Replenishment Payment definition
Replenishment Payment shall have the meaning set forth in the Cash Management Agreement.
Replenishment Payment shall have the meaning set forth in Section 5(b)(ix) herein.
Examples of Replenishment Payment in a sentence
In accordance with exercising such discretion, Lender hereby requires that Borrower deposit the FF&E Replenishment Payment on each Payment Date during the Replenishment Period, in addition to the amounts otherwise required to be deposited by Borrower set forth in Section 3 of the Loan Agreement.
Exhibit A attached hereto sets forth the combined FF&E deposit amount of $34,695.00 (i.e., the FF&E Replenishment Payment plus the current monthly FF&E Reserve Funds deposit amount of $13,994.51) during the Replenishment Period.