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Common use of Cap Collateral Clause in Contracts

Cap Collateral. To secure Borrower’s payment obligations under the Loan, Borrower grants to Lender a security interest in the Cap Collateral, including any Replacement Cap Agreement.

Appears in 22 contracts

Sources: Multifamily Loan and Security Agreement (New Senior Investment Group Inc.), Loan Agreement Rider, Multifamily Loan and Security Agreement (Resource Apartment REIT III, Inc.)

Related Clauses

  • Assemble Collateral
  • Collateral
  • Security Interest and Collateral
  • Real Estate Collateral
  • Conveyance of Mortgage Pool Assets; Security Interest

Parent Clauses

  • Loan
  • REPRESENTATIONS AND WARRANTIES
  • Borrower Covenants
  • Survival
  • Reserved

Sub-Clauses

  • Obligation to Make Cap Payments
  • ▇▇▇▇-▇▇▇▇▇ Act
  • Obligation to Make Payments
  • Right of Entry
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