Common use of Deposits to Leasing Reserve Fund Clause in Contracts

Deposits to Leasing Reserve Fund. All Lease Termination Payments shall be deposited in the Leasing Reserve Account with and held by Lender for tenant improvement and leasing commission obligations incurred in connection with the re-leasing of the space demised under the related Lease. Amounts so deposited shall hereinafter be referred to as the “Leasing Reserve Fund”.

Appears in 3 contracts

Samples: Loan Agreement (U-Store-It Trust), Loan Agreement (U-Store-It Trust), Loan Agreement (U-Store-It Trust)

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Deposits to Leasing Reserve Fund. All Lease Termination Payments shall be deposited in the Leasing Reserve Account with and held by Lender for tenant improvement and leasing commission obligations incurred in connection with the re-leasing of the space demised under the related Lease. Amounts so deposited shall hereinafter be referred to as the "Leasing Reserve Fund".

Appears in 2 contracts

Samples: Loan Agreement (U-Store-It Trust), Loan Agreement (U-Store-It Trust)

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