Common use of Reimbursement of Lender Clause in Contracts

Reimbursement of Lender. Borrower shall reimburse Lender for all Loan Expenses immediately upon written demand. Such reimbursement obligations shall bear interest following written demand at the Default Rate until paid, and shall be secured by the Security Documents. Such reimbursement obligations shall survive the cancellation of the Note and the release and reconveyance of the Loan Documents.

Appears in 2 contracts

Samples: Construction Loan Agreement (Bluerock Enhanced Multifamily Trust, Inc.), Construction Loan Agreement (Bluerock Enhanced Multifamily Trust, Inc.)

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Reimbursement of Lender. Borrower shall reimburse Lender for all Loan Expenses immediately upon written demand. Such reimbursement obligations shall bear interest following written demand at the Default Rate until paid, and shall be secured by the Security Documents. Such reimbursement obligations shall survive the cancellation of the Note and the release and reconveyance of the Loan Security Documents.

Appears in 1 contract

Samples: Construction Loan Agreement (CNL Growth Properties, Inc.)

Reimbursement of Lender. Borrower shall reimburse Lender for all expenses incurred in making or administering the Loan Expenses immediately promptly upon written demand. Such reimbursement obligations shall bear interest following written demand at the Default Rate until paid, and shall be secured by the Security Loan Documents. Such reimbursement obligations shall survive the cancellation of the Note and the release and reconveyance of the Loan Documents.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Global Self Storage, Inc.)

Reimbursement of Lender. Borrower Obligors shall reimburse Lender for all Loan Expenses immediately upon written demand. Such reimbursement obligations shall bear interest following written demand at the Default Rate until paid, and shall be secured by the Security Loan Documents. Such reimbursement obligations shall survive the cancellation of the Note and the release and reconveyance of the Loan Documents.

Appears in 1 contract

Samples: Loan Agreement (Lodging Fund REIT III, Inc.)

Reimbursement of Lender. Borrower shall reimburse Lender for all Loan Expenses immediately upon written demand. Such reimbursement obligations shall bear interest following written demand at the Default Rate until paidRate, and shall be secured by the Security Documents. Such reimbursement obligations shall survive the cancellation of the Note and the release and reconveyance of the Loan Security Documents.

Appears in 1 contract

Samples: Loan Agreement (Jagged Peak, Inc.)

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Reimbursement of Lender. Borrower shall reimburse Lender for all reasonable, documented, out-of-pocket Loan Expenses immediately upon written demand. Such reimbursement obligations shall bear interest following written demand at the Default Rate until paidRate, and shall be secured by the Security Loan Documents. Such reimbursement obligations shall survive the cancellation of the either Note and the release and reconveyance of the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (JetPay Corp)

Reimbursement of Lender. Borrower shall reimburse Lender for all Loan Expenses immediately upon written demand. Such reimbursement obligations shall bear interest following written demand at the Default Rate until paidRate, and shall be secured by the Security Loan Documents. Such reimbursement obligations shall survive the cancellation of the Note and the release and reconveyance of the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (JetPay Corp)

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