Common use of Mortgage Borrower Distributions Clause in Contracts

Mortgage Borrower Distributions. All transfers of Mortgage Borrower’s funds from the Lockbox Account or other sources to or for the benefit of the Lender, the Borrower, the Mezzanine A Lender, the Mezzanine A Borrower, the Mezzanine B Lender, the Mezzanine B Borrower, the Mezzanine D Lender, the Mezzanine D Borrower, the Mezzanine E Lender or the Mezzanine E Borrower pursuant to this Agreement, the Mortgage Loan Documents, the Mezzanine A Loan Documents, the Mezzanine B Loan Documents, the Mezzanine D Loan Documents, the Mezzanine E Loan Documents or any of the other Loan Documents, are intended by Borrower, the Mortgage Borrower, the Mezzanine A Borrower, the Mezzanine B Borrower, the Mezzanine D Borrower and the Mezzanine E Borrower to constitute and shall constitute distributions from the Mortgage Borrower to the Mezzanine A Borrower, from the Mezzanine A Borrower to the Mezzanine B Borrower, from the Mezzanine B Borrower to Borrower, and from Borrower to the Mezzanine D Borrower, from the Mezzanine D Borrower to the Mezzanine E Borrower, as applicable, and, in each case, must comply with the requirements as to distributions of the Delaware Limited Liability Company Act. No provision of the Loan Documents shall create a debtor-creditor relationship between Mortgage Borrower and any of the Lender, the Mezzanine A Lender, the Mezzanine B Lender, the Mezzanine D Lender or the Mezzanine E Lender.

Mortgage Borrower Distributions. All transfers of Mortgage Borrower’s funds from the Lockbox Account or other sources to or for the benefit of the Lender, the Borrower, the Mezzanine A Lender, the Mezzanine A Borrower, the Mezzanine B Lender, the Mezzanine B Borrower, the Mezzanine C Lender, the Mezzanine C Borrower, the Mezzanine D Lender, the Mezzanine D Borrower, the Mezzanine E Lender or the Mezzanine E Borrower pursuant to this Agreement, the Mortgage Loan Documents, the Mezzanine A B Loan Documents, the Mezzanine B C Loan Documents, the Mezzanine D Loan Documents, the Mezzanine E Loan Documents or any of the other Loan Documents, are intended by Borrower, the Mortgage Borrower, the Mezzanine A B Borrower, the Mezzanine B C Borrower, the Mezzanine D Borrower and the Mezzanine E Borrower to constitute and shall constitute distributions from the Mortgage Borrower to the Mezzanine A Borrower, from the Mezzanine A Borrower to the Mezzanine B Borrower, from the Mezzanine B Borrower to the Mezzanine C Borrower, and from the Mezzanine C Borrower to the Mezzanine D Borrower, Borrower and from the Mezzanine D Borrower to the Mezzanine E Borrower, as applicable, and, in each case, must comply with the requirements as to distributions of the Delaware Limited Liability Company Act. No provision of the Loan Documents shall create a debtor-creditor relationship between Mortgage Borrower and any of the Lender, the Mezzanine A B Lender, the Mezzanine B C Lender, the Mezzanine D Lender or the Mezzanine E Lender.

