Common use of Verification of HOA Payments Clause in Contracts

Verification of HOA Payments. Borrower shall deliver to Lender, within twenty-eight (28) days after the end of each calendar quarter, with respect to each Applicable HOA Property, proof of payment of the paid HOA Fees identified in the corresponding Quarterly HOA Report (whether in the form of cancelled checks, receipts, ACH confirmations, confirmation of electronic payments or other evidence of such payment reasonably satisfactory to Lender) unless such proof of payment has previously been delivered (e.g. quarterly prepayments) as may reflect that as of the end of such calendar quarter no other amounts (except HOA Fees that may be contested in accordance with Section 4.

Appears in 6 contracts

Samples: Loan Agreement (Invitation Homes Inc.), Loan Agreement (Invitation Homes Inc.), Loan Agreement (Invitation Homes Inc.)

AutoNDA by SimpleDocs

Verification of HOA Payments. Borrower shall deliver to Lender, within twenty-eight sixty (2860) days after the end of the first three calendar quarters and within ninety (90) days of the fourth calendar quarter of each calendar quarteryear, with respect to each Applicable HOA Property, proof of payment of the paid HOA Fees identified in the corresponding Quarterly HOA Report (whether in the form of cancelled checks, receipts, ACH confirmations, confirmation of electronic payments or other evidence of such payment reasonably satisfactory to Lender) unless such proof of payment has previously been delivered (e.g. quarterly prepayments) as may reflect that as of the end of such calendar quarter no other amounts (except HOA Fees that may be contested in accordance with Section 4.

Appears in 5 contracts

Samples: Loan Agreement (Invitation Homes Inc.), Loan Agreement (Invitation Homes Inc.), Loan Agreement (Invitation Homes Inc.)

Verification of HOA Payments. Borrower shall deliver to Lender, within twenty-eight days (28) days after the end of each calendar quartermonth, with respect to each Property located in an Applicable HOA PropertyState and subject to an HOA, proof of payment of the paid HOA Fees identified in the corresponding Quarterly Monthly HOA Report (whether in the form of cancelled checks, receipts, ACH confirmations, confirmation of electronic payments or other evidence of such payment reasonably satisfactory to Lender) unless such proof of payment has previously been delivered (e.g. quarterly prepayments) as may reflect and evidence that as of the end of such calendar quarter month no other amounts (except HOA Fees that may be contested in accordance with Section 4.

Appears in 2 contracts

Samples: Loan Agreement (Invitation Homes Inc.), Loan Agreement (Invitation Homes Inc.)

AutoNDA by SimpleDocs

Verification of HOA Payments. Borrower shall deliver to Lender, within twenty-eight sixty (2860) days after the end of each calendar quarterquarter of each year, with respect to each Applicable HOA Property, proof of payment of the paid HOA Fees identified in the corresponding Quarterly HOA Report (whether in the form of cancelled checks, receipts, ACH confirmations, confirmation of electronic payments or other evidence of such payment reasonably satisfactory to Lender) unless such proof of payment has previously been delivered (e.g. quarterly prepayments) as may reflect that as of the end of such calendar quarter no other amounts (except HOA Fees that may be contested in accordance with Section 4.

Appears in 1 contract

Samples: Loan Agreement (Invitation Homes Inc.)

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