Monthly Tax and Insurance Amount definition

Monthly Tax and Insurance Amount means the monthly deposit for Taxes and Insurance required pursuant to Section 7.2 of this Agreement.
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Monthly Tax and Insurance Amount means an amount equal to the sum of (i) one-twelfth (1/12th) of the annual Impositions, plus (ii) one-twelfth (1/12th) of the annual insurance premiums for the insurance coverages for the Project Facilities required by Section 6.4 of the Loan Agreement, as any such amounts may be increased if the Controlling Person determines that funds in the Tax and Insurance Escrow Fund will be insufficient to pay Impositions and insurance premiums when due.
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Monthly Tax and Insurance Amount means the monthly deposit for Taxes and Insurance required pursuant to Section 7.2 of this Agreement. “Moody’s” shall mean Moody’s Investors Service, Inc.
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Related to Monthly Tax and Insurance Amount

  • Tax and Insurance Escrow Fund shall have the meaning set forth in Section 7.2 hereof.

  • Rental Payments means the rental payments paid by the occupant of a unit, excluding any supplemental rental assistance to the occupant from the State, the federal government, or any other public agency, but including any mandatory fees or charges imposed on the occupant by the Owner as a condition of occupancy of the unit.

  • Insurance Rent the sums described in paragraph 1.1 of Schedule 4; “Insured Risks” the risks of fire (including subterranean fire), lightning, explosion, storm, flood, subsidence, landslip, heave, earthquake, burst or overflowing water pipes, tanks or apparatus, impact by aircraft or other aerial devices and any articles dropped from them, impact by vehicles, terrorism, riot, civil commotion and malicious damage to the extent, in each case, that cover is generally available on normal commercial terms in the UK insurance market at the time the insurance is taken out, and any other risks against which the Landlord reasonably insures from time to time, subject in all cases to any excesses, limitations and exclusions imposed by the insurers;10

  • maximum council tax reduction amount means the amount determined in accordance with paragraph 29;