Common use of Release of Required Repair Funds Clause in Contracts

Release of Required Repair Funds. Lender shall disburse to Borrower the Required Repair Funds from the Required Repair Account from time to time upon satisfaction by Borrower of each of the following conditions: (i) Borrower shall submit a written request for payment to Lender at least fifteen (15) days prior to the date on which Borrower requests such

Appears in 2 contracts

Samples: Loan Agreement (Inland Western Retail Real Estate Trust Inc), Loan Agreement (Inland Western Retail Real Estate Trust Inc)

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Release of Required Repair Funds. Lender shall disburse to Borrower the Required Repair Funds from the Required Repair Account from time to time upon satisfaction by Borrower of each of the following conditions: (ia) Borrower shall submit a written request for payment to Lender at least fifteen thirty (1530) days prior to the date on which Borrower requests suchsuch payment be made and specifies the Required Repairs to be paid, (b) on the date such request is

Appears in 1 contract

Samples: Loan Agreement (Global Income Trust, Inc.)

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Release of Required Repair Funds. Lender shall disburse to Borrower the Required Repair Funds from the Required Repair Account from time to time upon satisfaction by Borrower of each of the following conditions: (i) Borrower shall submit a written request for payment to Lender at least fifteen (15) days prior to the date on which Borrower requests suchsuch payment be made and specifies the Required Repairs to be paid, (ii) on the date such request is

Appears in 1 contract

Samples: Loan Agreement (Highlands REIT, Inc.)

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