Common use of Advance Rents Reserve Sub-Account Clause in Contracts

Advance Rents Reserve Sub-Account. Pursuant to the Cash Management Agreement, from and after the Securitization, the Borrowers shall deposit, or instruct Lock Box Bank to deposit, (i) the Annual Advance Rents Reserve Deposit not later than the third (3rd) Business Day of February of each calendar year, and (ii) the Quarterly Advance Rents Reserve Deposit not later than the third (3rd) Business Day of February, May, August and November of each calendar year, such amounts to be deposited into a sub-account of the Lock Box Account (said sub-account, the "ADVANCE RENTS RESERVE SUB-ACCOUNT") for deposit of such Advance Rents Reserve Deposit and such Advance Rents Reserve Deposit shall be held, allocated and disbursed in accordance with the terms and conditions of the Cash Management Agreement. The Advance Rents Reserve Sub-Account shall be under the sole dominion and control of Lender and/or its designee including any Servicer of the Loan, and the Borrowers shall have no rights to control or direct the investment or payment of funds therein except as expressly provided herein.

Advance Rents Reserve Sub-Account. Pursuant On the Closing Date, the Borrowers shall deposit with Lock Box Bank $1,131,000 and, pursuant to the Cash Management Agreement, from and after the Securitization, the Borrowers shall deposit, or instruct Lock Box Bank to deposit, (i) the Annual Advance Rents Reserve Deposit not later than the third (3rd) Business Day of February of each calendar year, and (ii) the Quarterly Advance Rents Reserve Deposit not later than the third (3rd) Business Day of February, May, August and November of each calendar year, such amounts to be deposited into a sub-account of the Lock Box Account (said sub-account, the "ADVANCE RENTS RESERVE SUBAdvance Rents Reserve Sub-ACCOUNTAccount") for deposit of such Advance Rents Reserve Deposit and such Advance Rents Reserve Deposit shall be held, allocated and disbursed in accordance with the terms and conditions of the Cash Management Agreement. The Advance Rents Reserve Sub-Account shall be under the sole dominion and control of Lender and/or its designee including any Servicer of the Loan, and the Borrowers shall have no rights to control or direct the investment or payment of funds therein except as expressly provided herein.

Advance Rents Reserve Sub-Account. Pursuant On the Closing Date, the Borrowers shall deposit with Lock Box Bank $0.00 and, pursuant to the Cash Management Agreement, from and after the Securitization, the Borrowers shall deposit, or instruct Lock Box Bank to deposit, (i) the Annual Advance Rents Reserve Deposit not later than the third (3rd) Business Day of February of each calendar year, and (ii) the Quarterly Advance Rents Reserve Deposit not later than the third (3rd) Business Day of February, May, August and November of each calendar year, such amounts to be deposited into a sub-account of the Lock Box Account (said sub-account, the "ADVANCE RENTS RESERVE SUBAdvance Rents Reserve Sub-ACCOUNTAccount") for deposit of such Advance Rents Reserve Deposit and such Advance Rents Reserve Deposit shall be held, allocated and disbursed in accordance with the terms and conditions of the Cash Management Agreement. The Advance Rents Reserve Sub-Account shall be under the sole dominion and control of Lender and/or its designee including any Servicer of the Loan, and the Borrowers shall have no rights to control or direct the investment or payment of funds therein except as expressly provided herein.

Advance Rents Reserve Sub-Account. Pursuant On the Closing Date, the Borrowers shall deposit with Lock Box Bank $4,150,000, and, pursuant to the Cash Management Agreement, from and after the Securitization, the Borrowers shall deposit, or instruct Lock Box Bank to deposit, (i) the Annual Advance Rents Reserve Deposit not later than the third (3rd) Business Day of February of each calendar yearmonth immediately following the first (1st) month for which annual rent is required to be paid under the applicable Leases for which Annual Advance Rents Reserve Deposits are required to be made, and (ii) the Quarterly Advance Rents Reserve Deposit not later than the third (3rd) Business Day of February, May, August and November of each calendar year, such amounts to be deposited into a sub-account of the Lock Box Account (said sub-account, the "ADVANCE RENTS RESERVE SUBAdvance Rents Reserve Sub-ACCOUNTAccount") for deposit of such Advance Rents Reserve Deposit and such Advance Rents Reserve Deposit shall be held, allocated and disbursed in accordance with the terms and conditions of the Cash Management Agreement. The Advance Rents Reserve Sub-Account shall be under the sole dominion and control of Lender and/or its designee including any Servicer of the LoanLoans, and the Borrowers shall have no rights to control or direct the investment or payment of funds therein except as expressly provided herein.