Common use of Basic Carrying Costs Escrow Account Clause in Contracts

Basic Carrying Costs Escrow Account. (a) On or prior to the Closing Date, Borrower shall establish and thereafter maintain with the Cash Management Bank an account for the purpose of reserving amounts payable by Borrower in respect of Taxes and insurance premiums (the “Basic Carrying Costs Escrow Account”).

Basic Carrying Costs Escrow Account. (a) On or prior to the Closing Date, Borrower shall establish and thereafter maintain with the Cash Management Bank an account for the purpose of reserving amounts payable by Borrower in respect of Taxes and insurance premiums (the “"Basic Carrying Costs Escrow Account”").

Basic Carrying Costs Escrow Account. (a) On or prior to the Closing Date, Borrower shall establish and thereafter maintain with the Cash Management Bank an account for the purpose of reserving amounts payable by Borrower in respect of Taxes and insurance premiums (the “Basic Carrying Costs Escrow Account”).) which Basic Carrying Costs Escrow Account shall be subject to the Cash Management Agreement. | NY\1631294.13 mle xx xxxx Loan Agreement||

Basic Carrying Costs Escrow Account. (a) On or prior to the Closing Date, Borrower shall establish and thereafter maintain with the Cash Management Bank an account for the purpose of reserving amounts payable by Borrower in respect of Taxes Taxes, Ground Rents and insurance premiums (the “Basic Carrying Costs Escrow Account”).

Basic Carrying Costs Escrow Account. (a) On or prior to the Closing Date, Borrower shall establish and thereafter maintain with the Cash Management Bank an account for the purpose of reserving amounts payable by Borrower in respect of Taxes Taxes, XXX Rent and insurance premiums (the “Basic Carrying Costs Escrow Account”).