Common use of Rating Surveillance Clause in Contracts

Rating Surveillance. Lender will retain the Rating Agencies to provide rating surveillance services on Securities. Subject to the limitation contained in the last paragraph of Section 9.1.1, the pro rata share of such rating surveillance will be at the expense of Borrower.

Appears in 2 contracts

Samples: Loan Agreement (Brookdale Living Communities Inc), Loan Agreement (Brookdale Living Communities Inc)

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Rating Surveillance. Lender will retain the Rating Agencies to provide rating surveillance services on Securities. Subject to the limitation contained in the last paragraph of Section 9.1.1, the The pro rata share of such rating surveillance will be at the expense of Borrower, subject to the limitation on Borrower's costs contained in the last paragraph of Section 9.1.1.

Appears in 1 contract

Samples: Loan Agreement (Fac Realty Trust Inc)

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