Tax Reserve Account shall have the meaning set forth in Section 3.1.1.
Tax Reserve Account shall have the meaning as set forth in Section 6.5.1(c).
Tax Reserve Account means account no. 00000000 established and maintained by the Paying Agent pursuant to Section 2.17 in the name of the Borrower Representative and entitled “Xxxxx Fargo Bank, N.A., as Paying Agent, in trust for the Borrowers - Tax Reserve Account # 00000000” or such other account established at the Paying Agent (or any successor) as may be designated in writing from time to time by the Administrative Agent.
Examples of Tax Reserve Account in a sentence
Administrative Agent shall not be required to make disbursements from the Reserve Accounts (other than the Tax Reserve Account or the Insurance Reserve Account, which shall not be so limited) unless such requested disbursement is in an amount greater than $10,000 (or a lesser amount if the total amount in the applicable Reserve Account is less than $10,000, in which case only one disbursement of the amount remaining in the account shall be made).
Provided no Event of Default shall then exist, Administrative Agent will apply the funds in the Tax Reserve Account to payments of the Property Taxes for which such funds have been reserved.
More Definitions of Tax Reserve Account
Tax Reserve Account shall have the meaning set forth in Section 8.1 hereof.
Tax Reserve Account means any segregated non-interest bearing account established pursuant to Section 10.3(h).
Tax Reserve Account. Defined in Section 7.4(f)(i).
Tax Reserve Account means the account to be opened and maintained pursuant to clause 16 of the Intercreditor Agreement;
Tax Reserve Account. The Securities Account established and maintained by the Paying Agent in the name of the Borrower Representative and entitled “JPMorgan Chase Bank, National Association, as Paying Agent, in trust for the Borrowers — Tax Reserve Account # 689690961” or such other account established at the Paying Agent (or any successor) as may be designated in writing from time to time by the Agent, and at all times subject to an Account Control Agreement.
Tax Reserve Account. The Tax Reserve Account established and maintained pursuant to Section 3.26.
Tax Reserve Account means the account identified as the “Tax Reserve Account” in the Securities Account Control Agreement established and maintained by the Securities Intermediary pursuant to Section 2.18 or such other account established pursuant to Section 2.18 in replacement thereof by the Securities Intermediary and designated in writing from time to time by the Administrative Agent and the Borrower Representative. The Tax Reserve Account shall be an Eligible Account.