Hard means each tenant transfers its rent directly to the Lock Box Account; "Soft" means each tenant transfers its rent to the related borrower or property manager who then is required to transfer the funds into the Lock Box Account; "Soft at Closing, Springing Hard" means that a Soft Lock Box exists at closing, but upon the occurrence of a trigger event, as defined in the related loan documents, each tenant will be required to transfer its rent directly to the Lock Box Account; "Springing Hard" means that a Lock Box is not in use at closing, but upon occurrence of a trigger event, as defined in the related loan documents, each tenant will be required to transfer its rent directly to the Lock Box Account.
Examples of Hard in a sentence
Hard copies of the NoA will no longer be mailed via postal service.
Hard stone aggregate of different sizes shall be crushed or broken from hard stone conforming to CPWD Specifications for work subject to para below.
However, if there is any dispute between Hard copy and Soft copy, Hard copy will be taken.
The Bids (both electronic and Hard copies) must be received by the purchaser, no later than the time and date specified in the Invitation for Bids (Section I).
Hard & Soft Copies of operating & technical literature both in English are required at the time of supply of the stores.
More Definitions of Hard
Hard means 'diligently', strenuously', 'Hardly' means 'scarcely at all'. These two Adverbial forms of 'hard' must not be confused.
Hard costs of such improvements. If Tenant fails to utilize the entire Tenant Improvement Allowance for any particular Building for Tenant Improvements, thereupon Tax Expenses shall be adjusted to the actual amount so utilized.
Hard construction costs and approved "soft" costs incurred by Tenant and funded by Landlord during the Construction Period pursuant to the terms and conditions of the Construction Addendum.
Hard for the first 12 months and "soft" for the following 24 months or such other time frame as indicated therein) may be assessed, as indicated on the Mortgage Loan Schedule. Commission or SEC: The U.S. Securities and Exchange Commission.
Hard costs of such improvements (commencing as of the Lease Commencement Date for the applicable Floor Group, any Floor Groups not improved in the Base Year of the Lease Term for such Building shall be fully assessed based on the Tenant Improvement Allowance available therefor). If Tenant fails to utilize the entire Tenant Improvement Allowance for any particular Building for Tenant Improvements, thereupon Tax Expenses shall be adjusted to the actual amount so utilized.