Common use of Statements by Borrower Clause in Contracts

Statements by Borrower. Borrower shall within ten (10) days after Agent’s request, furnish Agent with a written statement, duly acknowledged, setting forth the sums, according to Borrower’s books and records, secured by the Loan Documents and any right of set-off, counterclaim or other defense which, to Borrower’s then knowledge, exists against such sums and the Obligations.

Appears in 7 contracts

Samples: Leasehold Deed of Trust (Grubb & Ellis Healthcare REIT II, Inc.), Leasehold Mortgage (Grubb & Ellis Healthcare REIT II, Inc.), Leasehold Deed of Trust (Grubb & Ellis Healthcare REIT II, Inc.)

AutoNDA by SimpleDocs

Statements by Borrower. Borrower shall within ten (10) days after Agent’s 's request, furnish Agent with a written statement, duly acknowledged, setting forth the sums, according to Borrower’s 's books and records, secured by the Loan Documents and any right of set-off, counterclaim or other defense which, to Borrower’s then knowledge, which exists against such sums and the Obligations.

Appears in 2 contracts

Samples: Deed of Trust (Ensign Group, Inc), Deed of Trust (Alterra Healthcare Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!