Common use of Required Repairs Clause in Contracts

Required Repairs. Borrower shall, or shall cause Mortgage Borrower to, perform the Required Repairs and PIP Requirements (as defined in the Mortgage Loan Agreement), in accordance with all of the terms and conditions set forth in Section 7.1 of the Mortgage Loan Agreement.

Appears in 2 contracts

Samples: Mezzanine Loan Agreement (Sunstone Hotel Investors, Inc.), Junior Mezzanine Loan Agreement (Sunstone Hotel Investors, Inc.)

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Required Repairs. Borrower shall, or shall cause Mortgage Borrower toBorrower, to perform the Required Repairs and PIP Requirements (as defined in the Mortgage Loan Agreement)Repairs, in accordance with all of the terms and conditions set forth in Section 7.1 of the Mortgage Loan Agreement.

Appears in 2 contracts

Samples: Junior Mezzanine Loan Agreement (Ashford Hospitality Prime, Inc.), Senior Mezzanine Loan Agreement (Ashford Hospitality Prime, Inc.)

Required Repairs. Borrower shall, or shall cause Mortgage Borrower to, perform the Required Repairs and PIP Requirements (as defined in the Mortgage Loan Agreement), in accordance with all of the terms and conditions set forth in Section 7.1 of the Mortgage Loan Agreement.

Appears in 2 contracts

Samples: Junior Mezzanine Loan Agreement (Felcor Lodging Trust Inc), Mezzanine Loan Agreement (Felcor Lodging Trust Inc)

Required Repairs. Borrower shallshall perform, or shall cause Mortgage Borrower toto perform, perform the Required Repairs and PIP Requirements (as defined in the Mortgage Loan Agreement), in accordance with all of the terms and conditions set forth in Section 7.1 of the Mortgage Loan Agreement.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Global Income Trust, Inc.)

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Required Repairs. Borrower shall, or shall cause Mortgage Borrower to, to perform the Required Repairs and PIP Requirements (as defined in the Mortgage Loan Agreement), in accordance with all of the terms and conditions set forth in Section 7.1 of the Closing Date Mortgage Loan Agreement.

Appears in 1 contract

Samples: Senior Mezzanine Loan Agreement (Brixmor Property Group Inc.)

Required Repairs. Borrower shall, or shall cause Mortgage Borrower to, perform the Required Immediate Repairs and PIP Requirements (as defined in the Mortgage Loan AgreementReserve Agreement (Immediate Repairs)), in accordance with all of the terms and conditions set forth in Section 7.1 of the Mortgage Loan AgreementReserve Agreement (Immediate Repairs).

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Plymouth Industrial REIT Inc.)

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