Common use of Delivery of Loan Documents Title Insurance Reports Leases Clause in Contracts

Delivery of Loan Documents Title Insurance Reports Leases. (i) Mortgages, Assignments of Leases, Assignments of Agreements. ----------------------------------------------------------- Lender shall have received from Borrower fully executed and acknowledged counterparts of the Mortgage, the Assignment of Leases and Assignments of the Agreements relating to the Properties and evidence that counterparts of the Mortgage and the Assignment of Leases have been delivered to the title company for recording, in the reasonable judgment of Lender, so as to effectively create upon such recording valid and enforceable Liens upon such Properties, of the requisite priority, in favor of Lender (or such other trustee as may be required or desired under local law), subject only to the Permitted Encumbrances and such other Liens as are permitted pursuant to the Loan Documents. Lender shall have also received from Borrower fully executed counterparts of the Environmental Indemnity.

Delivery of Loan Documents Title Insurance Reports Leases. (i) Mortgages, Mortgages and Assignments of Leases, Assignments of AgreementsLeases. ----------------------------------------------------------- ---------------------------------------------------------- Lender shall have received from each Individual Borrower holding title to an Individual Property as of the date hereof fully executed and acknowledged counterparts of the Mortgage, Mortgage and the Assignment of Leases and Assignments of the Agreements relating to the Properties each such Individual Property and evidence that counterparts of the Mortgage such Mortgages and the Assignment Assignments of Leases have been delivered to the title company for recording, in the reasonable judgment of Lender, so as to effectively create upon such recording valid and enforceable Liens upon each such PropertiesIndividual Property, of the requisite priority, in favor of Lender (or such other trustee as may be required or desired under local law), subject only to the Permitted Encumbrances and such other Liens as are permitted pursuant to the Loan Documents. Lender shall have also received from each such Individual Borrower fully executed counterparts of the Environmental IndemnityIndemnity relating to each such Individual Property.

Delivery of Loan Documents Title Insurance Reports Leases. (ia) MortgagesSECURITY INSTRUMENT, Assignments of Leases, Assignments of AgreementsASSIGNMENT OF LEASES AND OTHER LOAN DOCUMENTS. ----------------------------------------------------------- Lender shall have received from Borrower fully executed and acknowledged counterparts of the Mortgage, Security Instrument and the Assignment of Leases and Assignments of the Agreements relating to the Properties and evidence that counterparts of the Mortgage Security Instrument and the Assignment of Leases have been delivered to the title company for recording, in the reasonable judgment of Lender, so as to effectively create upon such recording valid and enforceable Liens liens upon such Propertieseach Individual Property, of the requisite priority, in favor of Lender (or such other trustee as may be required or desired under local law), subject only to the Permitted Encumbrances and such other Liens as are permitted pursuant to the Loan Documents. Lender shall have also received from (i) Borrower fully executed counterparts of the Environmental Indemnity, Cash Management Agreement and Assignment of Management Agreement and (ii) Guarantor, a fully executed counterpart of the Guaranty.

Delivery of Loan Documents Title Insurance Reports Leases. (ia) Mortgages, Assignments of Leases, Assignments of Agreements. ----------------------------------------------------------- Lender shall have received from Borrower Borrowers fully executed and acknowledged counterparts of the Mortgage, Mortgages and the Assignment Assignments of Leases and Assignments of the Agreements relating to the Properties Property and evidence that counterparts of the Mortgage Mortgages and the Assignment Assignments of Leases have been delivered to the title company for recording, in the reasonable judgment of Lender, so as to effectively create upon such recording valid and enforceable Liens upon such PropertiesProperty, of the requisite first priority, in favor of Lender (or such other trustee as may be required or desired under local law), subject only to the Permitted Encumbrances and such other Liens as are permitted pursuant to the Loan Documents. Lender shall have also received from Borrower Borrowers fully executed counterparts of the Environmental Indemnity, O&M Agreement, Assignment of Management Agreement and Subordination of Management Fees and Contribution Agreement.

Delivery of Loan Documents Title Insurance Reports Leases. (i) Mortgages, Assignments of LeasesMortgage, Assignments of Agreements. ----------------------------------------------------------- Lender shall have received from Borrower Borrowers fully executed and acknowledged counterparts of the each Mortgage, the Assignment of Leases and Assignments of the Agreements relating to appropriate UCC financing statements, each in form satisfactory for recording or filing in the Properties appropriate public records, and evidence 50 that counterparts of the Mortgage and the each Mortgage, Assignment of Leases and UCC financing statements shall have been delivered to the title company for recording, in the reasonable judgment of Lenderrecording or filing, so as to effectively create upon such recording a valid and enforceable Liens Lien upon such Propertieseach Property, of the requisite first lien priority, in favor of Lender (or such other a deed trustee as may be if required or desired under local law), subject only to the Permitted Encumbrances and such other Liens as are permitted pursuant to the Loan Documents. Lender shall have also received from Borrower fully executed counterparts of each of the Agreements with Managers, each Assignment of Agreements, the Environmental IndemnityIndemnity and each of the other Loan Documents.