Assignee Designated Recipient Clause Samples

Assignee Designated Recipient. The Lessor hereby directs the ----------------------------- Lessee to deliver or remit directly to the Assignee at its address set forth in the Master Agreement all Basic Rent, Supplemental Rent, payments pursuant to Articles III, X, XIV and XV of the Lease, purchase proceeds or avails, ------------ - --- -- income, Awards, Loss Proceeds and other sums payable to the Lessor pursuant to the Lease and the other Operative Documents by wire transfer of Federal or other funds current and immediately available to the Assignee on the due date thereof.
Assignee Designated Recipient. Lessor hereby directs Lessee to deliver or remit directly to Assignee at its address set forth in the Participation Agreement the Applicable Percentage Amount, all Basic Rent, all Supplemental Rent, payments pursuant to Articles IV and VI of the Lease, purchase proceeds or avails, income, Loss Proceeds and other sums paid or payable to Lessor pursuant to the Lease by wire transfer of Federal or other funds current and immediately available to Assignee on the due date thereof.