Application of Proceeds to Debt Reduction. (a) No damage to the Property, or any part thereof, by fire or other casualty whatsoever, whether such damage be partial or total, shall relieve Borrower from its liability to pay in full the Debt and to perform its obligations under this Security Instrument and the other Loan Documents.
Appears in 25 contracts
Samples: Loan and Security Agreement (Etre Reit, LLC), Ashford Hospitality Trust Inc, Deed Of (Lightstone Value Plus Real Estate Investment Trust, Inc.)
Application of Proceeds to Debt Reduction. (a) No damage to the Propertyany Project, or any part thereof, by fire or other casualty whatsoever, whether such damage be partial or total, shall relieve Borrower from its liability to pay in full the Debt and to perform its obligations under this Security Instrument Agreement and the other Loan Documents.
Appears in 3 contracts
Samples: Loan Agreement (Mack Cali Realty Corp), Loan Agreement (Mack Cali Realty Corp), Loan Agreement (Mack Cali Realty L P)
Application of Proceeds to Debt Reduction. (a) No damage to the Property, or any part thereof, by fire or other casualty whatsoever, whether such damage be partial or total, shall relieve Borrower Mortgagor from its liability to pay in full the Debt and to perform its obligations under this Security Instrument and the other Loan Documents.
Appears in 2 contracts
Samples: Mortgage and Security Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.), Mortgage and Security Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.)
Application of Proceeds to Debt Reduction. (a) No damage to the Property, or any part thereof, by fire or other casualty whatsoever, whether such damage be partial or total, shall relieve Borrower from its liability to pay in full the Debt and to perform its obligations under this Security Instrument and the other Loan Documents.. 61
Appears in 1 contract
Samples: Pebblebrook Hotel Trust
Application of Proceeds to Debt Reduction. (a) No damage to the Property, or any part thereof, by fire or other casualty whatsoever, whether such damage be partial or total, shall relieve Borrower Grantor from its liability to pay in full the Debt and to perform its obligations under this Security Instrument and the other Loan Documents.
Appears in 1 contract
Samples: RLJ Lodging Trust
