Replacement Interest Rate Cap Agreement. If, in connection with Borrower’s exercise of any Extension Option pursuant to Section 2.7, Borrower delivers a Replacement Interest Rate Cap Agreement, all the provisions of this Section 2.6 applicable to the Interest Rate Cap Agreement delivered on the Closing Date shall be applicable to the Replacement Interest Rate Cap Agreement.
Appears in 19 contracts
Samples: Loan Agreement (Invitation Homes Inc.), Loan Agreement (Invitation Homes Inc.), Loan Agreement (Invitation Homes Inc.)
Replacement Interest Rate Cap Agreement. If, in connection with Borrower’s exercise of any Extension Option pursuant to Section 2.72.7 hereof, Borrower delivers a Replacement Interest Rate Cap Agreement, all the provisions of this Section 2.6 applicable to the Interest Rate Cap Agreement delivered on the Closing Date shall be applicable to the Replacement Interest Rate Cap Agreement, and in connection with the delivery of the Replacement Interest Rate Cap Agreement, Borrower shall enter into a replacement collateral assignment of such Replacement Interest Rate Cap Agreement, which collateral assignment shall be in the same form as the Assignment of Interest Rate Cap Agreement.
Appears in 10 contracts
Samples: Loan Agreement (Hospitality Investors Trust, Inc.), Mezzanine Loan Agreement (Hospitality Investors Trust, Inc.), Mezzanine Loan Agreement (Hospitality Investors Trust, Inc.)
Replacement Interest Rate Cap Agreement. If, in connection with Borrower’s exercise of any Extension Option pursuant to Section 2.72.7 hereof, Borrower delivers a Replacement Interest Rate Cap Agreement, all the provisions of this Section 2.6 applicable to the Interest Rate Cap Agreement delivered on the Closing Date shall be applicable to the Replacement Interest Rate Cap Agreement.
Appears in 8 contracts
Samples: Loan Agreement (Clipper Realty Inc.), First Mezzanine Loan Agreement (Clipper Realty Inc.), Mezzanine Loan Agreement (Clipper Realty Inc.)
Replacement Interest Rate Cap Agreement. If, in connection with Borrower’s exercise All of any Extension Option pursuant to Section 2.7, Borrower delivers a Replacement Interest Rate Cap Agreement, all the provisions of this Section 2.6 5.03 applicable to the Interest Rate Cap Agreement delivered as in effect on the Closing Date shall be applicable to the any Replacement Interest Rate Cap Agreement, including any Replacement Interest Rate Cap Agreement obtained in connection with the Borrowers’ exercise of any Extension Request pursuant to Section 2.07.
Appears in 7 contracts
Samples: Loan Agreement (Starwood Waypoint Homes), Loan Agreement (Invitation Homes Inc.), Loan Agreement (Invitation Homes Inc.)
Replacement Interest Rate Cap Agreement. If, in connection with Borrower’s the Borrowers’ exercise of any Extension Option the extension options pursuant to Section 2.72.16 hereof, Borrower delivers the Borrowers deliver a Replacement Interest Rate Cap Agreement, all the provisions of this Section 2.6 2.18 applicable to the Interest Rate Cap Agreement delivered on the Closing Date shall be applicable to the Replacement Interest Rate Cap Agreement.
Appears in 2 contracts
Samples: Term Loan Agreement (Hospitality Investors Trust, Inc.), Term Loan Agreement (American Realty Capital Hospitality Trust, Inc.)
Replacement Interest Rate Cap Agreement. If, in connection with Borrower’s exercise All of any Extension Option pursuant to Section 2.7, Borrower delivers a Replacement Interest Rate Cap Agreement, all the provisions of this Section 2.6 5.03 applicable to the initial Interest Rate Cap Agreement delivered as in effect on the Closing Date shall be applicable to the any Replacement Interest Rate Cap Agreement, including any Replacement Interest Rate Cap Agreement obtained in connection with the Borrowers’ exercise of any Extension Request pursuant to Section 2.08.
