Delivery of Property-Related Documents Sample Clauses

The 'Delivery of Property-Related Documents' clause requires one party, typically the seller or landlord, to provide the other party with specific documents related to the property, such as deeds, surveys, inspection reports, or compliance certificates. This obligation usually includes a timeline for delivery and may specify the format or method of transmission, ensuring that the recipient has all necessary information to evaluate or complete the transaction. The core function of this clause is to ensure transparency and facilitate informed decision-making by guaranteeing access to essential property documentation.
Delivery of Property-Related Documents. With respect to each of the Initial Mortgaged Properties or an Additional Mortgaged Property or a Substitute Mortgaged Property, it shall be a condition precedent that Lender receive from Borrower each of the documents and reports required by Lender pursuant to the Underwriting Requirements in connection with the addition of such Mortgaged Property to the Collateral Pool and, each of the following, each dated as of the applicable Closing Date for the Initial Mortgaged Property or an Additional Mortgaged Property or a Substitute Mortgaged Property, as the case may be, in form and substance satisfactory to Lender in all respects: (a) A commitment for the Title Insurance Policy applicable to the Mortgaged Property and a pro forma Title Insurance Policy based on the Commitment; (b) the Insurance Policy (or a certified copy of the Insurance Policy) applicable to the Mortgaged Property; (c) The Survey applicable to the Mortgaged Property; (d) Evidence satisfactory to Lender of compliance of the Mortgaged Property with Property Laws; (e) A Replacement Reserve Agreement or an amendment thereto, providing for the establishment of a replacement reserve account, to be pledged to Lender, in which the owner shall (unless waived by Lender) periodically deposit amounts for replacements for improvements at the Mortgaged Property and as additional security for Borrower’s obligations under the Loan Documents; (f) A Completion/Repair and Security Agreement or an amendment thereto, together with required escrows, on the standard form required by Lender; (g) An Assignment of Management Agreement or an amendment thereto, on the standard form required by Lender, if applicable; (h) An Assignment of Leases and Rents, if Lender determines one to be necessary or desirable, provided that the provisions of any such assignment shall be substantively identical to those in the Security Instrument covering the Collateral, with such modifications as may be necessitated by applicable state or local law; (i) In relation to each Initial Mortgaged Property, a Security Instrument to effectuate the addition of such Initial Mortgaged Property to the Collateral Pool, in relation to each Additional Mortgaged Property, a Security Instrument to effectuate the addition of such Additional Mortgaged Property to the Collateral Pool, and in relation to each Substitute Mortgaged Property, a Security Instrument to effectuate the addition of such Substitute Mortgaged Property to the Collateral Pool and a Not...
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Delivery of Property-Related Documents. It shall be a condition precedent to the funding of the Initial Term Loan that the Lender receive each of the following, each dated as of the Closing Date, in form and substance satisfactory to the Lender in all respects: (a) A favorable opinion of local counsel to the Borrowers as to the enforceability of the Security Instrument, and any other Loan Documents governed by local law, executed in connection with the Request. (b) A commitment for the Title Insurance Policy applicable to each Initial Mortgaged Property and a pro forma Title Insurance Policy based on such commitment. (c) A certificate of insurance and Environmental Report applicable to each Initial Mortgaged Property. (d) The Survey applicable to each Initial Mortgaged Property. (e) Evidence satisfactory to the Lender of compliance of each Initial Mortgaged Property with property laws as required by Sections 205 and 206 of Part III of the DUS Guide. (f) An Appraisal of each Initial Mortgaged Property. (g) A Replacement Reserve Agreement, providing for the establishment of a replacement reserve account, to be pledged to the Lender, in which the owner shall (unless waived by the Lender) periodically deposit amounts for replacements for improvements at the Mortgaged Property and as additional security for the Borrowers' obligations under the Loan Documents. (h) A Completion/Repair and Security Agreement, the Special Completion/Repair and Security Agreement and any other required Collateral Agreement, on the standard form required by the DUS Guide. (i) An Assignment of Management Agreement, on the standard form required by the DUS Guide. (j) An Assignment of Leases and Rents, if the Lender determines one to be necessary or desirable, provided that the provisions of any such assignment shall be substantively identical to those in the Security Instrument covering the Collateral, with such modifications as may be necessitated by applicable state or local law.
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Delivery of Property-Related Documents. With respect to a Substitute Mortgaged Property, it shall be a condition precedent that ▇▇▇▇▇▇ ▇▇▇ receive from the applicable Collateral Pool Borrower each of the documents and reports required by ▇▇▇▇▇▇ Mae pursuant to the Underwriting Requirements in connection with the pledge of such Mortgaged Property and, each of the following, each dated (where possible) as of the Closing Date for a Substitute Mortgaged Property, in form and substance satisfactory to ▇▇▇▇▇▇ ▇▇▇ in all respects: (a) A commitment for the Title Insurance Policy applicable to the Mortgaged Property and a pro forma Title Insurance Policy based on such commitment. (b) An ACCORD Certificate (or other evidence reasonably satisfactory to ▇▇▇▇▇▇ Mae) that all insurance required for the Mortgaged Property is in effect.
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Delivery of Property-Related Documents. With -------------------------------------- respect to each of the Mortgaged Properties to be made part of the Collateral Pool on the Closing Date for the Expansion Advance Request or a Collateral Addition Request, the receipt by the Lender of the following, each dated as of the Closing Date for the Expansion Advance Request or Collateral Addition Request, as the case may be, in form and substance satisfactory to the Lender in all respects:
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Related to Delivery of Property-Related Documents

  • Delivery of Property The Custodian shall not be responsible for any securities or other assets of a Portfolio which are not received by the Custodian or which are delivered out in accordance with Proper Instructions. The Custodian shall not be responsible for the title, validity or genuineness of any securities or other assets or evidence of title thereto received by it or delivered by it pursuant to this Agreement.

  • Delivery of the Collateral (a) Each Pledgor agrees promptly to deliver or cause to be delivered to the Collateral Agent any and all Pledged Securities, and any and all certificates or other instruments or documents representing the Collateral. (b) Each Pledgor will cause any Indebtedness for borrowed money owed to the Pledgor by any person to be evidenced by a duly executed promissory note that is pledged and delivered to the Collateral Agent pursuant to the terms thereof.

  • Delivery of Other Documents Agent shall have received all other instruments, documents and agreements as Agent may reasonably request, in form and substance reasonably satisfactory to Agent.

  • Related Documents The words "Related Documents" mean all promissory notes, credit agreements, loan agreements, environmental agreements, guaranties, security agreements, mortgages, deeds of trust, security deeds, collateral mortgages, and all other instruments, agreements and documents, whether now or hereafter existing, executed in connection with the Loan.

  • Operative Documents On or before the Closing Date, each of the Operative Documents to be delivered at the Closing shall have been duly authorized, executed and delivered by the parties thereto in substantially the form attached as an Exhibit hereto, shall each be in full force and effect, and executed counterparts of each shall have been delivered to each of the parties hereto.