Operating and Reserve Accounts. Borrower shall maintain all operating and reserve accounts for the Property with Lender, and such accounts shall be, and are hereby, pledged to Lender to secure the Obligations.
Appears in 3 contracts
Sources: Term Loan Agreement (Rexford Industrial Realty, Inc.), Term Loan Agreement (Rexford Industrial Realty, Inc.), Term Loan Agreement (Rexford Industrial Realty, Inc.)
Operating and Reserve Accounts. Borrower shall maintain all operating and reserve accounts for the Mortgaged Property with Lender, and such accounts shall be, and are hereby, be pledged to Lender to secure the Obligations.
Appears in 1 contract
Sources: Construction Loan and Security Agreement (Global Growth Trust, Inc.)
Operating and Reserve Accounts. Borrower shall maintain all the operating and reserve accounts other accounts, if any, for the Property with Lender, and such accounts shall be, and are hereby, pledged to Lender to secure the Obligations.
Appears in 1 contract