Laserfiche WebLink
125 <br />Confidential Information of R4 Capital Funding LLC <br /> <br /> <br />Little Canada-Lupe - Borrower Loan Agreement - LC Apartments(199386221.3) - 5/12/2026 6:38:21 PM <br /> <br />R4 Capital Funding LLC <br />Tax Exempt Bond Investment Standards <br /> <br />v4.4 March 2022 <br /> <br />3. Workers’ Compensation and Employer’s Liability Insurance. <br />a) Named Insured: Property Manager <br />b) Certificate Holder: “Limited Partner, ISAOA” and R4 Capital LLC (for R4 Equity) and “Fiscal <br />Agent or Trustee” (as designated by R4CF), R4 Capital Funding LLC and R4 Servicer LLC (for <br />R4CF Debt) <br />c) Limits: <br />Worker’s Compensation: <br />Per Statute <br /> <br />Employers Liability: <br />$1,000,000 each accident bodily injury <br />$1,000,000 policy limit bodily injury <br />$1,000,000 per employee disease <br />Or minimum limits required by Umbrella <br /> <br />If the employer is domiciled in the states of North Dakota, Ohio, Wyoming, or Washington <br />(commonly known as “Monopolistic Workers Compensation” states), proof of Worker <br />Compensation coverage through the State Fund must be provided, and proof of Stop Gap <br />Employer’s Liability must be provided. Stop Gap Employer’s Liability must be scheduled under the <br />required Umbrella/Excess Liability coverage in section 4 below. <br /> <br />4. Umbrella/Excess Liability Insurance. <br />a) Named Insured: Property Manager and their respective employees, agents, subsidiaries, and <br />affiliates. <br />b) Additional Insureds: “Partnership”, “General Partner”, “Limited Partner, ISAOA” and R4 Capital <br />LLC (for R4 Equity) and “Fiscal Agent or Trustee”, R4 Capital Funding LLC and R4 Servicer LLC <br />(for R4CF Debt) <br />c) Coverage: Must be no less broad than the underlying CGL, Vehicle and Employers <br />Liability policies required above. If coverage is not follow-form, differences must be <br />identified. <br />d) Limits: <br />Garden Apts. 1-3 stories, Single Floor, & other non-elevator buildings: <br />$3 Million Per Occurrence/$3M Annual Aggregate. <br /> <br />Mid-rise Apartment Building (4-10 stories):