Common use of Other Reserves Clause in Contracts

Other Reserves. Borrower shall establish such additional reserves in amounts sufficient to fund any additional reserves reasonably required by Lender (together with the Debt Service Reserve, the Tax and Insurance Reserve and the Free Rent Reserve, the Replacement Reserve being sometimes referred to herein collectively as the “Reserves”).

Appears in 1 contract

Sources: Loan and Security Agreement (NNN 2003 Value Fund LLC)

Other Reserves. Borrower shall establish such additional reserves in amounts sufficient to fund any additional reserves reasonably required by Lender (together with the Debt Service Reserve, the Tax and Insurance Reserve and the Free Rent Reserve, the Replacement Reserve and the PRC TI/LC Reserve being sometimes referred to herein collectively as the “Reserves”).

Appears in 1 contract

Sources: Loan and Security Agreement (NNN 2003 Value Fund LLC)