Common use of Deposits to Excess Cash Flow Reserve Account Clause in Contracts

Deposits to Excess Cash Flow Reserve Account. During a Cash Sweep Period prior to the Anticipated Repayment Date, Borrower shall deposit with Lender all Excess Cash Flow in the Cash Management Account, which shall be held by Lender as additional security for the Loan and amounts so held shall be hereinafter referred to as the “Excess Cash Flow Reserve Fund” and the account to which such amounts are held shall hereinafter be referred to as the “Excess Cash Flow Reserve Account”. If on or prior to the Anticipated Repayment Date Borrower does not pay to Lender the Outstanding Principal Balance, all accrued and unpaid interest and all other amounts due hereunder and under the Note, the Security Instrument and the other Loan Documents, then, on the Anticipated Repayment Date, all funds in the Excess Cash Flow Reserve Account and all Excess Cash Flow that accrues thereafter shall be applied pursuant to the Note. Following the Anticipated Repayment Date, all Excess Cash Flow in the Cash Management Account shall be applied by Lender pursuant to the Note.

Deposits to Excess Cash Flow Reserve Account. During a Cash Sweep Period, provided that a Major Tenant Trigger Period does not then exist (unless available funds on deposit in the Major Tenant Rollover Account exceed the Major Tenant Rollover Funds Cap), prior to the Anticipated Repayment Date, Borrower shall deposit with Lender all Excess Cash Flow in the Cash Management Account, which shall be held by Lender as additional security for the Loan and amounts so held shall be hereinafter referred to as the “Excess Cash Flow Reserve Fund” and the account to which such amounts are held shall hereinafter be referred to as the “Excess Cash Flow Reserve Account”. If on or prior to the Anticipated Repayment Date Borrower does not pay to Lender the Outstanding Principal Balance, all accrued and unpaid interest and all other amounts due hereunder and under the Note, the Security Instrument and the other Loan Documents, then, on the Anticipated Repayment Date, all funds in the Excess Cash Flow Reserve Account and all Excess Cash Flow that accrues thereafter shall be applied pursuant to the Note. Following the Anticipated Repayment Date, all Excess Cash Flow in the Cash Management Account shall be applied by Lender pursuant to the Note.

Deposits to Excess Cash Flow Reserve Account. During a Cash Sweep Period prior to the Anticipated Repayment Datecaused by a DSCR Trigger Event or Manager Trigger Event, Borrower shall deposit with Lender all Excess Cash Flow in the Cash Management Account, which shall be held by Lender as additional security for the Loan and amounts so held shall be hereinafter referred to as the “Excess Cash Flow Reserve Fund” and the account to which such amounts are held shall hereinafter be referred to as the “Excess Cash Flow Reserve Account.” Notwithstanding the aforementioned or the provisions of any other Loan Document, for Cash Sweep Periods existing solely as a result of a Manager Trigger Event, the aggregate amount of the Excess Cash Flow Reserve Fund shall not exceed on any Payment Date an amount equal to $10.00 per square foot multiplied by the aggregate net rentable area of all Individual Properties being managed by any Manager that is the subject of a Bankruptcy Action (the “Excess Cash Flow Cap”). If on or prior Accordingly, to the Anticipated Repayment Date Borrower does not pay extent any deposit to Lender the Outstanding Principal Balance, all accrued and unpaid interest and all other amounts due hereunder and under Excess Cash Flow Reserve Fund during the Note, existence of a Cash Sweep Period resulting solely from a Manager Trigger Event would result in the Security Instrument and the other Loan Documents, then, on the Anticipated Repayment Date, all funds aggregate amount of Excess Cash Flow Reserve Funds in the Excess Cash Flow Reserve Account and all exceeding the then applicable Excess Cash Flow that accrues thereafter Reserve Cap, such deposit shall be applied pursuant decreased by an amount equal to the Note. Following the Anticipated Repayment Date, all Excess Cash Flow in the Cash Management Account shall be applied by Lender pursuant to the Notesuch excess.