Common use of Affiliate Transfer Clause in Contracts

Affiliate Transfer. A Transfer of any direct or indirect interests in Borrower held by an entity owned and Controlled by Independence Realty Trust, Inc. (“Affiliate Transferor”) to one or more of Affiliate Transferor’s Affiliates (“Affiliate Transfer”) provided that each of the following conditions is satisfied:

Appears in 4 contracts

Samples: Multifamily Loan and Security Agreement (Independence Realty Trust, Inc), Multifamily Loan and Security Agreement (Independence Realty Trust, Inc), Multifamily Loan and Security Agreement (Independence Realty Trust, Inc)

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Affiliate Transfer. A Transfer of any direct or indirect interests in Borrower held by an entity owned and Controlled by Independence Realty TrustKEK Family Holdings, Inc. LLC (“Affiliate Transferor”) to one or more of Affiliate Transferor’s Affiliates (“Affiliate Transfer”) provided that each of the following conditions is satisfied:

Appears in 1 contract

Samples: Multifamily Loan and Security Agreement (KBS Strategic Opportunity REIT II, Inc.)

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