Common use of TI/LC Reserve Account Clause in Contracts

TI/LC Reserve Account. (a) Lender will establish and maintain an Eligible Account (which may be a subaccount of the Cash Management Account) for the purpose of reserving amounts in respect of Tenant Improvements, Leasing Commissions, unpaid or free rent associated with any new or existing Leases with respect to the Commercial Property (the "TI/LC Reserve Account").

TI/LC Reserve Account. (a) Lender will establish and maintain an Eligible Account (which may be a subaccount of the Cash Management Accountbook-entry subaccount) for the purpose of reserving amounts in respect of Tenant Improvements, Improvements and Leasing Commissions, unpaid or free rent associated with any new or existing Leases with respect to the Commercial Property Commissions (the "“TI/LC Reserve Account"”).

TI/LC Reserve Account. (a) Lender will establish and maintain an Eligible Account (which may be a subaccount of the Cash Management Account) for the purpose of reserving amounts in respect of Tenant Improvements, Improvements and Leasing Commissions, unpaid or free rent associated with any new or existing Leases with respect Commissions which may be payable in relation to the Commercial Property Rollover Spaces (the "TI/LC Reserve Account").

TI/LC Reserve Account. (a) Lender will establish and maintain an Eligible Account (which may be a subaccount of the Cash Management Account) for the purpose of reserving amounts depositing with Lender any Termination Fees received by Borrower that are equal to or greater than $1,000,000.00, individually or in respect of Tenant Improvements, Leasing Commissions, unpaid or free rent associated with any new or existing Leases the aggregate with respect to any Lease (collectively, the Commercial Property “Material Termination Fees”) (such Eligible Account, the "“TI/LC Reserve Account"”).