Common use of Use of Income from Operations Clause in Contracts

Use of Income from Operations. a. The Borrower, or Xxxxxxxx's management agent, shall promptly deposit all Operating Income in a segregated account established in the Borrower's name exclusively for the Development and insured by an agency of the federal government or other comparable federal insurance program.

Use of Income from Operations. a. The Borrower, or XxxxxxxxBorrower's management agent, shall promptly deposit all Operating Income in a segregated account established in the Borrower's name exclusively for the Development and insured by an agency of the federal government or other comparable federal insurance program.

Use of Income from Operations. a. The Borrower, or XxxxxxxxBorrower's management agent, shall promptly deposit all Operating Income operating income in a segregated account established in the Borrower's name exclusively for the Development and insured by an agency of the federal government or other comparable federal insurance program.