Reserve Accounts definition

Reserve Accounts means the Tax and Insurance Reserve Account, the Leasing Reserve Account or any other escrow account established by the Loan Documents.

Reserve Accounts means, collectively, the Interest Reserve Account, the Excess Liquidation Proceeds Reserve Account and the TA Unused Fees Reserve Account.

Reserve Accounts means both of the following:

Examples of Reserve Accounts in a sentence

• The Bank may restrict or prohibit the Client’s access to any Reserve Account(s) and the funds on deposit in them and may hold such accounts following termination of the Agreement for a period sufficient to protect the Bank against loss.

• Any interest earned on the Reserve Accounts shall remain within the Reserve Accounts.

• To secure all of your obligations to us arising from this Schedule D, you grant to us a security interest in all of your Accounts with us, all funds in those Accounts, any Reserve Accounts or funds therein, all Items, whether now or hereafter established by or for your benefit, and all proceeds of the foregoing.

• All required Reserve Accounts must be maintained for the full Term or so long as ADFA’s HOME Loan is outstanding, whichever is longer.

• In addition, the Bank may transfer funds from another account of the Client’s, or use funds payable to the Client or owed by the Bank to the Client under the Agreement or due to a Service and credit such funds to a Reserve Account if a deficiency exists between the available funds in the Client’s Reserve Account(s) and the amounts specified by the Bank as the required reserve amount.

More Definitions of Reserve Accounts

Reserve Accounts. One or more accounts required to be established pursuant to the terms of the Mortgage Loan Agreement for the purposes of holding the Reserve Funds.

Reserve Accounts. With respect to any Mortgage Loan, reserve accounts, if any, established pursuant to the Mortgage or the Loan Agreement and any Escrow Account. Any Reserve Account shall be beneficially owned for federal income tax purposes by the Person who is entitled to receive the reinvestment income or gain thereon in accordance with the terms and provisions of the related Mortgage Loan and Section 3.07, which Person shall be taxed on all reinvestment income or gain thereon. To the extent not inconsistent with the related Mortgage Loan, each such Reserve Account shall be an Eligible Account.

Reserve Accounts means, collectively, the Completion Reserve Account, the Renovation Reserves Account, the Leasing Commission Reserves Account, the Debt Service Reserves Account, the Tax Reserve Account, the Insurance Reserves Account, the Standing Reserves Account, the Special Reserves Account, the Termination Fees Account, the Debt Service Account, the Special Insurance Reserves Account, the Eligibility Reserves Account, the Non-Conforming Property Reserves Account and any other reserve or escrow account established pursuant to the Loan Documents.

Reserve Accounts means the Required Repair Account, the Tax and Insurance Reserve Account, the FF&E Reserve Account, the PIP Reserve Account, the Excess Cash Reserve Account or any other escrow account established by the Loan Documents.

Reserve Accounts means the Cash Management Account, the Clearing Account, the Excess Cash Flow Account and any other deposit account established by this Note or the other Transaction Documents, including, without limitation, the deposit account for the Interest Reserve.

Reserve Accounts means the Deferred Maintenance Escrow Account, the Replacement Reserve Account, the Real Estate Taxes Escrow Account, the Insurance Escrow Account, the Operating Expense Account, Working Capital Reserve Account, the Debt Service Reserve Account and the Prepaid Rent Account, collectively, and any successor accounts to any of the foregoing.

Reserve Accounts shall have the meaning set forth in Section 9.2.1 hereof.