Common use of LOCKBOX ESTABLISHMENT Clause in Contracts

LOCKBOX ESTABLISHMENT. Borrower shall have established the Lockbox Account at a Lockbox Bank approved by Lender, and shall have executed and delivered a lockbox agreement acceptable to Lender in its reasonable discretion.

Appears in 8 contracts

Sources: Loan Agreement (Behringer Harvard Reit I Inc), Loan Agreement (Behringer Harvard Reit I Inc), Loan Agreement (Behringer Harvard Reit I Inc)