Definition of Initial Insurance Premiums Deposit


Initial Insurance Premiums Deposit means the amount set forth on Schedule IV.
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Examples of Initial Insurance Premiums Deposit in a sentence

On the date hereof, Borrower shall deposit with Lender the Initial Tax Deposit on account of the Taxes next coming due and the Initial Insurance Premiums Deposit on account of the Insurance Premiums next coming due.
On the date hereof, Borrower shall deposit with Lender the Initial Tax Deposit on account of the Property Taxes next coming due and the Initial Insurance Premiums Deposit on account of the Insurance Premiums next coming due.