Common use of Deferred Maintenance Costs and Remediation Costs Clause in Contracts

Deferred Maintenance Costs and Remediation Costs. On the date hereof, Borrower shall deposit $0 into the Deferred Maintenance and Environmental Reserve Account, which amounts shall be used for payment of costs incurred by Borrower in connection with any deferred maintenance or Remediation required pursuant to this Agreement.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)

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Deferred Maintenance Costs and Remediation Costs. On the date hereof, Borrower shall deposit $0 55,469.00 into the Deferred Maintenance and Environmental Reserve Account, which amounts shall be used for payment of costs incurred by Borrower in connection with any deferred maintenance or Remediation required pursuant to this AgreementSection 5.6.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement (Digital Realty Trust, Inc.)

Deferred Maintenance Costs and Remediation Costs. On the date hereof, Borrower shall deposit $0 40,250 into the Deferred Maintenance and Environmental Reserve Account, which amounts shall be used for payment of costs incurred by Borrower in connection with any deferred maintenance or Remediation required pursuant to this AgreementSection 5.6.

Appears in 1 contract

Samples: Loan Agreement (Gladstone Commercial Corp)

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Deferred Maintenance Costs and Remediation Costs. On the date hereof, Borrower shall deposit Seventy-Five Thousand and No/100 Dollars ($0 75,000.00) into the Deferred Maintenance and Environmental Reserve Account, which amounts shall be used for payment of costs incurred by Borrower in connection with any deferred maintenance or Remediation required pursuant to this AgreementSection 8.22.

Appears in 1 contract

Samples: Loan Agreement (Behringer Harvard Opportunity REIT II, Inc.)

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