Validity of Loan Documents. The Loan Documents are in all respects legal, valid and binding in accordance with their terms and grant to the City a direct, valid and enforceable first lien on and security interest in and to the Property.
Appears in 28 contracts
Samples: Loan Agreement, Home Construction/Permanent Loan Agreement, Agreement
Validity of Loan Documents. The Loan Documents are in all respects legal, valid and binding in accordance with their terms and grant to the City a direct, valid and enforceable first third lien on and security interest in and to the Property.
Appears in 9 contracts
Samples: Forgivable Loan Agreement, Forgivable Loan Agreement, Forgivable Loan Agreement
Validity of Loan Documents. The Loan Documents are in all respects legal, valid and binding in accordance with their terms and grant to the City a direct, valid and enforceable first second lien on and security interest in and to the Property.
Appears in 5 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement
Validity of Loan Documents. The Loan Documents are in all respects legal, valid and binding in accordance with their terms and grant to the City a direct, valid and enforceable first fourth lien on and security interest in and to the Property.
Appears in 2 contracts
Samples: Forgivable Loan Agreement, Forgivable Loan Agreement
Validity of Loan Documents. The That the Loan Documents are in all respects legal, valid and binding in accordance with according to their terms and grant to the City Lender a direct, valid and enforceable first lien on and security interest in the Property and the personalty located thereon subject only to bankruptcy, insolvency and other similar laws affecting the Propertyrights of creditors.
Appears in 2 contracts
Samples: Revolving Loan Agreement (Levitt Corp), Construction Loan Agreement (Newmark Homes Corp)
Validity of Loan Documents. The That the Loan Documents are in all respects legal, valid and binding in accordance with their terms and grant to the City Lender a direct, valid and enforceable first lien on and security interest title in and to the PropertyProperty and the personality located thereon.
Appears in 2 contracts
Samples: Construction and Land Acquisition Loan Agreement (Across America Real Estate Development Corp), Construction and Land Acquisition Loan Agreement (Across America Real Estate Development Corp)
Validity of Loan Documents. The Loan Documents are in all respects legal, valid valid, and binding in accordance with their terms and grant to the City a direct, valid and enforceable first lien on and security interest in and to the Propertyterms.
Appears in 1 contract
Samples: Loan and Security Agreement (Dorman Products, Inc.)
