Basic Carrying Costs Escrow Account. (a) Lender will maintain an Eligible Account (which may be a book-entry subaccount) for the purpose of reserving amounts payable by Borrower in respect of Taxes and insurance premiums (the “Basic Carrying Costs Escrow Account”).
Appears in 2 contracts
Samples: Loan Agreement (Parkway, Inc.), Loan Agreement (Aspen REIT, Inc.)
Basic Carrying Costs Escrow Account. (a) Lender will establish and maintain an Eligible Account (which may be a book-entry subaccountsubaccount of the Cash Management Account) for the purpose of reserving amounts payable by Borrower in respect of Taxes and insurance premiums (the “Basic Carrying Costs Escrow Account”).
Appears in 2 contracts
Samples: Loan Agreement (New York REIT, Inc.), Loan Agreement (Carter Validus Mission Critical REIT, Inc.)
Basic Carrying Costs Escrow Account. (a) Lender will maintain an Eligible Account (which may be a book-entry subaccountsubaccount of the Cash Management Account) for the purpose of reserving amounts payable by Borrower in respect of Taxes and insurance premiums (the “"Basic Carrying Costs Escrow Account”").
Appears in 2 contracts
Samples: Loan Agreement (Stratus Properties Inc), Loan Agreement (Stratus Properties Inc)
Basic Carrying Costs Escrow Account. (a) Lender will establish and maintain an Eligible Account (which may be a book-entry subaccountsubaccount of the Cash Management Account) for the purpose of reserving amounts payable by Borrower in respect of Taxes and insurance premiums (the “"Basic Carrying Costs Escrow Account”").
Appears in 1 contract
Samples: Loan Agreement (American Realty Capital - Retail Centers of America, Inc.)
Basic Carrying Costs Escrow Account. (a) Lender will establish and maintain an Eligible Account (which may be a book-entry subaccountsubaccount of the Cash Management Account) for the purpose of reserving amounts payable by Borrower in respect of Property Taxes and insurance premiums (the “Basic Carrying Costs Escrow Account”).
Appears in 1 contract
Samples: Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.)
Basic Carrying Costs Escrow Account. (a) Lender will maintain an Eligible Account (which may be a book-entry subaccount) for the purpose of reserving amounts payable by Borrower or Master Tenant in respect of Taxes Taxes, Ground Rents and insurance premiums to the extent required hereunder (the “Basic Carrying Costs Escrow Account”).
Appears in 1 contract
Samples: Loan Agreement (Toys R Us Inc)
