Common use of 12B Clause in Contracts

12B. If, with respect to any state in which a Property is located, (i) Borrower fails to deliver to Lender an opinion pursuant to this Section 4.3.12(b), Lender may in its sole and absolute discretion designate such state an Applicable HOA State by written notice to Borrower or (ii) any opinion delivered to Lender pursuant to this Section 4.3.12

Appears in 2 contracts

Sources: Loan Agreement (Invitation Homes Inc.), Loan Agreement (Invitation Homes Inc.)