Disbursements from the Cash Management Account. (a) On each Monthly Payment Date during a Trigger Period, Administrative Agent or Servicer, as applicable, shall allocate all funds, if any, on deposit in the Cash Management Account and disburse such funds in the following amounts and order of priority (so long as no Event of Default then exists):
Appears in 2 contracts
Samples: Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.), Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.)
Disbursements from the Cash Management Account. (a) On each Monthly Payment Date during the continuance of a Trigger Period, Administrative Agent or Servicer, as applicable, shall allocate all funds, if any, on deposit in the Cash Management Account and disburse such funds in the following amounts and order of priority (so long as no Event of Default then exists):priority:
Appears in 1 contract
Samples: Loan Agreement (Industrial Logistics Properties Trust)
Disbursements from the Cash Management Account. (a) On each Monthly Payment Date during a Trigger PeriodDate, provided no Event of Default has occurred and is continuing, Administrative Agent or Servicer, as applicable, shall allocate all funds, if any, on deposit in the Cash Management Account and disburse such funds in the following amounts and order of priority (so long as no Event of Default then exists):priority:
Appears in 1 contract
Samples: Loan Agreement (Cole Credit Property Trust III, Inc.)
