Appraisals. Lender may obtain from time to time an appraisal of all or any part of the Property, prepared in accordance with written instructions from Lender, from a third-party appraiser satisfactory to, and engaged directly by, Lender. The cost of one such appraisal obtained by Lender in each calendar year and the cost of each such appraisal obtained by Lender following the occurrence of an Event of Default shall by borne by Borrower and shall be paid by Borrower on demand.
Appears in 6 contracts
Samples: Term Loan Agreement (Sun Communities Inc), Term Loan Agreement (Sun Communities Inc), Construction Loan Agreement (American Retirement Corp)
Appraisals. Lender may obtain from time to time an appraisal of all or any part of the Property, prepared in accordance with written instructions from Lender, from a third-party appraiser satisfactory to, and engaged directly by, Lender. The cost of one such appraisal obtained by Lender in each calendar year and the cost of each such appraisal obtained by Lender following the occurrence of an Event of a Default shall by borne by Borrower and shall be paid by Borrower on demand.
Appears in 6 contracts
Samples: Term Loan Agreement (Jernigan Capital, Inc.), Term Loan Agreement (Jernigan Capital, Inc.), Term Loan Agreement (Jernigan Capital, Inc.)
Appraisals. Lender may obtain from time to time an appraisal of all or any part of the Property, prepared in accordance with written instructions from Lender, from a third-party appraiser satisfactory to, and engaged directly by, Lender. The cost of one such appraisal appraisal, including any costs for internal review thereof, obtained by Lender in each calendar year and the cost of each such appraisal obtained by Lender following the occurrence of an Event of Default shall by borne by Borrower and shall be paid by Borrower on demand.
Appears in 4 contracts
Samples: Term Loan Agreement, Master Agreement, Construction Loan Agreement
Appraisals. Lender may obtain from time to time an appraisal of all or any part of the Property, prepared in accordance with written instructions from Lender, from a third-party appraiser satisfactory to, and engaged directly by, Lender. The cost of one such appraisal appraisal, including any costs for internal review thereof, obtained by Lender in each calendar year and the cost of each such appraisal obtained by Lender following the occurrence of an Event of Default shall by be borne by Borrower and shall be paid by Borrower on demand.
Appears in 3 contracts
Samples: Term Loan Agreement (Rexford Industrial Realty, Inc.), Term Loan Agreement (Rexford Industrial Realty, Inc.), Term Loan Agreement (Rexford Industrial Realty, Inc.)
Appraisals. Lender may obtain from time to time an appraisal of all or any part of the Property, prepared in accordance with written instructions from Lender, from a third-party appraiser satisfactory to, and engaged directly by, Lender. The cost of (a) one such appraisal appraisal, including any costs for internal review thereof, obtained by Lender in each every other calendar year and the cost of (b) each such appraisal obtained by Lender following the occurrence of an Event of Default shall shall, in each case, by borne by Borrower and shall be paid by Borrower on demand.
Appears in 1 contract
Samples: Term Loan Agreement (Inland Real Estate Income Trust, Inc.)
Appraisals. The Lender may obtain from time to time an appraisal of all or any part of the Property, prepared in accordance with written instructions from the Lender, from a third-party appraiser satisfactory to, and engaged directly by, the Lender. The cost of one such appraisal appraisal, including any costs for internal review thereof, obtained by the Lender in each calendar year and the cost of each such appraisal obtained by the Lender following the occurrence of an Event of Default shall by be borne by the Borrower and shall be paid by the Borrower on demand.
Appears in 1 contract
Appraisals. Lender may obtain from time to time an appraisal of all or any part of the Property, prepared in accordance with written instructions from Lender, from a third-party appraiser satisfactory to, and engaged directly by, Lender. The cost of one any such appraisal obtained shall be borne by Lender in each calendar year and Lender, except that the cost of each such appraisal obtained by Lender following during the occurrence existence of an Event of Default shall by borne by Borrower and shall be paid by Borrower on demand.
Appears in 1 contract
Samples: Construction Loan Agreement (Campus Crest Communities, Inc.)
Appraisals. Lender may obtain from time to time an appraisal of all or any part of the PropertyProjects, prepared in accordance with written instructions from Lender, from a third-party appraiser satisfactory to, and engaged directly by, Lender. The cost of one such appraisal obtained by Lender in each calendar year and the cost of each such appraisal obtained by Lender following the occurrence of an Event of Default shall by borne by Borrower and shall be paid by Borrower on demand.
Appears in 1 contract
Samples: Loan and Security Agreement (America First Tax Exempt Investors Lp)
Appraisals. Lender may obtain from time to time an appraisal of all or any part of the Property, prepared in accordance with written instructions from Lender, from a third-party appraiser satisfactory to, and engaged directly by, Lender. The cost of one such appraisal appraisal, including any costs for internal review thereof, obtained by Lender in each calendar year and the cost of each such appraisal obtained by Lender following the occurrence of an Event of Default shall by be borne by Borrower and shall be paid by Borrower on demandwithin ten (10) days after receipt of written demand from Lender.
Appears in 1 contract
Samples: Term Loan Agreement (American Realty Capital - Retail Centers of America, Inc.)
