Monthly Deposits definition

Monthly Deposits monthly deposits into each Replacement Reserve Account as described in Section 4.1.11.

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Monthly Deposits. Term: Termination Date: Renewal Option(s):

Monthly Deposits to deposit a minimum of $20 every calendar month from his or her earned income (income received as a wage or through self-employment). 8 This document formally enrolls the Participant into the program. Complete after the orientation session and at the time of the one-on-one interview. • Credit Repair: to review and, if necessary, repair any credit problems that may inhibit the successful purchase of my desired asset. • Financial Education Workshops: to attend all financial education workshops, actively participate in all workshop discussions and exercises, and complete all homework activities. • Asset-Specific Training: to attend additional educational and training workshops appropriate to his or her selected asset goal, as determined by Program staff. • Confidentiality: to respect the right to privacy of all Participants by keeping confidential any personal or financial information divulged in the course of the Program. • Change of Address: to provide Program staff with updated personal information in the event of a change of address, phone number or emergency contact information. • Qualified withdrawals: are for the asset specified in this agreement and are only allowed after the Participant has been enrolled in the Program for at least six months and has completed all Program preparatory requirements. Qualified withdrawal requests must be submitted at least 30 days in advance of date funds will be needed. • Emergency withdrawals: are strongly discouraged and are only available to the Participant in accord with the Program’s emergency withdrawal policy and procedure.

Examples of Monthly Deposits in a sentence

• Notwithstanding anything to the contrary in this Section 7.3, Borrower shall not be required to make Replacement Reserve Monthly Deposits, provided that: (i) no Event of Default shall have occurred; and (ii) Borrower makes all necessary Replacements and otherwise maintains the Property to Lender's satisfaction.

• Notwithstanding anything to the contrary in this Section 7.3, Borrower shall not be required to make Replacement Reserve Monthly Deposits, provided that: (i) no Event of Default shall have occurred; and (ii) either (A) Borrower makes all necessary Replacements and otherwise maintains the Property to Lender’s satisfaction, or (B) Anchor Tenant maintains the Property as required pursuant to the Anchor Tenant Lease.

• Landlord shall not be obligated to pay interest to Tenant on account of the Monthly Deposits and Security Deposit.

• Notwithstanding anything to the contrary in this Section 7.3, Borrower shall not be required to make Replacement Reserve Monthly Deposits, provided that: (i) no Event of Default shall have occurred; and (ii) Borrower makes all necessary Replacements and otherwise maintains the Property to Lender’s satisfaction.

• Any amount held in the Replacement Reserve Account and allocated for an Individual Property shall be retained by Lender and credited toward the future Replacement Reserve Monthly Deposits required by Lender hereunder in the event such Individual Property is released from the Lien of its related Security Instrument in accordance with Section 2.5 hereof.

• If a Transfer shall occur or be contemplated, which Transfer requires the prior written consent of Lender pursuant to the terms of the Security Instrument, Lender may review the amount of the Replacement Reserve, the amount of the Monthly Deposits and the likely repairs and replacements required by the Property and the related contingencies which may arise during the remaining term of the Loan.

• Tenant covenants and agrees to pay its Proportionate Share of the cost of Casualty Insurance obtained by Landlord as Additional Rent, payable pursuant to the provisions hereinabove for Monthly Deposits.

• Lender may approve a temporary deferral or a reduction in the amount of the Monthly Deposit; provided, however, that if Lender approves either a temporary deferral or reduction in the amount of the Monthly Deposit, such action by Lender shall not prevent Lender from requiring Borrower to resume payment of the Monthly Deposits on any date that Lender may deem appropriate.

• Any amount held in the Replacement Reserve Account and allocated for an Individual Property shall be retained by Lender and credited toward the future Replacement Reserves Monthly Deposits required by Lender hereunder in the event such Individual Property is released from the Lien of its related Mortgage in accordance with Section 2.5 hereof.

• To the extent the Replacement Reserve Account has no funds on deposit or there are no outstanding Letters of Credit or the aggregate amount of such funds and the undrawn balance of outstanding Letters of Credit is less than the amount of the Excess, Borrower will be permitted to carry forward the amount of the Excess that was not paid or reimbursed (such amount, the “Shortfall”) as a credit against future Replacement Reserve Monthly Deposits until the Shortfall is exhausted.

More Definitions of Monthly Deposits

Monthly Deposits means average deposits of Seller held by Participant during a given calendar month.

Monthly Deposits. None-$50,070.00 Tax Stop and $7,929.00 Insurance Stop; otherwise, Net Lease Term: 9 Years and 11.5 Months (Oct. 13, 1992 - Sept. 30, 2002) Termination Date: September 30, 2002 Renewal Option(s): None Square Footage: 113,266 Use: Office; warehouse; distribution of greeting cards, gifts and related items. Tenants Address For ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Notices: Factory Card Outlet of America, Ltd. ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Lender proposes to finance the Property and this Tenant Estoppel Certificate is to be made and delivered in connection with that financing. The undersigned Tenant under the above-referenced lease dated as of the Lease Date between Landlord and Tenant ("Lease"), certifies, represents, confirms and agrees in favor of Lender the following: