Without limitation. the Issuer shall furnish to Xxxxxx Mae, in the manner prescribed by Xxxxxx Xxx, the following reports or other information: (a) Reports such as shall be required in accordance with applicable instructions and directions issued by Xxxxxx Mae with respect to any or all of the Mortgages, whether or not still subject hereto, or with respect to any or all of the mortgagors or their successors in interest; (b) Copies of the annual audited financial statements of the Issuer, and other financial reports as may be requested by Xxxxxx Xxx. Such audited financial statements are to be received by Xxxxxx Mae no later than 90 days after the end of the Issuer’s fiscal year; and (c) Notice in advance of: (1) any contemplated changes affecting the business status of the Issuer, including, but not limited to any merger, consolidation, sale or other transfer of any part or all of its business, change in name, or sanctions by any government regulator or government sponsored enterprise; (2) any change in ownership or control of the Issuer; and (3) any voluntary or involuntary action or proceeding under the Federal bankruptcy statutes or any comparable Federal or State law, whether for purposes of bankruptcy, reorganization, winding up the affairs of the Issuer, or otherwise, or for appointment of a receiver, liquidator, trustee, or other such assignee of transferee, for any of such purposes.
Appears in 6 contracts
Samples: Guaranty Agreement, Guaranty Agreement, Guaranty Agreement
Without limitation. the Issuer shall furnish to Xxxxxx Mae, in the manner prescribed by Xxxxxx Xxx, the following reports or other information:
(a) Reports such as shall be required in accordance with applicable instructions and directions issued by Xxxxxx Mae with respect to any or all of the MortgagesMortgage, whether or not still subject hereto, or with respect to any or all of the mortgagors or their successors in interest;
(b) Copies of the annual audited financial statements of the Issuer, and other financial reports as may be requested by Xxxxxx Xxx. Such audited financial statements are to be received by Xxxxxx Mae no later than 90 days after the end of the Issuer’s fiscal year; and
(c) Notice in advance of: (1) any contemplated changes affecting the business status of the Issuer, including, but not limited to any merger, consolidation, sale or other transfer of any part or all of its business, change in name, or sanctions by any government regulator or government sponsored enterprise; (2) any change in ownership or control of the Issuer; and (3) any voluntary or involuntary action or proceeding under the Federal bankruptcy statutes or any comparable Federal or State law, whether for purposes of bankruptcy, reorganization, winding up the affairs of the Issuer, or otherwise, or for appointment of a receiver, liquidator, trustee, or other such assignee of transferee, for any of such purposes.
Appears in 1 contract
Samples: Guaranty Agreement
Without limitation. the Issuer shall furnish to Xxxxxx MaeXxx, in the manner prescribed by Xxxxxx XxxMae, the following reports or other information:
(a) Reports such as shall be required in accordance with applicable instructions and directions issued by Xxxxxx Mae Xxx with respect to any or all of the MortgagesMortgages and the related Participations and Other Interests, whether or not still subject hereto, or with respect to any or all of the mortgagors or their successors in interest;
(b) Copies of the annual audited financial statements of the Issuer, and other financial reports as may be requested by Xxxxxx XxxMae. Such audited financial statements are to be received by Xxxxxx Mae Xxx no later than 90 days after the end of the Issuer’s fiscal year; and
(c) Notice in advance of: (1) any contemplated changes affecting the business status of the Issuer, including, but not limited to any merger, consolidation, sale or other transfer of any part or all of its business, change in name, or sanctions by any government regulator or government sponsored enterprise; (2) any change in ownership or control of the Issuer; and (3) any voluntary or involuntary action or proceeding under the Federal bankruptcy statutes or any comparable Federal or State law, whether for purposes of bankruptcy, reorganization, winding up the affairs of the Issuer, or otherwise, or for appointment of a receiver, liquidator, trustee, or other such assignee of transferee, for any of such purposes.
Appears in 1 contract
Samples: Guaranty Agreement
Without limitation. the Issuer shall furnish to Xxxxxx MaeXxx, in the manner prescribed by Xxxxxx Xxx, the following reports or other information:
(a) Reports such as shall be required in accordance with applicable instructions and directions issued by Xxxxxx Mae Xxx with respect to any or all of the Mortgages, whether or not still subject hereto, or with respect to any or all of the mortgagors or their successors in interest;
(b) Copies of the annual audited financial statements of the Issuer, and other financial reports as may be requested by Xxxxxx Xxx. Such audited financial statements are to be received by Xxxxxx Mae Xxx no later than 90 days after the end of the Issuer’s fiscal year; and
(c) Notice in advance of: (1) any contemplated changes affecting the business status of the Issuer, including, but not limited to any merger, consolidation, sale or other transfer of any part or all of its business, change in name, or sanctions by any government regulator or government sponsored enterprise; (2) any change in ownership or control of the Issuer; and (3) any voluntary or involuntary action or proceeding under the Federal bankruptcy statutes or any comparable Federal or State law, whether for purposes of bankruptcy, reorganization, winding up the affairs of the Issuer, or otherwise, or for appointment of a receiver, liquidator, trustee, or other such assignee of transferee, for any of such purposes.
Appears in 1 contract
Samples: Guaranty Agreement