Common use of Disbursement from the Debt Service Subaccount Clause in Contracts

Disbursement from the Debt Service Subaccount. Cash Management Bank shall disburse funds on deposit in the Debt Service Subaccount to Designee for the payments set forth in Section 2.3 of the Loan Agreement;

Appears in 2 contracts

Sources: Cash Management Agreement, Cash Management Agreement (KBS Strategic Opportunity REIT, Inc.)