Insufficient Account. If Borrower requests disbursement from the Replacement Reserve Fund for a Capital Replacement in accordance with this Agreement in an amount which exceeds the amount on deposit in the Replacement Reserve Fund, Lender shall disburse to Borrower only the amount on deposit in the Replacement Reserve Fund. Borrower shall pay all additional amounts required in connection with any such Capital Replacement from Borrower's own funds.
Appears in 5 contracts
Samples: Replacement Reserve Agreement, Replacement Reserve Agreement, Replacement Reserve Agreement (Us Realty Partners LTD Partnership)
Insufficient Account. If Borrower requests disbursement from the Replacement Reserve Fund for a Capital Replacement in accordance with this Agreement in an amount which exceeds the amount on deposit in the Replacement Reserve Fund, Lender shall disburse to Borrower only the amount on deposit in the Replacement Reserve Fund. Borrower shall pay all All additional amounts required in connection with any such Capital Replacement shall be paid by Borrower from Borrower's own funds.
Appears in 4 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding, Replacement Reserve Agreement (Fox Strategic Housing Income Partners)
Insufficient Account. If Borrower requests disbursement from the Replacement Reserve Fund for a Capital Replacement in accordance with this Agreement in an amount which exceeds the amount on deposit in the Replacement Reserve Fund, Lender shall disburse to Borrower only the amount on deposit in the Replacement Reserve Fund. Borrower shall pay all additional amounts required in connection with any such Capital Replacement from Borrower's ’s own funds.
Appears in 2 contracts
Samples: Replacement Reserve Agreement, Replacement Reserve Agreement (Paladin Realty Income Properties Inc)
Insufficient Account. If Borrower requests disbursement from the Replacement Reserve Fund for a Capital Replacement in accordance with this Agreement in an amount which exceeds the amount on deposit in the Replacement Reserve Fund, Lender shall will disburse to Borrower only the amount on deposit in the Replacement Reserve Fund. Borrower shall will pay all additional amounts required in connection with any such Capital Replacement from Borrower's ’s own funds.
Appears in 1 contract
Samples: Replacement Reserve Agreement
Insufficient Account. If Borrower requests disbursement from the Replacement Reserve Fund for a Capital Replacement in accordance with this Agreement in an amount which exceeds the amount on deposit in the Replacement Reserve Fund, Lender shall disburse to Borrower only the amount on deposit in the Replacement Reserve Fund. Borrower shall pay all All additional amounts required in connection with any such Capital Replacement shall be paid by Borrower from Borrower's ’s own funds.
Appears in 1 contract
Samples: Replacement Reserve Agreement
