Common use of Deposits of Capital Expenditure Funds Clause in Contracts

Deposits of Capital Expenditure Funds. Borrowers shall deposit with or on behalf of Lender on each Monthly Payment Date, the amount of $1,136.67, for annual Capital Expenditures, which amounts shall be transferred into an Account (the “Capital Expenditure Account”). Amounts deposited from time to time into the Capital Expenditure Account pursuant to this Section 6.5.1 are referred to herein as the “Capital Expenditure Funds”. Lender may reassess its estimate of the amount necessary for Capital Expenditures from time to time and may require Borrowers to increase the monthly deposits required pursuant to this Section 6.5.1 upon thirty (30) days notice to Borrowers if Lender determines in its reasonable discretion that an increase is necessary to maintain proper operation of the Properties.

Deposits of Capital Expenditure Funds. Borrowers Borrower shall deposit with or on behalf of Lender on each Monthly Payment Date, the amount of $1,136.672,356.67, for annual Capital Expenditures, which amounts shall be transferred into an Account (the “Capital Expenditure Account”). Amounts deposited from time to time into the Capital Expenditure Account pursuant to this Section 6.5.1 are referred to herein as the “Capital Expenditure Funds”. Lender may reassess its estimate of the amount necessary for Capital Expenditures from time to time and may require Borrowers Borrower to increase the monthly deposits required pursuant to this Section 6.5.1 upon thirty (30) days days’ notice to Borrowers Borrower if Lender determines in its reasonable discretion that an increase is necessary to maintain proper operation of the PropertiesProperty.

Deposits of Capital Expenditure Funds. Borrowers Borrower shall deposit with or on behalf of Lender on each Monthly Payment Date, the amount of $1,136.675,600.00, for annual Capital Expenditures, which amounts shall be transferred into an Account (the “Capital Expenditure Account”). Amounts deposited from time to time into the Capital Expenditure Account pursuant to this Section 6.5.1 are referred to herein as the “Capital Expenditure Funds”. Lender may reassess its estimate of the amount necessary for Capital Expenditures from time to time and may require Borrowers Borrower to increase the monthly deposits required pursuant to this Section 6.5.1 upon thirty (30) days days’ notice to Borrowers Borrower if Lender determines in its reasonable discretion that an increase is necessary to maintain proper operation of the PropertiesProperty.

Deposits of Capital Expenditure Funds. Borrowers Borrower shall deposit with or on behalf of Lender on each Monthly Payment Date, the amount of $1,136.671,330, for annual Capital Expenditures, which amounts shall be transferred into an Account established by or on behalf of Lender to hold such funds (the “Capital Expenditure Account”). Amounts deposited from time to time into the Capital Expenditure Account pursuant to this Section 6.5.1 are referred to herein as the “Capital Expenditure Funds”. Lender may reassess its estimate of the amount necessary for Capital Expenditures from time to time and may require Borrowers Borrower to increase the monthly deposits required pursuant to this Section 6.5.1 upon thirty (30) days days’ notice to Borrowers Borrower if Lender determines in its reasonable discretion that an increase is necessary to maintain proper operation of the PropertiesProperty.

Deposits of Capital Expenditure Funds. Borrowers Borrower shall deposit with or on behalf of Lender on each Monthly Payment Date, the amount of $1,136.672,237.32, for annual Capital Expenditures, which amounts shall be transferred into an Account (the “Capital Expenditure Account”). Amounts deposited from time to time into the Capital Expenditure Account pursuant to this Section 6.5.1 are referred to herein as the “Capital Expenditure Funds”. Lender may reassess its estimate of the amount necessary for Capital Expenditures from time to time and may require Borrowers Borrower to increase the monthly deposits required pursuant to this Section 6.5.1 upon thirty (30) days notice to Borrowers Borrower if Lender determines in its reasonable discretion that an increase is necessary to maintain proper operation of the PropertiesProperty.

Deposits of Capital Expenditure Funds. Borrowers Borrower shall deposit with or on behalf of Lender on each Monthly Payment Date, the amount of $1,136.6710,042.08, for annual Capital Expenditures, which amounts shall be transferred into an Account (the “"Capital Expenditure Account”Account "). Amounts deposited from time to time into the Capital Expenditure Account pursuant to this Section 6.5.1 are referred to herein as the “"Capital Expenditure Funds”". Lender may reassess its estimate of the amount necessary for Capital Expenditures from time to time and may require Borrowers Borrower to increase the monthly deposits required pursuant to this Section 6.5.1 upon thirty (30) days days' notice to Borrowers Borrower if Lender determines in its reasonable discretion that an increase is necessary to maintain proper operation of the PropertiesProperty.

Deposits of Capital Expenditure Funds. Borrowers Borrower shall deposit with or on behalf of Lender on each Monthly Payment Date, the amount of $1,136.6710,763.47, for annual Capital Expenditures, which amounts shall be transferred into an Account (the “Capital Expenditure Account”). Amounts deposited from time to time into the Capital Expenditure Account pursuant to this Section 6.5.1 are referred to herein as the “Capital Expenditure Funds”. Lender may reassess its estimate of the amount necessary for Capital Expenditures from time to time and may require Borrowers Borrower to increase the monthly deposits required pursuant to this Section 6.5.1 upon thirty (30) days notice to Borrowers Borrower if Lender determines in its reasonable discretion that an increase is necessary to maintain proper operation of the PropertiesProperty.