Cooperation with Rating Agencies. The Borrower covenants and agrees that in the event the Lender decides to include the Loans as an asset of a securitization, the Borrower shall upon the Lender's written request (a) proceed to establish a cash management system and escrow accounts as required by the Rating Agencies or the Lender, whereby all revenues shall be deposited directly into an account in the name of the Lender to pay real estate taxes, insurance premiums, monthly debt service and capital improvement reserves, with the excess being available to the Borrower for its use, (b) gather any environmental or engineering information required by the Rating Agency in connection with such a securitization, (c) at the Lender's request, meet with representatives of the Rating Agency to discuss the business and operations of the Mortgaged Properties, and (d) cooperate with the requests of the Lender or the Rating Agency in connection with all of the foregoing.
Appears in 2 contracts
Sources: Credit Agreement (Hospitality Properties Trust), Second Supplemental Credit Agreement (Hospitality Properties Trust)