Collection of Rents and Other Receipts. The Agent will collect, when due, all rents, charges and other amounts receivable for the Owner's account in connection with the management and operation of the Project. Such receipts will be deposited in an account, separate from all other accounts and funds, with a bank whose deposits are insured by the Federal Deposit Insurance Corporation. This account will be carried in the Owner's name and designated of record as "Xxxxx Realty Fund, Ltd.-III dba ___________ Apartments" (the "Project Rental Account"). Subject to compliance with Section 11 hereof, the Agent is, however, hereby authorized to make deposits to and withdrawals from the Project Rental Account as agent for the Owner.
Collection of Rents and Other Receipts. 3.1 AGENT'S AUTHORITY Agent shall collect (and give receipts for, if necessary) all rents, charges and other amounts receivable on Owner's account in connection with the management and operation of the Premises. Such receipts (except tenants' security deposits and advance rentals, which shall be handled as specified in paragraphs 2.2 and 3.3 hereof; and special charges, which shall be handled as specified in paragraph 3.2 hereof) shall be deposited in the Operating (and/or) Reserve Account(s) maintained by Agent for the Premises.
Collection of Rents and Other Receipts. The Agent will collect and deposit rents in accordance with the terms of each lease or rental agreement. All funds collected by the Agent shall be deposited by the Agent promptly in a bank account of the Agent in an institution whose deposits are insured by an agency of the United States of America; this account shall be used exclusively by the Agent for funds of Owners Management Account #100-000-000.
Collection of Rents and Other Receipts. The Agent will collect, when due, all rents, charges and other amounts receivable for the Owner's account in connection with the management and operation of the Shopping Center. Such receipts will be deposited in an account, separate from all other accounts and funds, with a bank whose deposits are insured by the Federal Deposit Insurance Corporation. This account will be carried in the Owner's name and designated of record as "CORAL PLAZA SHOPPING CENTER" (the "Shopping Center Rental Center Account"). Subject to compliance with Section 11 hereof, the Agent is, however, hereby authorized to make deposits to and withdrawals from the Shopping Center Rental Account as agent for the Owner.
Collection of Rents and Other Receipts. Manager shall collect, when due, all rents, charges and other amounts receivable on Owner’s account in connection with the management and operation of the Project and place such funds in the Project operating account (the “Operating Account”) for disbursement in accordance with Section 3.08. Manager shall also collect security deposits and place the same in a separate Project account (the "Security Deposit Account"). Funds in the Security Deposit Account shall be retained and disbursed in accordance with Section 3.08.
Collection of Rents and Other Receipts. (A) Broker's Authority. Broker shall collect all rents, charges and other amounts receivable on Owner’s account in connection with the management and operation of the Property. Such funds shall be deposited in the Trust Account maintained by Broker for the Property.
Collection of Rents and Other Receipts. The Agent will collect, when due, all rents, charges and other amounts receivable for the Owner's account in connection with the management and operation of the Project. Such receipts will be deposited in an account, separate from all other accounts and funds, with a bank whose deposits are insured by the Federal Deposit Insurance Corporation. This account will be carried in the Owner's name and designated of record as Xxxxx Cash Plus-II Limited Partnership dba "XXXXXXXXXX XXXX APARTMENTS" (the "Project Rental Account"). Subject to compliance with Section 11 hereof, the Agent is, however, hereby authorized to make deposits to and withdrawals from the Project Rental Account as agent for the Owner.
Collection of Rents and Other Receipts. 2.05. Property Manager shall collect all rents, charges, and other amounts receivable in connection with the management and operation of the Premises.
Collection of Rents and Other Receipts. Agent shall collect when due all rents, charges, and other amounts receivable in connection with the management and operation of the Development. Such receipts shall be deposited in the General Operating Account.
Collection of Rents and Other Receipts. Property Managers will collect when due all rents, charges and other amounts receivables on CMHA’s account in connection with the management and operation of the Properties. Such receipts, except for tenant security deposits, which will be handled as specified in Section 7 above, will be deposited in an account, separate from all other accounts and funds, with a bank or other financial institution whose deposits are insured by an agency of the United States Government. This account will be carried in Property Manager’s name and designated of record as “CMHA Scattered Sites – General Operating Account.”
