Common use of Lease Proceeds Clause in Contracts

Lease Proceeds. The Lease Proceeds that Lessor shall pay to the Escrow Agent in connection with this Schedule is $6,500,000.00, which $6,500,000.00 is for deposit into the Escrow Fund. It is expected that by eighteen (18) months from the date of this Schedule of Property No. 5, Lessee will have taken possession of all items of Equipment shown above and that the Lessee’s final Disbursement Request pursuant to the Escrow Agreement will be signed by Lessee, approved by Lessor and delivered to the Escrow Agent on or before eighteen (18) months from the date of this Schedule.

Appears in 1 contract

Samples: local.anaheim.net

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Lease Proceeds. The Lease Proceeds that Lessor shall pay to the Escrow Agent in connection with this Schedule is $6,500,000.001,500,000.00, which $6,500,000.00 1,500,000.00 is for deposit into the Escrow Fund. It is expected that by eighteen (18) months from the date of this Schedule of Property No. 54, Lessee will have taken possession of all items of Equipment shown above and that the Lessee’s final Disbursement Request pursuant to the Escrow Agreement will be signed by Lessee, approved by Lessor and delivered to the Escrow Agent on or before eighteen (18) months from the date of this Schedule.

Appears in 1 contract

Samples: local.anaheim.net

Lease Proceeds. The Lease Proceeds that Lessor shall pay to the Escrow Agent in connection with this Schedule is $6,500,000.00503,484.00, which $6,500,000.00 503,484.00 is for deposit into the Escrow FundAccount. It is expected that by eighteen (18) months from the date of this Schedule of Property No. 54, Lessee will have taken possession of all items of Equipment shown above and that the Lessee’s final Disbursement Request pursuant to the Escrow Agreement will be signed by Lessee, approved by Lessor and delivered to the Escrow Agent on or before eighteen (18) months from the date of this Schedule.

Appears in 1 contract

Samples: legistarweb-production.s3.amazonaws.com

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Lease Proceeds. The Lease Proceeds that Lessor shall pay to the Escrow Agent in connection with this Schedule is $6,500,000.00, which $6,500,000.00 is for deposit into the Escrow Fund. It is expected that by eighteen (18) months from the date of this Schedule of Property No. 5, Lessee will have taken possession of all items of Equipment shown above and that the Lessee’s final Disbursement Request pursuant to the Escrow Agreement will be signed by LesseeXxxxxx, approved by Lessor Xxxxxx and delivered to the Escrow Agent on or before eighteen (18) months from the date of this Schedule.

Appears in 1 contract

Samples: local.anaheim.net

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