Common use of Collection of Rents and Other Income Clause in Contracts

Collection of Rents and Other Income. Subject to SECTION 2.13(b), Manager will use diligent efforts to collect all rents and other charges which may become due at any time from any tenant or from others in connection with or for the use of the Property and will use its best efforts to ensure tenants' compliance with their respective leases. Manager will collect and identify any income from miscellaneous services provided to tenants or the public from parking income, furniture rental, cleaning services, tenant storage and coin-operated machines of all types. All rents and other monies collected will be deposited in the Operating Account. Manager will not write off any income items without Owner's prior approval.

Appears in 3 contracts

Samples: Property Management Agreement (Boston Capital Real Estate Investment Trust Inc), Property Management Agreement (Boston Capital Real Estate Investment Trust Inc), Management Agreement (Boston Capital Real Estate Investment Trust Inc)

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Collection of Rents and Other Income. Subject to SECTION Section 2.13(b), Manager will use diligent efforts to collect all rents and other charges which may become due at any time from any tenant or from others in connection with or for the use of the Property and will use its best efforts to ensure tenants' compliance with their respective leases. Manager will collect and identify any income from miscellaneous services provided to tenants or the public from parking income, furniture rental, cleaning services, tenant storage and coin-operated machines of all types. All rents and other monies collected will be deposited in the Operating Account. Manager will not write off any income items without Owner's ’s prior approval.

Appears in 3 contracts

Samples: Property Management Agreement (Boston Capital Real Estate Investment Trust Inc), Property Management Agreement (Boston Capital Real Estate Investment Trust Inc), Property Management Agreement (Boston Capital Real Estate Investment Trust Inc)

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