Rating Surveillance. Borrower will retain the Rating Agencies to provide rating surveillance services on any certificates issued in a Securitization. Such rating surveillance will be at the expense of Lender and such expense will be paid at the closing of the Securitization.
Appears in 4 contracts
Samples: Mezzanine Loan Agreement (Ashford Hospitality Trust Inc), Mezzanine Loan Agreement (Ashford Hospitality Trust Inc), Mezzanine Loan Agreement (Ashford Hospitality Trust Inc)
Rating Surveillance. Borrower will retain the Rating Agencies to provide rating surveillance services on any certificates issued in a Securitization. Such rating surveillance will be at the expense of Borrower in an amount determined by Lender in its reasonable discretion prior to the occurrence of a Securitization and such expense will be paid at the closing of the Securitization.
Appears in 4 contracts
Samples: Loan Agreement (Sun Communities Inc), Loan Agreement (Sun Communities Inc), Loan Agreement (Sun Communities Inc)
Rating Surveillance. Borrower will retain In the event Lender retains the Rating Agencies to provide rating surveillance services on any certificates issued in a Securitization. Such , such rating surveillance will be at the expense of Borrower in an amount determined by Lender in its reasonable discretion prior to the occurrence of a Securitization and such expense will be paid at the closing of the Securitization.
Appears in 2 contracts
Samples: Loan Agreement (Corporate Property Associates 15 Inc), Loan Agreement (Corporate Property Associates 16 Global Inc)
Rating Surveillance. Borrower will retain the Rating Agencies to provide rating surveillance services on any certificates issued in a Securitization. Such rating surveillance will be at the expense of Lender and Borrower (such expense will be paid at expense, the closing of the Securitization“Rating Surveillance Charge”).
Appears in 2 contracts
Samples: Loan Agreement (Host Marriott Corp/), Loan Agreement (Host Marriott L P)
Rating Surveillance. Borrower will retain the Rating Agencies to provide rating surveillance services on any certificates issued in a Securitization. Such rating surveillance will be at the expense of Borrower in an amount determined by Lender in its reasonable discretion prior to the occurrence of a Securitization and such expense (the “Rating Surveillance Charge”) will be paid at the closing of the Securitizationin monthly installments.
Appears in 2 contracts
Samples: Loan Agreement (American Financial Realty Trust), Loan Agreement (American Financial Realty Trust)
Rating Surveillance. Borrower will retain the Rating Agencies to provide rating surveillance services on any certificates issued in a Securitization. Such rating surveillance will be at the expense of Borrower in an amount determined by Lender in its reasonable discretion prior to the occurrence of a Securitization and such expense (the "RATING SURVEILLANCE CHARGE") will be paid at the closing of the Securitizationin monthly installments.
Appears in 1 contract
Rating Surveillance. Borrower will retain the Rating Agencies to provide rating surveillance services on any certificates issued in a Securitization. Such rating surveillance will be at the expense of Borrower in an amount determined by Lender in its reasonable discretion prior to the occurrence of a Securitization and such expense (the "Rating Surveillance Charge") will be paid at the closing of the Securitizationin monthly installments.
Appears in 1 contract
Rating Surveillance. Borrower will retain the Rating Agencies to provide rating surveillance services on any certificates issued in a Securitization. Such rating surveillance will be at the expense of Borrower in an amount determined by Lender and such expense will be paid at in its reasonable discretion prior to the closing occurrence of a Securitization (the Securitization"Rating Surveillance Charge").
Appears in 1 contract
Samples: Loan Agreement (Kindercare Learning Centers Inc /De)
Rating Surveillance. Borrower The Borrowers will retain the Rating Agencies to provide rating surveillance services on any certificates issued in a Securitization. Such The expense of such rating surveillance will be at services (the expense of Lender and such expense "Rating Surveillance Charge") will be paid at the closing of the Securitizationby Lender.
Appears in 1 contract
Rating Surveillance. Borrower will retain the Rating Agencies to provide rating surveillance services on any certificates issued in a Securitization. Such rating surveillance will be at the expense of Borrower in an amount determined by Lender and such in its reasonable discretion prior to the occurrence of a Securitization. Such expense will be paid at the closing of the Securitizationin monthly installments.
Appears in 1 contract
Samples: Construction Loan Agreement (Maui Land & Pineapple Co Inc)
