Common use of Payments to the Trustee Clause in Contracts

Payments to the Trustee. The Lessee hereby acknowledges, and the Lessor hereby directs, that all payments of Fixed Rent, Additional Rent and other sums due to the Lessor hereunder shall be made to the Lessor, to the account specified for the Trustee in Schedule I to the Participation Agreement.

Appears in 2 contracts

Sources: Participation Agreement (Ferro Corp), Lease Agreement (Ferro Corp)

Payments to the Trustee. The Lessee hereby acknowledges, and the Lessor hereby directs, that all payments of Fixed Rent, Additional Rent and other sums due to the Lessor hereunder shall be made to the Trustee, on behalf of the Lessor, to the account specified for the Trustee in Schedule I to the Participation Agreement.

Appears in 1 contract

Sources: Lease Agreement (Geon Co)