Common use of Lending Practices Clause in Contracts

Lending Practices. On financings made available to the Company by the Advisor, the Advisor may not receive interest in excess of the lesser of the Advisor’s cost of funds or the amounts that would be charged by unrelated lending institutions on comparable loans for the same purpose. The Advisor shall not impose a prepayment charge or penalty in connection with such financings and the Advisor shall not receive points or other financing charges. The Advisor shall be prohibited from providing permanent financing for the Company. For purposes of this Section 6.8, “permanent financing” shall mean any financing with a term in excess of twelve (12) months.

Lending Practices. On financings made available to the Company by the AdvisorAdviser, the Advisor Adviser may not receive interest in excess of the lesser of the AdvisorAdviser’s cost of funds or the amounts that would be charged by unrelated lending institutions on comparable loans for the same purpose. The Advisor Adviser shall not impose a prepayment charge or penalty in connection with such financings and the Advisor Adviser shall not receive points or other financing charges. The Advisor Adviser shall be prohibited from providing permanent financing for the Company. For purposes of this Section 6.810.8, “permanent financing” shall mean any financing with a term in excess of twelve (12) months.

Lending Practices. On financings made available to the Company by the AdvisorAdviser, the Advisor Adviser may not receive interest in excess of the lesser of the AdvisorAdviser’s cost of funds or the amounts that would be charged by unrelated lending institutions on comparable loans for the same purpose. The Advisor Adviser shall not impose a prepayment charge or penalty in connection with such financings and the Advisor Adviser shall not receive points or other financing charges. The Advisor Adviser shall be prohibited from providing permanent financing for the Company. For purposes of this Section 6.810.8, “permanent financing” shall mean any financing with a term in excess of twelve (12) months.

Lending Practices. On financings made available to the Company by the AdvisorAdviser, the Advisor Adviser may not receive interest in excess of the lesser of the AdvisorAdviser’s cost of funds or the amounts that would be charged by unrelated lending institutions on comparable loans for the same purpose. The Advisor Adviser shall not impose a prepayment charge or penalty in connection with such financings and the Advisor Adviser shall not receive points or other financing charges. The Advisor Adviser shall be prohibited from providing permanent financing for the Company. For purposes of this Section 6.810.8, “permanent financing” shall mean any financing with a term in excess of twelve (12) months.. ​ ​

Lending Practices. On financings made available to the Company Trust by the AdvisorAdviser, the Advisor Adviser may not receive interest in excess of the lesser of the AdvisorAdviser’s cost of funds or the amounts that would be charged by unrelated lending institutions on comparable loans for the same purpose. The Advisor Adviser shall not impose a prepayment charge or penalty in connection with such financings and the Advisor Adviser shall not receive points or other financing charges. The Advisor Adviser shall be prohibited from providing permanent financing for the CompanyTrust. For purposes of this Section 6.814.8, “permanent financing” shall mean any financing with a term in excess of twelve (12) months.