Common use of Third Party Reports Clause in Contracts

Third Party Reports. Within thirty (30) days after any request by Lender, each Borrower shall deliver to Lender and pay for (or reimburse Lender for cost of) any reports of third parties (e.g., engineers or environmental consultants) requested by Lender as to any Collateral Property the Net Operating Income for which has declined by ten percent (10%) or more since the date on which it first became a Collateral Property.

Third Party Reports. Within thirty (30) days after any request by Lender, each Borrower shall cause Owner to deliver to Lender and pay for (or reimburse Lender for cost of) any reports of third parties (e.g., engineers or environmental consultants) requested by Lender as to any the Collateral Property in the event that the Net Operating Income for which of the Collateral Property has declined by ten percent (10%) or more since the date on which it first became a Collateral Propertyhereof.

Third Party Reports. Within thirty (30) 30 days after any request by Lender, each ------------------- Borrower shall deliver to Lender and pay for (or reimburse Lender for cost of) any reports of third parties (e.g., engineers or environmental consultants) requested by Lender as to any Collateral Property the Underwritten Net Operating Income for which has declined by ten percent (10%) % or more since the date on which it first became a Collateral Property.