Common use of Crowdfunding Clause in Contracts

Crowdfunding. Except as has been disclosed in writing to and approved in writing by Lender, no direct or indirect ownership (or other economic) interest of 25% or more in the aggregate in Borrower or any Borrower Principal has been marketed or sold to investors through any form of Crowdfunding.

Appears in 15 contracts

Sources: Loan Agreement (Vinebrook Homes Trust, Inc.), Loan Agreement, Loan Agreement

Crowdfunding. Except as has been disclosed in writing to and approved in writing by Lender▇▇▇▇▇▇, no direct or indirect ownership (or other economic) interest of 25% or more in the aggregate in Borrower or any Borrower Principal has been marketed or sold to investors through any form of Crowdfunding.

Appears in 2 contracts

Sources: Multifamily Loan and Security Agreement (Resource Apartment REIT III, Inc.), Multifamily Loan and Security Agreement (Resource Apartment REIT III, Inc.)

Crowdfunding. Except as has been disclosed in writing to and approved in writing by Lender▇▇▇▇▇▇, no direct or indirect ownership (or other economic) interest of 25% or more in the aggregate in Borrower or any Borrower Principal SPC Party has been marketed or sold to investors through any form of Crowdfunding.

Appears in 2 contracts

Sources: Multifamily Loan and Security Agreement (Clipper Realty Inc.), Mezzanine Loan and Security Agreement (Clipper Realty Inc.)

Crowdfunding. Except as has been disclosed in writing to and approved in writing by Lender▇▇▇▇▇▇, no direct or indirect ownership (or other economic) interest of 25% or more in the aggregate in Borrower or any Borrower Principal has been marketed or sold to investors through any form of Crowdfunding.. 5.62 through 5.70 are Reserved. ARTICLE VI

Appears in 1 contract

Sources: Multifamily Loan and Security Agreement (Steadfast Income REIT, Inc.)