Contributions and Waivers. (a) As a result of the transactions contemplated by this Agreement and the other Loan Documents, each Borrower will benefit, directly and indirectly, from each Borrower’s obligation to pay the Debt and perform its obligations hereunder and under the other Loan Documents (collectively, the “Obligations”) and in consideration therefore each Borrower desires to enter into an allocation and contribution agreement among themselves as set forth in this Section to allocate such benefits among themselves and to provide a fair and equitable agreement to make contributions among each of Borrowers in the event any payment is made by any individual Borrower hereunder to Lender (such payment being referred to herein as a “Contribution,” and for purposes of this Section, includes any exercise of recourse by Lender against any Property of a Borrower and application of proceeds of such Property in satisfaction of such Borrower’s obligations, to Lender under the Loan Documents).
Contributions and Waivers. (a) As a result of the transactions contemplated by this Agreement, each Borrower will benefit, directly and indirectly, from each Borrower’s obligation to pay the Debt and perform its obligations and in consideration therefore each Borrower desires to enter into an allocation and contribution agreement among themselves as set forth in this Section to allocate such benefits among themselves and to provide a fair and equitable agreement to make contributions among each of Borrowers in the event any payment is made by any individual Borrower hereunder to Lender (such payment being referred to herein as a “Contribution”, and for purposes of this Section, includes any exercise of recourse by Lender against any collateral of a Borrower and application of proceeds of such collateral in satisfaction of such Borrower’s obligations, to Lender under the Loan Documents).
Contributions and Waivers. (a) As a result of the transactions contemplated by this Agreement, each Borrower will benefit, directly and indirectly, from each Borrower’s obligation to pay the Debt and perform its Obligations and in consideration therefore each Borrower desires to enter into an allocation and contribution agreement among themselves as set forth in this Section 9.8 to allocate such benefits among themselves and to provide a fair and equitable agreement to make contributions among each of the Borrowers in the event any payment is made by any individual Borrower hereunder to Lender (such payment being referred to herein as a “Contribution,” and for purposes of this Section 18.8, includes any exercise of recourse by Lender against any Collateral of a Borrower and application of proceeds of such Collateral in full or partial satisfaction of such Borrower’s obligations, to Lender under the Loan Documents).
Contributions and Waivers. (a) As a result of the transactions contemplated by this Agreement, each Borrower will benefit, directly and indirectly, from each Borrower's obligation to pay the Debt and perform its Obligations (as defined in the Mortgage) and in consideration therefore each Borrower desires to enter into an allocation and contribution agreement among themselves as set forth in this Section 20.12 to allocate such benefits among themselves and to provide a fair and equitable agreement to make contributions among each of Borrowers in the event any payment is made by any individual Borrower hereunder to Lender (such payment being referred to herein as a "CONTRIBUTION," and for purposes of this Section 20.12, includes any exercise of recourse by Lender against any Collateral of a Borrower and application of proceeds of such Collateral in satisfaction of such Borrower's obligations, to Lender under the Loan Documents).
Contributions and Waivers. (c) As a result of the transactions contemplated by this Agreement, each Borrower will benefit, directly and indirectly, from each Borrower’s obligation to pay the Debt and perform its Obligations and in consideration therefore each Borrower desires to enter into an 00000000.0.XXXXXXXX 181 allocation and contribution agreement among themselves as set forth in this Section to allocate such benefits among themselves and to provide a fair and equitable agreement to make contributions among each of Borrowers in the event any payment is made by any individual Borrower hereunder to Lender (such payment being referred to herein as a “Contribution”, and for purposes of this Section, includes any exercise of recourse by Lender against any collateral of a Borrower and application of proceeds of such collateral in satisfaction of such Borrower’s obligations, to Lender under the Loan Documents).
Contributions and Waivers. (a) As a result of the transactions contemplated by the Loan Documents, each Individual Borrower will benefit, directly and indirectly, from each Individual Borrower’s obligation to pay the Debt and in consideration therefor each Individual Borrower desires to enter into an allocation and contribution agreement among themselves as set forth in this Section 10.25 to allocate such benefits among themselves and to provide a fair and equitable agreement to make contributions among each Individual Borrower in the event any payment is made by an Individual Borrower hereunder to Lender which is in excess of the amount attributable to that Individual Borrower or its portion of its Individual Property (such payment being referred to herein as a “Contribution,” and for purposes of this Section 10.25, includes any exercise of recourse by Lender against any collateral of an Individual Borrower and application of proceeds of such collateral in satisfaction of such Individual Borrower’s obligations to Lender under the Loan Documents).
Contributions and Waivers. (a) In the event of (a) any payment by any one or more of Borrowers of any amount in excess of the principal amount set forth for each Borrower in Schedule XII attached hereto (each such amount, an “Allocable Principal Balance”) together with interest thereon and its proportionate share (based on its Allocable Principal Balance) of any other amounts payable with respect thereto (the “Overpayment Amount”), or (b) the foreclosure of, or the delivery of deeds in lieu of foreclosure, or private sale or other means by which Lender realizes on the Collateral, relating to, any of the Individual Properties owned by one or more Borrowers, (the “Overpaying Borrower”) whose Individual Property or Individual Properties or assets have been utilized to satisfy obligations under the Loan or otherwise for the benefit of one or more other Borrowers (each a “Benefitted Borrower”) and such Overpaying Borrower shall be entitled to contribution from each of the Benefited Borrowers in an amount equal to each such Benefitted Borrower’s allocable portion of the Overpayment Amount paid by such Overpaying Borrower (“Contribution Payment”). In no event shall a Benefitted Borrower be required to make a Contribution Payment that would cause the Benefited Borrower to become an Overpaying Borrower. Any such contribution payments shall be made within ten (10) days after demand therefor
Contributions and Waivers. (a) As a result of the transactions contemplated by this Agreement and the other Loan Documents, each Borrower will benefit, directly and indirectly, from each Borrower’s obligation to pay the Debt and perform the Obligations and in consideration therefore the Borrowers desire to enter into an allocation and contribution agreement among themselves as set forth in this Section to allocate such benefits among themselves and to provide a fair and equitable agreement to make contributions among each of the Borrowers in the event any payment is made by any Borrower hereunder to the Agent or the Lender (such payment being referred to herein as a “Contribution”, and for purposes of this Section, includes any exercise of recourse by the Agent or the Lender against any Property of a Borrower and application of proceeds of such Property in satisfaction of such Borrower’s obligations to the Agent and the Lender under the Loan Documents).
Contributions and Waivers. 9.3.1 As a result of the transactions contemplated by this Agreement, each Property Owner will benefit, directly and indirectly, from each Property Owner’s obligation to pay the Debt and in consideration therefor each Property Owner desires to enter into an allocation and contribution agreement among themselves as set forth in this Section 9.3 to allocate such benefits among themselves and to provide a fair and equitable agreement to make contributions among each Property Owner in the event any payment is made by any Property Owner hereunder to Lenders (such payment being referred to herein as a “Contribution,” and for purposes of this Section 9.3.1, includes any exercise of recourse by the Administrative Agent or the Collateral Agent (not in its individual capacity but solely in its capacity as Collateral Agent on behalf of the Administrative Agent for the benefit of the Secured Parties) against any Collateral of a Property Owner and application of proceeds of such Collateral in full or partial satisfaction of such Borrowers’ Obligations).
Contributions and Waivers. CROSS-DEFAULT; CROSS-COLLATERALIZATION.
