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

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.

Appears in 3 contracts

Samples: Property Management Agreement (Krupp Realty Fund LTD Iii), Property Management Agreement (Krupp Realty Fund LTD Iii), Property Management Agreement (Krupp Realty Fund LTD Iii)

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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 Limited Partnership-V dba ___________ "Century II 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.

Appears in 1 contract

Samples: Management Agreement (Krupp Realty LTD Partnership V)

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 DOH, Inc. dba "Xxxxx Realty Fund, Ltd.-III dba ___________ ApartmentsHANNIBAL GROVE 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.

Appears in 1 contract

Samples: Management Agreement (Berkshire Income Realty Inc)

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 Xxxxxx Pond Limited Partnership d/b/a "Xxxxx Realty Fund, Ltd.-III dba ___________ Xxxxxx Pond 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.

Appears in 1 contract

Samples: Walden Pond (Berkshire Income Realty Inc)

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 Xxxxxx Pond Limited Partnership dba "Xxxxx Realty Fund, Ltd.-III dba ___________ ApartmentsXXXXXX POND 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.

Appears in 1 contract

Samples: Walden Pond (Berkshire Income Realty Inc)

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 "Xxxxx Realty Fund, Ltd.-III dba ___________ ApartmentsXXXXXXXXXX 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.

Appears in 1 contract

Samples: Management Agreement (Krupp Cash Plus Ii LTD Partnership)

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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 Century III Associates Limited Partnership dba "Xxxxx Realty Fund, Ltd.-III dba ___________ ApartmentsCENTURY II 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.

Appears in 1 contract

Samples: Management Agreement (Berkshire Income Realty Inc)

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 FundDOH, Ltd.-III Inc. dba ___________ Apartments"DORSEY'S FORGE APARTMENTS" (the "Project Rental Account"). Subject to compliance tx xxxxxxance 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.

Appears in 1 contract

Samples: Management Agreement (Berkshire Income Realty Inc)

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 XXXXX REALTY LIMITED PARTNERSHIP-V 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.

Appears in 1 contract

Samples: Property Management Agreement (Krupp Realty LTD Partnership V)

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