Common use of Crowdfunding Clause in Contracts

Crowdfunding. Borrower and each Borrower Principal will not permit direct or indirect ownership (or other economic) interests of 25% or more in Borrower or any Borrower Principal that have been marketed or sold to investors through any form of Crowdfunding.

Appears in 15 contracts

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

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Crowdfunding. Borrower and each Borrower Principal will not permit direct or indirect ownership (or other economic) interests of 25% or more in Borrower or any Borrower Principal that have been marketed or sold to investors through any form fund of Crowdfunding.

Appears in 6 contracts

Samples: Loan Agreement (Vinebrook Homes Trust, Inc.), Loan Agreement, Loan Agreement (Reven Housing REIT, Inc.)

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