Tax and Insurance Escrow Account definition

Tax and Insurance Escrow Account shall have the meaning set forth in Section 7.2 hereof.
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Tax and Insurance Escrow Account means any impound account established pursuant to the Senior Loans, or any of them, and may include without limitation, impounds for capital repairs and replacements.
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Tax and Insurance Escrow Account has the meaning set forth in Section 3.4(a).
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Examples of Tax and Insurance Escrow Account in a sentence

  • Funds in the Tax and Insurance Escrow Account shall not be commingled with any other monies.

  • Each month, the owner must withdraw one-twelfth of the annual anticipated total of these obligations from the General Operating Account and deposit these funds into the Real Estate Tax and Insurance Escrow Account.

  • The Real Estate Tax and Insurance Escrow Account is established for the annual payment of real estate taxes and insurance.

  • The General Operating Account is used for the deposit of all project income (including rent receipts, housing subsidy payments, and non-residential rental income) and for the disbursement of all necessary project expenses (including deposits to the Real Estate Tax and Insurance Escrow Account and the Reserve Accounts).

  • Any amount remaining in the Tax and Insurance Escrow Account after the Debt has been paid in full shall be returned to Borrower.


More Definitions of Tax and Insurance Escrow Account

Tax and Insurance Escrow Account means any impound account established pursuant to the Senior Loans, or any of them.
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Tax and Insurance Escrow Account means the impound account Borrower establishes with Lender for the payment of real estate taxes and assessments against and insurance on the Property.
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Tax and Insurance Escrow Account shall have the meaning ascribed to such term in SECTION 5.11 hereof.
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Tax and Insurance Escrow Account means the Account of that name created pursuant to Section 4.2(a) of this Funding Loan Agreement.
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Tax and Insurance Escrow Account has the meaning assigned in Section 3.4. (118) "Tax and Insurance Escrow Reserve has the meaning assigned in Section 3.4.
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Tax and Insurance Escrow Account has the meaning set forth in Section 7 hereof. (bbb) "Tax and Insurance Escrow Fund" has the meaning set forth in Section 6 hereof. (ccc) "Taxes" has the meaning set forth in Section 5 hereof. (ddd) "Uniform Commercial Code" means the Uniform Commercial Code, as adopted and enacted by the State or States where any of the Mortgaged Property is located. Capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Note.
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Tax and Insurance Escrow Account as defined in Section 4.1.11.
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