Examples of Substitution Request in a sentence
Borrower shall deliver to Lender a completed and executed Substitution Request.
Each Substitution Request shall be accompanied by the following: (i) the information required by the Underwriting Requirements with respect to the proposed Substitute Mortgaged Property and any additional information Lender reasonably requests; and (ii) the payment of all Additional Collateral Due Diligence Fees.
The Borrower shall pay Additional Collateral Due Diligence Fees for the Additional or Substituted Mortgaged Property to the Lender on the date on which it submits the Collateral Addition or Substitution Request for the addition of the Additional or Substituted Mortgaged Property to the Collateral Pool.
Borrower may deliver to Lender a Substitution Request to add one or more Manufactured Housing Communities in substitution of one or more Mortgaged Properties then in the Collateral Pool.
If the Account Party wishes to substitute one or more new Letters of Credit under Clause 5.1 (Request For Substitution), the Account Party shall give the Agent notice, by way of a duly signed and completed Substitution Request, no later than the date falling 30 Business Days prior to the proposed Substitution Date.