The Initial Deposits Clause Samples
The Initial Deposits. Lender shall determine, in its reasonable discretion, the initial deposit amounts (the “Initial Deposits”) required to be deposited in each of Accounts and Borrower shall deposit the respective Initial Deposits (or hereby authorizes Lender to fund the Initial Deposits from the proceeds of the Loan) into each Account on the Closing Date.
The Initial Deposits. No initial deposit amounts shall be required to be deposited in each of the Tax Account, the Insurance Premium Account, the Replacement Reserve Account or, the Ground Rent Account except that an amount equal to 125% of immediate repairs to the Improvements shall be required to be deposited in the Required Repair Account, (the “Initial Deposits”) on the Closing Date, which amount shall be disbursed as provided in Section 7.1.2 hereof.
The Initial Deposits. At the closing of the Loan, Lender shall determine, in its reasonable discretion, the initial deposit amounts (the "INITIAL DEPOSITS") required to be deposited in each of the Ground Lease Escrow Fund, the Escrow Fund, the Replacement Reserve and the Leasing Reserve and shall notify Borrower of such amounts. Borrower shall deposit the respective Initial Deposits into each Account.
The Initial Deposits. At the closing of the Loan, Lender shall determine, in its reasonable discretion, the initial deposit amounts (the "INITIAL DEPOSITS") required to be deposited in each of the Ground Lease Escrow Fund, the Escrow Fund, the Replacement Reserve and the Leasing Reserve and shall notify Borrower of such amounts. Borrower shall deposit the respective Initial Deposits into each Account.