Common use of Release of Reserve Funds Clause in Contracts

Release of Reserve Funds. Any amount remaining in the Reserve Funds and the Security Accounts after the Loans have been paid in full shall be promptly returned to Borrower.

Appears in 6 contracts

Samples: Loan Agreement (Acadia Realty Trust), Loan Agreement (Acadia Realty Trust), Loan Agreement (Morgans Hotel Group Co.)

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Release of Reserve Funds. Any amount remaining in the Reserve Funds and the Security Accounts after the Loans have been paid in full shall be promptly returned to the Borrower.

Appears in 1 contract

Samples: Construction Loan Agreement (Maguire Properties Inc)

Release of Reserve Funds. Any amount remaining in the Reserve Funds and the Security Accounts after the Loans have Debt has been paid in full shall be promptly returned to Borrower.

Appears in 1 contract

Samples: Loan Agreement (General Growth Properties, Inc.)

Release of Reserve Funds. Any amount remaining in the Reserve Funds and the Security Accounts after the Loans have Debt has been paid in full shall be promptly returned to BorrowerBorrowers.

Appears in 1 contract

Samples: Loan Agreement (General Growth Properties, Inc.)

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Release of Reserve Funds. Any amount remaining in the Interest Reserve Funds and the Security Accounts Fund after the Loans have been paid in full shall be promptly returned to Borrower.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Morgans Hotel Group Co.)

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