Payment Recipient Clause Samples
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Payment Recipient. To the extent amounts placed into the Reserve Account are not used, or in the judgment of the Stockholders’ Agent are not expected to be used, to pay fees and expenses incurred in connection with the transactions contemplated by this Agreement including costs associated with any indemnification claims, such remaining amount, together with all earnings thereon, shall be distributed to the Covered Securityholders in proportion to their respective Pro Rata Shares. The Stockholders’ Agent shall have sole and exclusive authority to disburse and pay amounts placed into the Reserve Account consistent with the provisions of this Agreement.
Payment Recipient. Rent must be payable to Landlord, or such other agent, representative or assign of Landlord as Landlord may direct in writing from time to time.
Payment Recipient. The Fees must be paid to [Partner] (the “Company’s Designee”)]. Payment of Fees to the Company’s Designee does not in any way constitute an assignment of any of the Company’s rights under this Subscription Agreement.
Payment Recipient. All payments shall be made directly to Seller as directed by Seller.
Payment Recipient. See §14.18(a) Payout Ratio. As of any date of calculation, for the most recently ended twelve-month period, the ratio of (i) cash Distributions to common equity holders of the REIT Guarantor paid or payable during such period to (ii) Core Funds from Operations for such period; provided, solely for the purpose of clause (i) above, no buybacks, repurchases, redemptions or similar transactions with respect to the Equity Interests of any Credit Party shall be included in the amount of cash Distributions.
Payment Recipient. See §14.16(a).”;