Required Repairs definition

Required Repairs shall have the meaning set forth in Section 7.1.1 hereof.
Required Repairs shall have the meaning set forth in the Mortgage Loan Agreement.
Required Repairs shall have the meaning set forth in Section 16.1.1 hereof.

Examples of Required Repairs in a sentence

  • Upon the occurrence of such an Event of Default, Lender, at its option, may withdraw all Required Repair Funds from the Required Repair Account and Lender may apply such funds either to completion of the Required Repairs at the Property or toward payment of the Debt in such order, proportion and priority as Lender may determine in its sole discretion.

  • It shall be an Event of Default under this Agreement if Borrower does not either (i) does not deposit with Lender the Required Repair Fund as set forth above, or (ii) complete the Required Repairs at the Property within nine (9) months from the Closing Date.

  • Borrower shall complete the Required Repairs on or before the required deadline for each repair as set forth on Schedule II.

  • On the Closing Date, Borrower shall deposit with Lender the amount for the Property set forth on such Schedule II hereto to perform the Required Repairs for the Property.

  • Upon the occurrence of an Event of Default, Lender, at its option, may withdraw all Required Repair Funds from the Required Repair Account and Lender may apply such funds either to completion of the Required Repairs at one or more of the Properties or toward payment of the Debt in such order, proportion and priority as Lender may determine in its sole discretion.


More Definitions of Required Repairs

Required Repairs has the meaning assigned in Section 2.6(c).
Required Repairs has the meaning given to it in Section 6.6(b);
Required Repairs means those items listed on the Required Repair Schedule.
Required Repairs shall have the meaning set forth in Section 9.1 hereof.
Required Repairs has the meaning assigned in Section 8.13.
Required Repairs shall have the meaning set forth in Section 10.1(a) hereof.
Required Repairs. 3.2 “Restoration” - 7.4.1