Common use of Additional Reporting Requirements Upon Request Clause in Contracts

Additional Reporting Requirements Upon Request. Borrower will furnish to Lender each of the following: (i) Upon ▇▇▇▇▇▇’s request, in ▇▇▇▇▇▇’s sole and absolute discretion prior to a Securitization, and thereafter upon ▇▇▇▇▇▇’s request in ▇▇▇▇▇▇’s Discretion, a monthly Rent Schedule and a monthly statement of income and expenses for Borrower, in each case within 25 days after the end of each month. (ii) Upon ▇▇▇▇▇▇’s request in ▇▇▇▇▇▇’s sole and absolute discretion prior to a Securitization, and thereafter upon ▇▇▇▇▇▇’s request in ▇▇▇▇▇▇’s Discretion, within 10 days after such a request from ▇▇▇▇▇▇, an organizational chart that identifies all of the following: (A) Persons that directly or indirectly Control Borrower and any Designated Entity for Transfers and the interest held by each. (B) Persons with a collective equity interest (whether direct or indirect) of 25% or more in Borrower if not already identified pursuant to Section 6.07(c)(ii)(A). (C) All Non-U.S. Equity Holders. If any Designated Entity for Transfers is a Public Company, the organizational chart will not be required to show the ownership of such Public Company. (iii) Upon ▇▇▇▇▇▇’s request in ▇▇▇▇▇▇’s Discretion, such other financial information or property management information (including information on tenants under Leases to the extent such information is available to Borrower, copies of bank account statements from financial institutions where funds owned or controlled by Borrower are maintained, and an accounting of security deposits) as may be required by Lender from time to time, in each case within 30 days after such request. (iv) Upon ▇▇▇▇▇▇’s request in ▇▇▇▇▇▇’s Discretion, a monthly property management report for the Mortgaged Property, showing the number of inquiries made and rental applications received from tenants or prospective tenants and deposits received from tenants and any other information requested by Lender within 30 days after such request. However, Lender will not require the foregoing more frequently than quarterly except when there has been an Event of Default and such Event of Default is continuing, in which case Lender may require Borrower to furnish the foregoing more frequently.

Additional Reporting Requirements Upon Request. Borrower will furnish to Lender each of the following: (i) Upon ▇▇▇▇▇▇’s request, in ▇▇▇▇▇▇’s sole and absolute discretion prior to a Securitization, and thereafter upon ▇▇▇▇▇▇’s request in ▇▇▇▇▇▇’s Discretion, a monthly Rent Schedule and a monthly statement of income and expenses for Borrower’s operation of the Mortgaged Property, in each case within 25 days after the end of each month. (ii) Upon ▇▇▇▇▇▇’s request in ▇▇▇▇▇▇’s sole and absolute discretion prior to a Securitization, and thereafter upon ▇▇▇▇▇▇’s request in ▇▇▇▇▇▇’s Discretion, within 10 days after such a request from ▇▇▇▇▇▇, an organizational chart that identifies all of the following: (A) Persons that directly or indirectly Control Borrower and any Designated Entity for Transfers and the interest held by each. (B) Persons with a collective equity interest (whether direct or indirect) of 25% or more in Borrower if not already identified pursuant to Section 6.07(c)(ii)(A). (C) All Non-U.S. Equity Holders. If any Designated Entity for Transfers is a Public Company, the organizational chart will not be required to show the ownership of such Public Company, unless such Public Company exercises control over the purchase and sale of its publicly traded equity securities to a particular Person or shareholder. (iii) Upon ▇▇▇▇▇▇’s request in ▇▇▇▇▇▇’s Discretion, such other financial information or property management information (including information on tenants under Leases to the extent such information is available to Borrower, copies of bank account statements from financial institutions where funds owned or controlled by Borrower are maintained, and an accounting of security deposits) as may be required by Lender from time to time, in each case within 30 days after such request. (iv) Upon ▇▇▇▇▇▇’s request in ▇▇▇▇▇▇’s Discretion, a monthly property management report for the Mortgaged Property, showing the number of inquiries made and rental applications received from tenants or prospective tenants and deposits received from tenants and any other information requested by Lender within 30 days after such request. However, Lender will not require the foregoing more frequently than quarterly except when there has been an Event of Default and such Event of Default is continuing, in which case Lender may require Borrower to furnish the foregoing more frequently.

Additional Reporting Requirements Upon Request. Borrower will furnish to Funding Lender each of the following: (i) Upon Funding ▇▇▇▇▇▇’s request, in Funding ▇▇▇▇▇▇’s sole and absolute discretion prior to a Securitization, and thereafter upon Funding ▇▇▇▇▇▇’s request in Funding ▇▇▇▇▇▇’s Discretion, a monthly Rent Schedule and a monthly statement of income and expenses for Borrower, in each case within 25 days after the end of each month. (ii) Upon Funding ▇▇▇▇▇▇’s request in Funding ▇▇▇▇▇▇’s sole and absolute discretion prior to a Securitization, and thereafter upon Funding ▇▇▇▇▇▇’s request in Funding ▇▇▇▇▇▇’s Discretion, within 10 days after such a request from ▇▇▇▇▇▇Funding Lender, an organizational chart that identifies all of the following: (A) Persons that directly or indirectly Control Borrower and any Designated Entity for Transfers and the interest held by each. (B) Persons with a collective equity interest (whether direct or indirect) of 25% or more in Borrower if not already identified pursuant to Section 6.07(c)(ii)(A). (C) All Non-U.S. Equity Holders. If any Designated Entity for Transfers is a Public Company, the organizational chart will not be required to show the ownership of such Public Company, unless such Public Company exercises control over the purchase and sale of its publicly traded equity securities to a particular Person or shareholder. (iii) Upon Funding ▇▇▇▇▇▇’s request in ▇▇▇▇▇▇Funding Lender’s Discretion, such other financial information or property management information (including information on tenants under Leases to the extent such information is available to Borrower, copies of bank account statements from financial institutions where funds owned or controlled by Borrower are maintained, and an accounting of security deposits) as may be required by Funding Lender from time to time, in each case within 30 days after such request. (iv) Upon Funding ▇▇▇▇▇▇’s request in Funding ▇▇▇▇▇▇’s Discretion, a monthly property management report for the Mortgaged Property, showing the number of inquiries made and rental applications received from tenants or prospective tenants and deposits received from tenants and any other information requested by Funding Lender within 30 days after such request. However, Funding Lender will not require the foregoing more frequently than quarterly except when there has been an Event of Default and such Event of Default is continuing, in which case Funding Lender may require Borrower to furnish the foregoing more frequently.