Common use of Escrows Clause in Contracts

Escrows. All escrow deposits relating to such Mortgage Loan that are, as of the Closing Date, required to be deposited with the mortgagee or its agent have been so deposited.

Appears in 53 contracts

Sources: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Inc), Mortgage Loan Purchase Agreement (Gmac Commercial Mortgage Securities Inc), Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Inc)

Escrows. All escrow deposits relating to such Mortgage Loan that are, as of the Closing Date, are required to be deposited with the mortgagee or its agent have been so deposited.

Appears in 2 contracts

Sources: Loan Agreement (Asset Investors Corp), Loan Agreement (Ocwen Asset Investment Corp)