Examples of Second Loan Documents in a sentence
Accept as so amended, the First Loan Documents and the Second Loan Documents shall remain in full force and effect in accordance with their terms.
Should the Transaction not close, the agreements set forth in this Amendment shall be null, void and of no effect on either party or any of the First Loan Documents or the Second Loan Documents.
This Amendment shall be deemed to amend each provision of the First Loan Documents and the Second Loan Documents necessary in order to reflect the agreements of the parties set forth herein.
In the event of a dispute or disagreement among the Lenders with respect to their exercise of their rights under this Agreement, the relative rights and obligations of the Lenders among themselves shall be determined pursuant to the terms and procedures of the Participation Agreement, the First Loan Documents and the Second Loan Documents.
The Partnership is in material compliance with the First Loan Documents and the Second Loan Documents and, to the knowledge of the General Partner, no event has occurred which, with the passage of time and/or giving of notice, would result in a default under such documents.
To the extent of remaining funds available, interest accruing on the Second Loan Documents from and after the date hereof, at the applicable rate(s) (other than any default rate(s)) provided for in the Second Loan Documents, all of which interest shall (to the extent of available funds) be paid in cash and shall not be accrued, deferred or added to principal.
The Borrower agrees that default under any Loan Document or Second Loan Document not cured within the applicable cure period shall constitute default with respect to all Loan Documents and all Second Loan Documents and vice versa.
The Company provided you with a loan in February 1999 in the original principal amount of four hundred and fifty thousand dollars ($450,000) plus interest (the "Second Loan"), pursuant to which you provided the Company with a Secured Promissory Note dated February 1, 1999 (the "Second Note"), which Second Note is secured by the Deed of Trust (the Deed of Trust, together with the Second Note, are collectively referred to as the "Original Second Loan Documents").
The Borrower agrees that default under any Loan Document or Second Loan Document not cured within the applicable cure period shall constitute default with respect to all Loan Documents and all Second Loan Documents and vice versa, and a cure of such event of default of the Loan Documents or Second Loan Documents shall cure such default under the Loan Documents and Second Loan Documents and vice versa.
Xxxxxxxx agrees that, except for the lien of the Second Security Instrument and the other Second Loan Documents, Borrower shall not, without the prior written consent of Lender, sell, convey, mortgage, grant, bargain, encumber, pledge, assign, or otherwise transfer the Property or any part thereof or permit the Property or any part thereof to be sold, conveyed, mortgaged, granted, bargained, encumbered, pledged, assigned, or otherwise transferred.