Common use of Reserve Funds Clause in Contracts

Reserve Funds. (a) Borrower shall cause Mortgage Borrower to deposit and maintain each of the Mortgage Loan Reserve Funds as required under the Mortgage Loan Documents and to perform and comply with all the terms and provisions relating thereto. If requested by Lender, Borrower will promptly provide evidence reasonably acceptable to Lender of compliance with the foregoing.

Appears in 3 contracts

Samples: Mezzanine a Loan Agreement (Northstar Realty Finance Corp.), Mezzanine a Loan Agreement (Morgans Hotel Group Co.), Mezzanine a Loan Agreement (NorthStar Healthcare Income, Inc.)

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Reserve Funds. (a) Borrower shall cause Mortgage Borrower to deposit and maintain each of the Mortgage Loan Reserve Funds as required under the Mortgage Loan Documents and to perform and comply with all the terms and provisions relating thereto. If requested by LenderLxxxxx, Borrower will promptly provide evidence reasonably acceptable to Lender of compliance with the foregoing.

Appears in 2 contracts

Samples: Mezzanine Loan Agreement (Industrial Logistics Properties Trust), Mezzanine Loan Agreement (Industrial Logistics Properties Trust)

Reserve Funds. (a) Borrower shall cause Mortgage Borrower to deposit and maintain each of the Mortgage Loan Reserve Funds as required under the Mortgage Loan Documents and to perform and comply with all the terms and provisions relating thereto. If requested by LenderXxxxxx, Borrower will promptly provide evidence reasonably acceptable to Lender of compliance with the foregoing.

Appears in 1 contract

Samples: Mezzanine a Loan Agreement (Industrial Logistics Properties Trust)

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Reserve Funds. (a) Borrower shall cause Mortgage Borrower to deposit and maintain each of the Mortgage Loan Reserve Funds as required under the Mortgage Loan Documents and to perform and comply with all the terms and provisions relating thereto. If requested by LenderXxxxxx, Borrower will promptly provide evidence reasonably acceptable to Lender of compliance with the foregoing.. 102

Appears in 1 contract

Samples: Mezzanine B Loan Agreement (Industrial Logistics Properties Trust)

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