Van Loan Documents Sample Clauses

Van Loan Documents. Attached hereto as Exhibit V is a list of all agreements and other documents, including all amendments and modifications, evidencing or relating to the financing of the Project's vans (the "Van Financing Documents"). Seller has heretofore delivered to Buyer true, correct and complete copies of the Van Financing Documents. Seller has not received any notification that Seller is in default of its obligations under the Van Financing Documents, and to Seller's knowledge, Seller is not in default of its obligations thereunder; and there are no disputes or claims against Seller outstanding in connection with the Van Financing Documents. There is currently outstanding $ owed by Seller under the Van Financing Documents. PURCHASER ACKNOWLEDGES THAT, IF IT DOES NOT ELECT TO TERMINATE THIS AGREEMENT PURSUANT TO SECTION 6(4) BELOW, PURCHASER SHALL BE DEEMED SATISFIED WITH ITS INVESTIGATION OF THE PROJECT SUBJECT TO THE REPRESENTATIONS AND WARRANTIES SET FORTH HEREIN. EXCEPT AS SET FORTH HEREIN, THE PROJECT IS BEING SOLD "AS IS" AND SELLER MAKES NO REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, INCLUDING ANY IMPLIED REPRESENTATION OR WARRANTY AS TO THE CONDITION, MERCHANTABILITY, SUITABILITY OR FITNESS FOR A PARTICULAR PURPOSE OF THE PROJECT, OR ANY OTHER MATTER; AND IT IS UNDERSTOOD THAT, EXCEPT FOR THE EXPRESS REPRESENTATIONS AND WARRANTIES OF SELLER CONTAINED IN THIS AGREEMENT, PURCHASER TAKES THE PROJECT ON AN "AS IS" AND "WHERE IS" BASIS. If Purchaser discovers during the Inspection Period that any of Seller's representations and warranties herein are not true and Purchaser nonetheless elects to waive its right to terminate this Agreement pursuant to Section 6(4) below, Purchaser shall be deemed to have waived any claim for the breach of such representation and warranty. If Purchaser discovers after the Inspection Period and prior to the Closing that any of Seller's representations and warranties herein are not true and Purchaser desires to terminate this Agreement as a result thereof, Purchaser shall give Seller notice of the breach of such representation and warranty, and Seller shall have a maximum of ten (10) business days to cure such breach. If the cost to cure such default does not exceed $100,000 but Seller is unable to cure such default within such ten (10) business day period after using best efforts to do so, Seller may deposit 150% of the cost to cure such default in a joint order escrow with the Title Company in which case Purchaser shall be obligate...
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Related to Van 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.

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

  • 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.

  • 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.

  • Credit Documents Administrative Agent shall have received sufficient copies of each Credit Document originally executed and delivered by each applicable Credit Party for each Lender.

  • Credit Agreement and Loan Documents The Administrative Agent (or its counsel) shall have received (i) from each party hereto either (A) a counterpart of this Agreement signed on behalf of such party or (B) written evidence satisfactory to the Administrative Agent (which may include fax or other electronic transmission of a signed signature page of this Agreement) that such party has signed a counterpart of this Agreement, (ii) duly executed copies of the Loan Documents and such other certificates, documents, instruments and agreements as the Administrative Agent shall reasonably request in connection with the transactions contemplated by this Agreement and the other Loan Documents, including any promissory notes requested by a Lender pursuant to Section 2.10 payable to the order of each such requesting Lender, and (iii) written opinions of the counsel to the Loan Parties, addressed to the Administrative Agent, the Issuing Bank and the Lenders and including the opinions set forth in Exhibit C.

  • 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.

  • 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.

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