Application of Funds. Any payments received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default shall be applied to Lessee’s obligations in the order that Lessor may determine or as may be prescribed by the laws of the State.
Appears in 47 contracts
Samples: Hotel Lease Agreement (Moody National REIT II, Inc.), Hotel Lease Agreement, Lease Agreement (Gadsden Growth Properties, Inc.)
Application of Funds. Any payments received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default shall be applied to Lessee’s 's obligations in the order that Lessor may determine or as may be prescribed by the laws of the State.
Appears in 40 contracts
Samples: Lease Agreement (Hersha Hospitality Trust), Lease Agreement (Hersha Hospitality Trust), Revolving Credit Agreement (Sunstone Hotel Investors Inc)
Application of Funds. Any payments otherwise payable to the Lessee which are received by the Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Lease Default shall be applied to Lessee’s obligations the Lease Obligations in the order that which the Lessor may reasonably determine or as may be prescribed required by the laws of the State.
Appears in 13 contracts
Samples: Development and Turnkey Services Agreement (Standish Care Co), Development Agreement (Standish Care Co), Facility Lease Agreement (Carematrix Corp)
Application of Funds. Any payments received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default (and such payment is made to Lessor rather than Tenant due to the existence of an Event of Default) shall be applied to LesseeTenant’s obligations in the order that which Lessor may determine or as may be prescribed by the laws of the StateState where the applicable Leased Property is located.
Appears in 13 contracts
Samples: Master Lease Agreement (Kindred Healthcare, Inc), Master Lease Agreement (Kindred Healthcare, Inc), Guaranty of Lease (Kindred Healthcare, Inc)
Application of Funds. Any All payments otherwise payable to Lessee which are received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default shall be applied to Lessee’s 's obligations in the order that which Lessor may reasonably determine or as may be prescribed by the laws of the Statestate in which the Facility is located.
Appears in 9 contracts
Samples: Lease Agreement (Global Medical REIT Inc.), Consent and Agreement (Grand Court Lifestyles Inc), Lease Agreement (Ramsay Health Care Inc)
Application of Funds. Any payments received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default shall be applied to Lessee’s obligations in the order that which Lessor may determine or as may be prescribed by the laws of the Stateapplicable State(s).
Appears in 9 contracts
Samples: Master Lease and Security Agreement (Brookdale Senior Living Inc.), Master Lease and Security Agreement (Brookdale Senior Living Inc.), Master Lease and Security Agreement (Hcp, Inc.)
Application of Funds. Any payments received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default shall be applied to Lessee’s 's obligations in the order that which Lessor may determine or as may be prescribed by the laws of the StateState of California.
Appears in 8 contracts
Samples: Master Lease Agreement (Alterra Healthcare Corp), Master Lease Agreement (Alterra Healthcare Corp), Master Lease Agreement (Emeritus Corp\wa\)
Application of Funds. Any payments received by Lessor under -------------------- any of the provisions of this Lease during the existence or continuance of any Event of Default (and such payment is made to Lessor rather than Tenant due to the existence of an Event of Default) shall be applied to Lessee’s Tenant's obligations in the order that which Lessor may determine or as may be prescribed by the laws of the StateState where the applicable Leased Property is located.
Appears in 6 contracts
Samples: Master Lease Agreement (Kindred Healthcare Inc), Master Lease Agreement (Kindred Healthcare Inc), Master Lease Agreement (Kindred Healthcare Inc)
Application of Funds. Any payments received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default shall be applied to Lessee’s obligations in the order that Lessor may determine such obligations are due or as may be prescribed by the laws of the State.
Appears in 5 contracts
Samples: Master Lease Agreement, Master Lease Agreement (Supertel Hospitality Inc), Master Lease Agreement (Supertel Hospitality Inc)
Application of Funds. Any payments received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default (and any payment made to Lessor rather than Lessee due to the existence of an Event of Default) shall be applied to Lessee’s 's obligations in the such order that as Lessor may determine or as may be or, if prescribed by the laws of the State, in accordance with such laws.
