Common use of Cooperation in Syndication Clause in Contracts

Cooperation in Syndication. (i) Borrower agrees to use (and cause its Affiliates to use) commercially reasonable efforts to assist Lender in completing a Syndication satisfactory to Lender. Such assistance shall include the following, in each case, as reasonably requested by Lender (i) direct contact between senior management and advisors of Borrower, Sponsor and Guarantor and the proposed Co-Lenders, (ii) provision of information for use in the preparation of a confidential information memorandum and other marketing materials to be used in connection with the Syndication, (iii) the hosting, with Lender, of one or more meetings of prospective Co-Lenders or with the Rating Agencies, and (iv) working with Lender to procure a rating for the Loan by the Rating Agencies.

Appears in 8 contracts

Samples: Mezzanine B Loan Agreement (NorthStar Healthcare Income, Inc.), Loan Agreement (NorthStar Healthcare Income, Inc.), Loan Agreement (Northstar Realty Finance Corp.)

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Cooperation in Syndication. (i) Borrower agrees to use (and cause its Affiliates to use) commercially reasonable efforts to assist Lender in completing a Syndication satisfactory to Lender. Such assistance shall include the following, in each case, as reasonably requested by Lender (i) direct contact between senior management and advisors of Borrower, Sponsor Borrower and Guarantor and the proposed Co-Lenders, (ii) provision of information for use in the preparation review of a confidential information memorandum and other marketing materials to be used in connection with the SyndicationSyndication prepared by Lender (it being agreed that Borrower shall cooperate in providing such information as Lender shall reasonably require in connection with the preparation of said memorandum and/or marketing materials), (iii) the hostingparticipation, with Lender, of one or more meetings of prospective Co-Lenders or with the Rating Agencies, (iv) the delivery of appraisals satisfactory to Lender if required, and (ivv) working with Lender to procure a rating for the Loan by the Rating Agencies.

Appears in 2 contracts

Samples: Loan Agreement (Clipper Realty Inc.), Loan Agreement (Clipper Realty Inc.)

Cooperation in Syndication. (i) Borrower agrees to use (and cause its Affiliates to use) commercially reasonable efforts to assist Lender Lxxxxx in completing a Syndication satisfactory to Lender. Such assistance shall include the following, in each case, as reasonably requested by Lender Lxxxxx (i) direct contact between senior management and advisors of Borrower, Sponsor Borrower and Guarantor and the proposed Co-Lenders, (ii) provision of information for use in the preparation of a confidential information memorandum and other marketing materials to be used in connection with the Syndication, (iii) the hosting, with Lender, of one or more meetings of prospective Co-Lenders or with the Rating Agencies, and (iv) working with Lender to procure a rating for the Loan by the Rating Agencies.. 139

Appears in 1 contract

Samples: Loan Agreement (Istar Inc.)

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Cooperation in Syndication. (i) Borrower agrees to use (and cause its Affiliates to use) commercially reasonable efforts to assist Lender in completing a Syndication satisfactory to Lender. Such assistance shall include the following, in each case, as reasonably requested by Lender (i) direct contact between senior management and advisors of Borrower, Sponsor Borrower and Guarantor and the proposed Co-Lenders, (ii) provision of information for use in the preparation of a confidential information memorandum and other marketing materials to be used in connection with the Syndication, (iii) the hosting, with Lender, of one or more meetings of prospective Co-Lenders or with the Rating Agencies, and (iv) working with Lender to procure a rating for the Loan by the Rating Agencies.

Appears in 1 contract

Samples: Loan Agreement (Safety, Income & Growth, Inc.)

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