Cross-Collateralization. Notwithstanding anything herein or in any of the other Loan Documents to the contrary, (a) the Loan and the Indebtedness shall be secured by each Individual Property, and (b) the Loan and the Indebtedness shall be cross-collateralized and cross-defaulted with each of the other “Loans” referenced in the Cooperation Agreement and the indebtedness relating thereto, each as described in and in accordance with the terms of the Cooperation Agreement.
Appears in 10 contracts
Samples: Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)
Cross-Collateralization. Notwithstanding anything herein or in any of the other Loan Documents to the contrary, (a) the Loan and the Indebtedness shall be secured by each Individual Property, and (b) the Loan and the Indebtedness shall be cross-collateralized and cross-defaulted with each of the other “"Loans” " referenced in the Cooperation Agreement and the indebtedness relating thereto, each as described in and in accordance with the terms of the Cooperation Agreement.
Appears in 6 contracts
Samples: Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)
