Common use of ORIGINAL BORROWER Clause in Contracts

ORIGINAL BORROWER. New Borrower and Lender hereby acknowledge that the Cap Agreement (as defined in the Assignment of Rate Cap Agreement) has been novated pursuant to a Novation Confirmation dated on or about the Effective Date executed by SMBC Capital Markets, Inc., New Borrower and Original Borrower.

Appears in 3 contracts

Samples: Assumption and Release Agreement (W2007 Grace Acquisition I Inc), Assumption and Release Agreement (W2007 Grace Acquisition I Inc), Assumption and Release Agreement (American Realty Capital Hospitality Trust, Inc.)

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ORIGINAL BORROWER. New Borrower and Lender hereby acknowledge that the Cap Agreement (as defined in the Assignment of Rate Cap Agreement) has been novated pursuant to a Novation Confirmation dated on or about the Effective Date executed by SMBC Capital Markets, Inc., New Borrower and Original Borrower.. Assumption Agreement Berkadia Loan No. 00-0000000 & 00-0000000

Appears in 1 contract

Samples: Assumption and Release Agreement (American Realty Capital Hospitality Trust, Inc.)

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