Common use of Delaware Statutory Trusts Clause in Contracts

Delaware Statutory Trusts. 1. In lieu of the Loan Agreement specified in Section I above, use Multifamily Loan and Security Agreement (Non-Recourse) (Delaware Statutory Trust) (6001.NR.DST) (the “DST Loan Agreement”). 2. In lieu of a Schedule 1 identified in Section II above, use one of the following, as applicable: (a) Schedule 1 to Multifamily Loan and Security Agreement – Definitions Schedule (Interest Rate Type – Fixed Rate) (Delaware Statutory Trust) (6101.FR.DST). (b) Schedule 1 to Multifamily Loan and Security Agreement – Definitions Schedule (Interest Rate Type – ARM 5/5 (SOFR)) (Delaware Statutory Trust) (6101.ARM.DST 5/5 (SOFR)). (c) Schedule 1 to Multifamily Loan and Security Agreement – Definitions Schedule (Interest Rate Type – ARM 7/6 (SOFR)) (Delaware Statutory Trust) (6101.ARM.DST 7/6 (SOFR)). (d) Schedule 1 to Multifamily Loan and Security Agreement – Definitions Schedule (Interest Rate Type – Structured ARM (SOFR)) (Delaware Statutory Trust) (6101.SARM.DST (SOFR)). 3. In lieu of a Schedule 2 identified in Section II above, use one of the following, as applicable: (a) Schedule 2 to Multifamily Loan and Security Agreement – Summary of Loan Terms (Interest Rate Type – Fixed Rate) (Master Lease) (0000.XX.XX). (b) Schedule 2 to Multifamily Loan and Security Agreement – Summary of Loan Terms (Interest Rate Type – ARM 5/5 (SOFR)) (Master Lease) (0000.XXX.XX 5/5 (SOFR)). (c) Schedule 2 to Multifamily Loan and Security Agreement – Summary of Loan Terms (Interest Rate Type – ARM 7/6 (SOFR)) (Master Lease) (0000.XXX.XX 7/6 (SOFR)). (d) Schedule 2 to Multifamily Loan and Security Agreement – Summary of Loan Terms (Interest Rate Type – Structured ARM (SOFR)) (Master Lease) (0000.XXXX.XX (SOFR)). 4. Schedules 3-9 to the DST Loan Agreement are as otherwise required for the Loan Agreement (with Schedules 5-9 embedded in the DST Loan Agreement). 5. Modifications to Security Instrument (Delaware Statutory Trust Master Lease Transactions) (6317.DST). 6. Opinion of Xxxxxxxx’s Counsel on Origination of Delaware Statutory Trust Mortgage Loan With Enforceability Opinion (6401.DST) 7. Assignment of Management Agreement (Delaware Statutory Trust) (6405.DST).

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

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Delaware Statutory Trusts. 1. In lieu of the Loan Agreement specified in Section I above, use Multifamily Loan and Security Agreement (Non-Recourse) (Delaware Statutory Trust) (6001.NR.DST) (the “DST Loan Agreement”). 2. In lieu of a Schedule 1 identified in Section II above, use one of the following, as applicable: (a) Schedule 1 to Multifamily Loan and Security Agreement – Definitions Schedule (Interest Rate Type – Fixed Rate) (Delaware Statutory Trust) (6101.FR.DST). (b) Schedule 1 to Multifamily Loan and Security Agreement – Definitions Schedule (Interest Rate Type – ARM 5/5 (SOFR)) (Delaware Statutory Trust) (6101.ARM.DST 5/5 (SOFR)). (c) Schedule 1 to Multifamily Loan and Security Agreement – Definitions Schedule (Interest Rate Type – ARM 7/6 (SOFR)) (Delaware Statutory Trust) (6101.ARM.DST 7/6 (SOFR)). (d) Schedule 1 to Multifamily Loan and Security Agreement – Definitions Schedule (Interest Rate Type – Structured ARM (SOFR)) (Delaware Statutory Trust) (6101.SARM.DST (SOFR)). 3. In lieu of a Schedule 2 identified in Section II above, use one of the following, as applicable: (a) Schedule 2 to Multifamily Loan and Security Agreement – Summary of Loan Terms (Interest Rate Type – Fixed Rate) (Master Lease) (0000.XX.XX). (b) Schedule 2 to Multifamily Loan and Security Agreement – Summary of Loan Terms (Interest Rate Type – ARM 5/5 (SOFR)) (Master Lease) (0000.XXX.XX 5/5 (SOFR)). (c) Schedule 2 to Multifamily Loan and Security Agreement – Summary of Loan Terms (Interest Rate Type – ARM 7/6 (SOFR)) (Master Lease) (0000.XXX.XX 7/6 (SOFR)). (d) Schedule 2 to Multifamily Loan and Security Agreement – Summary of Loan Terms (Interest Rate Type – Structured ARM (SOFR)) (Master Lease) (0000.XXXX.XX (SOFR)). 4. Schedules 3-9 to the DST Loan Agreement are as otherwise required for the Loan Agreement (with Schedules 5-9 embedded in the DST Loan Agreement). 5. Modifications to Security Instrument (Delaware Statutory Trust Master Lease Transactions) (6317.DST). 6. Opinion of Xxxxxxxx’s Counsel on Origination of Delaware Statutory Trust Mortgage Loan With Enforceability Opinion (6401.DST) 7. Assignment of Management Agreement (Delaware Statutory Trust) (6405.DST).

Appears in 1 contract

Samples: Loan Agreement

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