Common use of Maintenance of Records by Lender Clause in Contracts

Maintenance of Records by Lender. Lender shall maintain records of the monthly and aggregate Imposition Deposits held by Lender for the purpose of paying Taxes, insurance premiums and each other obligation of Borrower for which Imposition Deposits are required.

Appears in 6 contracts

Samples: Multifamily Loan and Security Agreement (Bluerock Residential Growth REIT, Inc.), Multifamily Loan and Security Agreement (Independence Realty Trust, Inc), Multifamily Loan and Security Agreement (Steadfast Income REIT, Inc.)

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Maintenance of Records by Lender. Lender shall maintain records of the monthly and aggregate Imposition Deposits held by Lender for the purpose of paying Taxes, insurance premiums premiums, and each other obligation of Borrower for which Imposition Deposits are required.

Appears in 3 contracts

Samples: Master Credit Facility Agreement (Steadfast Apartment REIT, Inc.), Multifamily Loan and Security Agreement, Master Credit Facility Agreement (Brookdale Senior Living Inc.)

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