Common use of Collection of Rents and Other Income Clause in Contracts

Collection of Rents and Other Income. The Property Manager shall xxxx all tenants and shall use its commercially reasonable efforts to collect all rent and other charges due and payable from any tenant or from others for services provided in connection with the Project. The Property Manager shall deposit all monies so collected in the Operating Account (as defined in Section 6. 1). The Property Manager shall allocate all income, revenue and expense from the Project to the Tenants in Common as set forth in the Tenants in Common Agreement.

Appears in 2 contracts

Samples: Property and Asset Management Agreement (Behringer Harvard Reit I Inc), Property and Asset Management Agreement (Behringer Harvard Reit I Inc)

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Collection of Rents and Other Income. The Property Manager shall xxxx all tenants and shall use its commercially reasonable efforts to collect all rent and other charges due and payable from any tenant or from others for services provided in connection with the Project. The Property Manager shall deposit all monies so collected in the Operating Account (as defined in Section 6. 1)Account. The Property Manager shall allocate all income, revenue and expense from the Project to the Tenants in Common as set forth in the Tenants in Common Agreement.

Appears in 1 contract

Samples: Property and Asset Management Agreement (Behringer Harvard Reit I Inc)

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Collection of Rents and Other Income. The Property Manager shall xxxx all al tenants and shall use its commercially reasonable efforts to collect all rent and other charges due and payable from any tenant or from others for services provided in connection with the Project. The Property Manager shall deposit all monies so collected in the Operating Account (as defined in Section 6. 1)Account. The Property Manager shall allocate all income, revenue and expense from the Project to the Tenants in Common as set forth in the Tenants in Common Agreement.

Appears in 1 contract

Samples: Property Management Agreement (Behringer Harvard Reit I Inc)

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