Impositions and Insurance Reserve definition

Impositions and Insurance Reserve means the reserve established pursuant to Section 6.3.
Impositions and Insurance Reserve shall have the meaning ascribed to it in Section 4.03.
Impositions and Insurance Reserve means the reserve established pursuant to Section 6.3 of the Mortgage Loan Agreement and the reserve established pursuant to Section 6.2(C) of this Loan Agreement.

Examples of Impositions and Insurance Reserve in a sentence

  • Interest shall accrue in favor of the Borrowers on funds in the Impositions and Insurance Reserve.

  • This Mortgage and the other Loan Documents shall not be construed as creating any rights, claims or causes of action against Mortgagee or any of its officers, directors, agents or employees in favor of any party other than Mortgagor including but not limited to any claims to any sums held in the Impositions and Insurance Reserve or any other Reserves.

  • Mortgagor shall make monthly deposits into the Impositions and Insurance Reserve of amounts sufficient to pay Impositions and Insurance Premiums in accordance with the terms of Article VI of the Loan Agreement.

  • This Deed of Trust and the other Loan Documents shall not be construed as creating any rights, claims or causes of action against Beneficiary or any of its officers, directors, agents or employees in favor of any party other than Trustor including but not limited to any claims to any sums held in the Impositions and Insurance Reserve or any other Reserve.

  • Lender shall have the right to withdraw amounts on deposit in the Impositions and Insurance Reserve Sub-Account to pay (or reimburse any Borrower for repayment of) Impositions and Insurance Premiums in accordance with the Loan Agreement.


More Definitions of Impositions and Insurance Reserve

Impositions and Insurance Reserve has the meaning specified in the Loan Agreement.
Impositions and Insurance Reserve has the meaning specified in the Indenture.
Impositions and Insurance Reserve. SUB-ACCOUNT" as defined in Section 2.1(c).
Impositions and Insurance Reserve shall have the meaning ascribed to it in Section 4.03 herein.
Impositions and Insurance Reserve a "Replacement Reserve" and a "Deferred Maintenance Reserve" shall be created and maintained pursuant to, and funds shall be deposited therein and disbursements shall be made therefrom in accordance with, Sections 6.3, 6.5 and 6.7 of the Loan Agreement, subject to the terms of Section 7.3 of the Loan Agreement, as each of such Sections is in effect as of the date of this Agreement and true, correct and complete copies of which have been delivered by Landlord and Lender to Tenant;
Impositions and Insurance Reserve. Sub-Account" as defined in --------------------------------------------- Section 2.1(b).
Impositions and Insurance Reserve. Sub-Account" shall --------------------------------------------- mean the Sub-Account of the Central Account established for the purpose of depositing the sums required to be deposited pursuant to Section 6.3 of the Loan Agreement for payment of Impositions and Insurance Premiums;