Borrower Regulatory Agreement definition

Borrower Regulatory Agreement means that certain Healthcare Regulatory Agreement – Borrower dated as of __ ___, relating to the Project, and made by and between Borrower and HUD.
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Borrower Regulatory Agreement means that certain Supplemental Healthcare Regulatory Agreement – Borrower relating to the Project, and made by Borrower for the benefit of HUD. [“Building Loan Agreement” means the HUD-approved form of the agreement between Borrower and Lender setting forth the terms and conditions for a HUD-insured construction loan.]
Sample 1Sample 2Sample 3
Borrower Regulatory Agreement means that certain Healthcare Regulatory Agreement – Borrower relating to the Project, and made by Borrower for the benefit of HUD.
Sample 1Sample 2Sample 3

Examples of Borrower Regulatory Agreement in a sentence

  • Any Borrower-Operator Agreement shall be subject and subordinate to this Agreement, the Borrower Security Instrument, the Master Tenant Regulatory Agreement, if any, the Operator Security Agreement, and the Borrower Regulatory Agreement.

  • Any such Management Agreement shall contain a provision that, in the event HUD issues any notice of violation or default under this Agreement, the Operator Regulatory Agreement, or the Borrower Regulatory Agreement, the Management Agreement(s) shall be subject to termination without penalty upon written request of HUD.

  • If Operator is also Borrower, references to “Borrower” herein shall refer to Operator and the Borrower Regulatory Agreement, as defined below, is incorporated herein by this reference.

  • In the event that Operator receives a written notice from HUD or Lender (i) stating that a default exists under the Borrower Regulatory Agreement, Master Tenant Regulatory Agreement, or any note or security instrument with respect to the Project that is insured or held by HUD, and (ii) directing Operator to make future payments due under any Borrower-Operator Agreement to HUD or Lender, Operator shall thereafter make all future payments under any Borrower-Operator Agreement to HUD or Lender as so directed.

  • Notwithstanding any provision in the Borrower Regulatory Agreement to the contrary, Borrower shall calculate Surplus Cash prior to taking a Distribution and shall apply 75 percent of Surplus Cash to make any required payments due on the Subordinate Note.

  • The Master Lease shall be subject and subordinate to the First Mortgage Documents, this Agreement, the Master Tenant Security Agreement, the Borrower Security Instrument, the Borrower Regulatory Agreement, and the Operator Regulatory Agreement.

  • Any Borrower-Operator Agreement shall be subject and subordinate to the First Mortgage Documents, this Agreement, the Borrower Security Instrument, the Master Tenant Regulatory Agreement, if any, the Operator Security Agreement, and the Borrower Regulatory Agreement.

  • In the event that Master Xxxxxx receives a written notice from HUD or Lender (i) stating that a default exists under the Borrower Regulatory Agreement, the Borrower Security Instrument or any note or security instrument with respect to the Project that is insured or held by HUD, and (ii) directing Master Tenant to make future payments due under the Master Lease to HUD or Lender, Master Tenant shall thereafter make all future payments under the Master Lease to HUD or Lender as so directed.

  • Any Borrower-Operator Agreement shall be subject and 130 subordinate to the First Mortgage Documents, this Agreement, the Borrower Security 131 Instrument, the Master Tenant Regulatory Agreement, if any, the Operator Security Agreement, 132 and the Borrower Regulatory Agreement.

  • Except as otherwise approved in writing by HUD, Operator shall grant to Lender and HUD a first lien security interest in all personal property of Operator used in the operation of the Healthcare Facility or the Project as additional security for the obligations of the Borrower under the Note, Borrower’s Security Instrument, and Borrower Regulatory Agreement, and the Operator’s obligations under this Agreement.


More Definitions of Borrower Regulatory Agreement

Borrower Regulatory Agreement means that certain Supplemental Healthcare Regulatory 51 Agreement – Borrower dated as of [ OR substantially even date herewith], relating to 52 the Project, and made by Xxxxxxxx for the benefit of HUD.
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Borrower Regulatory Agreement means each Regulatory Agreement entered into by and between each Borrower and HUD, with respect to each of the Facilities and any riders, amendments and supplements thereto.
Sample 1

Related to Borrower Regulatory Agreement

  • Public Procurement Regulatory Authority (PPRA) means the Government Agency responsible for oversight of public procurement.

  • Environmental and Social Commitment Plan or “ESCP” means the environmental and social commitment plan for the Project, dated May 16, 2022, as the same may be amended from time to time in accordance with the provisions thereof, which sets out the material measures and actions that the Recipient shall carry out or cause to be carried out to address the potential environmental and social risks and impacts of the Project, including the timeframes of the actions and measures, institutional, staffing, training, monitoring and reporting arrangements, and any environmental and social instruments to be prepared thereunder.

  • Compliance agreement means a written agreement between a person and the Commissioner to achieve compliance with this quarantine.

  • FERC means the Federal Energy Regulatory Commission.