Obligation to Make Cap Payments. Borrower has instructed each Cap Provider and any guarantor of a Cap Provider’s obligations to make Cap Payments directly to Lender or to Loan Servicer on behalf of Lender.
Appears in 28 contracts
Samples: Multifamily Loan and Security Agreement, Loan Agreement, Multifamily Loan and Security Agreement (Resource Apartment REIT III, Inc.)
Obligation to Make Cap Payments. Borrower has instructed each Cap Provider and any guarantor of a Cap Provider’s obligations to make Cap Payments directly to Lender or to Loan Servicer on behalf of Lender.. Rider to Multifamily Loan and Security Agreement Rate Cap Agreement and Rate Cap Agreement Reserve Fund
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.)
Obligation to Make Cap Payments. Borrower has instructed each Cap Provider and any guarantor of a Cap Provider’s obligations to make Cap Payments directly to Lender or to Loan Servicer on behalf of Lender.. Rate Cap Agreement and Rate Cap Agreement Reserve Fund
Appears in 3 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 Income REIT, Inc.)
Obligation to Make Cap Payments. Borrower or Cap Purchaser, as applicable, has instructed each Cap Provider and any guarantor of a Cap Provider’s obligations to make Cap Payments directly to Lender or to Loan Servicer on behalf of Lender.
Appears in 2 contracts
Samples: Multifamily Loan and Security Agreement (New Senior Investment Group Inc.), Multifamily Loan and Security Agreement (New Senior Investment Group Inc.)
Obligation to Make Cap Payments. Borrower has instructed each Cap Provider and any guarantor of a Cap Provider’s obligations to make Cap Payments directly to Lender or to Loan Servicer on behalf of Lender.. Rider to Multifamily Loan and Security AgreementRate Cap Agreement and Rate Cap Agreement Reserve Fund
Appears in 1 contract
Samples: Multifamily Loan and Security Agreement (Steadfast Apartment REIT, Inc.)
Obligation to Make Cap Payments. Borrower has instructed each the initial Cap Provider and any guarantor of a the initial Cap Provider’s obligations to make Cap Payments directly to Lender or to Loan Servicer on behalf of Lender.
Appears in 1 contract
Obligation to Make Cap Payments. Borrower has instructed each the initial Cap Provider and any guarantor of a the initial Cap Provider’s obligations to make Cap Payments directly to Funding Lender or to Loan Servicer on behalf of Funding Lender.
Appears in 1 contract
Samples: Continuing Covenant Agreement
