FHA Lender definition
Examples of FHA Lender in a sentence
AR Lender shall execute such release documents as FHA Lender may reasonably request to effectuate the terms of this Section 2.5(a).
FHA Lender shall execute such release documents as AR Lender may reasonably request to effectuate the terms of this Section 2.5(a).
Nothing in this Section 2.5(a) shall require any release of the FHA Lender Priority Collateral.
AR Lender and FHA Lender have agreed upon AR Lender’s and FHA Lender’s respective rights in and to the AR Lender Priority Collateral and FHA Lender Priority Collateral which agreements and understandings are set forth below.
FHA Lender shall abide by the standstill provisions set forth below in Section 2.3(a).
FHA Lender represents and warrants that as of the date hereof, Schedule 2 sets forth a list of certain material documents evidencing or securing the FHA-Insured Loan(s) and that true, correct and complete copies of the documents listed thereon have been provided to AR Lender and its counsel.
FHA Lender and AR Lender hereby irrevocably consent to the nonexclusive jurisdiction of the State and Federal Courts located in the State of [enter property or organizational jurisdiction] _________ in any and all actions and proceedings arising under or in connection with this Agreement.
To the extent that the proceeds of any sale of FHA Lender Priority Collateral exceed the amount necessary to pay and satisfy the FHA-Insured Loan Obligations in full, such excess shall be delivered to AR Lender (to the extent that AR Lender has a security interest in the FHA Lender Priority Collateral and is otherwise entitled thereto in accordance with the AR Loan Documents and/or applicable law) for application by AR Lender pursuant to the AR Loan Documents.
Each of AR Lender and FHA Lender shall be responsible for managing its financial relationships with Operator and Owner, and neither shall be deemed to be the agent of the other for any purpose.
FHA Lender agrees to provide AR Lender with true, correct and complete copies of any FHA-Insured Loan Documents, including any amendments thereto, upon written request from AR Lender.