Common use of Permanent Financing Clause in Contracts

Permanent Financing. Borrower agrees that it shall use all reasonable efforts to utilize Truist Bank to place permanent debt (e.g. CMBS, ▇▇▇▇▇▇/▇▇▇▇▇▇▇, life company placements) with respect to all Real Property acquired, in whole or in part, with proceeds from the Loans; provided, that Borrower may utilize other providers of permanent debt in the case of such provider acting as broker on the purchase and sale of the Real Property in question.

Permanent Financing. Borrower agrees that it shall use all reasonable efforts to utilize Truist Bank to place permanent debt (e.g. CMBS, F▇▇▇▇▇▇/▇/F▇▇▇▇▇▇, life company placements) with respect to all Real Property acquired, in whole or in part, with proceeds from the Loans; provided, that Borrower may utilize other providers of permanent debt in the case of such provider acting as broker on the purchase and sale of the Real Property in question.