Common use of Additional Interests Clause in Contracts

Additional Interests. Lender must be designated as Mortgagee and Loss Payee on building, business income, business personal property, and boiler and machinery/equipment breakdown coverage forms; and Additional Insured on the general liability policy. The Additional Interest and Certificate Holder wording should read:

Appears in 4 contracts

Samples: Loan Assumption Agreement (Inland Diversified Real Estate Trust, Inc.), Loan Agreement (Wells Core Office Income Reit Inc), Loan Agreement (Netreit)

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Additional Interests. Lender must be designated as Mortgagee and Loss Payee on building, business income, business personal property, and boiler and machinery/equipment breakdown coverage forms; and Additional Insured on the general liability policycoverages. The Additional Interest and Certificate Holder wording should read:

Appears in 3 contracts

Samples: Loan Agreement (Pillarstone Capital Reit), Loan Agreement (Whitestone REIT Operating Partnership, L.P.), Loan Agreement (Whitestone REIT)

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