Permitted REIT Distributions. Notwithstanding anything stated to the contrary in this Section 3, Lender acknowledges and agrees that the funding of any amounts under this Section 3 is expressly subject to the provisions of Section 3.11 of the Senior Loan Agreement and the disbursement to Borrower of Permitted REIT Distributions to the extent provided therein.
Appears in 4 contracts
Samples: Mezzanine Loan Agreement (KBS Real Estate Investment Trust, Inc.), Mezzanine Loan Agreement (KBS Real Estate Investment Trust, Inc.), Mezzanine Loan Agreement (KBS Real Estate Investment Trust, Inc.)