Deposit of Impositions. During the pendency of an Event of Default, Tenant, upon the demand of Landlord at any time, shall deposit with Depository on the first day of each month during the Term, an amount equal to one-twelfth (1/12th) of the annual Impositions for Taxes and those other Impositions required to be escrowed pursuant to Section 5.01(a). Except as set forth in Section 5.05 below, Landlord agrees that the amounts so deposited with the Depository shall be used to pay the Impositions for which such amounts were deposited. The Impositions Account may be held by Depository as a single bank account.
Appears in 6 contracts
Samples: Deed of Lease, www.fairfaxcounty.gov, www.fairfaxcounty.gov
Deposit of Impositions. During the pendency of an Event of Default, Tenant, upon the demand of Landlord at any time, shall deposit with Depository on the first day of each month during the Term, an amount equal to one-twelfth (1/12th) of the annual Impositions for Taxes and those other Impositions required to be escrowed pursuant to Section 5.01(a). Except as set forth in Section 5.05 below, Landlord Xxxxxxxx agrees that the amounts so deposited with the Depository shall be used to pay the Impositions for which such amounts were deposited. The Impositions Account may be held by Depository as a single bank account.
Appears in 2 contracts
Samples: www.fairfaxcounty.gov, Deed of Lease
Deposit of Impositions. During After the pendency occurrence and during the continuance of an Event of Default, Tenant, upon the demand of Landlord at any time, shall will deposit with Depository on the first day of each month during the Term, an amount equal to one-twelfth (1/12th) of the annual Impositions for Taxes and those other Impositions required to be escrowed pursuant to Section 5.01(a). Except as set forth in Section 5.05 below, Landlord Xxxxxxxx agrees that the amounts so deposited with the Depository shall will be used to pay the Impositions for which such amounts were deposited. The Impositions Account may be held by Depository as a single bank account.
Appears in 2 contracts
Samples: Deed of Lease, Deed of Lease
Deposit of Impositions. During After the pendency occurrence and during the continuance of an Event of Default, Tenant, upon the demand of Landlord at any time, shall deposit with Depository on the first day of each month during the Term, an amount equal to one-twelfth (1/12th) of the annual Impositions for Taxes and those other Impositions required to be escrowed pursuant to Section 5.01(a). Except as set forth in Section 5.05 below, Landlord agrees that the amounts so deposited with the Depository shall be used to pay the Impositions for which such amounts were deposited. The Impositions Account may be held by Depository as a single bank account.account.
Appears in 2 contracts
Samples: www.fairfaxcounty.gov, Comprehensive Agreement
Deposit of Impositions. During After the pendency occurrence and during the continuance of an Event of Default, Tenant, upon the demand of Landlord at any time, shall will deposit with Depository on the first day of each month during the Term, an amount equal to one-twelfth (1/12th) of the annual Impositions for Taxes and those other Impositions required to be escrowed pursuant to Section 5.01(a). Except as set forth in Section 5.05 below, Landlord agrees that the amounts so deposited with the Depository shall will be used to pay the Impositions for which such amounts were deposited. The Impositions Account may be held by Depository as a single bank account.
Appears in 1 contract
Samples: www.fairfaxcounty.gov
Deposit of Impositions. During After the pendency occurrence and during the continuance of an Event of Default, Tenant, upon the demand of Landlord at any time, shall deposit with Depository on the first day of each month during the Term, an amount equal to one-twelfth (1/12th) of the annual Impositions for Taxes and those other Impositions required to be escrowed pursuant to Section 5.01(a). Except as set forth in Section 5.05 below, Landlord agrees that the amounts so deposited with the Depository shall be used to pay the Impositions for which such amounts were deposited. The Impositions Account may be held by Depository as a single bank account.
Appears in 1 contract
Samples: www.fairfaxcounty.gov