Order of Priority of Funds in Deposit Account. On each Monthly Payment Date during the continuance of a Trigger Period, except during the continuance of an Event of Default, all funds deposited into the Deposit Account during the immediately preceding Interest Period shall be applied on such Monthly Payment Date in the following order of priority:
Appears in 6 contracts
Samples: Loan Agreement (NOVONIX LTD), Loan Agreement (Generation Income Properties, Inc.), Loan Agreement (NOVONIX LTD)
Order of Priority of Funds in Deposit Account. On each Monthly Payment Date during the continuance of a Trigger PeriodTerm, except during the continuance of an Event of Default, all funds deposited into the Deposit Account during the immediately preceding Interest Period shall be applied on such Monthly Payment Date in the following order of priority:
Appears in 5 contracts
Samples: Loan Agreement, Loan Agreement (Pacific Office Properties Trust, Inc.), Loan Agreement (American Realty Capital Hospitality Trust, Inc.)
Order of Priority of Funds in Deposit Account. On each Monthly Payment Date during the continuance of a Trigger PeriodTerm, except during the continuance of an Event of Default, all funds deposited into the Deposit Account during the immediately preceding Interest Collection Period shall be applied on such Monthly Payment Date in the following order of priority:
Appears in 3 contracts
Samples: Loan Agreement (Clipper Realty Inc.), Loan Agreement (Clipper Realty Inc.), Loan Agreement (Clipper Realty Inc.)
Order of Priority of Funds in Deposit Account. On each Monthly Payment Date during the continuance of a Trigger PeriodTerm, except during the continuance of an Event of Default, all funds deposited into the Deposit Account during the immediately preceding Interest Period shall be applied on such Monthly Payment Date in the following amounts and order of priority:
Appears in 2 contracts
Samples: Mezzanine Loan Agreement (W2007 Grace Acquisition I Inc), Mezzanine Loan Agreement (American Realty Capital Hospitality Trust, Inc.)
Order of Priority of Funds in Deposit Account. On each Monthly Payment Date during the continuance of a Trigger PeriodTerm, except during the continuance of an Event of Default, all funds deposited into the Deposit Account received by Lender from Mortgage Lender during the immediately preceding Interest Period shall be applied on such Monthly Payment Date in the following order of priority:
Appears in 2 contracts
Samples: Second Mezzanine Loan Agreement (Clipper Realty Inc.), First Mezzanine Loan Agreement (Clipper Realty Inc.)
Order of Priority of Funds in Deposit Account. On During any Trigger Period, on each Monthly Payment Date during the continuance of a Trigger PeriodTerm, except during the continuance of an Event of Default, all funds deposited into the Deposit Account during the immediately preceding Interest Period shall be applied on such Monthly Payment Date in the following order of priority:
Appears in 1 contract
Order of Priority of Funds in Deposit Account. On each Monthly Payment Date during the continuance of a Trigger PeriodTerm, except during the continuance of an Event of Default, all funds deposited into the Deposit Account during the immediately preceding Interest Period (including, with respect to the first Monthly Payment Date, any funds deposited into the Deposit Account during the Initial Interest Period) shall be applied on such Monthly Payment Date in the following order of priority:
Appears in 1 contract
Samples: Loan Agreement (Bluerock Residential Growth REIT, Inc.)
Order of Priority of Funds in Deposit Account. On each Monthly Payment Date during the continuance of a Trigger PeriodDate, except during the continuance of an Event of Default, all funds deposited into the Deposit Account during the immediately preceding Interest Period shall be applied on such Monthly Payment Date in accordance with the following order of prioritypriority set forth below:
Appears in 1 contract
Order of Priority of Funds in Deposit Account. On each Monthly Payment Date during the continuance of a Trigger PeriodTerm, except during the continuance of an Event of Default, all funds deposited into the Deposit Account during the immediately preceding then-current Interest Period shall be applied on such Monthly Payment Date in the following order of priority:
Appears in 1 contract
Order of Priority of Funds in Deposit Account. On each Monthly Payment Date during the continuance of a Trigger PeriodTerm, except during the continuance of an Event of Default (and during the continuance of an Event of Default, at Lender’s option in its sole and absolute discretion), all funds deposited into the Subordinate Deposit Account during the immediately preceding Interest Period (less any minimum deposit required by Deposit Bank) shall be applied on such Monthly Payment Date in the following order of priority:
Appears in 1 contract
Samples: Mezzanine Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.)
