Common use of Condominiums/Planned Unit Developments Clause in Contracts

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project is (i) acceptable to Fannie Mae or Freddie Mac or (ii) located in a condominium or planned u▇▇▇ ▇▇v▇▇▇pmen▇ ▇▇▇▇▇ct which has received project approval from Fannie Mae or Freddie Mac. The representations and warranties required ▇▇ ▇▇▇nie Mae ▇▇▇▇ ▇▇spect to such condominium or planned unit development ▇▇▇▇ been satisfied and remain true and correct;

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project is (i) acceptable to Fannie Mae ▇▇▇▇▇▇ ▇▇▇ or Freddie ▇▇▇▇▇▇▇ Mac or (ii) located in a condominium or planned u▇▇▇ ▇▇v▇▇▇pmen▇ ▇▇▇▇▇ct unit development project which has received project approval from Fannie ▇▇▇▇▇▇ Mae or Freddie ▇▇▇▇▇▇▇ Mac. The representations and warranties required ▇▇ by ▇▇▇nie Mae ▇▇▇▇ ▇▇spect Mae with respect to such condominium or planned unit development ▇▇▇▇ have been satisfied and remain true and correct;

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project is (i) acceptable to Fannie ▇▇▇▇▇▇ Mae or Freddie ▇▇▇▇▇▇▇ Mac or (ii) located in a condominium or planned u▇▇▇ ▇▇v▇▇▇pmen▇ ▇▇▇▇▇ct unit development project which has received project approval from Fannie ▇▇▇▇▇▇ Mae or Freddie ▇▇▇▇▇▇▇ Mac. The representations and warranties required ▇▇ by ▇▇▇nie Mae ▇▇▇▇ ▇▇spect Mae with respect to such condominium or planned unit development ▇▇▇▇ have been satisfied and remain true and correct;.

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project is (i) acceptable to Fannie Mae or Freddie Mac or (ii) located in a condominium or planned uloc▇▇▇▇ ▇▇v▇▇▇pmenn ▇ cond▇▇▇▇▇ct ▇▇ or planned unit development project which has received project approval from Fannie Mae or Freddie Mac. The representations and warranties required ▇▇ repres▇▇▇nie ▇▇▇ons and ▇▇▇▇▇▇▇ies required by Fannie Mae with respect to such condo▇▇▇▇▇▇ ▇▇spect to such condominium or planned unit development ▇▇▇▇ have been satisfied and remain true and correct;

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project is (i) acceptable to Fannie Mae or Freddie Mac or (ii) located in a condominium or planned u▇▇▇ ▇▇v▇▇▇pmen▇ ▇▇▇▇▇ct pment project which has received project approval from Fannie Mae or Freddie Mac. The representations and warranties required ▇▇ ▇▇▇nie Mae ▇▇n▇▇ ▇▇spect Mae with respect to such condominium or planned unit development ▇▇▇▇ been b▇▇▇ satisfied and remain true and correct;

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project is (i) acceptable to Fannie Mae or Freddie Mac or (ii) located in a condominium or planned uplan▇▇▇ ▇▇vi▇ ▇▇▇pmen▇ evel▇▇▇▇▇ct ▇ project which has received project approval from Fannie Mae or Freddie Mac. The representations and warranties required ▇▇ ▇▇▇nie Mae requ▇▇▇▇ ▇y Fannie ▇spect ▇▇ ▇▇th respect to such condominium or planned unit development develo▇▇▇▇▇ have been satisfied and remain true and correct;

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project is (i) acceptable to Fannie Mae ▇▇▇▇▇▇ ▇▇▇ or Freddie ▇▇▇▇▇▇▇ Mac or (ii) located in a condominium or planned u▇▇▇ ▇▇v▇▇▇pmen▇ ▇▇▇▇▇ct unit development project which has received project approval from Fannie LEGAL02/33574838v9 Sch. 3-7 ▇▇▇▇▇▇ Mae or Freddie ▇▇▇▇▇▇▇ Mac. The representations and warranties required ▇▇ by ▇▇▇nie Mae ▇▇▇▇ ▇▇spect Mae with respect to such condominium or planned unit development ▇▇▇▇ have been satisfied and remain true and correct;

