by Xxxxxxxxx and a new lender reasonably acceptable to Bank, providing for the refinancing in full of the Obligations owed by Borrowers to Bank under the Loan Agreement.