Appears in 4 contracts
Samples: Lease Agreement (Manchester Technologies Inc), Lease Agreement (Manchester Technologies Inc), Lease Agreement (Manchester Technologies Inc)
Application of Funds. Any payments received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default (and any payment made to Lessor rather than Lessee due to the existence of an Event of Default, shall be applied to Lessee’s obligations in the order that which Lessor may determine or as may be prescribed by the laws of the State.
Appears in 4 contracts
Samples: Master Lease Agreement (Omega Healthcare Investors Inc), Master Lease (Sun Healthcare Group Inc), Master Lease Agreement (Sun Healthcare Group Inc)
Application of Funds. Any payments received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default which are made to Lessor rather than Lessee due to the existence of an Event of Default shall be applied to Lessee’s 's obligations in the order that which Lessor may determine or as may be prescribed by the laws of the State.
Appears in 4 contracts
Samples: Master Lease (Ensign Group, Inc), Master Lease (Emeritus Corp\wa\), Integrated Living Communities Inc
Application of Funds. Any All payments otherwise payable to Lessee which -------------------- are received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default shall be applied to Lessee’s 's obligations in the order that which Lessor may reasonably determine or as may be prescribed by the laws of the Statestate in which the Facility is located.
Appears in 3 contracts
Samples: Lease Agreement (Emeritus Corp\wa\), Lease Agreement (Emeritus Corp\wa\), Lease Agreement (Emeritus Corp\wa\)
Application of Funds. Any payments received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default which are made to Lessor rather than Lessee due to the existence of an Event of Default shall be applied to Lessee’s obligations in the order that which Lessor may determine or as may be prescribed by the laws of the State.
Appears in 3 contracts
Samples: Lease Agreement (Sunlink Health Systems Inc), Master Lease and Security Agreement (Emeritus Corp\wa\), Master Lease and Security Agreement (Emeritus Corp\wa\)
Application of Funds. Any payments received by Lessor under any of -------------------- the provisions of this Lease during the existence or continuance of any Event of Default shall be applied to Lessee’s 's obligations in the order that Lessor may determine or as may be prescribed by the laws of the State.
Appears in 3 contracts
Samples: Lease Agreement (Boston Properties Inc), Master Hotel Lease Agreement (Apple Hospitality Two Inc), Master Lease Agreement (Jameson Inns Inc)
Application of Funds. Any payments otherwise payable to Lessee which are received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Lease Default shall be applied to Lessee’s obligations the Lease Obligations in the order that which Lessor may reasonably determine or as may be prescribed required by the laws of the State.. 16.6
Appears in 3 contracts
Samples: Facility Lease Agreement (Emeritus Corp\wa\), Facility Lease Agreement (Emeritus Corp\wa\), Facility Lease Agreement (Emeritus Corp\wa\)
Application of Funds. Any payments received by Lessor under any of the provisions provision of this Lease during the existence or continuance of any Event of Default shall be applied to Lessee’s 's obligations in the order that Lessor may determine or as may be prescribed by the laws of the State.
Appears in 3 contracts
Samples: Lease Agreement (Equity Inns Inc), Lease Agreement (Equity Inns Inc), Equity Inns Inc
Application of Funds. Any payments received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default shall shall, to the extent permitted by applicable law, be applied to Lessee’s 's obligations in the order that Lessor may determine or as may be prescribed by the laws of the Statedetermine, at Lessor's discretion.
Appears in 2 contracts
Samples: Percentage Lease Agreement (Red Lion Inns Limited Partnership), Percentage Lease Agreement (Boykin Lodging Co)
Application of Funds. Any All payments otherwise payable to Lessee which are received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default shall be applied to Lessee’s obligations in the order that which Lessor may reasonably determine or as may be prescribed by the laws of the Statestate in which the Facility is located.
