Contribution Among Borrowers. Notwithstanding that Borrowers are jointly and severally liable to Lender for payment of the Loan, as among Borrowers, each shall be liable only for such Borrower’s Allocated Amount (as hereinafter defined) and, accordingly, each Borrower whose Property or other assets are, from time to time, utilized to satisfy a portion of the Debt in excess of such Borrower’s Allocated Loan Amount, shall be entitled, commencing 95 days after payment in full of the Debt, to contribution from each of the other Borrowers pro-rata in accordance with their respective liabilities in accordance with this Agreement. The “Allocated Amount” for each Borrower shall equal the Allocated Loan Amount for the Property owned by such Borrower.
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Samples: Loan Agreement (American Realty Capital New York City REIT, Inc.), Loan Agreement (American Finance Trust, Inc)
Contribution Among Borrowers. Notwithstanding that Borrowers are jointly and severally liable to Lender for payment of the Loan, as among Borrowers, each shall be liable only for such Borrower’s Allocated Loan Amount (as hereinafter defined) and, accordingly, each Borrower whose Property or other assets are, from time to time, utilized to satisfy a portion of the Debt in excess of such Borrower’s Allocated Loan Amount, shall be entitled, commencing 95 days after payment in full of the Debt, to contribution from each of the other Borrowers pro-rata in accordance with their respective liabilities in accordance with this Agreement. The “This Allocated Amount” Loan Amount for each Borrower shall equal the Allocated Loan Amount for the Property owned by such Borrower.
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Samples: Loan Agreement (Generation Income Properties, Inc.), Loan Agreement (American Realty Capital Hospitality Trust, Inc.)
Contribution Among Borrowers. Notwithstanding that Borrowers are jointly and severally liable to Lender Lenders for payment of the Loan, as among Borrowers, each shall be liable only for such Borrower’s Allocated Loan Amount (as hereinafter defined) and, accordingly, each Borrower whose Property or other assets are, from time to time, utilized to satisfy a portion of the Debt in excess of such Borrower’s Allocated Loan Amount, shall be entitled, commencing 95 days after payment in full of the Debt, to contribution from each of the other Borrowers Borrower pro-rata in accordance with their respective liabilities in accordance with this Agreement. The “This Allocated Amount” Loan Amount for each Borrower shall equal the Allocated Loan Amount for the Property owned by such Borrower.
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Samples: Loan Agreement (Pacific Office Properties Trust, Inc.)
Contribution Among Borrowers. Notwithstanding that Borrowers are jointly and severally liable to Lender for payment of the Loan, as among Borrowers, each shall be liable only for such Borrower’s Allocated Loan Amount (as hereinafter defined) and, accordingly, each Borrower whose Property or other assets are, from time to time, utilized to satisfy a portion of the Debt in excess of such Borrower’s Allocated Loan Amount, shall be entitled, commencing 95 days after payment in full of the Debt, to contribution from each of the other Borrowers pro-rata in accordance with their respective liabilities in accordance with this Agreement. The “This Allocated Amount” Loan Amount for each Borrower shall equal the Allocated Loan Amount for the Property owned by such Borrower.. Table of Contents
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Samples: Loan Agreement (Generation Income Properties, Inc.)
Contribution Among Borrowers. Notwithstanding that Borrowers are jointly and severally liable to Lender for payment of the Loan, as among Borrowers, each shall be liable only for such Borrower’s 's Allocated Amount (as hereinafter defined) and, accordingly, each Borrower whose Property or other assets are, from time to time, utilized to satisfy a portion of the Debt in excess of such Borrower’s 's Allocated Loan Amount, shall be entitled, commencing 95 days after payment in full of the Debt, to contribution from each of the other Borrowers pro-rata in accordance with their respective liabilities in accordance with this Agreement. The “This Allocated Amount” Amount for each Borrower shall equal the Allocated Loan Amount for the Property owned by such Borrower.
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Samples: Loan Agreement (Parking REIT, Inc.)
Contribution Among Borrowers. Notwithstanding that the Borrowers are jointly and severally liable to Lender for payment of the Loan, as among the Borrowers, each shall be liable only for such Borrower’s Allocated Amount (as hereinafter defined) and, accordingly, each Borrower whose Property or other assets are, from time to time, utilized to satisfy a portion of the Debt in excess of such Borrower’s Allocated Loan Amount, shall be entitled, commencing 95 days after payment in full of the Debt, to contribution from each of the other Borrowers pro-rata in accordance with their respective liabilities in accordance with this Agreement. The “Allocated Amount” for each Borrower shall equal the Allocated Loan Amount for the Property owned by such Borrower.
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Samples: Loan Agreement (Inland Diversified Real Estate Trust, Inc.)
Contribution Among Borrowers. Notwithstanding that the Borrowers are jointly and severally liable to Lender for payment of the Loan, as among the Borrowers, each shall be liable only for such Borrower’s Allocated Amount (as hereinafter defined) and, accordingly, each Borrower whose Property or other assets are, from time to time, utilized to satisfy a portion of the Debt Obligations in excess of such Borrower’s Allocated Loan Amount, shall be entitled, commencing 95 days after payment in full of the DebtObligations, to contribution from each of the other Borrowers pro-rata in accordance with their respective liabilities in accordance with this Loan Agreement. The This “Allocated Amount” for each Borrower shall equal the Allocated Loan Amount for the Property owned or leased by such Borrower., as the case may be. 62383226 111
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Contribution Among Borrowers. Notwithstanding that the Borrowers are jointly and severally liable to Lender for payment of the Loan, as among the Borrowers, each shall be liable only for such Borrower’s Allocated Loan Amount (as hereinafter defined) and, accordingly, each Borrower whose Property or other assets are, from time to time, utilized to satisfy a portion of the Debt in excess of such Borrower’s Allocated Loan Amount, shall be entitled, commencing 95 days after payment in full of the Debt, to contribution from each of the other Borrowers pro-rata in accordance with their respective liabilities in accordance with this Agreement. The “This Allocated Amount” Loan Amount for each Borrower shall equal the Allocated Loan Amount for the Property or Properties owned by such Borrower.
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