Operating and Reserve Accounts. The Borrower shall cause the Property Manager to maintain the operating, escrow, reserve and other accounts, if any, for the Premises with the Agent and pledge the same to the Agent as additional security for the Loan.
Appears in 4 contracts
Sources: Mortgage, Security Agreement, Fixture Filing and Assignment of Leases and Rents (Grubb & Ellis Healthcare REIT, Inc.), Mortgage, Security Agreement, Fixture Filing and Assignment of Leases and Rents (Grubb & Ellis Healthcare REIT, Inc.), Mortgage, Security Agreement, Fixture Filing and Assignment of Leases and Rents (Grubb & Ellis Healthcare REIT, Inc.)