Examples of Required Mortgage Documents in a sentence
Upon any receipt of Required Mortgage Documents for any Mortgage Loan, the Collateral Agent shall review the same and verify that: (a) All Required Mortgage Documents relating to such Mortgage Loan appear regular on their face (as determined by the Collateral Agent in its reasonable discretion) and are in the Collateral Agent's possession; and (b) The statements set forth on Exhibit 1 hereto are accurate and complete in all material respects.
While the Committee has the responsibilities and powers set forth in this Charter, it is not the duty of the Committee to plan or conduct audits or to determine that the Company’s consolidated financial statements are complete and accurate or are in accordance with International Financial Reporting Standards (“IFRS”) and applicable rules and regulations.
The Company agrees that while it is in possession of any Required Mortgage Documents for an AP Mortgage, it will hold same in trust and as agent and bailee for the Collateral Agent for the benefit of the Secured Parties, without authority to make any other disposition thereof, or of the proceeds thereof.
As you know, we recently awarded the Secaucus and Paterson Plank Road Bridges, and right now we just issued the 21st Rail Corporation an authorization to start to prepare their proposal for the extension.
The Company shall deliver the Required Mortgage Documents for each such AP Mortgage not later than the ninth (9th) Business Day after the date such AP Mortgage is first so included as an Eligible Collateral.