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. ☐ – $[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.

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.