Examples of Maryland Borrower in a sentence
The obligations of STAG Investments Holdings III, LLC shall continue to remain in effect with respect to that certain Guaranty dated October 11, 2007 as amended and affected from time to time with respect to the transaction involving STAG III Maryland Borrower, LLC.
The Master Lease and each Operating Lease is in full force and effect and there are no events of default thereunder by (a) in the case of the Master Lease, either Mortgage Borrower (other than Maryland Borrower) and Maryland Owner or Master Tenant or (b) in the case of each Operating Lease, either the Master Tenant or the applicable Operator, and there are no conditions that, with the passage of time or the giving of notice, or both, would constitute a material default thereunder.
Borrower shall not permit Maryland Borrower to enter into any line of business other than its current line of business, or make any material change in the scope or nature of its business or activities incidental thereto or undertake or participate in activities other than the continuance of its present business consistent with past practices.
Lender shall have received the original of the Account Agreement executed by each of Cash Management Bank, Borrower (other than Maryland Borrower) and Maryland Loan Guarantor.
Loan Authority: Housing and Community Development Article,§§4-801 – 4-816, Annotated Code of Maryland Authority to Release State Finance and Procurement Article,Security Interest: § 10-305, Annotated Code of Maryland Borrower: Courtney White44710 Beechwood Court, #601, California, MD 20619 St. Mary’s County Loan: Original Balance: $46,832 Current Balance: $45,573 Background: DHCD made two Maryland Home Financing Program loans to the borrower for a total of $130,090.
Borrower shall not permit, allow or otherwise cause Mortgage Borrower (other than Maryland Borrower) and Maryland Owner to enter into any line of business other than the ownership and operation of the Properties, or make any material change in the scope or nature of its business or activities incidental thereto or undertake or participate in activities other than the continuance of its present business consistent with past practices.
Authority: Elderly Rental Housing Program§§ 2-801 -- 2-810, Article 83B, Annotated Code of Maryland Authority to State Finance & Procurement Article, § 10-305,Grant Easement: Annotated Code of Maryland Borrower: Malta House, Inc.
Authority to State Finance and Procurement ArticleRelease Lien: §10-305, Annotated Code of Maryland Borrower: Housing Authority of Baltimore City Project: 100-200 N.
Borrower is a corporation for profit which is, and at all times shall be, duly organized, validly existing, and in good standing under and by virtue of the laws of the State of Maryland Borrower has the full power and authority to own its properties and to transact the business in which it is presently engaged or presently proposes to engage.
Loan Authority: Housing and Community Development Article,§§ 6-201 through 6-213, Annotated Code of Maryland; COMAR 5.17.01 Authority to Release: State Finance and Procurement Article,Security Interest: § 10-305, Annotated Code of Maryland Borrower: Jubilee Baltimore, Inc.1228 N Calvert Street, Baltimore, 21202 Loan: Original and Current Balance: $495,000 Background: DHCD and Jubilee entered into three separate agreements each of which memorialized a Community Legacy loan.