Tax and Insurance Escrow Account shall have the meaning set forth in Section 7.2 hereof.

Tax and Insurance Escrow Account means any impound account established pursuant to the Senior Loans, or any of them, and may include without limitation, impounds for capital repairs and replacements.

Tax and Insurance Escrow Account has the meaning set forth in Section 3.4(a).

Examples of Tax and Insurance Escrow Account in a sentence

The General Operating Account is used for the deposit of all project income (including rent receipts, housing subsidy payments, and non-residential rental income) and for the disbursement of all necessary project expenses (including deposits to the Real Estate Tax and Insurance Escrow Account and the Reserve Accounts).
The Real Estate Tax and Insurance Escrow Account is established for the annual payment of real estate taxes and insurance.
Each month, the owner must withdraw one-twelfth of the annual anticipated total of these obligations from the General Operating Account and deposit these funds into the Real Estate Tax and Insurance Escrow Account.
If the Borrower elects not to reimburse the Bank on such date, then the Borrower shall be deemed to have requested, and the Bank shall be deemed to have made, a Base Rate Loan to the Borrower on such date in the amount of the applicable drawing (without regard to whether any condition set forth in Section 4 has been satisfied).
Any amount remaining in the Tax and Insurance Escrow Account after the Debt has been paid in full shall be returned to Borrower.

More Definitions of Tax and Insurance Escrow Account

Tax and Insurance Escrow Account means any impound account established pursuant to the Senior Loans, or any of them.

Tax and Insurance Escrow Account means the impound account Borrower establishes with Lender for the payment of real estate taxes and assessments against and insurance on the Property.

Tax and Insurance Escrow Account shall have the meaning ascribed to such term in SECTION 5.11 hereof.

Tax and Insurance Escrow Account means the Account of that name created pursuant to Section 4.2(a) of this Funding Loan Agreement.

Tax and Insurance Escrow Account. The impound account Borrower establishes with Agent for the payment of Real Estate Taxes and Insurance Premiums.

Tax and Insurance Escrow Account has the meaning specified in SECTION 3.1 of this SCHEDULE 5.11. EXHIBIT A MORTGAGE NOTE $175,000,000.00 June 11, 1997 FOR VALUE RECEIVED, the undersigned, ARDEN REALTY FINANCE PARTNERSHIP, L.P., a California limited partnership ("MAKER"), promises to pay to the order of XXXXXX BROTHERS REALTY CORPORATION, a Delaware corporation, its successors and assigns ("HOLDER"), at such place as Holder may from time to time designate in writing, the principal sum of ONE HUNDRED SEVENTY-FIVE MILLION AND NO/100 DOLLARS ($175,000,000.00) in lawful money of the United States of America, together with interest thereon, to be computed and paid as specified in SECTION 1 below. Except as otherwise defined or limited herein, capitalized terms used herein shall have the meanings ascribed to them in that certain Loan Agreement (the "LOAN AGREEMENT") dated as of the date hereof by and between Maker and Holder. This is the Mortgage Note referred to in the Loan Agreement.

Tax and Insurance Escrow Account as defined in Section 4.1.11.