Tax and Insurance Escrow Fund definition

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

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

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.

Tax and Insurance Escrow Fund has the meaning set forth in Section 6 hereof.

Examples of Tax and Insurance Escrow Fund in a sentence

• There shall be deposited in the Tax and Insurance Escrow Fund all moneys received for such purpose by the Fiscal Agent from the Borrower pursuant to Section 8.2 of the Borrower Loan Agreement.

• If the Servicer determines that the Tax and Insurance Escrow is over-funded for any reason, the Servicer may direct the Fiscal Agent to return all or a portion of the moneys in the Tax and Insurance Escrow Fund to the Borrower.

• Upon the payment in full of the Governmental Note and the fees and expenses of the Governmental Lender and the Fiscal Agent and upon payment of amounts payable to the United States pursuant to any rebate requirement and any other amounts owing hereunder and under the Borrower Loan Agreement, any amounts remaining in the Tax and Insurance Escrow Fund shall be paid to the Borrower.

More Definitions of Tax and Insurance Escrow Fund

Tax and Insurance Escrow Fund shall have the meaning set forth in the Mortgage Loan Agreement.

Tax and Insurance Escrow Fund has the meaning assigned in Section 3.4.

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.

Tax and Insurance Escrow Fund shall have the meaning set forth in Section 7.2.1 hereof.

Tax and Insurance Escrow Fund shall have the meaning set forth in -----------------------------

Tax and Insurance Escrow Fund means the fund of that name created pursuant to Section 4.1(a) hereof.

Tax and Insurance Escrow Fund. As defined in Section 16.1(m). Tax and Insurance Reserve: As defined in Section 11.5. Title Insurer: First American Title Insurance Company and Fidelity Title Insurance Company.