Common use of Required Repair Funds Clause in Contracts

Required Repair Funds. (a) Borrower shall, or shall cause Mortgage Borrower to, perform the Required Repairs in accordance with all of the terms and conditions set forth in Section 7.1 of the Mortgage Loan Agreement.

Appears in 2 contracts

Samples: Loan Agreement (Meristar Hospitality Operating Partnership Lp), Loan Agreement (Meristar Hospitality Corp)

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Required Repair Funds. (a) Borrower shall, or shall cause Mortgage Borrower to, to perform the Required Repairs (as defined in the Mortgage Loan Agreement), in accordance with all of the terms and conditions set forth in Section 7.1 of the Mortgage Loan Agreement.

Appears in 2 contracts

Samples: Senior Mezzanine Loan Agreement (Inland Western Retail Real Estate Trust Inc), Junior Mezzanine Loan Agreement (Inland Western Retail Real Estate Trust Inc)

Required Repair Funds. (a) Borrower shall, or shall cause Mortgage Borrower to, perform the Required Repairs in accordance with all of the terms and conditions set forth in Section 7.1 6.1 of the Mortgage Loan Agreement.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (KBS Strategic Opportunity REIT, Inc.)

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Required Repair Funds. (a) Borrower shall, or shall cause Mortgage Borrower to, perform the Required Repairs in accordance with all of the terms and conditions set forth in Section 7.1 of the Mortgage Loan Agreement.

Appears in 1 contract

Samples: Loan Agreement (Highland Hospitality Corp)

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