Acceptable Blanket Policy. Notwithstanding anything to the contrary contained in Section 6.3.1, in the event that an Acceptable Blanket Policy is in effect with respect to the Policies required pursuant to Section 5.1.1, deposits into the Insurance Account required for Insurance Premiums pursuant to Section 6.3.1 shall be suspended to the extent that Insurance Premiums relate to such Acceptable Blanket Policy. As of the date hereof, an Acceptable Blanket Policy is in effect with respect to the Policies required as of the Closing Date pursuant to Section 5.1.1.
Appears in 20 contracts
Samples: Loan Agreement (Vinebrook Homes Trust, Inc.), Loan Agreement (Invitation Homes Inc.), Loan Agreement (Invitation Homes Inc.)
Acceptable Blanket Policy. Notwithstanding anything to the contrary contained in Section 6.3.16.4.1, in the event that an Acceptable Blanket Policy is in effect with respect to the Policies required pursuant to Section 5.1.15.1, deposits into the Insurance Account required for Insurance Premiums pursuant to Section 6.3.1 6.4.1 above shall be suspended to the extent that Insurance Premiums relate to such Acceptable Blanket Policy. As of the date hereof, an Acceptable Blanket Policy is in effect with respect to the Policies required as of the Closing Date pursuant to Section 5.1.15.1.
Appears in 6 contracts
Samples: Loan Agreement (Medalist Diversified REIT, Inc.), Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.), Loan Agreement (Strategic Hotels & Resorts, Inc)
Acceptable Blanket Policy. Notwithstanding anything to the contrary contained in Section 6.3.16.4.1, in the event that an Acceptable Blanket Policy is in effect with respect to all of the Policies required pursuant to Section 5.1.15.1, deposits into the Insurance Account required for Insurance Premiums pursuant to Section 6.3.1 6.4.1 above shall be suspended to the extent that Insurance Premiums relate to such Acceptable Blanket Policy. As of the date hereof, an Acceptable Blanket Policy is in effect with respect to the Policies required as of the Closing Date pursuant to Section 5.1.1.
Appears in 3 contracts
Samples: Loan Agreement (Clipper Realty Inc.), Loan Agreement (Clipper Realty Inc.), Loan Agreement (Clipper Realty Inc.)
Acceptable Blanket Policy. Notwithstanding anything to the contrary contained in Section 6.3.16.4.1, in the event that an Acceptable Blanket Policy is in effect with respect to the Policies required pursuant to Section 5.1.15.1, deposits into the Insurance Account required for Insurance Premiums pursuant to Section 6.3.1 6.4.1 above shall be suspended to the extent that Insurance Premiums relate to such Acceptable Blanket Policy. As Borrower acknowledges and agrees that, as of the date hereof, there is not an Acceptable Blanket Policy is in effect with respect to the Policies required as of the Closing Date pursuant to Section 5.1.15.1.
Appears in 2 contracts
Samples: Loan Agreement (NOVONIX LTD), Loan Agreement (NOVONIX LTD)
Acceptable Blanket Policy. Notwithstanding anything to the contrary contained in Section 6.3.16.4.1, in the event that an Acceptable Blanket Policy is in effect with respect to any of the Policies required pursuant to Section 5.1.15.1, deposits into the Insurance Account required for Insurance Premiums pursuant to Section 6.3.1 6.4.1 above shall be suspended to the extent that Insurance Premiums relate to such Acceptable Blanket Policy. As Lender acknowledges that, as of the date hereofClosing Date, an Acceptable Blanket Policy is in effect with respect to the Policies required as of the Closing Date pursuant to Section 5.1.15.1.
Appears in 2 contracts
Samples: Loan Agreement (Alexanders Inc), Loan Agreement (Alexanders Inc)
Acceptable Blanket Policy. Notwithstanding anything to the contrary contained in Section 6.3.16.4.1, in the event that an Acceptable Blanket Policy is in effect with respect to all of the Policies required pursuant to Section 5.1.15.1, deposits into the Insurance Account required for Insurance Premiums pursuant to Section 6.3.1 6.4.1 above shall be suspended to the extent that Insurance Premiums relate to such Acceptable Blanket Policy. As of the date hereof, an Acceptable Blanket Policy is in effect with respect to the Policies required as of the Closing Date pursuant to Section 5.1.1.5.1 that are not maintained by the Condo Association in accordance with Section 5.1 hereof. Table of Contents
Appears in 1 contract
Samples: Loan Agreement (Generation Income Properties, Inc.)
