Benefit to New Indemnitor. Each New Indemnitor, owning a direct and/or indirect interest in New Borrower as a result of the Requested Actions, shall receive a substantial benefit from Lender's consent to the Requested Actions.
Appears in 9 contracts
Samples: Assumption Agreement (Lodging Fund REIT III, Inc.), Note and Mortgage Assumption Agreement, Joinder by and Agreement (Lodging Fund REIT III, Inc.)
Benefit to New Indemnitor. Each New Indemnitor, owning Indemnitor owns a direct and/or indirect interest in New Borrower as a result of the Requested Actions, shall receive a Actions and has received substantial benefit from Lender's ’s consent to the Requested Actions.
Appears in 2 contracts
Samples: Consent Agreement (Clipper Realty Inc.), Consent Agreement (Clipper Realty Inc.)
Benefit to New Indemnitor. Each New Indemnitor, owning a direct and/or indirect interest in New Borrower as a result of the Requested Actions, shall receive a substantial benefit from Lender's ’s consent to the Requested Actions.
Appears in 1 contract
Samples: Assumption Agreement (Independence Realty Trust, Inc)
Benefit to New Indemnitor. Each New Indemnitor, owning a direct and/or indirect interest in New Borrower as a result of the Requested Actions, shall receive a substantial benefit from LenderXxxxxx's consent to the Requested Actions.
Appears in 1 contract
Samples: Loan Modification and Reinstatement Agreement (Lodging Fund REIT III, Inc.)
Benefit to New Indemnitor. Each New Indemnitor, owning a direct and/or indirect interest in New Borrower as a result of the Requested Actions, shall receive a substantial benefit from LenderXxxxxx's consent to the Requested Actions.
Appears in 1 contract
Benefit to New Indemnitor. Each New Indemnitor, owning a direct and/or indirect interest in New Borrower (other than Project Manager) as a result of the Requested Actions, shall receive a substantial benefit from Lender's ’s consent to the Requested Actions.
Appears in 1 contract
Samples: Joinder by and Agreement (TNP Strategic Retail Trust, Inc.)
Benefit to New Indemnitor. Each New Indemnitor, owning a direct and/or indirect interest in New Borrower as a result of the Requested Actions, shall receive a substantial benefit from Lender's consent to the Requested Actions.
Appears in 1 contract
Samples: Note and Mortgage Assumption Agreement (World Wrestling Entertainmentinc)
Benefit to New Indemnitor. Each New Indemnitor, owning a direct and/or an indirect interest in New Borrower as a result of the Requested ActionsBorrower, shall receive a substantial benefit from Lender's ’s consent to the Requested Actions.
Appears in 1 contract
Samples: Joinder by and Agreement of New Indemnitor (Strategic Storage Trust II, Inc.)
