DEPOSITS TO THE REPLACEMENT RESERVE. (a) Concurrently with the execution of this Agreement, Borrower shall deposit with Lender the sum of $15,000.00 (the "Initial Deposit").
Appears in 3 contracts
Samples: Replacement Reserve and Security Agreement (American Retirement Villas Properties Iii LTD Partnership), Replacement Reserve and Security Agreement (American Retirement Villas Properties Ii), Replacement Reserve and Security Agreement (Arv Assisted Living Inc)
DEPOSITS TO THE REPLACEMENT RESERVE. (a) Concurrently with the execution of this Agreement, Borrower shall deposit with Lender the sum of $15,000.00 0.00 (the "Initial Deposit").
Appears in 2 contracts
Samples: Replacement Reserve and Security Agreement (Cornerstone Realty Income Trust Inc), Replacement Reserve and Security Agreement (Cornerstone Realty Income Trust Inc)
