Common use of Deposits into Escrow Clause in Contracts

Deposits into Escrow. Unless otherwise set forth below, Borrowers and Lender shall, not less than two (2) Business Days prior to the Closing Date, deposit the following documents, instruments and other items into Escrow, each duly executed and, where appropriate, witnessed, acknowledged and in recordable form, with all exhibits, schedules and annexes (each pre-approved by Lender) attached and executed as required: (i) One (1) copy of this Agreement, executed by Lender, by each Borrower and by each Credit Party and by each Guarantor and with all completed Annexes and Disclosure Schedules and Exhibits attached. (ii) With respect to the Western Medical Center - Anaheim, one (1) original Deed of Trust executed and acknowledged by PCHI with the legal description describing the fee simple interest in the Western Medical Center - Anaheim. (iii) With respect to the Western Medical Center - Santa Xxx, one (1) original Deed of Trust executed and acknowledged by PCHI with the legal description describing the fee simple interest in the Western Medical Center - Santa Xxx. (iv) With respect to the Coastal Communities Hospital, one (1) original Deed of Trust executed and acknowledged by PCHI with the legal description describing the fee simple interest in the Coastal Communities Hospital. (v) With respect to the Xxxxxxx Medical Center: (A) one (1) original Deed of Trust executed and acknowledged by IHHI with the legal description describing (1) the fee simple interest in the Xxxxxxx Medical Center, and (2) IHHI's interest, as MOB Tenant, in the Xxxxxxx MOB Lease; and (B) one (1) original Deed of Trust executed and acknowledged by IHHI with the legal description describing (1) the fee simple interest in the Xxxxxxx Medical Center, and (2) IHHI's interest, as Hospital Tenant, in the Xxxxxxx Hospital Lease (vi) With respect to the Western Medical Center - Anaheim, one (1) original Absolute Assignment of Leases and Rents executed and acknowledged by PCHI, IHHI and WMC-A with the legal description describing the fee simple interest in the Western Medical Center - Anaheim. (vii) With respect to the Western Medical Center - Santa Xxx, one (1) original Absolute Assignment of Leases and Rents executed and acknowledged by PCHI, IHHI and WMC-SA with the legal description describing the fee simple interest in the Western Medical Center - Santa Xxx. (viii) With respect to the Coastal Communities Hospital, one (1) original Absolute Assignment of Leases and Rents executed and acknowledged by PCHI, IHHI and Coastal with the legal description describing the fee simple interest in the Coastal Communities Hospital. (ix) With respect to the Xxxxxxx Western Medical Center: (A) one (1) original Absolute Assignment of Leases and Rents executed and acknowledged by IHHI with the legal description describing (1) the fee simple interest in the Xxxxxxx Medical Center, and (2) IHHI's interest, as Hospital Tenant, in the Xxxxxxx Hospital Lease; and. (B) one (1) original Absolute Assignment of Leases and Rents executed and acknowledged by IHHI with the legal description describing (1) the fee simple interest in the Xxxxxxx Medical Center, and (2) IHHI's interest, as MOB Tenant, in the Xxxxxxx MOB Lease. (x) Escrow Instructions executed by each Borrower and each Credit Party and each Guarantor. (xi) For each Property, all UCC-1 Financing Statements (Fixture Filing) as are required by Lender under the Loan Documents, naming the applicable Person's as Debtor. (xii) All other documents, resolutions, charter documents, affidavits and items required by any Title Company pursuant to and as set forth in any Title Commitment. (xiii) By 11:00 a.m. Los Angeles time on the Closing Date, Lender and Borrowers shall deposit into Escrow any funds required by this Agreement.

Deposits into Escrow. Unless otherwise set forth below, Borrowers and Lender shall, not less than two (2) Business Days prior to the Closing Date, deposit the following documents, instruments and other items into Escrow, each duly executed and, where appropriate, witnessed, acknowledged and in recordable form, with all exhibitsExhibits, schedules Disclosure Schedules and annexes Annexes (each pre-approved by Lender) attached and executed as required: (i) One (1) copy of this Agreement, executed by Lender, by each Borrower and Borrower, by each Credit Party and by each Guarantor and with all completed Annexes and Disclosure Schedules and Exhibits attached. (ii) With respect to the Western Medical Center - Anaheim, one (1) original Deed of Trust executed and acknowledged by PCHI with the legal description describing the fee simple interest in the Western Medical Center - Anaheim. (iii) With respect to the Western Medical Center - Santa Xxx, one (1) original Deed of Trust executed and acknowledged by PCHI with the legal description describing the fee simple interest in the Western Medical Center - Santa Xxx. (iv) With respect to the Coastal Communities Hospital, one (1) original Deed of Trust executed and acknowledged by PCHI with the legal description describing the fee simple interest in the Coastal Communities Hospital. (v) With respect to the Xxxxxxx Medical Center: (A1) one (1) original Deed of Trust executed and acknowledged by IHHI with the legal description describing (1) the fee simple interest in the Xxxxxxx Medical Center, and (2) IHHI's interest, as MOB Tenant, in the Xxxxxxx MOB Lease; and (B2) one (1) original Deed of Trust executed and acknowledged by IHHI with the legal description describing (1) the fee simple interest in the Xxxxxxx Medical Center, and (2) IHHI's interest, as Hospital Tenant, in the Xxxxxxx Hospital Lease. (vi) With respect to the Western Medical Center - Anaheim, one (1) original Absolute Assignment of Leases and Rents executed and acknowledged by PCHI, IHHI and WMC-A with the legal description describing the fee simple interest in the Western Medical Center - Anaheim. (vii) With respect to the Western Medical Center - Santa Xxx, one (1) original Absolute Assignment of Leases and Rents executed and acknowledged by PCHI, IHHI and WMC-SA with the legal description describing the fee simple interest in the Western Medical Center - Santa Xxx. (viii) With respect to the Coastal Communities Hospital, one (1) original Absolute Assignment of Leases and Rents executed and acknowledged by PCHI, IHHI and Coastal with the legal description describing the fee simple interest in the Coastal Communities Hospital. (ix) With respect to the Xxxxxxx Western Medical Center: (A1) one (1) original Absolute Assignment of Leases and Rents executed and acknowledged by IHHI with the legal description describing (1) the fee simple interest in the Xxxxxxx Medical Center, and (2) IHHI's interest, as Hospital Tenant, in the Xxxxxxx Hospital Lease; and. (B2) one (1) original Absolute Assignment of Leases and Rents executed and acknowledged by IHHI with the legal description describing (1) the fee simple interest in the Xxxxxxx Medical Center, and (2) IHHI's interest, as MOB Tenant, in the Xxxxxxx MOB Lease. (x) With respect to all Properties, requests to reconvey or deeds of reconveyance of all existing Liens and encumbrances, in each case executed by the applicable beneficiary or payee or mortgagee. (xi) Escrow Instructions executed by each Borrower and each Credit Party and each GuarantorBorrower. (xixii) For each Property, all UCC-1 Financing Statements (Fixture Filing) as are required by Lender under the Loan Documents, naming the applicable Person's as Debtor. (xiixiii) All other documents, instruments, certificates, resolutions, charter documents, affidavits and items required by any Title Company pursuant to and as set forth in any Title Commitment.Company. 27 (xiiixiv) By 11:00 a.m. Los Angeles time on the Closing Date, Lender and Borrowers shall deposit into Escrow any funds the amount required by this Agreementthe Notice of Request for Advance, less any amounts withheld for payment of the Origination Fee, Lender's Costs and the Previous Amount Owed.

