Common use of Required Deliveries Clause in Contracts

Required Deliveries. This Amendment shall become effective on the date (the "Amendment Effective Date") on which the following conditions have been satisfied: (a) This Amendment has been duly executed by Borrower and delivered to Lender; (b) Payment of the $32,500 to Lender as a loan fee for this Amendment (the "Loan Fee"); (c) An additional endorsement to Chicago Title Insurance Company Loan Policy No. 34 902 107 WS9905211 (the "Existing Title Policy") which (i) amendx xxx xxscription of the Deed of Trust insured under the Existing Title Policy to include this Amendment, (ii) amends the description of the Assignment of Rents to include this Amendment, (iii) extends the effective date of the Existing Title Policy to the date of the recording of this Amendment, (iv) includes no additional exceptions to title other than those that have been approved in writing by Lender and (v) states that all real estate taxes and assessments applicable to the Land which are due and payable as of the date of such endorsement have been paid in full; (d) A certified copy of Resolutions of Borrower and the general partner of Borrower evidencing the authority of Borrower and said general partner to execute and deliver this Amendment and the Acquisition Note has been delivered to Lender; and (e) Lender has received such other documents as Lender may reasonably require.

Required Deliveries. This Amendment shall become effective on the date (the "Amendment Effective Date") on which the following conditions have been satisfied: (a) This Amendment has been duly executed by Borrower and delivered to Lender; (b) Payment of the $32,500 31,000 to Lender as a loan fee for this Amendment (the "Loan Fee"); (c) An additional endorsement to Chicago Title Insurance Company Loan Policy No. 34 902 107 WS9905211 (the "Existing Title Policy") which (i) amendx xxx xxscription amends the xxxxxxxxion of the Deed of Trust insured under the Existing Title Policy to include this Amendment, (ii) amends the description of the Assignment of Rents to include this Amendment, (iii) extends the effective date of the Existing Title Policy to the date of the recording of this Amendment, (iv) includes no additional exceptions to title other than those that have been approved in writing by Lender and (v) states that all real estate taxes and assessments applicable to the Land which are due and payable as of the date of such endorsement have been paid in full; (d) A certified copy of Resolutions of Borrower and the general partner of Borrower evidencing the authority of Borrower and said general partner to execute and deliver this Amendment and the Acquisition Note has been delivered to Lender; and (ed) Lender has received such other documents as Lender may reasonably require.

Required Deliveries. This Amendment shall become effective on the date (the "Amendment Effective Date") on which the following conditions have been satisfied: (a) This Amendment has been duly executed by Borrower and delivered to Lender; (b) Payment of the $32,500 22,500 to Lender as a loan fee for this Amendment (the "Loan Fee"); (c) An additional endorsement to Chicago Title Insurance Company Loan Policy No. 34 902 107 WS9905211 (the "Existing Title Policy") which (i) amendx xxx xxscription amends the dxxxxxxxxxn of the Deed of Trust insured under the Existing Title Policy to include this Amendment, (ii) amends the description of the Assignment of Rents to include this Amendment, (iii) extends the effective date of the Existing Title Policy to the date of the recording of this Amendment, (iv) includes no additional exceptions to title other than those that have been approved in writing by Lender and (v) states that all real estate taxes and assessments applicable to the Land which are due and payable as of the date of such endorsement have been paid in full; (d) A certified copy of Resolutions of Borrower and the general partner of Borrower evidencing the authority of Borrower and said general partner to execute and deliver this Amendment and the Acquisition Note has been delivered to Lender; and (ed) Lender has received such other documents as Lender may reasonably require.

Required Deliveries. This Amendment shall become effective on the date (the "Amendment Effective Date") on which all of the following conditions have been satisfied: (a) This Amendment has been duly executed by Borrower and delivered to Lender; (b) Payment Lender receives payment of the an extension fee equal to $32,500 to Lender as a loan fee for this Amendment (the "Loan Fee")5,445; (c) An Lender receives an additional endorsement to Chicago First American Title Insurance Company Loan Policy No. 34 902 107 WS9905211 N9901868 issued by Near North National Title Corporation (the "Existing Title Policy") which (i) amendx xxx xxscription amends the description of the Deed of Trust Mortgage insured under the Existing Title Policy to include this Amendment, (ii) amends the description of the Assignment of Rents to include this Amendment, (iii) extends the effective date of the Existing Title Policy to the date of the recording of this Amendment, (iv) includes no additional exceptions to title other than those that have been approved in writing by Lender Lender, and (v) states that all real estate taxes and assessments applicable to the Land Property which are due and payable as of the date of such endorsement have been paid in full; (d) A certified copy of Resolutions of Borrower and the general partner of Borrower evidencing the authority of Borrower and said general partner to execute and deliver this Amendment and the Acquisition Note has been delivered to Lender; and (ed) Lender has received such other documents as Lender may reasonably require.