Common use of Deposit to the Immediate Repair Escrow Account Clause in Contracts

Deposit to the Immediate Repair Escrow Account. On the Closing Date, Borrower shall deposit $0.00 with Lender as the reserve for completion of the Immediate Repairs ("Immediate Repair Deposit").

Appears in 2 contracts

Samples: Loan Agreement (Cole Credit Property Trust V, Inc.), Loan Agreement (Cole Credit Property Trust V, Inc.)

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Deposit to the Immediate Repair Escrow Account. On the Closing Date, Borrower shall deposit $0.00 70,437.00 with Lender as the reserve for completion of the Immediate immediate Repairs ("Immediate Repair DepositIMMEDIATE REPAIR DEPOSIT"). Notwithstanding the foregoing, Borrower has also transferred the Letters of Credit to Lender pursuant to those certain Notices of Transfer dated _________, 2004 (the "NOTICE").

Appears in 1 contract

Samples: Loan Agreement (Corporate Property Associates 16 Global Inc)

Deposit to the Immediate Repair Escrow Account. On the Closing Date, Borrower shall deposit Zero and 00/100 Dollars ($0.00 0.00) (deposit waived) with Lender as the reserve for completion of the Immediate Repairs ("Immediate Repair Deposit").

Appears in 1 contract

Samples: Loan Agreement (Consolidated Capital Properties Iv)

Deposit to the Immediate Repair Escrow Account. On the Closing Date, Borrower shall deposit $0.00 -0- with Lender as the reserve for completion of the Immediate Repairs ("Immediate Repair Deposit").

Appears in 1 contract

Samples: Loan Agreement (Independence Realty Trust, Inc)

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Deposit to the Immediate Repair Escrow Account. On the Closing Date, Borrower shall deposit proceeds from the Loan in an amount equal to $0.00 9,375.00 with Lender as the reserve for completion of the Immediate Repairs ("Immediate Repair Deposit").

Appears in 1 contract

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

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