Common use of Borrower’s Accounts Clause in Contracts

Borrower’s Accounts. Borrower shall maintain any and all operating, security deposit, and reserve accounts for the Property with Lender and pledge the same to Lender as security for the Loan.

Appears in 3 contracts

Samples: Construction Loan Agreement, Construction Loan Agreement (Campus Crest Communities, Inc.), Construction Loan Agreement (Campus Crest Communities, Inc.)

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Borrower’s Accounts. Borrower shall maintain any and all the operating, security deposit, xxxxxxx money and reserve accounts for the Property with Lender and pledge the same operating and reserve accounts to Lender as security for the LoanLoans.

Appears in 1 contract

Samples: Construction Loan Agreement (Heartland Partners L P)

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Borrower’s Accounts. Each Borrower shall maintain any and all the ------------------- operating, security deposit, deposit and reserve accounts for the Property with Lender and pledge the same to Lender as security for the Loan.

Appears in 1 contract

Samples: Loan Agreement (Sundance Homes Inc)

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