Appears in 2 contracts
Samples: Lease Agreement (Global Medical REIT Inc.), Lease Agreement (Global Medical REIT Inc.)
Application of Funds. Any payments received by Lessor under any -------------------- of the provisions of this Lease during the existence or continuance of any Event of Default shall be applied to Lessee’s 's obligations in the order that Lessor may determine or as may be prescribed by the laws of the State.
Appears in 2 contracts
Samples: Hotel Lease Agreement (Apple Suites Inc), Lease Agreement (Boston Properties Inc)
Application of Funds. Any payments received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default shall be applied to Lessee’s obligations in the order that which Lessor may determine or as may be prescribed by the laws of the StateState of New York.
Appears in 2 contracts
Samples: Master Lease Agreement (Assisted Living Concepts Inc), Master Lease Agreement (Assisted Living Concepts Inc)
Application of Funds. Any payments otherwise payable to Lessee which are received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default shall be applied to Lessee’s obligations in the order that which Lessor may determine or as may be prescribed by the laws of the Statereasonably determine.
Appears in 2 contracts
Samples: Master Lease Agreement (MPT Operating Partnership, L.P.), Lease Agreement (Medical Properties Trust Inc)
Application of Funds. Any payments received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default shall be applied to Lessee’s obligations in the order that which Lessor may determine or as may be prescribed by the laws of the State.
Appears in 2 contracts
Samples: Master Lease (Capital Senior Living Corp), Lease (Capital Senior Living Corp)
Application of Funds. Any payments received by Lessor under any of --------------------- the provisions of this Lease during the existence or continuance of any Event of Default shall be applied to Lessee’s 's obligations in the order that Lessor may determine or as may be prescribed by the laws of the State.
Appears in 2 contracts
Samples: Hotel Lease Agreement (Apple Suites Inc), Master Hotel Lease Agreement (Apple Hospitality Two Inc)
Application of Funds. Any payments received by Lessor -------------------- under any of the provisions of this Lease during the existence or continuance of any Event of Default (and such payment is made to Lessor rather than Tenant due to the existence of an Event of Default) shall be applied to Lessee’s Tenant's obligations in the order that which Lessor may determine or as may be prescribed by the laws of the StateState where the applicable Leased Property is located.
Appears in 2 contracts
Samples: Master Lease Agreement (Ventas Inc), Master Lease Agreement (Vencor Healthcare Inc)
Application of Funds. Any payments received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default shall be applied to Lessee’s Xxxxxx's obligations in the order that which Lessor may determine or as may be prescribed by the laws of the Statelaw.
Appears in 2 contracts
Samples: Master Lease (Omega Healthcare Investors Inc), Master Lease (Omega Healthcare Investors Inc)
Application of Funds. Any payments received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default shall be applied to LesseeLxxxxx’s obligations in the order that Lessor may determine determines in its sole discretion or as may be prescribed by the laws of the Statelaw.
Appears in 2 contracts
Samples: Operations Transfer Agreement (Omega Healthcare Investors Inc), Master Lease (Omega Healthcare Investors Inc)
Application of Funds. Any payments otherwise payable by Lessee which are received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default shall be applied to Lessee’s obligations in the order that which Lessor may determine or as may be prescribed by the laws of the Statereasonably determine.
Appears in 2 contracts
Samples: Master Lease Agreement (MPT Operating Partnership, L.P.), Master Lease Agreement (MPT Operating Partnership, L.P.)
Application of Funds. Any payments received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default shall be applied to Lessee’s 's obligations in the order that Lessor may determine such obligations are due or as may be prescribed by the laws of the State.
Appears in 2 contracts
Samples: Master Lease Agreement (Humphrey Hospitality Trust Inc), Master Lease Agreement (Humphrey Hospitality Trust Inc)
Application of Funds. Any payments received by Lessor under any of -------------------- the provisions of this Lease during the existence or continuance of any Event of Default shall be applied to Lessee’s 's obligations in the order that Lessor may determine such obligations are due or as may be prescribed by the laws of the State.
