Common use of Required Repairs Clause in Contracts

Required Repairs. Borrower shall perform the repairs and other work at the Properties as set forth on Schedule II (such repairs and other work hereinafter referred to as “Required Repairs”) and shall complete each of the Required Repairs on or before the respective deadline for each repair as set forth on Schedule II.

Appears in 5 contracts

Samples: First Mezzanine Loan Agreement (Clipper Realty Inc.), Loan Agreement (Clipper Realty Inc.), Mezzanine Loan Agreement (Clipper Realty Inc.)

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Required Repairs. Borrower shall perform the repairs and other work at the Properties Property as set forth on Schedule II V attached hereto (such repairs and other work hereinafter referred to as “Required Repairs”) and shall complete each of the Required Repairs on or before the respective deadline for each repair as set forth on Schedule II.V.

Appears in 2 contracts

Samples: Loan Agreement (American Realty Capital Hospitality Trust, Inc.), Loan Agreement (American Realty Capital Hospitality Trust, Inc.)

Required Repairs. Borrower shall perform the repairs and other work at the Properties Property as set forth on Schedule II hereto (such repairs and other work hereinafter referred to as "Required Repairs") and shall complete each of the Required Repairs on or before the respective deadline for each repair as set forth on Schedule II.

Appears in 1 contract

Samples: Loan Agreement (Pillarstone Capital Reit)

Required Repairs. Borrower shall perform the repairs and other work at the Properties Property as set forth on Schedule II (such repairs and other work hereinafter referred to as “Required Repairs”) and shall complete each of the Required Repairs on or before the respective deadline for each repair as set forth on Schedule II.

Appears in 1 contract

Samples: Loan Agreement (Strategic Hotels & Resorts, Inc)

Required Repairs. Borrower shall perform the repairs and other work at the Properties as set forth on Schedule II V attached hereto (such repairs and other work hereinafter referred to as “Required Repairs”) and shall complete each of the Required Repairs on or before the respective deadline for each repair as set forth on Schedule II.V.

Appears in 1 contract

Samples: Loan Agreement (Sun Communities Inc)

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Required Repairs. Borrower shall perform the repairs and other work at the Properties Property, as more particularly set forth on Schedule II hereto (such repairs and other work hereinafter referred to as “Required Repairs”) and ). Borrower shall complete each of the Required Repairs on or before the respective required deadline for each repair as set forth on Schedule II. Owner hereby represents and warrants that all the Required Repairs have been completed in accordance with the terms of the Loan Agreement.

Appears in 1 contract

Samples: Loan Agreement (Procaccianti Hotel Reit, Inc.)

Required Repairs. Each Borrower shall perform the repairs and other work at the Properties its Individual Property, as more particularly set forth on Schedule II hereto (such repairs and other work hereinafter referred to as “Required Repairs”) and ). Borrower shall complete each of the Required Repairs on or before the respective required deadline for each repair as set forth on Schedule II. It shall be an Event of Default under this Agreement if Borrower does not complete the Required Repairs at the Property by the required deadline for each repair as set forth on Schedule II.

Appears in 1 contract

Samples: Loan Agreement (Sun Communities Inc)

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