Tax and Insurance Escrow Fund definition

Tax and Insurance Escrow Fund shall have the meaning set forth in Section 7.2 hereof.
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Tax and Insurance Escrow Fund shall have the meaning set forth in Section 7.2 hereof regardless of whether the funds held therein are held by Lender for the payment of Taxes or Insurance Premiums or both.
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Tax and Insurance Escrow Fund has the meaning set forth in Section 7.2 hereof.
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Examples of Tax and Insurance Escrow Fund in a sentence

  • If the amount of the Tax and Insurance Escrow Fund shall exceed the amounts due for Taxes, Other Charges and Insurance Premiums pursuant to Section 5.1.2 hereof, Lender shall, in its sole discretion, return any excess to Borrower or credit such excess against future payments to be made to the Tax and Insurance Escrow Fund.

  • In making any payment relating to the Tax and Insurance Escrow Fund, Lender may do so according to any bill, statement or estimate procured from the appropriate public office (with respect to Taxes) or insurer or agent (with respect to Insurance Premiums), without inquiry into the accuracy of such bill, statement or estimate or into the validity of any tax, assessment, sale, forfeiture, tax lien or title or claim thereof.

  • Lender will apply the Tax and Insurance Escrow Fund to payments of Taxes and Insurance Premiums required to be made by Borrower pursuant to Section 5.1.2 hereof.


More Definitions of Tax and Insurance Escrow Fund

Tax and Insurance Escrow Fund shall have the meaning set forth in Section 7.3.1.
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Tax and Insurance Escrow Fund shall have the meaning set forth in the Mortgage Loan Agreement.
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Tax and Insurance Escrow Fund has the meaning assigned in Section 3.4.
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Tax and Insurance Escrow Fund shall have the meaning set forth in Section 7.2(a) hereof.
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Tax and Insurance Escrow Fund shall have the meaning assigned to such term in the Mortgage Loan Agreement or such comparable fund as shall be established under this Agreement in accordance with Section 7.2 hereof.
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Tax and Insurance Escrow Fund has the meaning set forth in Section 6 hereof.
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Tax and Insurance Escrow Fund shall have the meaning set forth in Section 6 hereof.
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