Financing or Refinancing Clause Samples
Financing or Refinancing. So long as Lessee timely pays their rent and otherwise complies with their obligations under this Lease and no Default has occurred and is continuing under Section 18, below, the Lessees shall have the right to obtain a loan to purchase their Home, or refinance that loan, from a bank, savings and loan, or other institutional mortgage lender and to grant to such lender a mortgage, deed of trust, deed to secure debt or similar instrument encumbering the Home and the Lessee’s Lease of the Home Site as security for such loan.
Financing or Refinancing. Any and all financing or refinancing for the Company or the Project, the terms and conditions thereof, or any modifications or amendments thereto; provided, however, that such a decision shall require the approval of all of the representatives present at a meeting of the Management Committee at which a quorum is present or Unanimous Written Consent;
Financing or Refinancing. So long as Lessees’ timely pay their rent and otherwise comply with their obligations under this Lease and no Default has occurred and is continuing under Section 18, below, the Lessee shall have the right to obtain a loan to
Financing or Refinancing. 8.4.1 Notwithstanding the provisions of Section 8.2, DMG may, without the written consent of Illinois Power, assign, transfer, pledge or otherwise dispose of its rights and interests hereunder to any lender, whether as security for amounts payable or otherwise, under a financing, which financing may include without limitation, one or more leases (whether capital, operating, synthetic or otherwise), subleases, mortgages, loans, equity and/or debt issues (including bonds), the proceeds of which are used for purposes of financing or refinancing any or all of the Units or Facilities subject to this Agreement, including upon or pursuant to the exercise of remedies under such financing or refinancing, or by way of assignments, transfers, conveyances of dispositions in lieu thereof.
Financing or Refinancing. It is the intention of the Co-Tenants to either assume the existing 1st loan or apply for a new loan. Both Co-Tenants agree to cooperate and participate in the financing.
Financing or Refinancing. Manager may engage third parties or one of its Affiliates to provide, for a fee, financing or refinancing services, including the arrangement of credit facilities and property specific debt and mortgage brokerage services, for the Fund, any assets of the Fund or any entities in which the Fund invests. Any fees paid to an Affiliate of Manager will not exceed then-current market rates, unless approved by the Fund.