Common use of AGREEMENT TO CONSOLIDATE AND MODIFY THE NOTES Clause in Contracts

AGREEMENT TO CONSOLIDATE AND MODIFY THE NOTES. The Borrower agrees that the obligations under the Notes (and under all other agreements which consolidated, modified or extended the obligations under the Notes) shall be and are hereby consolidated. To that end, Borrower has concurrently herewith executed and delivered to Lender an Amended and Restated Mortgage Note (herein, "Consolidated Note") which consolidates, amends and restates in their entirety the terms and provisions of the Notes.

Appears in 2 contracts

Samples: And Security Agreement (Clipper Realty Inc.), Consolidation, Modification and Extension Agreement (American Realty Capital New York Recovery Reit Inc)

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AGREEMENT TO CONSOLIDATE AND MODIFY THE NOTES. The Borrower agrees that the obligations under the Notes (and under all other agreements which consolidated, modified or extended the obligations under the Notes) shall be and are hereby consolidated. To that end, Borrower has concurrently herewith executed and delivered to Lender an Amended and Restated Mortgage Note (herein, "Consolidated Note") which consolidates, amends and restates in their entirety the terms and provisions of the Notes.. Loan # 110628779 File # 123-30940 ARC NYE61ST001, LLC

Appears in 1 contract

Samples: Modification and Extension Agreement (American Realty Capital New York Recovery Reit Inc)

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AGREEMENT TO CONSOLIDATE AND MODIFY THE NOTES. The Borrower agrees and Lender agree that the obligations under the Notes (and under all other agreements which consolidated, modified or extended the obligations under the Notes) shall be and are hereby consolidated. To that end, Borrower has concurrently herewith executed and delivered to Lender an Amended and Restated Mortgage Note (herein, "β€œConsolidated Note"”) which consolidates, amends and restates in their entirety the terms and provisions of the Notes.

Appears in 1 contract

Samples: Lease and Rents and Security Agreement (Clipper Realty Inc.)

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