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

On the date hereof, the Issuers shall deposit with the Collection Account Bank $2,566,849 for deposit in the Impositions and Insurance Reserve Sub-Account.
Lender shall instruct Agent to withdraw amounts on deposit in the Impositions and Insurance Reserve Sub-Account and distribute such amounts as are required to be distributed pursuant to Section 6.3 of the Loan Agreement.
The Impositions and Insurance Reserve Account will not be funded on the Initial Closing Date.
As of the Closing Date, the Impositions and Insurance Reserve Sub-Account has a balance of $6,366,566.
The Owners shall deposit or cause to be deposited funds into the Operating Account for the payment of Capital Expenditures and Operating Expenses (other than Impositions and Insurance Premiums that are to be paid from (and to the extent of) available cash on deposit in the Impositions and Insurance Reserve, pursuant to the Indenture) in accordance with the amounts and timing set forth in the Budgets.

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 means the reserve established pursuant to Section 6.2.

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;

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(c).