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. (ii) If there are sufficient funds in Replacement Reserve Fund, Lender will be entitled, but not obligated, to deduct from the Replacement Reserve Fund the costs and expenses set forth in Section 4.04(b)(i). Lender will be entitled to charge Borrower for such costs and expenses and Borrower will pay the amount of such item(s) to Lender immediately after Notice from Lender to Borrower of such charge(s). (iii) If there are insufficient funds in the Replacement Reserve Fund, then Lender will be entitled to charge Borrower for the costs and expenses specified in Section 4.04(b)(i), and Borrower will pay the amount of such item(s) to Lender immediately after Notice from Lender to Borrower of such charge(s).

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. (ii) If there are sufficient funds in the Replacement Reserve Fund, Lender will be entitled, but not obligated, to deduct from the Replacement Reserve Fund the costs and expenses set forth in Section 4.04(b)(i). Lender will be entitled to charge Borrower for such costs and expenses and Borrower will pay the amount of such item(s) to Lender immediately after Notice from Lender to Borrower of such charge(s). (iii) If there are insufficient funds in the Replacement Reserve Fund, then Lender will be entitled to charge Borrower for the costs and expenses specified in Section 4.04(b)(i), and Borrower will pay the amount of such item(s) to Lender immediately after Notice from Lender to Borrower of such charge(s).

Costs Charged by Xxxxxx. (i) If XxxxxxFunding Lender, in Funding 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, Funding Lender may charge Borrower an amount sufficient to pay all reasonable costs and expenses charged by such third party inspector. (ii) If there are sufficient funds in Replacement Reserve Fund, Funding Lender will be entitled, but not obligated, to deduct from the Replacement Reserve Fund the costs cost and expenses set forth in Section 4.04(b)(i). Funding Lender will be entitled to charge Borrower for such costs and expenses and Borrower will pay the amount of such item(s) to Funding Lender immediately after Notice from Funding Lender to Borrower of such charge(s). (iii) If there are insufficient funds in the Replacement Reserve Fund, then Funding Lender will be entitled to charge Borrower for the costs and expenses specified in Section 4.04(b)(i), and Borrower will pay the amount of such item(s) to Funding Lender immediately after Notice from Funding Lender to Borrower of such charge(s).

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. (ii) If there are sufficient funds in Replacement Reserve Fund, Lender will be entitled, but not obligated, to deduct from the Replacement Repair Reserve Fund the costs and expenses set forth in Section 4.04(b)(i4.03(b)(i). Lender will be entitled to charge Borrower for such costs and expenses and Borrower will pay the amount of such item(s) to Lender immediately after Notice from Lender to Borrower of such charge(s). (iii) If there are insufficient funds to pay for the costs and expenses set forth in the Replacement Reserve FundSection 4.03(b)(i), then Lender will be entitled to charge Borrower for the costs and expenses specified in Section 4.04(b)(i4.03(b)(i), and Borrower will pay the amount of such item(s) to Lender immediately after Notice from Lender to Borrower of such charge(s).

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. (ii) If there are sufficient funds in Replacement Reserve Fund, Lender will be entitled, but not obligated, to deduct from the Replacement Reserve Fund the costs and expenses set forth in Section 4.04(b)(i). Lender will be entitled to charge Borrower for such costs and expenses and Borrower will pay the amount of such item(s) to Lender immediately after Notice from Lender to Borrower of such charge(s). (iii) If there are insufficient funds in the Replacement Reserve Fund, then Lender will be entitled to charge Borrower for the costs and expenses specified in Section 4.04(b)(i), and Borrower will pay the amount of such item(s) to Lender immediately after Notice from Lender to Borrower of such charge(s).. Rider to Multifamily Loan and Security Agreement Page 1 Replacement Reserve Fund – Immediate Deposits