Income from the Property. Borrower shall first apply all income from leases, and all other income derived from the Property, to pay costs and expenses associated with the ownership, maintenance, development, operating, and marketing of the Land and Improvements, including all amounts then required to be paid under the Loan Documents, before using or applying such income for any other purpose.
Appears in 6 contracts
Samples: Rents and Security Agreement (Acadia Realty Trust), Construction Loan Agreement (Skechers Usa Inc), Construction Loan Agreement (Skechers Usa Inc)
Income from the Property. Borrower shall first apply all income from leasesLeases, and all other income derived from the Property, to pay costs and expenses associated with the ownership, maintenance, development, operating, and marketing of the Land and Improvements, including all amounts then required to be paid under the Loan Documents, before using or applying such income for any other purpose.
Appears in 2 contracts
Samples: Loan Agreement (Behringer Harvard Short Term Opportunity Fund I Lp), Credit Agreement (Behringer Harvard Short Term Opportunity Fund I Lp)
Income from the Property. Borrower shall first apply all income from leases, and all other income derived from the Property, to pay costs and expenses associated with the ownership, maintenance, development, operating, and marketing of the Land and Improvements, including all amounts then required to be paid under the Loan Documents, before using or applying applying, such income for any other purpose.
Appears in 1 contract
Samples: Construction Loan Agreement (Bluerock Residential Growth REIT, Inc.)
Income from the Property. The Borrower shall first apply all income from ------------------------ leases, and all other income derived from the Property, to pay costs and expenses associated with the ownership, maintenance, development, operating, and marketing of the Land and Improvements, including all amounts then required to be paid under the Loan Documents, before using or applying such income for any other purpose.. EXHIBIT "G" PLANS AND SPECIFICATIONS EXHIBIT "H" SURVEY REQUIREMENTS -------------------
Appears in 1 contract
Samples: Construction Loan Agreement (Regeneration Technologies Inc)
