Condition of Mortgaged Property. Except as Borrower may have disclosed to Lender in writing in connection with the issuance of the Commitment Letter, the Mortgaged Property has not been damaged by fire, water, wind or other cause of loss, or any previous damage to the Mortgaged Property has been fully restored.
Appears in 97 contracts
Samples: Multifamily Loan and Security Agreement, Multifamily Loan and Security Agreement (New Senior Investment Group Inc.), Multifamily Loan and Security Agreement (Resource Apartment REIT III, Inc.)
Condition of Mortgaged Property. Except as Borrower may have disclosed to Lender in writing in connection with the issuance of the Commitment LetterLetter or except for ordinary wear and tear, (a), the Mortgaged Property has not been damaged by fire, water, wind or other cause of loss, or (b) any previous damage to the Mortgaged Property has been fully restored.
Appears in 19 contracts
Samples: Multifamily Loan and Security Agreement (Steadfast Apartment REIT, Inc.), Multifamily Loan and Security Agreement (Steadfast Apartment REIT, Inc.), Multifamily Loan and Security Agreement (Steadfast Apartment REIT, Inc.)
Condition of Mortgaged Property. Except as Borrower may have disclosed to Lender in writing in connection with the issuance of the Commitment LetterLetter or except for ordinary wear and tear, (a) the Mortgaged Property has not been damaged by fire, water, wind or other cause of loss, or (b) any previous damage to the Mortgaged Property has been fully restored.
Appears in 11 contracts
Samples: Multifamily Loan and Security Agreement (Steadfast Apartment REIT III, Inc.), Multifamily Loan and Security Agreement (Steadfast Apartment REIT III, Inc.), Multifamily Loan and Security Agreement (Steadfast Income REIT, Inc.)
Condition of Mortgaged Property. Except as Borrower may have disclosed to Lender in writing in connection with the issuance of the Commitment Letterapplicable commitment letter or approval letter, or except for ordinary wear and tear, (a) the Mortgaged Property has not been damaged by fire, water, wind or other cause of loss, or (b) any previous damage to the Mortgaged Property has been fully restored.
Appears in 9 contracts
Samples: Multifamily Loan and Security Agreement (Steadfast Income REIT, Inc.), Multifamily Loan and Security Agreement (Steadfast Income REIT, Inc.), Multifamily Loan and Security Agreement (Steadfast Income REIT, Inc.)
Condition of Mortgaged Property. Except as Borrower may have disclosed to Lender in writing in connection with the issuance of the Commitment LetterLetter (which written disclosure may be in certain written reports accepted by Lender in connection with the funding of the Indebtedness and dated prior to the Effective Date), the Mortgaged Property has not been damaged by fire, water, wind or other cause of loss, or or, if so damaged, any previous damage to the Mortgaged Property has been fully restored.
Appears in 3 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement
Condition of Mortgaged Property. Except as Borrower may have disclosed to Funding Lender in writing in connection with the issuance of the Commitment Letterwriting, the Mortgaged Property has not been damaged by fire, water, wind or other cause of loss, or any previous damage to the Mortgaged Property has been fully restored.
Appears in 3 contracts
Samples: Continuing Covenant Agreement, Continuing Covenant Agreement, Continuing Covenant Agreement
Condition of Mortgaged Property. Except as Borrower may have disclosed to Funding Lender in writing in connection with prior to the issuance of the Commitment Letter, the Mortgaged Property has not been damaged by fire, water, wind or other cause of loss, or any previous damage to the Mortgaged Property has been fully restored.
Appears in 2 contracts
Samples: Continuing Covenant Agreement, Continuing Covenant Agreement
Condition of Mortgaged Property. Except as Borrower may have disclosed to Lender in writing in connection with the issuance of the Commitment Letter, the Mortgaged Property has not been materially damaged by fire, water, wind or other cause of loss, or any previous except to the extent such damage to the Mortgaged Property has been fully restored.
Appears in 2 contracts
Samples: Multifamily Loan and Security Agreement (New Senior Investment Group Inc.), Multifamily Loan and Security Agreement (New Senior Investment Group Inc.)
Condition of Mortgaged Property. Except as Borrower may have disclosed to Lender in writing in connection with prior to the issuance of the Commitment Letter, the Mortgaged Property has not been damaged by fire, water, wind or other cause of loss, or any previous damage to the Mortgaged Property has been fully restored.
Appears in 2 contracts
Samples: Multifamily Loan and Security Agreement, Multifamily Loan and Security Agreement
Condition of Mortgaged Property. Except as Borrower may have disclosed to Lender in writing in connection with the issuance of the Commitment Letter, to the best of Borrower’s knowledge following due inquiry and investigation, the Mortgaged Property has not been damaged by fire, water, wind or other cause of loss, or any previous damage to the Mortgaged Property has been fully restored.
Appears in 2 contracts
Samples: Multifamily Loan and Security Agreement, Multifamily Loan and Security Agreement (CNL Healthcare Properties, Inc.)
Condition of Mortgaged Property. Except as Borrower may have disclosed to Lender in writing in connection with the issuance of the Commitment Letter, the Mortgaged Property has not been materially damaged by fire, water, wind or other cause of loss, or any previous except to the extent such damage to the Mortgaged Property has been fully restored.. 5. Section 5.03 is revised to read in its entirety as follows:
Appears in 1 contract
Samples: Multifamily Loan and Security Agreement (New Senior Investment Group Inc.)
