FF&E Reserve Account definition

FF&E Reserve Account shall have the meaning set forth in Section 7.3 hereof.
FF&E Reserve Account has the meaning set forth in Section 9.2.1(h) hereof.
FF&E Reserve Account means an account established for a reserve for replacements, substitutions and additions to the FF&E.

Examples of FF&E Reserve Account in a sentence

  • Provided that no Priority Payment Cessation Event has occurred and is continuing, Lender shall disburse funds on deposit in the FF&E Reserve Account in accordance with the provisions of Section 7.10 hereof.

  • For the avoidance of doubt, for such period of time as the Mortgage FF&E Reserve Account is maintained pursuant to the terms of the Mortgage Loan Agreement, Borrower shall have no obligation to establish or maintain the same with Lender pursuant to this Section 3.1(d).

  • Amounts deposited from time to time into the FF&E Reserve Account pursuant to this Section 7.10.1 are referred to herein as the “FF&E Reserve Funds” and shall be held by Lender in accordance with Section 7.11 hereof.


More Definitions of FF&E Reserve Account

FF&E Reserve Account as defined in Section 2.1(f).
FF&E Reserve Account means the account established pursuant to Section 2.11(d).
FF&E Reserve Account means, with respect to each Collateral Property, an account into which the FF&E Reserve shall be deposited from time to time as provided in Section 8.20.
FF&E Reserve Account means funds available for the repair, replacement or refurbishment of FF&E, which funds shall be provided by, and under the control of, Tenant through monthly payment into an account established on the Commencement Date by Tenant and maintained by Tenant during the Lease Term.
FF&E Reserve Account has the meaning ascribed to such term in Section 5.04.A.
FF&E Reserve Account means a sub-account of the Cash Management Account, or, at Administrative Agent’s election, a separate account at Administrative Agent, for the deposit of FF&E Reserve Funds.
FF&E Reserve Account shall have the meaning set forth in Section 5.11(a).