Certified Operating Histories definition

Certified Operating Histories has the meaning specified in Exhibit VI.
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Certified Operating Histories shall have the meaning specified in Exhibit I.
Sample 1
Certified Operating Histories with respect to Mortgage Loans secured by residential cooperatives means (i) historical annual financial statements prepared by an independent accountant and (ii) year-to-date financial statements certified by the related Mortgagor as accurate and complete in all material respects as of a date within 180 days of the date of origination of the related Mortgage Loan. 39 Gxxx Park Cooperative (Loan Nx. 00); 0 & 0 Xxxxx Xxxx (Loan No. 32); 700 Xxxxx Xxxx Owners Corp. (Loan No. 35); Neighbors Emergency Center (Loan No. Certified Operating Histories were not obtained with respect to the referenced Mortgaged Properties. Sch. C-2 Rep. No. on Exhibit C Mortgage Loan Name and Number as Identified on Exhibit A Description of Exception 66); Bandera at Woodlawn (Loan No. 69); Lakefront 17 LLC (Loan No. 76); Hampton House Tenants Corp. (Loan No. 98); 500 Xxxx Xxxxxx (Loan No. 106); Starbucks Plaza (Loan No. 108)
Sample 1

Examples of Certified Operating Histories in a sentence

  • The Certified Operating Histories collectively report on operations for a period equal to (a) at least a continuous three-year period or (b) in the event the Mortgaged Property was owned, operated or constructed by the Mortgagor or an affiliate for less than three years then for such shorter period of time, it being understood that for mortgaged properties acquired with the proceeds of a Mortgage Loan, Certified Operating Histories may not have been available.

  • The Certified Operating Histories collectively report on operations for a period equal to (a) at least a continuous three-year period or (b) in the event the Mortgaged Property was owned, operated or constructed by the Borrower or an affiliate for less than three years then for such shorter period of time, it being understood that for mortgaged properties acquired with the proceeds of a Mortgage Loan, Certified Operating Histories may not have been available.

  • The Certified Operating Histories collectively report on operations for a period equal to (a) at least a continuous three-year period or (b) in the event the Mortgaged Property was owned, operated or constructed by the Mortgagor or an affiliate for less than three years then for such shorter period of time.

  • The Certified Operating Histories collectively report on operations for a period equal to (a) at least a continuous three-year period or (b) in the event the Underlying Mortgaged Property was owned, operated or constructed by the Mortgagor or an affiliate for less than three years then for such shorter period of time.

  • The Certified Operating Histories collectively report on operations for a period equal to (a) at least a continuous three-year period or (b) in the event the underlying Mortgaged Property was owned, operated or constructed by the underlying Mortgagor or an affiliate for less than three years then for such shorter period of time.

  • The Certified Operating Histories collectively report on operations for a period equal to (a) at least a continuous 3-year period or (b) in the event the Mortgaged Property was owned, operated or constructed by the borrower or an affiliate for less than 3 years then for such shorter period of time, it being understood that for Mortgaged Properties acquired with the proceeds of a Purchased Asset, Certified Operating Histories may not have been available.

  • The Seller has obtained operating histories (the "Certified Operating Histories") with respect to each Mortgaged Property certified by the related Mortgagor or the related guarantor(s) as accurate and complete in all material respects as of a date within 180 days of the date of origination of the related Mortgage Loan.

  • The Trust acknowledges that Delegate has appointed the Sub-custodians listed in Appendix C to the Custody Agreement as its foreign sub-custodians for purposes of providing custody services to the Trust with respect to the Fund’s Assets provided however, that such appointment shall not relieve the Delegate of its obligations under this Delegation Schedule.

  • The Certified Operating Histories collectively report on operations for a period equal to (a) at least a continuous 3-year period or (b) in the event the Mortgaged Property was owned, operated or constructed by the borrower or an affiliate for less than 3 years then for such shorter period of time, it being understood that for Mortgaged Properties acquired with the proceeds of a Mezzanine Loan, Certified Operating Histories may not have been available.

  • With respect to each Mortgaged Property, Borrower has obtained operating histories (the "Certified Operating Histories") certified by the related Mortgagor or the related guarantor(s) as accurate and complete in all material respects as of a date within 180 days of the date of origination of the related Mortgage Loan.


More Definitions of Certified Operating Histories

Certified Operating Histories shall have the meaning set forth in Schedule 1 of the Agreement.
Sample 1

Related to Certified Operating Histories

  • Certified operator means the solid waste facility operator or an employee of such operator who is present at the facility and oversees or carries out the daily operations authorized through this Permit, and whose qualifications are currently certified in accordance with Section 22a-209-6 of the RCSA.

  • Qualified Operator means a Person that has at least five (5) years’ experience operating power generation and storage facilities generally similar to the Facility.

  • Certified business means a business verified as a minority- or women-owned business enterprise pursuant to Section 314 of the Executive Law.

  • Structural Engineer means the Engineer appointed or to be appointed from time to time by Promoter for the preparation of the structural design and drawings of the buildings .

  • Approved Operating Expenses operating expenses incurred by Borrower which (i) are included in the Approved Operating Budget for the current calendar month, (ii) are for real estate taxes, insurance premiums, electric, gas, oil, water, sewer or other utility service to the Property or (iii) have been approved by Lender, such approval not to be unreasonably withheld, conditioned or delayed.

  • Architect or Engineer means an individual, firm, partnership, association, properly qualified person or the legally authorized representative(s), designated by the Owner, experienced in and legally qualified to practice the profession involved for the administration of the contract, inspections and testing. The term shall apply to the Owner when the Owner is acting as its own Architect or Engineer.

  • Weighbridge means any weighbridge either departmental weighbridge/s & or public weighbridge/s authorized by the company for weighment of gypsum/Selenite.