Deposits of HOA Funds. Borrower shall deposit with Lender on the Closing Date, an amount equal to the HOA Fees that Lender estimates will be payable with respect to all Applicable HOA Properties during the next ensuing twelve (12) months (initially, $97,247.40) which amounts shall be transferred into a subaccount established at the Collection Account Bank to hold such funds (the “HOA Subaccount”). Amounts deposited from time to time into the HOA Subaccount pursuant to this Section 6.
Appears in 2 contracts
Samples: Loan Agreement (Invitation Homes Inc.), Loan Agreement (Invitation Homes Inc.)
Deposits of HOA Funds. Borrower shall deposit with Lender on the Closing Date, an amount equal to the HOA Fees that Lender estimates will be payable with respect to all Applicable HOA Properties during the next ensuing twelve (12) months (initially, $97,247.4062,718.08) which amounts shall be transferred into a subaccount established at the Collection Account Bank to hold such funds (the “HOA Subaccount”). Amounts deposited from time to time into the HOA Subaccount pursuant to this Section 6.
Appears in 2 contracts
Samples: Loan Agreement (Invitation Homes Inc.), Loan Agreement (Invitation Homes Inc.)
Deposits of HOA Funds. Borrower shall deposit with Lender on the Closing Date, an amount equal to the HOA Fees that Lender estimates will be payable with respect to all Applicable HOA Properties during the next ensuing twelve (12) months (initially, $97,247.4066,366) which amounts shall be transferred into a subaccount established at the Collection Account Bank to hold such funds (the “HOA Subaccount”). Amounts deposited from time to time into the HOA Subaccount pursuant to this Section 6.Collection
Appears in 2 contracts
Samples: Loan Agreement (Invitation Homes Inc.), Loan Agreement (Invitation Homes Inc.)
Deposits of HOA Funds. Borrower shall deposit with Lender on the Closing Date, Date an amount equal to the HOA Fees that Lender estimates will be payable with respect to all HOAs in Applicable HOA Properties States during the next ensuing twelve (12) months (initially, $97,247.4027,819.04) which amounts shall be transferred into a subaccount established at the Collection an Account Bank to hold such funds (the “HOA SubaccountAccount”). Amounts deposited from time to time into the HOA Subaccount Account pursuant to this Section 6.
Appears in 2 contracts
Samples: Loan Agreement (Invitation Homes Inc.), Loan Agreement (Invitation Homes Inc.)
Deposits of HOA Funds. Borrower shall deposit with Lender on the Closing Date, an amount equal to the HOA Fees that Lender estimates will be payable with respect to all Applicable HOA Properties during the next ensuing twelve (12) months (initially, $97,247.40414,157.56) which amounts shall be transferred into a subaccount established at the Collection Account Bank to hold such funds (the “HOA Subaccount”). Amounts deposited from time to time into the HOA Subaccount pursuant to this Section 6.
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Deposits of HOA Funds. Borrower shall deposit with Lender on the Closing Date, an amount equal to the HOA Fees that Lender estimates will be payable with respect to all Applicable HOA Properties during the next ensuing twelve (12) months (initially, $97,247.40103,253) which amounts shall be transferred into a subaccount established at the Collection Account Bank to hold such funds (the “HOA Subaccount”). Amounts deposited from time to time into the HOA Subaccount pursuant to this Section 6.
Appears in 1 contract
Deposits of HOA Funds. Borrower shall deposit with Lender Administrative Agent on the Closing Date, an amount equal to the HOA Fees that Lender Administrative Agent estimates will be payable with respect to all Applicable HOA Properties during the next ensuing twelve (12) months (initially, $97,247.40130,837) which amounts shall be transferred into a subaccount established at the Collection Account Bank to hold such funds (the “HOA Subaccount”). Amounts deposited from time to time into the HOA Subaccount pursuant to this Section 6.
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Deposits of HOA Funds. Borrower shall deposit with Lender on the Closing Date, an amount equal to the HOA Fees that Lender estimates will be payable with respect to all Applicable HOA Properties during the next ensuing twelve (12) months (initially, $97,247.40236,184) which amounts shall be transferred into a subaccount established at the Collection Account Bank to hold such funds (the “HOA Subaccount”). Amounts deposited from time to time into the HOA Subaccount pursuant to this Section 6.
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Deposits of HOA Funds. Borrower shall deposit with Lender Xxxxxx, on the Closing Date, an amount equal to the HOA Fees that Lender estimates will be payable with respect to all Applicable HOA Properties during the next ensuing twelve (12) months (initially$60,000.00), $97,247.40) which amounts shall be transferred into a subaccount an Account established at the Collection Cash Management Account Bank to hold such funds (the “HOA SubaccountAccount”). Amounts deposited from time to time into the HOA Subaccount Account pursuant to this Section 6.
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Deposits of HOA Funds. Borrower shall deposit with Lender on the Closing Date, an amount equal to the HOA Fees that Lender estimates will be payable with respect to all Applicable HOA Properties during the next ensuing twelve (12) months (initially, $97,247.40202,934) which amounts shall be transferred into a subaccount established at the Collection Account Bank to hold such funds (the “HOA Subaccount”). Amounts deposited from time to time into the HOA Subaccount pursuant to this Section 6.
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Deposits of HOA Funds. Borrower shall deposit with Lender on the Closing Date, an amount equal to the HOA Fees that Lender estimates will be payable with respect to all Applicable HOA Properties during the next ensuing twelve (12) months (initially, $97,247.40140,876) which amounts shall be transferred into a subaccount established at the Collection Account Bank to hold such funds (the “HOA Subaccount”). Amounts deposited from time to time into the HOA Subaccount pursuant to this Section 6.
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Deposits of HOA Funds. Borrower shall deposit with Lender on the Closing Date, an amount equal to the HOA Fees that Lender estimates will be payable with respect to all Applicable HOA Properties during the next ensuing twelve (12) months (initially, $97,247.40143,666) which amounts shall be transferred into a subaccount established at the Collection Account Bank to hold such funds (the “HOA Subaccount”). Amounts deposited from time to time into the HOA Subaccount pursuant to this Section 6.
Appears in 1 contract
Deposits of HOA Funds. Borrower shall deposit with Lender on the Closing Date, an amount equal to the HOA Fees that Lender estimates will be payable with respect to all Applicable HOA Properties during the next ensuing twelve (12) months (initially, $97,247.40) which amounts shall be transferred into a subaccount established at the Collection Account Bank to hold such funds (the “HOA Subaccount”). Amounts deposited from time to time into the HOA Subaccount pursuant to this Section 662,718.
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Samples: Loan Agreement