Common use of Immediate Repair Escrow Generally Clause in Contracts

Immediate Repair Escrow Generally. Amounts in the Immediate Repair Escrow Account are to be used for the purpose of funding the Immediate Repairs, which Borrower covenants and agrees to perform in accordance with the terms of this Loan Agreement on or before the dates specified on Exhibit C but not later than twelve (12) months from the date hereof.

Appears in 2 contracts

Samples: Loan Agreement (Cole Credit Property Trust V, Inc.), Loan Agreement (Cole Credit Property Trust V, Inc.)

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Immediate Repair Escrow Generally. Amounts in the Immediate Repair Escrow Account are to be used for the purpose of funding the Immediate Repairs, which Borrower covenants and agrees to perform in accordance with the terms of this Loan Agreement on or before the dates specified on Exhibit C but not later than twelve (12) months 60 days from the date hereof.

Appears in 1 contract

Samples: Loan Agreement (Consolidated Capital Properties Iv)

Immediate Repair Escrow Generally. Amounts in the Immediate Repair Escrow Account are to be used for the purpose of funding the Immediate Repairs, which Borrower covenants and agrees to perform in accordance with the terms of this Loan Agreement on or before the dates specified on Exhibit C B but not later than twelve (12) months from the date hereof.

Appears in 1 contract

Samples: Loan Agreement (Independence Realty Trust, Inc)

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Immediate Repair Escrow Generally. Amounts in the Immediate Repair Escrow Account are to be used for the purpose of funding the Immediate Repairs, which Borrower covenants and agrees to perform in accordance with the terms of this Loan Agreement on or before the dates specified on Exhibit C but not later than twelve (12) 12 months from the date hereof.

Appears in 1 contract

Samples: Loan Agreement (Behringer Harvard Opportunity REIT I, Inc.)

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