Every obligation in the JV Agreement and Loan Agreement — cited to source, section, and page, and screenshotted from the executed document.
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20obligations
18verified ✓
10date-driven 📅
10JV Agreement
10Loan Agreement
How to read the badges.✓ Verified — a script confirmed the exact quoted words appear in the source PDF. ◐ Page-matched — located on the cited page with a screenshot, but the exact wording needs a human glance. ⚠ Manual review — couldn't auto-locate; check the source PDF. Screenshots are auto-cropped from the executed agreements.
Governing language“the Managing Member shall deliver to the Investor a monthly operating report within fifteen (15) days after the end of each calendar month …”
Governing language“audited financial statements of the Company shall be furnished to each Member no later than one hundred twenty (120) days after the close of each Fiscal Year …”
Notify Members of any litigation exceeding the threshold
Obligor
Managing Member
Recipient
All Members
Frequency
Event-driven
Timing
Within 5 Business Days of knowledge
Governing language“promptly, and in any event within five (5) Business Days, notify each Member of any litigation in excess of the Litigation Threshold …”
Distribute Cash Available for Distribution quarterly
Obligor
Company
Recipient
Members
Frequency
Quarterly
Timing
Within 30 days after quarter end
Governing language“Cash Available for Distribution shall be distributed to the Members within thirty (30) days following the end of each calendar quarter …”
Governing language“each Member shall fund its Percentage Interest of the requested amount within ten (10) Business Days after receipt of a Capital Call Notice …”
Governing language“on each Payment Date, Borrower shall deposit with Lender one-twelfth of the Taxes and Insurance Premiums that Lender estimates will be payable …”
Tested as of the last day of each calendar quarter
Governing language“Borrower shall maintain, tested as of the last day of each calendar quarter, a Debt Service Coverage Ratio of not less than 1.25 to 1.00 …”
Governing language“the Company shall at all times maintain property insurance covering the Property in an amount not less than full replacement cost …”
Keep the interest rate cap in effect through maturity
Obligor
Borrower
Recipient
Lender
Frequency
Ongoing
Timing
Through the Maturity Date
Governing language“Borrower shall maintain the Interest Rate Cap Agreement in full force and effect until the Maturity Date and shall deliver a replacement cap not less than thirty (30) days prior to any expiration …”
Cure any building code violation within the cure period
Obligor
Managing Member
Recipient
Investor
Frequency
Event-driven
Timing
Within 60 days after notice of violation
Governing language“the Managing Member shall cause any violation of applicable building codes to be cured within sixty (60) days after receipt of notice thereof …”
Governing language“within ninety (90) days after the end of each Fiscal Year, Borrower shall deliver an Officer's Certificate confirming compliance with the Loan Documents …”
Governing language“Borrower has been and shall remain a Special Purpose Entity and shall comply with each of the Special Purpose Entity covenants set forth on Schedule 4 …”
Governing language“each Member represents and warrants, on a continuing basis, that it is in compliance with all applicable Anti-Money Laundering Laws …”
Governing language“Borrower shall provide such information as Lender may reasonably request from time to time to satisfy Know Your Customer requirements within ten (10) Business Days …”