Common use of Costs Charged by Xxxxxx Clause in Contracts

Costs Charged by Xxxxxx. (i) If Xxxxxx, in Xxxxxx’s Discretion, retains a professional inspection engineer or other qualified third party to inspect any Capital Replacements pursuant to the terms of Section 6.06, Lender may charge Borrower an amount sufficient to pay all reasonable costs and expenses charged by such third party inspector.

Appears in 5 contracts

Samples: Multifamily Loan and Security Agreement (Resource Apartment REIT III, Inc.), Multifamily Loan and Security Agreement (Resource Apartment REIT III, Inc.), Multifamily Loan and Security Agreement (Resource Apartment REIT III, Inc.)

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Costs Charged by Xxxxxx. (i) If Xxxxxx, in Xxxxxx’s Discretion, retains a professional inspection engineer or other qualified third party to inspect any Capital Replacements Repairs pursuant to the terms of Section 6.06, Lender Xxxxxx may charge Borrower an amount sufficient to pay all reasonable costs and expenses charged by such third party inspector.

Appears in 3 contracts

Samples: Multifamily Loan and Security Agreement (Resource Apartment REIT III, Inc.), Multifamily Loan and Security Agreement (Resource Apartment REIT III, Inc.), Multifamily Loan and Security Agreement (Steadfast Apartment REIT, Inc.)

Costs Charged by Xxxxxx. (i) If Xxxxxx, in Xxxxxx’s Discretion, retains a professional inspection engineer or other qualified third party to inspect any Capital Replacements Repairs pursuant to the terms of Section 6.06, Lender Xxxxxx may charge Borrower an amount sufficient to pay all reasonable costs and expenses charged by such third party inspector. Borrower will pay the amount of such item(s) to Lender immediately after Notice from Lender to Borrower of such charge(s).

Appears in 1 contract

Samples: Multifamily Loan and Security Agreement (Steadfast Apartment REIT, Inc.)

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Costs Charged by Xxxxxx. (i) If Xxxxxx, in Xxxxxx’s Discretion, retains a professional inspection engineer or other qualified third party to inspect any Capital Replacements pursuant to the terms of Section 6.06, Lender may charge Borrower an amount sufficient to pay all reasonable costs and expenses charged by such third third-party inspector.

Appears in 1 contract

Samples: Multifamily Loan and Security Agreement

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