Examples of Amended and Restated Loan Documents in a sentence
Failure by Borrower to duly perform, comply with, or observe any of the material conditions, terms, or covenants of this Agreement or any of the Amended and Restated Loan Documents.
The County Board shall have the right to mandamus or other suit, action or proceeding at law or in equity to require Borrower to perform its obligations and covenants under this Agreement, including the various Amended and Restated Loan Documents, or to enjoin acts on things which may be unlawful or in violation of the provisions of this Agreement or the Amended and Restated Loan Documents.
The County Board shall have the right to pursue any other remedy provided in any of the other Amended and Restated Loan Documents or allowed by law or equity.
Borrower has (i) not entered into this Agreement or any Amended and Restated Loan Document with the actual intent to hinder, delay, or defraud any creditor; and (ii) received reasonably equivalent value in exchange for its obligations under the Amended and Restated Loan Documents.
Borrower has taken all necessary action to authorize the execution, delivery and performance of this Agreement and the other Amended and Restated Loan Documents by it, and has the power and authority to execute, deliver and perform under this Agreement, the other Amended and Restated Loan Documents and all the transactions contemplated hereby and thereby.
In addition, any monthly interest and/or principal payment or any other amount due hereunder or under the Note or the other Amended and Restated Loan Documents (including the final payment of principal) not timely made within fifteen (15) days of its Payment Date, the amount unpaid, including any late charges, shall bear interest at the Default Rate, compounded monthly from such Payment Date to the date of payment thereof, and Borrower shall pay such interest to Lender on demand.
All such costs or expenses incurred or advances or payments made by Lender shall also include court costs, reasonable legal fees and disbursements relating thereto and shall be included as additional Obligations evidenced by the Note and secured by the Pledge Agreement and the other Amended and Restated Loan Documents and, if not paid within thirty (30) days after payment is requested by Lender, shall bear interest at the Default Rate from the date due until paid.
Failure to make an Annual Payment or provide a Residual Receipts Certificate when due, pursuant to this Agreement and the Amended and Restated Loan Documents, provided that, in case of a failure to make an Annual Payment on the Consolidated CDBG/AHIF Loan or provide a Residual Receipts Certificate, an Event of Default shall not exists if cured within ten (10) calendar days.
The captions and headings of various Articles, Sections and subsections of this Agreement and the other Amended and Restated Loan Documents and the Exhibits and Schedules pertaining thereto are for convenience only and are not to be considered as defining or limiting in any way the scope or intent of the provisions hereof or thereof.
Failure to pay all outstanding principal and accrued interest on the Consolidated CDBG/AHIF Loan, together with any other sums evidenced by the Amended and Restated Promissory Note or secured by the Amended and Restated Deed of Trust and/or any other Amended and Restated Loan Documents, when immediately due and payable in full pursuant to this Agreement and the Amended and Restated Loan Documents.