Common use of Cap Collateral Clause in Contracts

Cap Collateral. To secure Borrower’s payment obligations under the Loan, Borrower grants to Lender a security interest in the Cap Collateral, including any Replacement Cap Agreement.

Appears in 22 contracts

Sources: Multifamily Loan and Security Agreement (New Senior Investment Group Inc.), Loan Agreement Rider, Multifamily Loan and Security Agreement (Resource Apartment REIT III, Inc.)