Common use of Reserve Accounts and Disbursement Requests Clause in Contracts

Reserve Accounts and Disbursement Requests. At Lender’s option, as additional security for the indebtedness secured hereby, Borrower shall establish and maintain the reserve accounts required by this Section 1.28, subject to the security interest therein as more fully set forth in Section 1.19 hereof.

Appears in 7 contracts

Samples: Deed of Trust, Assignment of Leases and Rents and Security Agreement (Gladstone Commercial Corp), Deed of Trust, Assignment of Leases and Rents and Security Agreement (Gladstone Commercial Corp), Open End Mortgage, Assignment of Leases and Rents and Security Agreement (Gladstone Commercial Corp)

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Reserve Accounts and Disbursement Requests. At Lender’s option, as additional security for the indebtedness secured herebyDebt, Borrower shall establish and maintain the reserve accounts required by this Section 1.284.28, subject to the security interest therein as more fully set forth in Section 1.19 hereof4.19.

Appears in 1 contract

Samples: Loan Agreement (City Office REIT, Inc.)

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