Appears in 2 contracts
Samples: Master Lease Agreement (Humphrey Hospitality Trust Inc), Lease Agreement (Humphrey Hospitality Trust Inc)
Application of Funds. Any payments received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default shall be applied to Lessee’s 's obligations in the order that Lessor may determine or as may be prescribed by the laws of the StateState of California.
Appears in 1 contract
Samples: Lease Agreement (Crescent Real Estate Equities Inc)
Application of Funds. Any payments received by Lessee from or on behalf of Lessor under any of the provisions of this Lease Agreement during the existence or continuance of any Event of Default by Lessor shall be applied to LesseeLessor’s current and past due obligations under this Agreement in the such order that Lessor as Lessee may determine or as may be prescribed by the laws of the State, subject, however, in all events to the terms and provisions of any First Mortgage Loan Documents.
Appears in 1 contract
Samples: Personal Property Lease Agreement (CNL Income Properties Inc)
Application of Funds. Any payments received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default shall be applied to Lessee’s 's obligations in the order that Lessor may determine or as may be prescribed by the laws of the StateState of Texas.
Appears in 1 contract
Application of Funds. Any Subject to Lessee's first right, if any, to designate the application of funds, any payments received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default shall be applied to Lessee’s 's obligations in the order that Lessor may determine or as may be prescribed by the laws of the State.
Appears in 1 contract
Application of Funds. Any payments received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default (and any payment made to Lessor rather than Lessee due to the existence of an Event of Default) shall be applied to Lessee’s obligations in the such order that as Lessor may determine or as may be or, if prescribed by the laws of the State, in accordance with such laws subject to preservation of any rights or disputes Lessee may have with respect to the sums to which the payment is applied.
Appears in 1 contract
Samples: Lease Agreement (National American University Holdings, Inc.)
Application of Funds. Any payments received by Operating Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default shall be applied to Operating Lessee’s 's obligations in the order that Operating Lessor may determine or as may be prescribed by the laws of the State.
Appears in 1 contract
Application of Funds. Any payments received by Lessor under any of the provisions of this Master Lease Document during the existence or continuance of any Event of Default shall be applied to Lessee’s obligations in the order that Lessor may determine or as may be prescribed by the laws of the State.
Appears in 1 contract
Samples: Master Lease Document General Terms And (Universal Health Realty Income Trust)
Application of Funds. Any payments otherwise payable by or to Lessee which are received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default shall be applied to Lessee’s obligations in the order that which Lessor may determine or as may be prescribed by the laws of the Statereasonably determine.
Appears in 1 contract
Samples: Master Lease Agreement (MPT Operating Partnership, L.P.)
Application of Funds. Any payments otherwise payable to the Lessee which are received by the Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Lease Default shall be applied to Lessee’s the Lease obligations in the order that which the Lessor may reasonably determine or as may be prescribed required by the laws of the State.
Appears in 1 contract
Application of Funds. Any payments received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default (and such payment is made to Lessor rather than Lessee due to the existence of an Event of Default) shall be applied to Lessee’s 's obligations in the order that which Lessor may determine or as may be prescribed by the laws of the StateState of California.
Appears in 1 contract
Application of Funds. Any All payments otherwise payable to Lessee which ---------------------- are received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default shall be applied to Lessee’s 's obligations in the order that which Lessor may reasonably determine or as may be prescribed by the laws of the State.state in which the Facility is located. 57.1
Appears in 1 contract
Samples: Lease Agreement (Emeritus Corp\wa\)
Application of Funds. Any payments received by Lessor under any of the -------------------- provisions of this Lease during the existence or continuance of any Event of Default shall be applied to Lessee’s 's obligations in the order that Lessor may determine determines in its sole discretion or as may be prescribed by the laws of the State.law. 16.6
Appears in 1 contract
Application of Funds. Any payments received by Lessor under any of the provisions of o f this Lease during the existence or continuance of any Event of Default shall be applied to Lessee’s 's obligations in the order that Lessor may determine or as may be prescribed by the laws of the State.
