Due Diligence Package definition
Due Diligence Package shall have the meaning specified in Exhibit VII to this Agreement.
Due Diligence Package means, with respect to any Eligible Asset, (a) the items on the Due Diligence Checklist, in the case of each item, to the extent applicable, (b) the Requested Exceptions Report and (c) such other documents or information as Buyer or its counsel shall reasonably deem necessary.
Due Diligence Package has the meaning provided in Section 3.3. ---------------------
Examples of Due Diligence Package in a sentence
For the avoidance of doubt, if any of the conditions set forth below are not satisfied in the reasonable discretion of the Administrative Agent (including any documentation delivered under the Due Diligence Package) with respect to any Real Estate Asset, then unless any such requirement has been waived in writing by the Administrative Agent and the Required Lenders, such Real Estate Asset shall not become a Collateral Pool Property.
Each of the Lenders shall be furnished with the items set forth in clauses (i)(A)-(H) and such other items delivered as part of the Due Diligence Package as shall be requested by it, and such items shall be reasonably satisfactory to the Required Lenders.
The Administrative Agent and the Required Lenders shall endeavor to approve or reject such Collateral Pool Property Request within fifteen (15) Business Days following receipt of a complete copy of the applicable Due Diligence Package, and the Lenders agree not to unreasonably withhold, delay or condition approval of a Collateral Pool Property.
More Definitions of Due Diligence Package
Due Diligence Package means (i) the Collateral Tape, (ii) the items on the Eligible Loan Due Diligence Checklist, in each case to the extent applicable and (iii) such other documents or information as Buyer or its counsel shall reasonably deem necessary.
Due Diligence Package means, with respect to any Eligible Asset, (a) the items on the Due Diligence Checklist, in the case of each item, to the extent applicable, (b) the Requested Exceptions Report and (c) such other documents or information as Purchaser or its counsel shall reasonably deem necessary.
Due Diligence Package means (i) the Loan Asset Summary Report, (ii) the items on the Eligible Loan Due Diligence Checklist, in each case to the extent applicable, and (iii) such other documents, certifications or information as Buyer or its counsel shall reasonably deem necessary.
Due Diligence Package means with respect to each Mortgage Loan or Underlying Mortgage Loan to be pledged to the Lender hereunder (a) all materials in the possession or under the control of the Borrower, which materials shall include, without limitation, (i) the Borrower's analysis of the seller and the Subservicer,
Due Diligence Package. With respect to a Loan, collectively, (i) a complete and accurate internal credit write-up with respect to the related Borrower, (ii) a site inspection and valuation report with respect to the Mortgaged Property consistent with the Underwriting Guidelines, (iii) (x) if such Loan is a C&G Store Mortgage Loan, a copy of the schedule to the insured properties declaration of the Environmental Policy or letter from an Environmental Insurer evidencing that such Mortgage Loan is covered by the Environmental Policy and (y) in the case of each other Mortgage Loan, (I) (x) a copy of a Phase I environmental assessment conducted with respect to the related Mortgaged Property, that concluded that no further investigation of the related Mortgaged Property was necessary or (y) in those cases where the Phase I environmental assessment concluded that further investigation of such Mortgaged Property was necessary, copies of the Phase II environmental assessments conducted with respect to the related Mortgaged Property, evidencing that no remediation or other further action was required with respect to such Mortgaged Property or (II) a copy of the schedule to the insured properties declaration of the Environmental Policy or letter from an Environmental Insurer evidencing that such Mortgage Loan is covered by the Environmental Policy, (iv) a complete description of any modifications made to such Loan since the completion of funding contemplated under the applicable Loan Documents, without limitation, any information concerning any prior borrower with respect to any of the related Loan Collateral, (v) the Corporate Fixed Charge Coverage Ratio and the Unit-Level Fixed Charge Coverage Ratio, (vi) information concerning all pending or overtly threatened lawsuits and legal actions related to the Borrower and actually known by the Loan Originator which are reasonably expected to result in cumulative liabilities of $100,000 or more net of expected recoveries from insurance or other third party sources, together with an estimate by the Loan Originator as to the potential financial and operational magnitude of the related lawsuit and (vii) such other information as may be reasonably requested by the Majority Noteholders from time to time.
Due Diligence Package shall have the meaning specified in Exhibit VIII to this Agreement, and any other similar information with respect to a Foreign Purchased Asset.
Due Diligence Package has the meaning given that term in Section 4.3(b)(i).