Common use of Collections by Lead Lender Clause in Contracts

Collections by Lead Lender. (a) Lead Lender shall have the right to collect from Borrower all installments of principal and interest due and owing on the Loan, together with fees, premiums and any and all other amounts due on or in connection with the Loan, as more fully set forth in the Note and other Loan Documents. (b) Lead Lender agrees that all amounts received by it from or on behalf of Borrower in connection with the payment of interest, principal or other amounts due under the Note and other Loan Documents shall be held by Lead Lender on behalf of itself and Participant for disbursement in accordance with this Participation Agreement.