Deposits into Escrow. Unless otherwise set forth below, Borrowers and Closing Date Lender shall, not less than two (2) Business Days prior to the Closing Date, deposit the following documents, instruments and other items into Escrow, each duly executed and, where appropriate, witnessed, acknowledged and in recordable form, with all exhibits, schedules and annexes (each pre-approved by LenderClosing Date Lender ) attached and executed as required: (i) One (1) copy of this Agreement, executed by Closing Date Lender, by each Borrower and by each Credit Party and by each Guarantor and with all completed Annexes and Disclosure Schedules and Exhibits attached. (ii) With respect to the Western Medical Center - Anaheim, one (1) original $80,000,000 Deed of Trust executed and acknowledged by PCHI with the legal description describing the fee simple interest in the Western Medical Center - Anaheim. (iii) With respect to the Western Medical Center - Santa Xxx, one (1) original $80,000,000 Deed of Trust executed and acknowledged by PCHI with the legal description describing the fee simple interest in the Western Medical Center - Santa Xxx. (iv) With respect to the Coastal Communities Hospital, one (1) original $80,000,000 Deed of Trust executed and acknowledged by PCHI with the legal description describing the fee simple interest in the Coastal Communities Hospital. (v) With respect to the Xxxxxxx Medical Center: (A) one (1) original $80,000,000 Deed of Trust executed and acknowledged by IHHI with the legal description describing (1) the fee simple interest in the Xxxxxxx Medical Center, and (2) IHHI's ’s interest, as MOB Tenant, in the Xxxxxxx MOB Lease; and (B) one (1) original $80,000,000 Deed of Trust executed and acknowledged by IHHI with the legal description describing (1) the fee simple interest in the Xxxxxxx Medical Center, and (2) IHHI's ’s interest, as Hospital Tenant, in the Xxxxxxx Hospital Lease. (vi) With respect to the Western Medical Center - Anaheim, one (1) original Absolute Assignment of Leases and Rents executed and acknowledged by PCHI, IHHI and WMC-A with the legal description describing the fee simple interest in the Western Medical Center - Anaheim. (vii) With respect to the Western Medical Center - Santa Xxx, one (1) original Absolute Assignment of Leases and Rents executed and acknowledged by PCHI, IHHI and WMC-SA with the legal description describing the fee simple interest in the Western Medical Center - Santa Xxx. (viii) With respect to the Coastal Communities Hospital, one (1) original Absolute Assignment of Leases and Rents executed and acknowledged by PCHI, IHHI and Coastal with the legal description describing the fee simple interest in the Coastal Communities Hospital. (ix) With respect to the Xxxxxxx Western Medical Center: (A) one (1) original Absolute Assignment of Leases and Rents executed and acknowledged by IHHI with the legal description describing (1) the fee simple interest in the Xxxxxxx Medical Center, and (2) IHHI's ’s interest, as Hospital Tenant, in the Xxxxxxx Hospital Lease; and. (B) one (1) original Absolute Assignment of Leases and Rents executed and acknowledged by IHHI with the legal description describing (1) the fee simple interest in the Xxxxxxx Medical Center, and (2) IHHI's ’s interest, as MOB Tenant, in the Xxxxxxx MOB Lease. (x) Escrow Instructions executed by each Borrower and each Credit Party and each Guarantor. (xi) For each Property, all UCC-1 Financing Statements (Fixture Filing) as are required by Closing Date Lender under the Loan Documents, naming the applicable Person's ’s as Debtor. (xii) All other documents, resolutions, charter documents, affidavits and items required by any Title Company pursuant to and as set forth in any Title Commitment. (xiii) By 11:00 a.m. Los Angeles time on the Closing Date, Closing Date Lender and Borrowers shall deposit into Escrow any funds required by this Agreement.