Common use of Seniors Housing Clause in Contracts

Seniors Housing. 1. In lieu of the Loan Agreement specified in Section I above, use Multifamily Loan and Security Agreement (Non-Recourse) (Seniors Housing) (6001.NR.SRS) (the “Seniors Loan Agreement”). 2. In lieu of a Schedule 1 identified in Section II above, use one of the following, as applicable: (a) Schedule 1 to Multifamily Loan and Security Agreement – Definitions Schedule (Interest Rate Type – Fixed Rate) (Seniors Housing) (6101.FR.SRS). (b) Schedule 1 to Multifamily Loan and Security Agreement – Definitions Schedule (Interest Rate Type – ARM 5/5 (SOFR)) (Seniors Housing) (6101.ARM.SRS 5/5 (SOFR)). (c) Schedule 1 to Multifamily Loan and Security Agreement – Definitions Schedule (Interest Rate Type – ARM 7/6 (SOFR)) (Seniors Housing) (6101.ARM.SRS 7/6 (SOFR)). (d) Schedule 1 to Multifamily Loan and Security Agreement – Definitions Schedule (Interest Rate Type – Structured ARM (SOFR)) (Seniors Housing) (6101.SARM.SRS (SOFR)). 3. In lieu of a Schedule 2 identified in Section II above, use one of the following, as applicable: (a) Schedule 2 to Multifamily Loan and Security Agreement – Summary of Loan Terms (Interest Rate Type – Fixed Rate) (Seniors Housing) (6102.FR.SRS). (b) Schedule 2 to Multifamily Loan and Security Agreement – Summary of Loan Terms (Interest Rate Type – ARM 5/5 (SOFR)) (Seniors Housing) (6102.ARM.SRS 5/5 (SOFR)). (c) Schedule 2 to Multifamily Loan and Security Agreement – Summary of Loan Terms (Interest Rate Type – ARM 7/6 (SOFR)) (Seniors Housing) (6102.ARM.SRS 7/6 (SOFR)). (d) Schedule 2 to Multifamily Loan and Security Agreement – Summary of Loan Terms (Interest Rate Type – Structured ARM (SOFR)) (Seniors Housing) (6102.SARM.SRS (SOFR)). 4. Schedules 3-8 to the Seniors Loan Agreement are as otherwise required for the Loan Agreement (with Schedules 5-8 embedded in the Seniors Loan Agreement). 5. Choose only the applicable one: (a) For Affiliated Property Operators: (i) Modifications to Security Instrument (Seniors Housing) (6310.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

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Seniors Housing. 1. In lieu of the Loan Agreement specified in Section I above, use Multifamily Loan and Security Agreement (Non-Recourse) (Seniors Housing) (6001.NR.SRS) (the “Seniors Loan Agreement”). 2. In lieu of a Schedule 1 identified in Section II above, use one of the following, as applicable: (a) Schedule 1 to Multifamily Loan and Security Agreement – Definitions Schedule (Interest Rate Type – Fixed Rate) (Seniors Housing) (6101.FR.SRS). (b) Schedule 1 to Multifamily Loan and Security Agreement – Definitions Schedule (Interest Rate Type – ARM 5/5 (SOFR)) (Seniors Housing) (6101.ARM.SRS 5/5 (SOFR)). (c) Schedule 1 to Multifamily Loan and Security Agreement – Definitions Schedule (Interest Rate Type – ARM 7/6 (SOFR)) (Seniors Housing) (6101.ARM.SRS 7/6 (SOFR)). (d) Schedule 1 to Multifamily Loan and Security Agreement – Definitions Schedule (Interest Rate Type – Structured ARM (SOFR)) (Seniors Housing) (6101.SARM.SRS (SOFR)). 3. In lieu of a Schedule 2 identified in Section II above, use one of the following, as applicable: (a) Schedule 2 to Multifamily Loan and Security Agreement – Summary of Loan Terms (Interest Rate Type – Fixed Rate) (Seniors Housing) (6102.FR.SRS). (b) Schedule 2 to Multifamily Loan and Security Agreement – Summary of Loan Terms (Interest Rate Type – ARM 5/5 (SOFR)) (Seniors Housing) (6102.ARM.SRS 5/5 (SOFR)). (c) Schedule 2 to Multifamily Loan and Security Agreement – Summary of Loan Terms (Interest Rate Type – ARM 7/6 (SOFR)) (Seniors Housing) (6102.ARM.SRS 7/6 (SOFR)). (d) Schedule 2 to Multifamily Loan and Security Agreement – Summary of Loan Terms (Interest Rate Type – Structured ARM (SOFR)) (Seniors Housing) (6102.SARM.SRS (SOFR)). 4. Schedules 3-8 to the Seniors Loan Agreement are as otherwise required for the Loan Agreement (with Schedules 5-8 embedded in the Seniors Loan Agreement). 5. Choose only the applicable one: (a) For Affiliated Property OperatorsMaster Lessees: (i) Modifications to Security Instrument (Seniors Housing) (6310.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

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