Examples of Opening Date in a sentence
The Loan Advance shall be disbursed on the Loan Opening Date, and thereafter there shall be no obligation for any Lender to fund any further advances under the Loan.
All such Leases are in full force and effect and, to Borrower’s actual knowledge, except as contained in any tenant estoppel certificate or subordination, non-disturbance and attornment agreement delivered to Administrative Agent on or prior to the Loan Opening Date, (i) no breach of any co-tenancy clause contained in any Lease exists as of the Loan Opening Date, and (ii) no Tenant has defaulted on the payment of rent due and payable under its Lease as of the Loan Opening Date.
There are no Leases for the use or occupancy of any part of any Portfolio Property on the Loan Opening Date other than the Leases identified in Rent Roll attached hereto as Exhibit K, true and complete copies of which have been provided to Administrative Agent as of the date hereof.
At least three (3) Business Days prior to Loan Opening Date, a Certificate of Beneficial Ownership containing information required by the Beneficial Ownership Regulation with respect to Borrower, addressed to Administrative Agent and to each Lender that so requests delivery of such certificate at least three (3) Business Days prior to the Loan Opening Date.
Commencing on the Loan Opening Date and continuing thereafter on each Determination Date until the Maturity Date, the Portfolio shall maintain a Debt Service Coverage Ratio (Imputed Rate) of not less than 1.20 to 1.00.