Real estate company definition
Examples of Real estate company in a sentence
Upon notice to Borrower after an Event of Default, Borrower at its own expense shall assemble all or any part of the Collateral or all or any part of the Real Estate Company Collateral constituting personal property as determined by Agent and make it available to Agent at the Facility or any location designated by Agent.
Upon the occurrence and during the continuance of an Event of Default, the Agent shall have the right to notify post office authorities to change the address for delivery of the Borrower’s or any Real Estate Company’s mail to an address designated by the Agent and to receive, open and process all mail addressed to the Borrower and/or any Real Estate Company.
Upon the occurrence and during the continuance of any Event of Default, the Agent shall have the right to obtain access to the Borrower’s data processing equipment, computer hardware and software relating to the Collateral and/or the Real Estate Company Collateral and, subject to any state or federal privacy laws, including without limitation HIPAA, to use all of the foregoing and the information contained therein in any manner the Agent deems appropriate.
Borrower shall not create, incur, assume or suffer to exist any Lien of any nature whatsoever on any Collateral related to the Facility or Real Estate Company, including on any direct or indirect equity interest in any Real Estate Company, other than Permitted Liens.
In such event, Borrower shall, at its sole cost and expense, store and keep any Collateral and/or Real Estate Company Collateral so assembled at such location pending further action by Agent and provide such security guards and maintenance services as shall be necessary to protect and preserve such Collateral and/or such Real Estate Company Collateral.