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. Rate Cap Agreement and Rate Cap Agreement Reserve Fund B. Section 4.07 is deleted and replaced with the following:
Appears in 4 contracts
Samples: Multifamily Loan and Security Agreement (Steadfast Income REIT, Inc.), Multifamily Loan and Security Agreement (Steadfast Income REIT, Inc.), Multifamily Loan and Security Agreement (Steadfast Apartment REIT, Inc.)
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. Rate Rider to Multifamily Loan and Security AgreementRate Cap Agreement and Rate Cap Agreement Reserve Fund B. Section 4.07 is deleted and replaced with the following:
Appears in 1 contract
Samples: Multifamily Loan and Security Agreement (Steadfast Apartment REIT, Inc.)
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 Page 1 Rate Cap Agreement and Rate Cap Agreement Reserve Fund B. Section 4.07 is deleted and replaced with the following:
Appears in 1 contract
Samples: Multifamily Loan and Security Agreement (Steadfast Income REIT, Inc.)