Appears in 2 contracts
Samples: Loan Agreement (Bluerock Homes Trust, Inc.), Loan Agreement (Bluerock Residential Growth REIT, Inc.)
Replacement Interest Rate Cap Agreement. If, in connection with Borrower’s exercise of any Extension Option extension option pursuant to Section 2.75 of the Notes, Borrower delivers a Replacement Interest Rate Cap Agreement, all the provisions of this Section 2.6 Article IX applicable to the Interest Rate Cap Agreement delivered on the Closing Date shall be applicable to the Replacement Interest Rate Cap Agreement.
Appears in 2 contracts
Samples: Loan and Security Agreement (Toys R Us Inc), Loan and Security Agreement (Toys R Us Inc)
Replacement Interest Rate Cap Agreement. If, in connection with Borrower’s exercise of any Extension Option pursuant to Section 2.72.9 hereof, Borrower delivers a Replacement Interest Rate Cap Agreement, all the provisions of this Section 2.6 2.8 applicable to the Interest Rate USActive 36631986.12 -71- Cap Agreement delivered on the Closing Date shall be applicable to the Replacement Interest Rate Cap Agreement.
Appears in 1 contract
Samples: Building Loan Agreement (KBS Strategic Opportunity REIT, Inc.)
Replacement Interest Rate Cap Agreement. If, in connection with Borrower’s exercise of any Extension Option extension option pursuant to Section 2.72.15, Borrower delivers a Replacement Interest Rate Cap Agreement, all the provisions of this Section 2.6 12 applicable to the Interest Rate Cap Agreement delivered on the Closing Effective Date shall be applicable to the Replacement Interest Rate Cap Agreement.
Appears in 1 contract
Samples: Credit Agreement (Toys R Us Inc)
Replacement Interest Rate Cap Agreement. If, in connection with Borrower’s exercise All of any Extension Option pursuant to Section 2.7, Borrower delivers a Replacement Interest Rate Cap Agreement, all the provisions of this Section 2.6 5.03 applicable to the initial Interest Rate Cap Agreement delivered as in effect on the Closing Date shall be applicable to the any Replacement Interest Rate Cap Agreement., including any Replacement Interest Rate Cap Agreement obtained in connection with the Borrowers’ exercise of any Extension Request pursuant to Section 2.08.
Appears in 1 contract
Replacement Interest Rate Cap Agreement. IfIn connection with any Replacement Interest Rate Cap Agreement, including, without limitation, in connection with Borrower’s exercise of any Extension Option pursuant to Section 2.7, Borrower delivers a Replacement Interest Rate Cap Agreement2.9 hereof, all the provisions of this Section 2.6 2.8 applicable to the Interest Rate Cap Agreement delivered on the Closing Date shall be applicable to the Replacement Interest Rate Cap Agreement.
Appears in 1 contract
Samples: Loan Agreement (Lightstone Value Plus Real Estate Investment Trust V, Inc.)
Replacement Interest Rate Cap Agreement. If, in connection with Borrower’s exercise of any Extension Option pursuant to Section 2.71.9, Borrower delivers a Replacement Interest Rate Cap Agreement, all the provisions of this Section 2.6 Exhibit K applicable to the Interest Rate Cap Agreement delivered on the Closing Date shall be applicable to the Replacement Interest Rate Cap Agreement.
Appears in 1 contract
Replacement Interest Rate Cap Agreement. If, in connection with Borrower’s exercise of any Extension Option extension option pursuant to Section 2.75 of the Note, Borrower delivers a Replacement Interest Rate Cap Agreement, all the provisions of this Section 2.6 Article IX applicable to the Interest Rate Cap Agreement delivered on the Closing Date shall be applicable to the Replacement Interest Rate Cap Agreement.
Appears in 1 contract
Samples: Loan and Security Agreement (Digital Realty Trust, Inc.)