Common use of Deposits of Rollover Funds Clause in Contracts

Deposits of Rollover Funds. (a) Borrowers shall deposit with or on behalf of Lender on each Monthly Payment Date the sum of $5,797.00 (the “Monthly Rollover Deposit”), 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”). Lender may from time to time reassess its reasonable estimate of the required monthly amount necessary for tenant improvements and leasing commissions and, upon notice to Borrowers, Borrowers shall be required to deposit with or on behalf of Lender each month such reassessed amount, which shall be transferred into 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) Borrowers Borrower shall deposit with or on behalf of Lender on each Monthly Payment Date the sum of $5,797.00 (the “Monthly Rollover Deposit”)3,694, for tenant improvements and leasing commissions that may be incurred following the date hereof, which amounts shall be transferred into an Account established by or on behalf of Lender to hold such funds (the “Rollover Account”). Lender may from time to time reassess its reasonable estimate of the required monthly amount necessary for tenant improvements and leasing commissions and, upon notice to BorrowersBorrower, Borrowers Borrower shall be required to deposit with or on behalf of Lender each month such reassessed amount, which shall be transferred into 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) Borrowers Borrower shall deposit with or on behalf of Lender on each Monthly Payment Date during the continuance of a Trigger Period, the sum of $5,797.00 (the “Monthly Rollover Deposit”)14,961, for tenant improvements and leasing commissions Approved Leasing Expenses for commercial Leases that may be incurred following the date hereof, which amounts shall be transferred into an Account (the “Rollover Account”). Lender may from time to time reassess its reasonable estimate of the required monthly amount necessary for tenant improvements and leasing commissions commissions, and, upon notice to BorrowersBorrower, Borrowers Borrower shall be required to deposit with or on behalf of Lender each month such reassessed amount, which shall be transferred into 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”.