Common use of XXXXXX XXX REQUIREMENTS Clause in Contracts

XXXXXX XXX REQUIREMENTS. Borrower agrees to execute such additional documents (which documents shall be considered “Loan Documents”) as Bondowner Representative may reasonably request to facilitate the sale of the Bonds at any time to, or a credit enhancement facility with, Xxxxxx Mae or another purchaser of loans or credit enhancement provider in the secondary market which generally follows Xxxxxx Xxx standards. If, prior to the Conversion Date, there are any modifications in or additions to any of the requirements imposed or standards used by Xxxxxx Mae in connection with loans purchased by it or by others purchasing loans on the secondary market, or in connection with credit enhancement facilities provided by it or other credit enhancement providers on the secondary market, and generally following Xxxxxx Xxx standards, then effective as of the Conversion Date, at Bondowner Representative’s request, Borrower shall execute amendments to the Loan Documents, or shall execute additional Loan Documents, to conform with such modifications or additions. Despite anything in the foregoing to the contrary, none of the amendments or additional documents requested hereunder shall materially change the terms of the Loan Documents or increase the financial obligations of Borrower or Issuer.

XXXXXX XXX REQUIREMENTS. Borrower agrees to execute such additional documents (which documents shall be considered “Loan Documents”) as Bondowner Representative may reasonably request to facilitate the sale of the Bonds at any time to, or a credit enhancement facility with, Xxxxxx Mae or another purchaser of loans or credit enhancement provider in the secondary market which generally follows Xxxxxx Xxx standards. If, prior to the Conversion Date, there are any modifications in or additions to any of the requirements imposed or standards used by Xxxxxx Mae in connection with loans purchased by it or by others purchasing loans on the secondary market, or in connection with credit enhancement facilities provided by it or other credit enhancement providers on the secondary market, and generally following Xxxxxx Xxx standards, then effective as of the Conversion Date, at Bondowner Representative’s request, Borrower shall execute amendments to the Loan Documents, or shall execute additional Loan Documents, to conform with such modifications or additions. Despite anything in the foregoing to the contrary, none of the amendments or additional documents requested hereunder shall materially change the terms of the Loan Documents or increase the financial obligations of Borrower or IssuerBorrower.

XXXXXX XXX REQUIREMENTS. Borrower Xxxxxxxx agrees to execute such additional documents (which documents shall be considered “Loan Documents”) as Bondowner Representative may reasonably request to facilitate the sale of the Bonds at any time to, or a credit enhancement facility with, Xxxxxx Mae Xxx or another purchaser of loans or credit enhancement provider in the secondary market which generally follows Xxxxxx Xxx standards. If, prior to the Conversion Date, there are any modifications in or additions to any of the requirements imposed or standards used by Xxxxxx Mae Xxx in connection with loans purchased by it or by others purchasing loans on the secondary market, or in connection with credit enhancement facilities provided by it or other credit enhancement providers on the secondary market, and generally following Xxxxxx Xxx standards, then effective as of the Conversion Date, at Bondowner Representative’s request, Borrower shall execute amendments to the Loan Documents, or shall execute additional Loan Documents, to conform with such modifications or additions. Despite anything in the foregoing to the contrary, none of the amendments or additional documents requested hereunder shall materially change the terms of the Loan Documents or increase the financial obligations of Borrower or Issuer.

XXXXXX XXX REQUIREMENTS. Borrower agrees to execute such additional documents (which documents shall be considered “Loan Documents”") as Bondowner Representative may reasonably request to facilitate the sale of the Bonds Loan at any time to, or the provision of a credit enhancement facility withwith respect to the Bond by, Xxxxxx Mae or another purchaser or credit enhancer of loans or credit enhancement provider in the secondary market which generally follows Xxxxxx Xxx standards. If, prior to the Conversion Date, If there are any modifications in or additions to any of the requirements imposed or standards used by Xxxxxx Mae in connection with loans purchased by it or by others purchasing loans on the secondary market, market or in connection with credit enhancement facilities provided by it or other credit enhancement providers on the secondary market, and generally following Xxxxxx Xxx standards, then effective as of the Conversion Datethen, at Bondowner Representative’s request, Borrower shall execute amendments to the Loan Documents, or shall execute additional Loan Documents, to conform with such modifications or additions. Despite anything in the foregoing to the contrary, none of the amendments or additional documents requested hereunder shall materially change the terms of the Loan Documents or increase the financial obligations of Borrower or IssuerBorrower.