Mortgage Borrower Distributions. All transfers of Mortgage Borrower’s funds from the Lockbox Account or other sources to or for the benefit of the Lender, the Borrower, the Mezzanine A Lender, the Mezzanine A Borrower, the Mezzanine B C Lender, the Mezzanine B C Borrower, the Mezzanine D Lender, the Mezzanine D Borrower, the Mezzanine E Lender or the Mezzanine E Borrower pursuant to this Agreement, the Mortgage Loan Documents, the Mezzanine A Loan Documents, the Mezzanine B C Loan Documents, the Mezzanine D Loan Documents, the Mezzanine E Loan Documents or any of the other Loan Documents, are intended by Borrower, the Mortgage Borrower, the Mezzanine A Borrower, the Mezzanine B C Borrower, the Mezzanine D Borrower and the Mezzanine E Borrower to constitute and shall constitute distributions from the Mortgage Borrower to the Mezzanine A Borrower, from the Mezzanine A Borrower to Borrower, from the Borrower to the Mezzanine B C Borrower, from the Mezzanine B Borrower to Borrower, and from C Borrower to the Mezzanine D Borrower, Borrower and from the Mezzanine D Borrower to the Mezzanine E Borrower, as applicable, and, in each case, must comply with the requirements as to distributions of the Delaware Limited Liability Company Act. No provision of the Loan Documents shall create a debtor-creditor relationship between Mortgage Borrower and any of the Lender, the Mezzanine A Lender, the Mezzanine B C Lender, the Mezzanine D Lender or the Mezzanine E Lender.

Mortgage Borrower Distributions. All transfers of Mortgage Borrower’s funds from the Lockbox Account or other sources to or for the benefit of the Lender, the Borrower, the Mezzanine A Lender, the Mezzanine A Borrower, the Mezzanine B Lender, the Mezzanine B Borrower, the Mezzanine D C Lender, the Mezzanine D C Borrower, the Mezzanine E D Lender or the Mezzanine E D Borrower pursuant to this Agreement, the Mortgage Loan Documents, the Mezzanine A Loan Documents, the Mezzanine B Loan Documents, the Mezzanine D C Loan Documents, the Mezzanine E D Loan Documents or any of the other Loan Documents, are intended by Borrower, the Mortgage Borrower, the Mezzanine A Borrower, the Mezzanine B Borrower, the Mezzanine D C Borrower and the Mezzanine E D Borrower to constitute and shall constitute distributions from the Mortgage Borrower to the Mezzanine A Borrower, from the Mezzanine A Borrower to the Mezzanine B Borrower, from the Mezzanine B Borrower to the Mezzanine C Borrower, and from the Mezzanine C Borrower to the Mezzanine D Borrower, Borrower and from the Mezzanine D Borrower to the Mezzanine E Borrower, as applicable, and, in each case, must comply with the requirements as to distributions of the Delaware Limited Liability Company Act. No provision of the Loan Documents shall create a debtor-creditor relationship between Mortgage Borrower and any of the Lender, the Mezzanine A Lender, the Mezzanine B Lender, the Mezzanine D C Lender or the Mezzanine E D Lender.

Mortgage Borrower Distributions. All transfers of Mortgage Borrower’s funds from the Lockbox Account or other sources to or for the benefit of the Lender, the Borrower, the Mezzanine A Lender, the Mezzanine A Borrower, the Mezzanine B Lender, the Mezzanine B Borrower, the Mezzanine D C Lender, the Mezzanine D C Borrower, the Mezzanine E Lender or the Mezzanine E Borrower pursuant to this Agreement, the Mortgage Loan Documents, the Mezzanine A Loan Documents, the Mezzanine B Loan Documents, the Mezzanine D C Loan Documents, the Mezzanine E Loan Documents or any of the other Loan Documents, are intended by Borrower, the Mortgage Borrower, the Mezzanine A Borrower, the Mezzanine B Borrower, the Mezzanine D C Borrower and the Mezzanine E Borrower to constitute and shall constitute distributions from the Mortgage Borrower to the Mezzanine A Borrower, from the Mezzanine A Borrower to the Mezzanine B Borrower, from the Mezzanine B Borrower to Borrower, and from Borrower to the Mezzanine D C Borrower, from the Mezzanine D C Borrower to Borrower, from Borrower to the Mezzanine E Borrower, as applicable, and, in each case, must comply with the requirements as to distributions of the Delaware Limited Liability Company Act. No provision of the Loan Documents shall create a debtor-creditor relationship between Mortgage Borrower and any of the Lender, the Mezzanine A Lender, the Mezzanine B Lender, the Mezzanine D C Lender or the Mezzanine E Lender.