Common use of Funds Dedicated to Particular Purpose Clause in Contracts

Funds Dedicated to Particular Purpose. Funds held in a Reserve Account are not to be used to fund Reserve Items contemplated by a different Reserve Account, and Borrower may not use and Lender shall have no obligation to apply funds from one Reserve Account to pay for Reserve Items contemplated by another Reserve Account. For example, (i) funds held in the Immediate Repair Escrow Account shall not be used to pay for Replacements, Tenant Improvements or Leasing Commissions; (ii) funds held in the Replacement Reserve Account shall not be used to pay for Immediate Repairs, Tenant Improvements or Leasing Commissions, and (iii) funds held in the TIILC Reserve Account shall not be used to pay for Immediate Repairs or Replacements.

Funds Dedicated to Particular Purpose. Funds held in a Reserve Account are not to be used to fund Reserve Items contemplated by a different Reserve Account, and Borrower may not use and Lender shall have no obligation to apply funds from one Reserve Account to pay for Reserve Items contemplated by another Reserve Account. For example, (i) funds held in the Immediate Repair Escrow Account shall not be used to pay for Replacements, Tenant Improvements or Leasing Commissions; (ii) funds held in the Replacement Reserve Account shall not be used to pay for Immediate Repairs, Tenant Improvements or Leasing Commissions, ; and (iii) funds held in the TIILC TI/LC Reserve Account shall not be used to pay for Immediate Repairs or Replacements.

Funds Dedicated to Particular Purpose. Funds held in a Reserve Account are not to be used to fund Reserve Items contemplated by a different Reserve Account, and Borrower may not use and Lender shall have no obligation to apply funds from one Reserve Account to pay for Reserve Items contemplated by another Reserve Account. For example, (i) funds held in the Immediate Repair Escrow Account shall not be used to pay for Replacements, Tenant Improvements or Leasing Commissions; (ii) funds held in the Replacement Reserve Account shall not be used to pay for Immediate Im.rpediate Repairs, Tenant Improvements or Leasing Commissions, and (iii) funds held in the TIILC TI/LC Reserve Account shall not be used to pay for Immediate Repairs or Replacements.

Funds Dedicated to Particular Purpose. Funds held in a Reserve Account are not to be used to fund Reserve Items contemplated by a different Reserve Account, and Borrower may not use and Lender shall have no obligation to apply funds from one Reserve Account to pay for Reserve Items contemplated by another Reserve Account. For example, (i) funds held in the Immediate Repair Escrow Account shall not be used to pay for Replacements, Tenant Improvements or Leasing Commissions; (ii) funds held in the Replacement replacement Reserve Account shall not be used to pay for Immediate Repairs, Tenant Improvements or Leasing Commissions, and (iii) funds held in the TIILC TI/LC Reserve Account shall not be used to pay for Immediate Repairs or Replacements.