Common use of Reserves/Escrows Clause in Contracts

Reserves/Escrows. In the event that Securities are issued in connection with the Loan, all funds held by Lender in escrow or pursuant to reserves in accordance with this Agreement and the other Loan Documents shall be deposited in “eligible accounts” at “eligible institutions” and, to the extent applicable, invested in “permitted investments” as then defined and required by the Rating Agencies.

Appears in 43 contracts

Samples: Mezzanine a Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.), Mezzanine B Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.), Loan Agreement (Independence Realty Trust, Inc)

AutoNDA by SimpleDocs

Reserves/Escrows. In the event that Securities are issued in connection with the Loan, all funds held by Lender Lxxxxx in escrow or pursuant to reserves in accordance with this Agreement and the other Loan Documents shall be deposited in “eligible accounts” at “eligible institutions” and, to the extent applicable, invested in “permitted investments” as then defined and required by the Rating Agencies.

Appears in 5 contracts

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

Reserves/Escrows. In the event that Securities are issued in connection with the Loan, all funds held by Lender Xxxxxx in escrow or pursuant to reserves in accordance with this Agreement and the other Loan Documents shall be deposited in “eligible accounts” at “eligible institutions” and, to the extent applicable, invested in “permitted investments” as then defined and required by the Rating Agencies.

Appears in 4 contracts

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

Reserves/Escrows. In the event that Securities are issued in connection with the Loan, all funds held by Lender in escrow or pursuant to reserves in accordance with this Agreement and the other Loan Documents shall be deposited in "eligible accounts" at "eligible institutions" and, to the extent applicable, invested in "permitted investments" as then defined and required by the Rating Agencies.

Appears in 3 contracts

Samples: Loan and Security Agreement (Stratus Properties Inc), Loan Agreement (Wheeler Real Estate Investment Trust, Inc.), Loan Agreement (Cedar Realty Trust, Inc.)

Reserves/Escrows. In the event that Securities are issued in connection with the Loan, all funds held by Lender Administrative Agent in escrow or pursuant to reserves in accordance with this Agreement and the other Loan Documents shall be deposited in “eligible accounts” at “eligible institutions” and, to the extent applicable, invested in “permitted investments” as then defined and required by the Rating Agencies.

Appears in 2 contracts

Samples: Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.), Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.)

Reserves/Escrows. In the event that Securities are issued in connection with the Loan, all funds held by Lender Xxxxxx in escrow or pursuant to reserves in accordance with this Agreement and the other Loan Documents shall be deposited in “eligible accounts” at “eligible institutions” and, to the extent applicable, invested in “permitted investments” as then defined and required by the Rating Agencies.. Section 9.4

Appears in 2 contracts

Samples: Loan Agreement (Silver Star Properties Reit, Inc), Loan Agreement (Silver Star Properties Reit, Inc)

Reserves/Escrows. In the event that Securities are issued in connection with the Loan, all funds held by Lender in escrow or pursuant to reserves in accordance with this Agreement and the other Loan Documents shall be deposited in into “eligible accounts” at “eligible institutions” and, to the extent applicable, invested in “permitted investments” as then defined and required by the Rating Agencies.

Appears in 1 contract

Samples: Loan Agreement (Moody National REIT I, Inc.)

Reserves/Escrows. In the event that Securities are issued in connection with the Loan, (a) notwithstanding anything herein to the contrary, all funds held by Lender in escrow or pursuant to reserves in accordance with this Agreement and the other Loan Documents shall may be deposited in “eligible accounts” at “eligible institutions” and, to the extent applicable, invested in “permitted investments” as then defined and required by the Rating Agencies., and (b) the Restricted Account shall be an “eligible account” at an “eligible institution”. Section 13.9

Appears in 1 contract

Samples: Loan Agreement (CaliberCos Inc.)

Reserves/Escrows. In the event that Securities are issued in connection with the Loan, all funds held by Lender in escrow or pursuant to reserves in accordance with this Agreement and the other Loan Documents shall be deposited in “eligible accounts” at “eligible institutions” and, to the extent applicable, invested in “permitted investments” as then defined and required by the Rating AgenciesAgencies and/or the Servicing Agreement governing each such Securitization in which the Loan (or any portion thereof) is included.

Appears in 1 contract

Samples: Building Loan Agreement (ACRES Commercial Realty Corp.)

AutoNDA by SimpleDocs

Reserves/Escrows. In the event that Securities are issued in connection with the Loan, all funds held by Lender Administrative Agent in escrow or pursuant to reserves in accordance with this Agreement and the other Loan Documents shall be deposited in “eligible accounts” at “eligible institutions” and, to the extent applicable, invested in “permitted investments” as then defined and required by the Rating Agencies.. 164

Appears in 1 contract

Samples: Loan Agreement (Industrial Logistics Properties Trust)

Reserves/Escrows. In the event that Securities are issued in connection with the Loan, all funds held by Lender in escrow or pursuant to reserves in accordance with this Agreement and the other Loan Documents shall be deposited in "eligible accounts" at "eligible institutions" and, to the extent applicable, invested in "permitted investments" as then defined and required by the Rating Agencies. Section 10.1.

Appears in 1 contract

Samples: Loan Agreement (Pillarstone Capital Reit)

Reserves/Escrows. In the event that Securities are issued in connection with the Loan, all funds held by Lender in escrow or pursuant to reserves in accordance with this Agreement Agreement, the Mortgage, the Note and the other Loan Documents shall be deposited held in “eligible accounts” at “eligible institutions” and, to the extent applicableif invested, invested in “permitted investments” as then defined and required by the Rating Agencies.

Appears in 1 contract

Samples: Loan Agreement (Chesapeake Lodging Trust)

Reserves/Escrows. In the event that Securities are issued in connection with the Loan, (a) notwithstanding anything herein to the contrary, all funds held by Lender in escrow or pursuant to reserves in accordance with this Agreement and the other Loan Documents shall may be deposited in “eligible accounts” at “eligible institutions” and, to the extent applicable, invested in “permitted investments” as then defined and required by the Rating Agencies, and (b) the Deposit Account shall be an “eligible account” at an “eligible institution”.

Appears in 1 contract

Samples: Loan Agreement (Gaia, Inc)

Reserves/Escrows. In the event that Participations or Securities are issued in connection with the Loan, all funds held by Lender in escrow or pursuant to reserves in accordance with this Agreement and the other Loan Documents shall be deposited in “eligible accounts” at “eligible institutions” and, to the extent applicable, and invested in “permitted investments” as then defined and required by the Rating Agencies.

Appears in 1 contract

Samples: Security Agreement

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