Repairs; No Immediate Deposits to Repair Reserve Fund. Lender and Borrower acknowledge that Borrower has not established the Repair Reserve Fund on the date of this Loan Agreement but that Borrower must complete the Repairs required pursuant to Section 6.14. Notwithstanding anything in this Section 4.03(a) to the contrary, if Borrower receives the Radon Remediation Notice, Borrower will be required to deposit the Radon Remediation Deposit as set forth in Section 4.03(h).
Appears in 7 contracts
Samples: Multifamily Loan and Security Agreement (Steadfast Apartment REIT, Inc.), Multifamily Loan and Security Agreement (Steadfast Apartment REIT, Inc.), Multifamily Loan and Security Agreement (Steadfast Apartment REIT, Inc.)
Repairs; No Immediate Deposits to Repair Reserve Fund. Lender and Borrower Xxxxxxxx acknowledge that Borrower has not established the Repair Reserve Fund on the date of this Loan Agreement but that Borrower must complete the Repairs required pursuant to Section 6.14. Notwithstanding anything in this Section 4.03(a) to the contrary, if Borrower receives the Radon Remediation Notice, Borrower will be required to deposit the Radon Remediation Deposit as set forth in Section 4.03(h).
Appears in 1 contract
Samples: Multifamily Loan and Security Agreement (Steadfast Apartment REIT, Inc.)
