Common use of Security Interest in Reserves; Other Matters Pertaining to Reserves Clause in Contracts

Security Interest in Reserves; Other Matters Pertaining to Reserves. Section 6.2 Funds Deposited with Lender.............................................. 75 Section 6.3 Impositions and Insurance Reserve........................................ 76 Section 6.4 FF&E Reserve............................................................. 76 Section 6.5 Capital Improvement Reserve; Required Capital Improvements............... 77 Section 6.6 Hazardous Materials Remediation Reserve.................................. 77 Section 6.7 Conditions to Disbursements from Hazardous Materials Remediation Reserve and Capital Improvement Reserve; Performance of Work................... 77 Section 6.8 Cash Trap Reserve........................................................ 82

Appears in 2 contracts

Sources: Loan and Security Agreement (Lodgian Inc), Loan and Security Agreement (Lodgian Inc)

Security Interest in Reserves; Other Matters Pertaining to Reserves. 72 Section 6.2 Funds Deposited with Lender.............................................. 75 ................................................................... 72 Section 6.3 Impositions and Insurance Reserve........................................ 76 ............................................................. 73 Section 6.4 FF&E Reserve............................................................. 76 .................................................................................. 73 Section 6.5 Capital Improvement Reserve; Required Capital Improvements............... 77 .................................... 74 Section 6.6 Hazardous Materials Remediation Reserve.................................. 77 ....................................................... 74 Section 6.7 Conditions to Disbursements from Hazardous Materials Remediation Reserve and Capital Improvement Reserve; Performance of Work................... 77 ...................................................... 75 Section 6.8 Cash Trap Reserve........................................................ 82............................................................................. 79

Appears in 1 contract

Sources: Loan and Security Agreement (Lodgian Inc)