Reinstatement of Deposits to Replacement Reserve Fund. Notwithstanding Section 4.04(e) above, Lender reserves the right to require at any time, upon Notice to Borrower, that Borrower begin making the Monthly Deposit and/or the Revised Monthly Deposit, as applicable, upon the occurrence of a default under this Loan Agreement or any other Loan Document.
Appears in 8 contracts
Samples: Multifamily Loan and Security Agreement (Inland Residential Properties Trust, Inc.), Multifamily Loan and Security Agreement (Independence Realty Trust, Inc), Multifamily Loan and Security Agreement (Independence Realty Trust, Inc)
Reinstatement of Deposits to Replacement Reserve Fund. Notwithstanding Section 4.04(e) above, Funding Lender reserves the right to require at any time, upon Notice to Borrower, that Borrower begin making the Monthly Deposit and/or the Revised Monthly Deposit, as applicable, upon the occurrence of a default under this Loan Continuing Covenant Agreement or any other Loan Financing Document.
Appears in 2 contracts
Samples: Continuing Covenant Agreement, Continuing Covenant Agreement
Reinstatement of Deposits to Replacement Reserve Fund. Notwithstanding Section 4.04(e) above, Lender reserves the right to require at any time, upon Notice to Borrower, that Borrower begin making the Monthly Deposit and/or the Revised Monthly Deposit, as applicable, upon the occurrence of a default under this Loan Agreement or any other Loan Document.
C. The following definition is added to Article XII:
Appears in 1 contract
Samples: Loan Agreement
