Supplemental Loan Documents Sample Clauses

Supplemental Loan Documents. (i) Borrower shall have executed and delivered the Supplemental Loan Note amending and restating the Spread Mortgage Note being assigned in connection with such Advance which shall be substantially in the form of the Building Loan Note with such changes as shall be reasonably required by Agent to reflect that the Supplemental Loan Note evidences the Supplemental Loan rather than the Building Loan; (ii) Borrower shall have executed and delivered the Supplemental Loan Mortgage amending and restating the Spread Mortgage being assigned in connection with such Advance which shall be substantially in the form of the Building Loan Mortgage with such reasonable changes as may be required by Agent or the Title Company to reflect that the Supplemental Loan Mortgage secures the Supplemental Loan rather than the Building Loan, together with a duly executed Section 255 Affidavit (in duplicate) with respect thereto in form and substance reasonably satisfactory to Agent; (iii) Borrower shall have executed and delivered the Supplemental Loan Assignment of Leases for the amount of the Spread Mortgage being assigned in connection with such Advance, which shall be substantially in the form of the Building Loan Assignment of Leases with such reasonable changes as may be required by Agent or the Title Company to reflect that the Supplemental Loan Assignment of Lease secures the Supplemental Loan rather than the Building Loan, together with a duly executed Section 255 Affidavit (in duplicate) with respect thereto in form and substance reasonably satisfactory to Agent; (iv) UCC-1 Financing Statements for the Supplemental Loan for filing in New York County and with the Delaware Secretary of State naming each Borrower as debtor in favor of Agent (for the ratable benefit of Lenders) as secured party, which shall be substantially in the form of the UCC-1 Financing Statements delivered by Borrower in connection with the Initial Advance of the Building Loan with such reasonable changes as may be required by Agent; (v) Unless Borrower shall have previously executed and delivered the Cash Collateral Agreement pursuant to the Project Loan Agreement, Borrower shall have executed and delivered to Agent the Cash Collateral Agreement; and (vi) Such other documents and certificates as Agent may reasonably require.
Sample 1
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Supplemental Loan Documents. Borrower agrees that it will, on or before the Agreement Effective Date, execute and deliver, or cause to be executed and delivered to the Administrative Agent the following documents in form and substance acceptable to the Administrative Agent: (a) This Agreement executed by Borrower; (b) The Tranche A Notes, the Tranche B-1 Notes, the Tranche B-2 Notes and the Tranche C Note, executed by Borrower and dated as of the Agreement Effective Date; (c) An amendment to the Mortgage and all other Loan Documents (excluding this Agreement and the Payment Guaranty) in recordable form executed by Borrower and dated as of the Agreement Effective Date, which shall include a consent and reaffirmation of the Completion Guaranty and Indemnity by the Guarantors and shall be delivered and recorded by the Escrow Agent on the Agreement Effective Date (the “Amendment to Loan Documents”); and (d) An Amended and Restated Payment Guaranty dated as of the Agreement Effective Date, executed by the Guarantors (the “Payment Guaranty”).
Sample 1

Related to Supplemental Loan Documents

  • Senior Loan Documents The executed Senior Loan Documents are the same forms as approved by HUD prior to the date of this Agreement. Upon execution and delivery of the Senior Loan Documents, Borrower shall deliver to Subordinate Lender an executed copy of each of the Senior Loan Documents, certified to be true, correct and complete.

  • Credit Agreement; Loan Documents This Agreement or counterparts hereof shall have been duly executed by, and delivered to, Borrowers, each other Credit Party, Agent and Lenders; and Agent shall have received such documents, instruments, agreements and legal opinions as Agent shall reasonably request in connection with the transactions contemplated by this Agreement and the other Loan Documents, including all those listed in the Closing Checklist attached hereto as Annex D, each in form and substance reasonably satisfactory to Agent.

  • Perform Loan Documents Borrower shall observe, perform and satisfy all the terms, provisions, covenants and conditions of, and shall pay when due all costs, fees and expenses to the extent required under the Loan Documents executed and delivered by, or applicable to, Borrower.

  • Execution of Credit Agreement; Loan Documents The Administrative Agent shall have received (i) counterparts of this Agreement, executed by a Responsible Officer of each Loan Party and a duly authorized officer of each Lender, (ii) for the account of each Lender requesting a Note, a Note executed by a Responsible Officer of the Borrower, (iii) counterparts of the Security Agreement and each other Collateral Document, executed by a Responsible Officer of the applicable Loan Parties and a duly authorized officer of each other Person party thereto, as applicable and (iv) counterparts of any other Loan Document, executed by a Responsible Officer of the applicable Loan Party and a duly authorized officer of each other Person party thereto.

  • Financing Documents The CAC Credit Facility Documents, the Xxxxx Fargo Warehouse Documents, the Fifth Third Warehouse Documents, the Flagstar Warehouse Documents, the BMO Warehouse Documents, the 2017-3 Securitization Documents, the 2017-2 Securitization Documents, the 2017-1 Securitization Documents, the 2016-3 Securitization Documents, the 2016-2 Securitization Documents, the 2016-1 Securitization Documents, the 2015-2 Securitization Documents and the 2015-1

  • Loan Documents, etc Each of the Loan Documents shall have been duly executed and delivered by the respective parties thereto, shall be in full force and effect and shall be in form and substance satisfactory to each of the Lenders. Each Lender shall have received a fully executed copy of each such document.

  • Modification of Loan Documents At any time or from time to time and any number of times, without notice to Guarantor and without affecting the liability of Guarantor, all of the following will apply: (a) Lender may extend the time for payment of the principal of or interest on the Indebtedness or renew the Indebtedness in whole or in part. (b) Lender may extend the time for Borrower’s performance of or compliance with any covenant or agreement contained in the Note, the Loan Agreement or any other Loan Document, whether presently existing or entered into after the date of this Guaranty, or waive such performance or compliance. (c) Lender may accelerate the Maturity Date of the Indebtedness as provided in the Note, the Loan Agreement, or any other Loan Document. (d) Lender and Borrower may modify or amend the Note, the Loan Agreement, or any other Loan Document in any respect, including an increase in the principal amount. (e) Lender may modify, exchange, surrender or otherwise deal with any security for the Indebtedness or accept additional security that is pledged or mortgaged for the Indebtedness.

  • Loan Documents The Requisite Lenders may direct the Administrative Agent to, and the Administrative Agent if so directed shall, exercise any and all of its rights under any and all of the other Loan Documents.

  • Required Loan Documents The Collateral Custodian will not dispose of any documents constituting the Required Loan Documents in any manner that is inconsistent with the performance of its obligations as the Collateral Custodian pursuant to this Agreement and will not dispose of any Collateral Portfolio except as contemplated by this Agreement.

  • Other Loan Documents Each of the conditions precedent set forth in the other Loan Documents shall have been satisfied.

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