Examples of Mezzanine 1 Loan Documents in a sentence
To Borrower’s knowledge, there are no claims for payment for work, labor or materials affecting the CIGNA Mortgage Loan Property which are or may become a lien prior to, or of equal priority with, the Liens created by the Loan Documents, the Mezzanine 1 Loan Documents and/or the Mortgage Loan Documents except those which have been insured over pursuant to the applicable Title Insurance Policy.
The Mezzanine 1 Loan and each of the related Mezzanine 1 Loan Documents are in full force and effect and there exists no Mezzanine 1 Loan Default thereunder by the applicable Mezzanine 1 Borrower or, to Borrower’s knowledge, any other party thereto and no event shall have occurred that, with the passage of time and/or the giving of notice, would constitute a Mezzanine 1 Loan Default thereunder.
To the extent not prohibited by the Mezzanine 1 Loan Documents, Borrower shall or shall cause Mortgage Loan Borrower to cause Mortgage Loan Lender to remit to Lender any funds from Mortgage Loan Reserve Accounts that were outstanding therein at the time of the termination of such reserves to be held as Reserve Funds for the purpose of funding the equivalent substitute reserves.
Borrower shall not create, assume or suffer to exist any Lien on any portion of the Collateral (other than pursuant to the Loan Documents) or permit any such action to be taken, and shall not permit Mezzanine 1 Borrower to create, assume or suffer to exist any Lien on any portion of the Mezzanine 1 Collateral (other than pursuant to the Mezzanine 1 Loan Documents) or permit any such action to be taken.
Borrower will cause Mezzanine 1 Borrower to preserve its interest in and title to the Mezzanine 1 Collateral that it owns and shall forever warrant and defend the same to Mezzanine 1 Lender against any and all claims made by, through or under Mezzanine 1 Borrower and shall forever warrant and defend the validity and priority of the lien and security interest created under the Mezzanine 1 Loan Documents against the claims of all Persons whomsoever claiming by, through or under Mezzanine 1 Borrower.
Each Significant Party and Sponsor has taken all necessary action to authorize the execution, delivery and performance of the Mortgage Loan Documents, Mezzanine 1 Loan Documents or Loan Documents to which they are parties.
Providers submit an application for enrollment, indicating their provider type and specialty, to the provider enrollment specialist in the Medical Services Division.
To Mezzanine 1 Lender’s knowledge, there currently exists no default or event which, with the giving of notice or the lapse of time, or both, would constitute a default under the Mezzanine 1 Loan Documents, including, without limitation, any breach of any of the representations and warranties made by any Borrower Party in the Mezzanine 1 Loan Documents.
Lender may, but shall not be obligated to make proof of loss if not made promptly by Borrower, subject to the rights and obligations of (i) Mortgage Loan Lender and Mortgage Loan Borrower or Maryland Owner under the related Mortgage Loan Documents and (ii) Mezzanine 1 Lender and Mezzanine 1 Borrower under the related Mezzanine 1 Loan Documents.
All of the representations and warranties by each borrower, guarantor or indemnitor contained in the Mezzanine 1 Loan Documents with respect to each Mezzanine 1 Loan are true and correct in all material respects as of the date made thereunder.