Common use of Receipt of Financing Commitment Clause in Contracts

Receipt of Financing Commitment. CSLC has paid for and obtained, and heretofore has provided the Company with true and complete executed copies of that certain commitment letter of GMAC Commercial Mortgage Corporation ("GMAC") dated April 14, 2000 and addressed to CSLC, pursuant to which GMAC has committed, upon the terms and subject to the conditions specified therein, to provide to CSLC an aggregate sum in cash which, together with funds segregated by CSLC, will be sufficient in amount to pay, in full at the Effective Time, but not later than July 31, 2000, to the holders of Company Common Stock, the Exchange Funds (the "Financing Commitment")."

Receipt of Financing Commitment. CSLC has paid for and obtained, and heretofore has provided the Company with true and complete executed copies of of, that certain commitment letter of GMAC Commercial Mortgage Corporation ("GMAC") dated April 14, 2000 and addressed to CSLC, pursuant to which GMAC has committed, upon the terms and subject to the conditions specified therein, to provide to CSLC an aggregate sum in cash which, together with funds segregated by CSLC, will be sufficient in amount to pay, in full at the Effective Time, but not later than July 31, 2000, to the holders of Company Common Stock, the Exchange Funds (the "Financing Commitment")."

Receipt of Financing Commitment. CSLC has paid for and obtained, and heretofore has provided the Company with true and complete executed copies of of, that certain commitment letter of GMAC Commercial Mortgage Corporation ("GMAC") dated April 14, 2000 and addressed to CSLC, pursuant to which GMAC has committed, upon the terms and subject to the conditions specified therein, to provide to CSLC an aggregate sum in cash which, together with funds segregated by CSLC, will be sufficient in amount to pay, in full at the Effective Time, but not later than July 31, 2000, to the holders of Company Common Stock, the Exchange Funds (the "Financing Commitment")."