Common use of Receipts from Interest Rate Protection Agreements Clause in Contracts

Receipts from Interest Rate Protection Agreements. All payments made by the counterparty to the Interest Rate Protection Agreement shall be deposited into the Clearing Account and applied in the same manner as Rents are applied under Section 3.15 hereof.

Appears in 2 contracts

Samples: Loan Agreement (Parking REIT, Inc.), Loan Agreement (Condor Hospitality Trust, Inc.)

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Receipts from Interest Rate Protection Agreements. All payments made by the counterparty to the Interest Rate Protection Agreement shall be deposited into the Clearing Account and applied in the same manner as Rents are applied under Section 3.15 hereof3.11.

Appears in 2 contracts

Samples: Loan Agreement (Prime Group Realty Trust), Loan Agreement (Thomas Properties Group Inc)

Receipts from Interest Rate Protection Agreements. All payments made by the counterparty to the Interest Rate Protection Agreement shall be deposited into the Clearing Account and applied in the same manner as Rents are applied under Section 3.15 3.11 hereof.

Appears in 1 contract

Samples: Loan Agreement (Maguire Properties Inc)

Receipts from Interest Rate Protection Agreements. All payments made by the counterparty to the Interest Rate Protection Agreement shall be deposited into the Clearing Deposit Account and applied in the same manner as Rents are applied under Section 3.15 hereof3.11.

Appears in 1 contract

Samples: Loan Agreement (Morgans Hotel Group Co.)

Receipts from Interest Rate Protection Agreements. All payments made by the counterparty to the Interest Rate Protection Agreement shall be deposited into the Clearing Subordinate Deposit Account and applied in the same manner as Rents are applied under Section 3.15 hereof3.4.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Morgans Hotel Group Co.)

Receipts from Interest Rate Protection Agreements. All payments made by the counterparty to the Interest Rate Protection Agreement shall be deposited into the Clearing Deposit Account and applied in the same manner as Rents are applied under Section 3.15 hereof3.8.

Appears in 1 contract

Samples: Loan Agreement (Corporate Property Associates 17 - Global INC)

Receipts from Interest Rate Protection Agreements. All ------------------------------------------------- payments made by the counterparty to the Interest Rate Protection Agreement shall be deposited into the Clearing Account and applied in the same manner as Rents are applied under Section 3.15 hereof3.10.

Appears in 1 contract

Samples: Loan Agreement (Konover Property Trust Inc)

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Receipts from Interest Rate Protection Agreements. All payments made by the counterparty to the Interest Rate Protection Agreement shall be deposited into the Clearing Borrower Deposit Account and applied in the same manner as Rents are applied under Section 3.15 hereof3.12.

Appears in 1 contract

Samples: Loan Agreement (Behringer Harvard Opportunity REIT II, Inc.)

Receipts from Interest Rate Protection Agreements. All payments made by the counterparty to the Interest Rate Protection Agreement shall be deposited into the Clearing Account and ultimately applied in the same manner as Rents are applied under Section 3.15 3.11 hereof.

Appears in 1 contract

Samples: Loan Agreement (Maguire Properties Inc)

Receipts from Interest Rate Protection Agreements. All payments made by the counterparty to the Interest Rate Protection Agreement Agreements shall be deposited into the Clearing Deposit Account and applied in the same manner as Rents are applied under Section 3.15 3.11 hereof.

Appears in 1 contract

Samples: Loan Agreement (Thomas Properties Group Inc)

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