Common use of Cross-Collateralized/Cross-Defaulted Loan Pool Clause in Contracts

Cross-Collateralized/Cross-Defaulted Loan Pool. The Loan is part of a cross-collateralized/cross-defaulted pool of loans described as follows: ____ being simultaneously made to Borrower and/or Borrower’s Affiliates ____ made previously to Borrower and/or Borrower’s Affiliates The intended use of any cash received by Borrower from Lender, to the extent applicable, in connection with the Loan and the other loans comprising the cross-collateralized/cross-defaulted loan pool has been fully disclosed to Lender.

Appears in 15 contracts

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

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Cross-Collateralized/Cross-Defaulted Loan Pool. The Loan is part of a cross-collateralized/cross-defaulted pool of loans described as follows: ____ being simultaneously made to Borrower and/or Borrower’s Affiliates ____ made previously to Borrower and/or Borrower’s Affiliates The intended use of any cash received by Borrower from Lender, to the extent applicable, in connection with the Loan and the other loans comprising the cross-collateralized/cross-defaulted loan pool has been fully disclosed to Lender. 5.25 through 5.39 are Reserved.

Appears in 6 contracts

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

Cross-Collateralized/Cross-Defaulted Loan Pool. The Loan is part of a cross-collateralized/cross-defaulted pool of loans described as follows: ____ ¨ being simultaneously made to Borrower and/or Borrower’s Affiliates ____ ¨ made previously to Borrower and/or Borrower’s Affiliates The intended use of any cash received by Borrower from Lender, to the extent applicable, in connection with the Loan and the other loans comprising the cross-collateralized/cross-defaulted loan pool has been fully disclosed to Lender.

Appears in 5 contracts

Samples: Multifamily Loan and Security Agreement (Independence Realty Trust, Inc), Multifamily Loan and Security Agreement (Independence Realty Trust, Inc), Multifamily Loan and Security Agreement (Independence Realty Trust, Inc)

Cross-Collateralized/Cross-Defaulted Loan Pool. The Loan is part of a cross-collateralized/cross-defaulted pool of loans described as follows: ____ being simultaneously made to Borrower and/or Borrower’s Affiliates ____ made previously to Borrower and/or Borrower’s Affiliates The intended use of any cash received by Borrower from Lender, to the extent applicable, in connection with the Loan and the other loans comprising the cross-collateralized/cross-defaulted loan pool has been fully disclosed to Lender.:

Appears in 3 contracts

Samples: Multifamily Loan and Security Agreement (New Senior Investment Group Inc.), Multifamily Loan and Security Agreement (New Senior Investment Group Inc.), Multifamily Loan and Security Agreement (Care Investment Trust Inc.)

Cross-Collateralized/Cross-Defaulted Loan Pool. The Loan is part of a cross-collateralized/cross-defaulted pool of loans described as follows: ____ being simultaneously made to Borrower and/or Borrower’s Affiliates ____ made previously to Borrower and/or Borrower’s Affiliates The intended use of any cash received by Borrower from Lender, to the extent applicable, in connection with the Loan and the other loans comprising the cross-collateralized/cross-defaulted loan pool has been fully disclosed to Lender.

Appears in 3 contracts

Samples: Multifamily Loan and Security Agreement (Resource Apartment REIT III, Inc.), Multifamily Loan and Security Agreement (CNL Growth Properties, Inc.), Multifamily Loan and Security Agreement (KBS Legacy Partners Apartment REIT, Inc.)

Cross-Collateralized/Cross-Defaulted Loan Pool. The Loan is part of a cross-collateralized/cross-defaulted pool of loans described as follows: ____ being simultaneously made to Borrower and/or Borrower’s Affiliates ____ made previously to by Borrower and/or Borrower’s Affiliates The intended use of any cash received by Borrower from Lender, to the extent applicable, in connection with the Loan and the other loans comprising the cross-collateralized/cross-defaulted loan pool has been fully disclosed to Lender.

Appears in 2 contracts

Samples: Multifamily Loan and Security Agreement (KBS Legacy Partners Apartment REIT, Inc.), Multifamily Loan and Security Agreement (KBS Legacy Partners Apartment REIT, Inc.)

Cross-Collateralized/Cross-Defaulted Loan Pool. The Loan is part of a cross-collateralized/cross-defaulted pool of loans described as follows: ____ being simultaneously made to Borrower and/or Borrower’s Affiliates ____ made previously to by Borrower and/or Borrower’s Affiliates The intended use of any cash received by Borrower from Lender, to the extent applicable, in connection with the Loan and the other loans comprising the cross-collateralized/cross-defaulted loan pool has been fully disclosed to Lender.

Appears in 1 contract

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

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Cross-Collateralized/Cross-Defaulted Loan Pool. The Loan is part of a cross-cross- collateralized/cross-defaulted pool of loans described as follows: ____ _being simultaneously made to Borrower and/or Borrower’s 's Affiliates ____ _made previously to Borrower and/or Borrower’s 's Affiliates The intended use of any cash received by Borrower from Lender, to the extent applicable, in connection with the Loan and the other loans comprising the cross-cross- collateralized/cross-defaulted loan pool has been fully disclosed to Lender.

Appears in 1 contract

Samples: Multifamily Loan and Security Agreement (Bluerock Residential Growth REIT, Inc.)

Cross-Collateralized/Cross-Defaulted Loan Pool. The Loan is part of a cross-collateralized/cross-defaulted pool of loans described as follows: ____ [CHECK ALL THAT ARE APPLICABLE] being simultaneously made to Borrower and/or Borrower’s Affiliates ____ made previously to Borrower and/or Borrower’s Affiliates The intended use of any cash received by Borrower from Lender, to the extent applicable, in connection with the Loan and the other loans comprising the cross-collateralized/cross-defaulted loan pool has been fully disclosed to Lender.

Appears in 1 contract

Samples: Multifamily Loan and Security Agreement (New England Realty Associates Limited Partnership)

Cross-Collateralized/Cross-Defaulted Loan Pool. The Loan is part of a cross-collateralized/cross-defaulted pool of loans described as follows: [CHECK ALL THAT ARE APPLICABLE] ____ being simultaneously made to or assumed by Borrower and/or Borrower’s Affiliates ____ made previously to Borrower and/or Borrower’s Affiliates The Borrower has fully disclosed to Lender the intended use of any cash received by Borrower from Lender, to the extent applicable, in connection with the Loan and the other loans comprising the cross-collateralized/cross-defaulted loan pool has been fully disclosed to Lenderpool.

Appears in 1 contract

Samples: Multifamily Loan and Security Agreement

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