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Common use of Completion of Repairs Related to Reserve Accounts Clause in Contracts

Completion of Repairs Related to Reserve Accounts.

Appears in 2 contracts

Sources: Loan Agreement (Independence Realty Trust, Inc), Loan Agreement (Resource Real Estate Opportunity REIT, Inc.)

Related Clauses

  • Release of Required Repair Funds
  • Collection of Taxes, Assessments and Similar Items; Servicing Accounts; Reserve Accounts
  • Disbursements from Replacement Reserve Account
  • Withdrawals From Escrow Account
  • Maintenance of Collateral Accounts

Sub-Clauses

  • Waiver of Conditions to Disbursement
  • No Existing Event of Default
  • Contracts
  • Payment of Lender’s Expenses
  • Conditions Precedent to Disbursements from Certain Reserve Accounts
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