Impounds definition

Impounds has the meaning ascribed to such term in Section 3.4(a).

Impounds shall have the meaning set forth in the Cash Management Agreement.

Impounds shall have the meaning ascribed to such term in Section 6.12.c.

Examples of Impounds in a sentence

• Parking will be monitored and violators will be subject to tow at owner’s expense in conjunction with posted local jurisdiction laws related to Private Property Impounds.

• All Impounds shall be deposited into one or more segregated or commingled accounts maintained by Beneficiary or its servicing agent.

• If the Post-Default Impounds paid by Trustor are not sufficient to pay the related Costs, Trustor shall deposit with Beneficiary upon demand an amount equal to the deficiency.

• Other 3rd party fees that are reasonable and customary are allowable. Total housing ratio (PITI) cannot exceed 38% of applicant(s) monthly Annual Income or Gross Income. Maximum CLTV (with financed insurance) cannot exceed 100% of the appraisal value or purchase price, whichever is less. Maximum debt-to-income ratio is 48%. Minimum Housing Ratio is 28% Impounds are required on the 1st mortgage.How to Apply1.

• All Post-Default Impounds shall be payable by Trustor in addition to (but without duplication of) any other Impounds (as defined below).

More Definitions of Impounds

Impounds as defined herein; together with all replacements and proceeds of, and additions and accessions to, any of the foregoing, and all books, records and files relating to any of the foregoing. As to all of the above described personal property which is or which hereafter becomes a "fixture" under applicable law, this Deed of Trust constitutes a fixture filing under the California Uniform Commercial Code, as amended or recodified from time to time ("UCC").

Impounds means all impounds and reserves deposited by any Waisterisk Project Entity from time to time with any Lender or any third-party escrowee acting on behalf of a Lender pursuant to the terms of any Loan Documents, such as, by way of example, impounds for the payment of property taxes and insurance premiums and reserves required by Lenders for capital improvements and tenant security deposits.

Impounds shall have the meaning ascribed to such term in Section 6.12.c. “Independent Manager” - shall have the meaning ascribed to such term in Section 5.2.

Impounds as used herein and in the other Loan Documents has the meaning ascribed to such term in Section 4.5 hereof.

Impounds has the meaning ascribed to such term in the Cash Management Agreement.

Impounds as defined herein; together with all replacements and proceeds of, and additions and accessions to, any of the foregoing, and all books, records and files relating to any of the foregoing.

Impounds as defined herein; together with all replacements and proceeds of, and additions and accessions to, any of the foregoing, and all books, records and files relating to any of the foregoing. As to all of the above described personal property which is or which hereafter becomes a "fixture" under applicable law, this Deed of Trust constitutes a fixture filing under the Colorado Uniform Commercial Code, as amended or recodified from time to time ("UCC").