Initial Upfront Remediation Amount definition
Examples of Initial Upfront Remediation Amount in a sentence
Notwithstanding the foregoing, on the Closing Date Borrowers shall deposit the Initial Deferred Maintenance Amount into the Deferred Maintenance Sub-Account, the Initial Basic Carrying Cost Amount into the Basic Carrying Cost Sub-Account and the Initial Upfront Remediation Amount into the Upfront Remediation Sub-Account.
Notwithstanding the foregoing, on the Closing Date Borrowers shall deposit the Initial Deferred Maintenance Amount into the Deferred Maintenance Sub-Account, the Initial Basic Carrying Cost Amount into the Basic Carrying Cost Sub-Account, the Initial Upfront Remediation Amount into the Upfront Remediation Sub-Account and the Initial Ground Rents Amount into the Ground Rent Reserve Sub-Account.
Notwithstanding the foregoing, on the Closing Date Borrower shall deposit the Initial Deferred Maintenance Amount into the Deferred Maintenance Sub-Account, the Initial Basic Carrying Cost Amount into the Basic Carrying Cost Sub-Account and the Initial Upfront Remediation Amount into the Upfront Remediation Sub-Account.