Common use of Payment Directions Clause in Contracts

Payment Directions. Notwithstanding anything to the contrary in this Agreement or otherwise, any payments to be made by FW Strategic or OHSP pursuant to Section 4.02(c) or 4.02(d)(ii) of this Agreement shall be made directly by wire transfer to the partners of UTLP in the ratio of 99.001% of the funds to be paid pursuant to such sections to JMB/NYC pursuant to the written wire instructions of JMB/NYC and .999% of the funds to be paid pursuant to such sections to UTLP GP Corp. pursuant to the written wire instructions of UTLP GP Corp., without reduction for any fees, expenses or costs.