Examples of Replacement Cash Management Agreement in a sentence
Until such time as the Replacement Cash Management Agreement has been fully-executed, Borrower and Leasehold Pledgor shall cause Owner and Operating Lessee to continue to comply with the cash management and reserve provisions of the Mortgage Loan Documents notwithstanding the repayment of the Mortgage Loan, provided that such performance by Owner and Operating Lessee shall be in favor of Lender rather than Mortgage Lender.
Until such time as the Replacement Cash Management Agreement has been fully-executed, Borrower shall cause Owner to continue to comply with the cash management and reserve provisions of the Mortgage Loan Documents notwithstanding the repayment of the Mortgage Loan, provided that such performance by Owner shall be in favor of Lender rather than Mortgage Lender.
If Borrower shall be required to make a deposit into any Mezzanine Reserve Funds hereunder, Borrower shall establish a Replacement Cash Management Account and related replacement cash management system with Lender pursuant to a Replacement Cash Management Agreement, which Replacement Cash Management Agreement shall be substantially the same as the Cash Management Agreement.
Until such time as the Replacement Cash Management Agreement has been fully-executed, Borrower shall cause First Mezzanine Borrower to cause Mortgage Borrower to continue to comply with the cash management and reserve provisions of the Mortgage Loan Documents notwithstanding the repayment of the Mortgage Loan, provided that such performance by Mortgage Borrower shall be in favor of Lender rather than Mortgage Lender.
Until such time as the Replacement Cash Management Agreement has been fully-executed, Borrower shall cause Mortgage Borrower to continue to comply with the cash management and reserve provisions of the Mortgage Loan Documents notwithstanding the repayment of the Mortgage Loan, provided that such performance by Mortgage Borrower shall be in favor of Lender rather than Mortgage Lender.