Collection of Escrows for Impositions and Replacement Reserves. (i) For so long as the same person or entity is both Senior Lender and Supplemental Lender, monthly payments made by Borrower under the Senior Instrument from and after the effective date of this Supplemental Instrument as deposits for the payment of any Impositions shall be credited to the monthly deposits for the payment of such Impositions under this Supplemental Instrument.
Appears in 9 contracts
Samples: Security Agreement and Fixture Filing (Century Properties Growth Fund Xxii), Security Agreement (Consolidated Capital Institutional Properties 3), And Security Agreement (National Property Investors 4)
Collection of Escrows for Impositions and Replacement Reserves. (i) For so long as the same person or entity is both Senior Lender and Supplemental Lender, monthly Monthly payments made by Borrower under the Senior Instrument from and after the effective date of this Supplemental Instrument as deposits for the payment of any Impositions shall be credited to the monthly deposits for the payment of such Impositions under this Supplemental Instrument.
Appears in 1 contract
Samples: And Security Agreement (Behringer Harvard Opportunity REIT II, Inc.)
