Common use of Florida Clause in Contracts

Florida. The following Florida provision does not limit the express choice of New York law set forth in Section 9.3 of this Agreement and as set forth in the other Loan Documents, and is set forth herein, if and to the extent that, notwithstanding the choice of law provisions contained in this Agreement and the other Loan Documents, Florida law is held to govern this Agreement, any Mortgage Document encumbering a Property located in Florida or any other Loan Document: (a) The parties acknowledge and agree that the Default Rate provided for herein shall also be the rate of interest payable on any judgments entered in favor of Lender in connection with the loan evidenced hereby.

Appears in 14 contracts

Samples: Loan Agreement (Starwood Waypoint Homes), Loan Agreement (Altisource Residential Corp), Loan Agreement (Colony Starwood Homes)

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