Common use of Deposits of Rollover Funds Clause in Contracts

Deposits of Rollover Funds. (a) Borrower shall deposit with Lender (i) on the Closing Date, an amount equal to $343,082 and (ii) on each Monthly Payment Date the sum of $171,541.00, for tenant improvements and leasing commissions that may be incurred following the date hereof, which amounts shall be transferred into an Account (the “Rollover Account”). Amounts deposited from time to time into the Rollover Account pursuant to this Section 6.6.1 are referred to herein as the “Rollover Funds”.

Deposits of Rollover Funds. (a) During the continuance of a Trigger Period, Borrower shall shall, subject to Sections 6.9.2 and 6.6.3 hereof, deposit with Lender (i) on the Closing Date, each Monthly Payment Date an amount equal to $343,082 and (ii) on each Monthly Payment Date the sum of $171,541.00113,071.75, for tenant improvements and leasing commissions that may be incurred following the date hereofAcceptable Leasing Expenses, which amounts shall be transferred into an Account established to hold such funds (the “Rollover Account”). Amounts deposited from time to time into the Rollover Account pursuant to this Section 6.6.1 are referred to herein as the “Rollover Funds”.

Deposits of Rollover Funds. (a) On each Monthly Payment Date, Borrower shall deposit with Lender (i) on the Closing Date, an amount equal to Twelve Thousand Five Hundred Thirteen and 67/100 Dollars ($343,082 and 12,513.67) (iithe “Monthly Rollover Deposit”) on each Monthly Payment Date the sum of $171,541.00, for tenant improvements and leasing commissions that may be incurred following the date hereof, which amounts shall be transferred into an Account (the “Rollover Account”). Amounts deposited from time to time into the Rollover Account pursuant to this Section 6.6.1 7.4.1 are referred to herein as the “Rollover Funds” and the account in which such amounts are held by Lender shall hereinafter be referred to as the “Rollover Account.”.

Deposits of Rollover Funds. (a) On each Monthly Payment Date, Borrower shall deposit with Lender (i) on the Closing Date, an amount equal to One Thousand Two Hundred Twelve and 67/100 Dollars ($343,082 and 1,212.67) (iithe “Monthly Rollover Deposit”) on each Monthly Payment Date the sum of $171,541.00, for tenant improvements and leasing commissions that may be incurred following the date hereof, which amounts shall be transferred into an Account (the “Rollover Account”). Amounts deposited from time to time into the Rollover Account pursuant to this Section 6.6.1 7.4.1 are referred to herein as the “Rollover Funds” and the account in which such amounts are held by Lender shall hereinafter be referred to as the “Rollover Account.”.

Deposits of Rollover Funds. (a) During the continuance of a Trigger Period, Borrower shall shall, subject to Sections 6.10.2 and 6.6.3 hereof, deposit with Lender (i) on the Closing Date, each Monthly Payment Date an amount equal to $343,082 and (ii) on each Monthly Payment Date the sum of $171,541.00113,071.75, for tenant improvements and leasing commissions that may be incurred following the date hereofAcceptable Leasing Expenses, which amounts shall be transferred into an Account established to hold such funds (the “Rollover Account”). Amounts deposited from time to time into the Rollover Account pursuant to this Section 6.6.1 are referred to herein as the “Rollover Funds”.