Acceptable Blanket Policy. Notwithstanding anything to the contrary contained in Section 6.3.16.4.1, in the event that an Acceptable Blanket Policy is in effect with respect to the Policies required pursuant to Section 5.1.15.1, deposits into the Insurance Account required for Insurance Premiums pursuant to Section 6.3.1 6.4.1 above shall be suspended to the extent that Insurance Premiums relate to such Acceptable Blanket Policy. As of the date hereof, an Acceptable Blanket Policy is in effect with respect to the Policies required as of the Closing Date pursuant to Section 5.1.1.
Appears in 1 contract
Samples: Loan Agreement (Clipper Realty Inc.)
Acceptable Blanket Policy. Notwithstanding anything to the contrary contained in Section 6.3.16.4.1, in the event that an Acceptable Blanket Policy is in effect with respect to all of the Policies required pursuant to Section 5.1.15.1, deposits into the Insurance Account required for Insurance Premiums pursuant to Section 6.3.1 6.4.1 above shall be suspended to the extent that Insurance Premiums relate to such Acceptable Blanket Policy. As of the date hereof, an Acceptable Blanket Policy is in effect with respect to the Policies required as of the Closing Date pursuant to Section 5.1.15.1 that are not maintained by the Condo Association in accordance with Section 5.1 hereof.
Appears in 1 contract
Samples: Loan Agreement (Generation Income Properties, Inc.)
Acceptable Blanket Policy. Notwithstanding anything to the contrary contained in Section 6.3.16.4.1, in the event that an Acceptable Blanket Policy is in effect with respect to the Policies required pursuant to Section 5.1.15.1, deposits into the Insurance Account required for Insurance Premiums pursuant to Section 6.3.1 6.4.1 above shall be suspended to the extent that Insurance Premiums relate to such Acceptable Blanket Policy. As of the date hereof, an Acceptable Blanket Policy is in effect with respect to the Policies in Section 5.1.1(a)(ii), (v), (vii) and (viii) required as of the Closing Date pursuant to Section 5.1.1Date.
Appears in 1 contract
Samples: Loan Agreement (New York REIT, Inc.)
Acceptable Blanket Policy. Notwithstanding anything to the contrary contained in Section 6.3.16.4.1, in the event that an Acceptable Blanket Policy is in effect with respect to any of the Policies required pursuant to Section 5.1.15.1 and no Event of Default exists, deposits into the Insurance Account required for Insurance Premiums pursuant to Section 6.3.1 6.4.1 above shall be suspended to the extent that Insurance Premiums relate to such Acceptable Blanket Policy. As of the date hereof, Lender acknowledges and agrees that an Acceptable Blanket Policy is in effect with respect to the Policies required as of the Closing Date pursuant to Section 5.1.15.1.
Appears in 1 contract
Acceptable Blanket Policy. Notwithstanding anything to the contrary contained in Section 6.3.16.4.1, in the event that an Acceptable Blanket Policy is in effect with respect to the Policies required pursuant to Section 5.1.15.1, deposits into the Insurance Account required under for Insurance Premiums pursuant to Section 6.3.1 6.4.1 above shall be suspended to the extent that Insurance Premiums relate to such Acceptable Blanket Policy. As of the date hereof, an Acceptable Blanket Policy is in effect with respect to the Policies required as of the Closing Date pursuant to Section 5.1.15.1.
Appears in 1 contract
Acceptable Blanket Policy. Notwithstanding anything to the contrary contained in Section 6.3.1, in the event that an Acceptable Blanket Policy is in effect with respect to the Policies required pursuant to Section 5.1.1, deposits into the Insurance Account required for Insurance Premiums pursuant to Section 6.3.1 shall be suspended to the extent that Insurance Premiums relate to such Acceptable Blanket Policy. As of the date hereof, an Acceptable Blanket Policy is in effect with respect to the Policies required as of the Closing Date pursuant to Section 5.1.1.. 98 BUSINESS.30586915.9
Appears in 1 contract
Acceptable Blanket Policy. Notwithstanding anything to the contrary contained in Section 6.3.16.4.1, in the event that an Acceptable Blanket Policy is in effect with respect to any of the Policies required pursuant to Section 5.1.15.1, deposits into the Insurance Account required for Insurance Premiums pursuant to Section 6.3.1 6.4.1 above shall be suspended to the extent that Insurance Premiums relate to such Acceptable Blanket Policy. As Xxxxxx acknowledges that, as of the date hereofClosing Date, an Acceptable Blanket Policy is in effect with respect to the Policies required as of the Closing Date pursuant to Section 5.1.15.1.
Appears in 1 contract
Samples: Loan Agreement (Alexanders Inc)