Collections and Distributions. 10 SECTION 4.1 Collections and Remittances by the Owner Trustee........................................10 SECTION 4.2
Collections and Distributions. The Manager will collect all sums payable to the Joint Venture and will distribute such amounts, after expenses of the Joint Venture, as set forth in this Agreement.
Collections and Distributions a. The Participants hereby appoint Global to serve as the Loan Servicing Agent to collect payments from Borrower.
Collections and Distributions. 8 SECTION 3.1. Collections and Remittances by Certificate Trustee................. 8 SECTION 3.2.
Collections and Distributions. SECTION 4.1 Collections and Remittances by the Owner Trustee.
Collections and Distributions. SECTION 4.1 Collections and Remittances by the Owner Trustee. The Owner Trustee agrees that, subject to the provisions of this Trust Agreement and the Operative Agreements, it will during the term of this Trust administer the Trust Estate and, at the direction of the Holders, take steps to collect all Rent and other sums payable to the Owner Trustee by Lessee under the Lease. The Owner
Collections and Distributions. The following provisions shall govern the receipt, distribution and application of all income and proceeds from the Trust Estate:
Collections and Distributions. (a) While Seller is administrative agent and servicer for any Eligible Loans, Seller shall collect all payments due from Borrowers under the Loan Documents for such Loans (other than payoff amounts, which are to be paid by Borrowers directly to Buyer) and distribute them in accordance with Sections 5.8 and 5.9 of this Agreement on the last Business Day of each calendar month. Seller shall pay to Buyer within ten (10) days after receipt of any Receipts all sums due to Buyer in respect of such Receipts as provided in Section 5.8 and 5.9 of this Agreement; provided that in the event Seller receives any Receipts representing the payment of principal due under an Eligible Loan, Seller shall within one Business Day deposit all such Receipts into an account with Buyer that is controlled by Buyer. All fees associated with the account controlled by Buyer shall be paid by Buyer.
Collections and Distributions. The Board of Directors and Directors shall collect all sums payable to the Joint Venture and shall distribute such amounts, after expenses of the Joint Venture, to the Parties in accordance with their joint instructions or, if no such joint instructions are given, on an equal basis.
Collections and Distributions. 7 Section 3.1. Collections and Remittances by the Trustee................... 7 Section 3.2. Payments to the Agent ....................................... 7 Section 3.3. Effect of Sales by the Trustee .............................. 7
