CNSREIT-AR-2024 Final - Flipbook - Page 71
The termination or replacement of the Advisor could trigger a repayment event under our mortgage loans for some of
our properties, the credit agreement governing any of our lines of credit and our repurchase agreements.
Lenders for certain of our properties may request provisions in the mortgage loan documentation that would make the
termination or replacement of the Advisor an event requiring the consent of the lender or the immediate repayment of the
full outstanding balance of the loan. If lender consent is not obtained prior to the termination or replacement of the Advisor,
such actions could trigger repayment of outstanding amounts under our current or future mortgage loans, the credit
agreements governing our lines of credit and any lines of credit that we may in the future obtain or under our current or
future repurchase agreements. If a repayment event is triggered with respect to any of our properties, our results of
operations and financial condition may be adversely affected.
The Advisor9s inability to attract and retain the services of key real estate and other professionals could hurt our
performance.
The Advisor9s power to approve the acquisition of a particular investment, finance or refinance any new or existing
investment or dispose of an existing investment rests with an investment committee (the
