Leasing Reserve Account definition

Leasing Reserve Account shall have the meaning set forth in Section 8.3 hereof.

Leasing Reserve Account shall have the meaning set forth in the Cash Management Agreement.

Leasing Reserve Account shall have the meaning set forth in the Mortgage Loan Agreement.

Examples of Leasing Reserve Account in a sentence

• Any Termination Payments received by Borrower and not required to be deposited in the Leasing Reserve Account pursuant to the immediately preceding sentence shall be held by Borrower and used in the ordinary course of operating the Property.

• Notwithstanding the foregoing or anything to the contrary contained herein, disbursements from the Leasing Reserve Account shall (1) not occur more frequently than once each calendar month and (2) only be made for tenant improvement and leasing commission costs with respect to the portions of the Property to which the corresponding Termination Payment relates.

• Provided Borrower has complied with each of the foregoing requirements for disbursement from the Leasing Reserve Account, Lender shall make the applicable disbursement by no later than ten (10) Business Days from the date of Borrower’s consummation of such compliance.

• The Leasing Reserve Account shall be deemed a “Reserve Account” for all purposes hereunder and under the other Loan Documents.

• On the Closing Date, Borrower shall deposit into an Eligible Account held by Lender or Servicer (the " Leasing Reserve Account") the sum of $0.00.

More Definitions of Leasing Reserve Account

Leasing Reserve Account means an account held with Administrative Agent into which Borrower shall deposit the funds required to be deposited pursuant to 5.15(c) hereof.

Leasing Reserve Account. As defined in Section 3.3.1 of this Agreement.

Leasing Reserve Account. As such term is defined in Section 10.3.

Leasing Reserve Account has the meaning ascribed to such term in SECTION 2.13.1.

Leasing Reserve Account has the meaning assigned in Schedule 2.4(2).

Leasing Reserve Account shall have the meaning set forth in Section 3.1A(i). Manager – shall mean, initially, the Class B Member.

Leasing Reserve Account shall have the meaning set forth in Section 7.4 hereof. “Leasing Reserve Funds” shall have the meaning set forth in Section 7.4 hereof. “Leasing Reserve Monthly Deposit” shall have the meaning set forth in Section 7.4 hereof. “Legal Requirements” shall mean all federal, state, county, municipal and other governmental statutes, laws, rules, orders, regulations, ordinances, judgments, decrees, demands and injunctions of Governmental Authorities affecting the Loan, any Secondary Market Transaction with respect to the Loan, Borrower, any Guarantor or the Property or any part thereof or the ownership, construction, alteration, use, management or operation of the Property or any part thereof, whether now or hereafter enacted and in force, including, without limitation, the Securities Act, the Exchange Act, Regulation AB, the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act, zoning and land use laws and the Americans with Disabilities Act of 1990, the rules and regulations promulgated pursuant to any of the foregoing, and all permits, licenses and authorizations relating thereto, and all covenants, agreements, restrictions and encumbrances contained in any instruments, either of record or known to Borrower, at any time in force affecting Borrower, any Guarantor or the Property or any part thereof, including, without limitation, any which may (i) require repairs, modifications or alterations in or to the Property or any part thereof or (ii) in any way limit the use and enjoyment thereof.