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 21 contracts

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

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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.. Rider to Multifamily Loan and Security Agreement Rate Cap Agreement and Rate Cap Agreement Reserve Fund B. Section 4.07 is deleted and replaced with the following:

Appears in 5 contracts

Samples: Multifamily Loan and Security Agreement (Steadfast Apartment REIT, Inc.), Multifamily Loan and Security Agreement (Steadfast Apartment REIT, Inc.), Multifamily Loan and Security Agreement (Steadfast Apartment REIT, Inc.)

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