Examples of Certificate of the Borrower in a sentence
The unpaid obligations of Borrower listed in form HUD-92023M under subparagraphs 2.b. and 2.c of the Certificate of the Borrower shall not exceed the amount of the final advance of mortgage loan proceeds.
The Company entered into an income support agreement in conjunction with its purchase of the properties from Mohawk REIT, whereby the seller agreed to fund monthly payments to supplement rental income until certain leasing metrics are met.
The Borrower shall deliver to the Secured Party copies of any amendment, supplement or other modification of or to any of the Operative Documents or to any agreement or instrument pursuant to which the Investments have been issued, promptly after execution and delivery thereof, in each case accompanied by an Officer’s Certificate of the Borrower identifying such document as being delivered pursuant to this Section 4.10, identifying the document so delivered and the Operative Document to which it relates.
The Authority and its designees shall have the right, but shall not be obligated, to inspect such health care facilities at all reasonable times for the purpose of verifying the foregoing Certificate of the Borrower and due compliance by the Borrower with the Constitutions of the United States and of the State.
Subject to receipt by the Collateral Agent of an Officer’s Certificate of the Borrower confirming the satisfaction of the conditions precedent set forth in Section 6.2, and the Collateral Agent’s receipt of such funds from the Lenders, the Collateral Agent shall make the proceeds of such requested Advances available to the Borrower by deposit to such account as designated in the Advance Request in same day funds no later than 3:00 p.m., New York City time, on such Advance Date.
Promptly following the adoption of an annual budget which includes the appropriations required by this Section, but in any event not later than July 15 in each Fiscal Year, the Borrower shall execute and deliver to the Lender a Certificate of the Borrower in substantially the form attached hereto as Appendix C, which shall evidence the compliance by the Borrower with the covenants set forth in this Section 5.02 with respect to such Fiscal Year.
The Collateral Agent, each Agent and the Facility Agent shall have received an Officer’s Certificate of the Borrower or the Investment Manager (which may be included as part of the Advance Request or Reinvestment Request) computed as of the date of such requested Advance and after giving effect thereto and to the purchase by the Borrower of the Collateral Obligations to be purchased by it on such Funding Date, demonstrating that all of the Collateral Quality Tests are satisfied.
Compliance Certificate shall have the meaning specified in Section 8.3.3 [Certificate of the Borrower].
Provision of a current Tax Clearance Certificate of the Borrower.
The Articles of Incorporation and Bylaws, Borrowing Resolutions and Incumbency Certificate of the Borrower have not been changed or amended since the most recent date that certified copies thereof were delivered to the Bank.