Collection of Rents and Other Receipts. The Agent will collect and deposit rents in accordance with the terms of each lease or rental agreement. All funds collected by the Agent shall be deposited by the Agent promptly in a bank account of the Agent in an institution whose deposits are insured by an agency of the United States of America; this account shall be used exclusively by the Agent for funds of Owners Management Account #1.
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Samples: Residential Property Management Agreement (Montgomery Real Estate Service, Inc.), Pablo Torres (Montgomery Real Estate Service, Inc.)
Collection of Rents and Other Receipts. The Agent will collect and deposit rents in accordance with the terms of each lease or rental agreement. All funds collected by the Agent shall be deposited by the Agent promptly in a bank account of the Agent in an institution whose deposits are insured by an agency of the United States of America; this account shall be used exclusively by the Agent for funds of Owners Management Account #1100-000-000.
Appears in 2 contracts
Samples: Assignment of Contract Rights and Obligations (Moixa Iii, Inc.), Assignment of Contract Rights and Obligations (Moixa Iii, Inc.)
Collection of Rents and Other Receipts. The Agent will collect and deposit rents in accordance with the terms of each lease or rental agreement. All funds collected by the Agent shall be deposited by the Agent promptly in a bank account of the Agent in an institution whose deposits are insured by an agency of the United States of America; this account shall be used exclusively by the Agent for funds of Owners Management Account #1171-311-312-313.
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Collection of Rents and Other Receipts. The Agent will collect and deposit rents in accordance with the terms of each lease or rental agreement. All funds collected by the Agent shall be deposited by the Agent promptly in a bank account of the Agent in an institution whose deposits are insured by an agency of the United States of America; this account shall be used exclusively by the Agent for funds of Owners Management Account #1171.
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Samples: Management Agreement (Montgomery Real Estate Service, Inc.)
Collection of Rents and Other Receipts. The Agent will collect and deposit rents in accordance with the terms of each lease or rental agreement. All funds collected by the Agent shall be deposited by the Agent promptly in a bank account of the Agent in an institution whose deposits are insured by an agency of the United States of America; this account shall be used exclusively by the Agent for funds of Owners Management Account #1.# 171, 311, 312
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