Common use of Delivery of Loan Documents Title Insurance Reports Leases Clause in Contracts

Delivery of Loan Documents Title Insurance Reports Leases. (a) SECURITY INSTRUMENT, ASSIGNMENT OF LEASES AND OTHER LOAN DOCUMENTS. Lender shall have received from Borrower fully executed and acknowledged counterparts of the Security Instrument and the Assignment of Leases and evidence that counterparts of the Security Instrument and Assignment of Leases have been delivered to the title company for recording, in the reasonable judgment of Lender, so as to effectively create upon such recording valid and enforceable liens upon each Individual Property, of the requisite priority, in favor of Lender (or such other trustee as may be required or desired under local law), subject only to the Permitted Encumbrances and such other Liens as are permitted pursuant to the Loan Documents. Lender shall have also received from (i) Borrower fully executed counterparts of the Environmental Indemnity, Cash Management Agreement and Assignment of Management Agreement and (ii) Guarantor, a fully executed counterpart of the Guaranty.

Delivery of Loan Documents Title Insurance Reports Leases. (ai) SECURITY INSTRUMENTMortgages, ASSIGNMENT OF LEASES AND OTHER LOAN DOCUMENTSAssignments of Leases, Assignments of Agreements. ----------------------------------------------------------- Lender shall have received from Borrower fully executed and acknowledged counterparts of the Security Instrument and Mortgage, the Assignment of Leases and Assignments of the Agreements relating to the Properties and evidence that counterparts of the Security Instrument Mortgage and the Assignment of Leases have been delivered to the title company for recording, in the reasonable judgment of Lender, so as to effectively create upon such recording valid and enforceable liens Liens upon each Individual Propertysuch Properties, of the requisite priority, in favor of Lender (or such other trustee as may be required or desired under local law), subject only to the Permitted Encumbrances and such other Liens as are permitted pursuant to the Loan Documents. Lender shall have also received from (i) Borrower fully executed counterparts of the Environmental Indemnity, Cash Management Agreement and Assignment of Management Agreement and (ii) Guarantor, a fully executed counterpart of the Guaranty.

Delivery of Loan Documents Title Insurance Reports Leases. (a) SECURITY INSTRUMENTMortgages, ASSIGNMENT OF LEASES AND OTHER LOAN DOCUMENTSAssignments of Leases, Assignments of Agreements. Lender shall have received from Borrower Borrowers fully executed and acknowledged counterparts of the Security Instrument Mortgages and the Assignment Assignments of Leases relating to the Property and evidence that counterparts of the Security Instrument Mortgages and Assignment Assignments of Leases have been delivered to the title company for recording, in the reasonable judgment of Lender, so as to effectively create upon such recording valid and enforceable liens Liens upon each Individual such Property, of the requisite first priority, in favor of Lender (or such other trustee as may be required or desired under local law), subject only to the Permitted Encumbrances and such other Liens as are permitted pursuant to the Loan Documents. Lender shall have also received from (i) Borrower Borrowers fully executed counterparts of the Environmental Indemnity, Cash Management Agreement and O&M Agreement, Assignment of Management Agreement and (ii) Guarantor, a fully executed counterpart Subordination of the GuarantyManagement Fees and Contribution Agreement.

Delivery of Loan Documents Title Insurance Reports Leases. (ai) SECURITY INSTRUMENTMortgages and Assignments of Leases, ASSIGNMENT OF LEASES AND OTHER LOAN DOCUMENTSAssignments of Leases. ---------------------------------------------------------- Lender shall have received from each Individual Borrower holding title to an Individual Property as of the date hereof fully executed and acknowledged counterparts of the Security Instrument Mortgage and the Assignment of Leases relating to each such Individual Property and evidence that counterparts of such Mortgages and the Security Instrument and Assignment Assignments of Leases have been delivered to the title company for recording, in the reasonable judgment of Lender, so as to effectively create upon such recording valid and enforceable liens Liens upon each such Individual Property, of the requisite priority, in favor of Lender (or such other trustee as may be required or desired under local law), subject only to the Permitted Encumbrances and such other Liens as are permitted pursuant to the Loan Documents. Lender shall have also received from (i) each such Individual Borrower fully executed counterparts of the Environmental Indemnity, Cash Management Agreement and Assignment of Management Agreement and (ii) Guarantor, a fully executed counterpart of the GuarantyIndemnity relating to each such Individual Property.