Common use of DISTRIBUTION TO OWNER Clause in Contracts

DISTRIBUTION TO OWNER. The Parties agree that the Agent shall make the following distributions to the Owner: (check one) ☐ - With each payment made by a tenant of the Property on a timely basis. ☐ - ____% of payments collected to be paid each ☐ week ☐ month with the full balance owed five (5) days before the end of each taxable quarter. ☐ - $______________ to be paid each ☐ week ☐ month with the full balance owed five (5) days before the end of each taxable quarter. ☐ - To be paid-in-full five (5) business days before the end of each taxable quarter. ☐ - Other. __________________________________________________________________. Any unpaid amount from the Agent to the Owner shall be held by the Agent and designated for other fees, expenses, distributions, or other items related to the Property. Any such remaining amounts shall be distributed to the Owner upon the termination of this Agreement.

DISTRIBUTION TO OWNER. The Parties agree that the Agent shall make the following distributions to the Owner: (check one) ☐ - With each payment made by a tenant of the Property on a timely basis. ☐ - ____% [#]% of payments collected to be paid each ☐ week ☐ month with the full balance owed five (5) days before the end of each taxable quarter. ☐ - $______________ [AMOUNT] to be paid each ☐ week ☐ month with the full balance owed five (5) days before the end of each taxable quarter. ☐ - To be paid-in-full five (5) business days before the end of each taxable quarter. ☐ - Other. __________________________________________________________________. [OTHER] Any unpaid amount from the Agent to the Owner shall be held by the Agent and designated for other fees, expenses, distributions, or other items related to the Property. Any such remaining amounts shall be distributed to the Owner upon the termination of this Agreement.

DISTRIBUTION TO OWNER. The Parties agree that the Agent shall make the following distributions to the Owner: (check one) ☐ - With each payment made by a tenant of the Property on a timely basis. ☐ ☒ - ____50% of payments collected to be paid each ☐ week ☐ ☒ month with the full balance owed five (5) days before the end of each taxable quarter. ☐ - $______________ to be paid each ☐ week ☐ month with the full balance owed five (5) days before the end of each taxable quarter. ☐ - To be paid-in-full five (5) business days before the end of each taxable quarter. ☐ - Other. __________________________________________________________________. Any unpaid amount from the Agent to the Owner shall be held by the Agent and designated for other fees, expenses, distributions, or other items related to the Property. Any such remaining amounts shall be distributed to the Owner upon the termination of this Agreement.