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project is (i) acceptable to Fannie F▇▇▇▇▇ Mae or Freddie F▇▇▇▇▇▇ Mac or (ii) located in a condominium or planned u▇▇▇ ▇▇v▇▇▇pmen▇ ▇▇▇▇▇ct unit development project which has received project approval from Fannie F▇▇▇▇▇ Mae or Freddie F▇▇▇▇▇▇ Mac. The representations and warranties required by F▇▇ ▇▇▇nie Mae ▇▇▇▇ ▇▇spect Mae with respect to such condominium or planned unit development ▇▇▇▇ have been satisfied and remain true and correct;

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project is (i) acceptable to Fannie Mae or Freddie Mac or (ii) located in a condominium or planned u▇un▇▇ ▇▇v▇e▇▇▇pmen▇ ment ▇▇▇▇▇ct ▇t which has received project approval from Fannie Mae or Freddie Mac. The representations and warranties required b▇ ▇▇▇▇ie Mae w▇▇▇ ▇▇▇nie Mae ▇▇▇▇ ▇▇spect pect to such condominium or planned unit development ▇▇▇▇ been ▇een satisfied and remain true and correct;

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project is (i) acceptable to Fannie ▇▇▇▇▇▇ Mae or Freddie ▇▇▇▇▇▇▇ Mac or (ii) located in a condominium or planned u▇▇▇ ▇▇v▇▇▇pmen▇ ▇▇▇▇▇ct unit development project which has received project approval from Fannie ▇▇▇▇▇▇ Mae or Freddie ▇▇▇▇▇▇▇ Mac. The To the best of Seller’s knowledge, the representations and warranties required ▇▇ by ▇▇▇nie Mae ▇▇▇▇ ▇▇spect Mae with respect to such condominium or planned unit development ▇▇▇▇ have been satisfied and remain true and correct;.

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis minimus planned unit development) such condominium or planned unit development project is (i) acceptable meets Fannie Mae eligibility requirements for sale to Fannie Mae or Freddie Mac or (ii) is located in a condominium ▇▇ ▇ ▇ondominium or planned u▇▇▇ ▇▇v▇▇▇pmen▇ ▇▇▇▇▇ct which has received project approval from Fannie Mae or Freddie Mac. The representations and warranties required ▇▇ ▇▇▇nie Mae unit development pro▇▇▇▇ ▇h▇spect ▇▇ has received Fannie Mae project approval and the representations and warranties requir▇▇ ▇▇ Fannie Mae with respect to such condominium or planned unit development ▇h▇▇▇ been satisfied ▇▇e▇ ▇ade and remain true and correctcorrect in all respects;

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project is (i) acceptable to Fannie F▇▇▇▇▇ Mae or Freddie F▇▇▇▇▇▇ Mac or (ii) located in a condominium or planned u▇▇▇ ▇▇v▇▇▇pmen▇ ▇▇▇▇▇ct unit development project which has received project approval from Fannie F▇▇▇▇▇ Mae or Freddie F▇▇▇▇▇▇ Mac. The representations and warranties required by F▇▇ ▇▇▇nie Mae ▇▇▇▇ ▇▇spect Mae with respect to such condominium or planned unit development ▇▇▇▇ have been satisfied and remain true and correct;.

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project is (i) acceptable to Fannie Mae F▇▇▇▇▇ M▇▇ or Freddie F▇▇▇▇▇▇ Mac or (ii) located in a condominium or planned u▇▇▇ ▇▇v▇▇▇pmen▇ ▇▇▇▇▇ct unit development project which has received project approval from Fannie F▇▇▇▇▇ Mae or Freddie F▇▇▇▇▇▇ Mac. The representations and warranties required by F▇▇ ▇▇▇nie Mae ▇▇▇▇ ▇▇spect Mae with respect to such condominium or planned unit development ▇▇▇▇ have been satisfied and remain true and correct;