Benefit to New Indemnitor. Each New Indemnitor, owning a direct and/or indirect interest in New Borrower as a result of the Requested Actions, shall receive a substantial benefit from Lender's consent to the Requested Actions.
Appears in 9 contracts
Samples: Assumption Agreement (Lodging Fund REIT III, Inc.), Note and Mortgage Assumption Agreement, Indemnification & Liability (Lodging Fund REIT III, Inc.)
Benefit to New Indemnitor. Each New Indemnitor, owning Indemnitor owns a direct and/or indirect interest in New Borrower as a result of the Requested Actions, shall receive a Actions and has received substantial benefit from Lender's ’s consent to the Requested Actions.
Appears in 2 contracts
Samples: Consent Agreement (Clipper Realty Inc.), Consent Agreement (Clipper Realty Inc.)
Benefit to New Indemnitor. Each New Indemnitor, owning a direct and/or indirect interest in New Borrower (other than Project Manager) as a result of the Requested Actions, shall receive a substantial benefit from Lender's ’s consent to the Requested Actions.
Appears in 1 contract
Samples: Indemnification Agreement (TNP Strategic Retail Trust, Inc.)
Benefit to New Indemnitor. Each New Indemnitor, owning a direct and/or an indirect interest in New Borrower as a result of the Requested ActionsBorrower, shall receive a substantial benefit from Lender's ’s consent to the Requested Actions.
Appears in 1 contract
Samples: Indemnification & Liability (Strategic Storage Trust II, Inc.)
Benefit to New Indemnitor. Each New Indemnitor, owning a direct and/or indirect interest in New Borrower as a result of the Requested Actions, shall receive a substantial benefit from Lender's consent to the Requested Actions.
Appears in 1 contract
Samples: Note and Mortgage Assumption Agreement (World Wrestling Entertainmentinc)
Benefit to New Indemnitor. Each New Indemnitor, owning a direct and/or indirect interest in New Borrower as a result of the Requested Actions, shall receive a substantial benefit from LenderXxxxxx's consent to the Requested Actions.
Appears in 1 contract
Samples: Loan Modification and Reinstatement Agreement (Lodging Fund REIT III, Inc.)
Benefit to New Indemnitor. Each New Indemnitor, owning a direct and/or indirect interest in New Borrower as a result of the Requested Actions, shall receive a substantial benefit from Lender's ’s consent to the Requested Actions.
Appears in 1 contract
Samples: Note and Mortgage Assumption Agreement (Independence Realty Trust, Inc)
Benefit to New Indemnitor. Each New Indemnitor, owning a direct and/or indirect interest in New Borrower as a result of the Requested Actions, shall receive a substantial benefit from LenderXxxxxx's consent to the Requested Actions.
Appears in 1 contract
Samples: Note and Mortgage Assumption Agreement (Alexander & Baldwin, Inc.)
