Payment of Impositions; Sufficiency of Imposition Deposits. Lender may pay an Imposition according to any xxxx, statement or estimate from the appropriate public office or insurance company without inquiring into the accuracy of the xxxx, statement or estimate or into the validity of the Imposition. Imposition Deposits shall be required to be used by Lender to pay Taxes, insurance premiums and any other individual Imposition only if:
Appears in 5 contracts
Samples: Multifamily Loan and Security Agreement (Steadfast Income REIT, Inc.), Multifamily Loan and Security Agreement (Independence Realty Trust, Inc), Multifamily Loan and Security Agreement (Steadfast Income REIT, Inc.)
Payment of Impositions; Sufficiency of Imposition Deposits. Lender may pay an Imposition according to any xxxx, statement statement, or estimate from the appropriate public office or insurance company without inquiring into the accuracy of the xxxx, statement statement, or estimate or into the validity of the Imposition. Imposition Deposits shall be required to be used by Lender to pay Taxes, insurance premiums and any other individual Imposition only if:
Appears in 2 contracts
Samples: Master Credit Facility Agreement (Brookdale Senior Living Inc.), Master Credit Facility Agreement (Steadfast Apartment REIT, Inc.)
Payment of Impositions; Sufficiency of Imposition Deposits. Lender may pay an Imposition according to any xxxxbxxx, statement or estimate from the appropriate public office or insurance company without inquiring into the accuracy of the xxxxbxxx, statement or estimate or into the validity of the Imposition. Imposition Deposits shall be required to be used by Lender to pay Taxes, insurance premiums and any other individual Imposition only if:
Appears in 1 contract
Samples: Multifamily Loan and Security Agreement (Bluerock Residential Growth REIT, Inc.)
