Common use of Application of Sums Clause in Contracts

Application of Sums. The application of any sums by whomsoever paid or however realized to any amounts owing by Guarantor or Borrower to Lender in such manner as Lender shall determine in its sole discretion, subject to, and otherwise in accordance with, the terms of the Loan Agreement and the other Loan Documents.

Appears in 8 contracts

Samples: Guaranty (Parkway, Inc.), Non Recourse Carveout Guaranty (Brookfield DTLA Fund Office Trust Investor Inc.), Guaranty (Toys R Us Inc)

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Application of Sums. The application of any sums by whomsoever paid or however realized to any amounts owing by Guarantor or Borrower to Lender in such manner as Lender shall determine in its sole discretion, subject to, and otherwise in accordance with, the terms of the Loan Agreement and the other Loan Documents, or the application of any sums by whomsoever paid or however realized to any amounts owing by Guarantor or Property Owner to Mortgage Lender in such manner as Mortgage Lender shall determine in its sole discretion.

Appears in 2 contracts

Samples: Guaranty (New York REIT, Inc.), Guaranty (New York REIT, Inc.)

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