T & I definition
Examples of T & I in a sentence
All foreclosure advances by the Servicer and reimbursements to the Servicer must be clearly identifiable in the respective Custodial T & I Account.
The annual deposit to the T & I Account shall equal the total annual Insurance payment and the total annual real estate tax payment.
The General Partner, on behalf of the Partnership, shall establish a tax and insurance account ("T & I Account") for the purpose of making the requisite Insurance premium payments and the real estate tax payments.
Such wire transfers shall be initiated by the Company's bank prior to 4:00 p.m. Eastern time and received by the Funds prior to 6:00 p.m. Easter time on the Business Day next following the Trade Date ("T + I").
Notwithstanding the foregoing, as part of its obligation to achieve Breakeven Operations, the General Partner shall cause the Partnership to prefund the T & I Account in an amount equal to one year's property insurance premium and the next full installment of real estate taxes based on improved land.
The General Partner, on behalf of the Partnership, shall open a tax and insurance account (the "T & I Account") for the purpose of making the requisite Insurance premium payments and the real estate tax payments.
The T & I Account shall require the joint signature of the Special Limited Partner for any withdrawals.
If the Mortgage lender will not or cannot reamortize the loan as specified in this Section, and the General Partner cannot obtain another mortgage, then the General Partner will contribute additional capital as determined by the Special Limited Partner to the T & I Account in an amount equal to the annual difference between the actual real estate tax, or property tax, over the Real Estate Taxes specified in this Agreement times the number of years remaining on the 15-year LIHTC compliance term.
Title of Account: HMAC 2004-_ in trust for the Purchaser and/or subsequent purchasers of Mortgage Loans, and various Mortgagors - T & I Address of office or branch of the Servicer at which Account is maintained: HOME STAR MORTGAGE SERVICES LLC Servicer By: Name: Title: EXHIBIT D REQUEST FOR RELEASE OF DOCUMENTS To: ▇▇▇▇▇ Fargo Bank, N.A. ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇.▇.
The General Partner, on behalf of the Partnership, shall open a tax and insurance account ("T & I Account") for the purpose of making the requisite Insurance premium payments and the real estate tax payments.