Special Rollover Reserve. (a) On each Payment Date occurring during the continuance of a Lease Sweep Period (provided no other Cash Management Period is then continuing), all Available Cash (or such portion of Available Cash that shall be allocated by Lender for deposit into the Special Rollover Reserve Subaccount) shall be paid to Lender. Lender will transfer such amount into a Subaccount (the “Special Rollover Reserve Subaccount”). Borrowers shall also pay to Lender for transfer into the Special Rollover Reserve Subaccount any Major Lease Termination Payments.
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Samples: Loan Agreement (American Realty Capital New York City REIT, Inc.), Loan Agreement (American Finance Trust, Inc)
Special Rollover Reserve. (a) On each Payment Date occurring during the continuance of a Lease Sweep Period (provided that no other Cash Management Period is then continuingcontinuing other than a Cash Management Period triggered solely as a result of a Lease Sweep Period), all Available Cash (or such portion of Available Cash that shall be allocated by Lender for deposit into the Special Rollover Reserve SubaccountSubaccount pursuant to Section 3.10 hereof) shall be paid to Lender. Lender will transfer such amount into a Subaccount (the “Special Rollover Reserve Subaccount”). Borrowers shall also pay to Lender for transfer into the Special Rollover Reserve Subaccount any Major Lease Termination Payments."
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Samples: Loan Agreement (Parking REIT, Inc.)
Special Rollover Reserve. (a) On each Payment Date occurring during the continuance of a Lease Sweep Period (provided no other Cash Management Period is then continuingcontinuing (other than a Cash Management Period triggered solely as a result of a Lease Sweep Period)), all Available Cash (or such portion of Available Cash that shall be allocated by Lender for deposit into the Special Rollover Reserve Subaccount) shall be paid to Lender. Lender and Lender will transfer such amount into a Subaccount (the “Special Rollover Reserve Subaccount”). Borrowers Borrower shall also pay to Lender for transfer into the Special Rollover Reserve Subaccount any Major Lease Termination PaymentsPayments received with respect to any Major Lease.
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