DST Agreement definition
Examples of DST Agreement in a sentence
Borrower shall not agree to or permit any changes to the terms of any DST Agreement affecting the rights, privileges and/or benefits of the Class 1 Beneficial Owners and/or Class 2 Beneficial Owners thereunder in any material respect without the prior written consent of Lender, which consent shall not be unreasonably withheld, conditioned or delayed.
All funds received by Lender pursuant to this Section 3.11.2 shall be applied to reduce the outstanding principal balance on the Loan; and Borrower shall have provided to Lender a fully executed copy of the DST Agreement (Short Form), with any changes to the form and content reflected in Exhibit “B” attached hereto being approved by Lender in writing, such approval not to be unreasonably withheld, conditioned or delayed.
Borrower shall provide Lender with a fully executed copy of each DST Agreement, and any amendments, restatements, and/or substitutions therefor, promptly following execution of same.
Borrower shall not consent to or permit the termination of the DST Agreement.