Common use of Capital Expenditure Reserve Account Clause in Contracts

Capital Expenditure Reserve Account. (a) Lender will establish and maintain an Eligible Account (which may be a subaccount of the Cash Management Account) for the purpose of reserving amounts in respect of Capital Expenditures (the “Capital Expenditure Reserve Account”).

Appears in 2 contracts

Samples: Loan Agreement (New York REIT, Inc.), Loan Agreement (Carter Validus Mission Critical REIT, Inc.)

AutoNDA by SimpleDocs

Capital Expenditure Reserve Account. (a) Lender will establish and maintain an Eligible Account (which may be a subaccount of the Cash Management Account) for the purpose of reserving amounts in respect of of. Capital Expenditures (the "Capital Expenditure Reserve Account").

Appears in 1 contract

Samples: Loan Agreement (American Realty Capital - Retail Centers of America, Inc.)

AutoNDA by SimpleDocs

Capital Expenditure Reserve Account. (a) Lender will establish and maintain an Eligible Account (which may be a subaccount of the Cash Management Accountbook-entry subaccount) for the purpose of reserving amounts in respect of Capital Expenditures (the “Capital Expenditure Reserve Account”).

Appears in 1 contract

Samples: Loan Agreement (Parkway, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.