Appears in 1 contract
Application of Funds. Any payments received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default shall be applied to Lessee’s obligations in the order that which Lessor may determine or as may be prescribed by the laws of the State.. 16.8
Appears in 1 contract
Samples: Master Lease Agreement
Application of Funds. Any payments received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default (and any payment made to Lessor rather than Lessee due to the existence of an Event of Default, shall be applied to Lessee’s 's obligations in the order that which Lessor may determine or as may be prescribed by the laws of the State.
Appears in 1 contract
Application of Funds. Any payments received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default shall be applied to Lessee’s obligations in the order that Lessor may determine determines in its sole discretion or as may be prescribed by the laws of the Statelaw.
Appears in 1 contract
Application of Funds. Any payments otherwise payable to Lessee which are received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Leas Default shall be applied to Lessee’s obligations the Lease Obligations in the order that which Lessor may reasonably determine or as may be prescribed required by the laws of the State.
Appears in 1 contract
Application of Funds. Any payments received by Lessor under any -------------------- of the provisions of this Lease during the existence or continuance of any Event of Default (and such payment is made to Lessor rather than Lessee due to the existence of an Event of Default) shall be applied to Lessee’s 's obligations in the order that which Lessor may determine or as may be prescribed by the laws of the State.
Appears in 1 contract
Samples: Kindred Healthcare Inc
Application of Funds. Any payments received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default (and any such payments made to Lessor rather than Lessees due to the existence of an Event of Default) shall be applied to Lessee’s Lessees' obligations in the order that which Lessor may determine or as may be prescribed by the applicable laws of the Statestates in which the Facilities are located.
Appears in 1 contract
Application of Funds. Any payments received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default shall be applied to Lessee’s obligations in the order that which Lessor may determine or as may be prescribed by the laws of the Statelaw.
Appears in 1 contract
Application of Funds. Any payments received by Lessor under -------------------- any of the provisions of this Lease during the existence or continuance of any Event of Default shall be applied to Lessee’s 's obligations in the order that Lessor may determine or as may be prescribed by the laws of the State.
Appears in 1 contract
Samples: Lease Agreement (American General Hospitality Corp)
Application of Funds. Any payments otherwise payable by Lessee which are received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default shall be applied based on the obligations to Lessee’s which the Lessee made the payments. If the Lessor is unable to determine to which obligations the Lessee intended to make the payments, the Lessor may apply the payments to the obligations in the order that which Lessor may determine or as may be prescribed by the laws of the Statereasonably determine.
Appears in 1 contract
Samples: Master Lease Agreement (MPT Operating Partnership, L.P.)
Application of Funds. Any payments otherwise payable to Lessee which are received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default shall be applied to Lessee’s obligations in the order that which Lessor may reasonably determine or as may be prescribed by the laws of the Statestate in which the Facility is located.
Appears in 1 contract
Samples: Lease Agreement
Application of Funds. Any payments otherwise payable to Lessee which are received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default shall be applied to Lessee’s obligations 's Obligations in the order that which Lessor may reasonably determine or as may be prescribed required by the laws of the State.
Appears in 1 contract
Application of Funds. Any payments received by Lessor under any of the provisions of this Master Lease during the existence or continuance of any Event of Default shall be applied to Lessee’s 's obligations in the order that Lessor may determine or as may be prescribed by the laws of the State.
Appears in 1 contract
Application of Funds. Any payments received by Lessor under any of the provisions of this Lease during the existence or continuance of any Event of Default (and any payment made to Lessor rather than Lessee due to the existence of an Event of Default) shall be applied to Lessee’s obligations in the such order that as Lessor may determine or as may be or, if prescribed by the laws of the State, in accordance with such laws.
Appears in 1 contract
Samples: Lease Agreement (Inamed Corp)