Control Fee. VBH will pay to Owner, with respect to each Property, a monthly control fee (the “Control Fee”) without demand, deduction, or offset (except as specifically provided to the contrary in this Agreement) in an amount equal to the monthly Control Fee set forth next to such Property on Exhibit A attached hereto. The Control Fee is due and payable on or before the last day of each month during the term of this Agreement. If the Commencement Date is not the first day of a month, the Control Fee payment for the first month will be prorated based on a thirty-day (30) period. Owner may later designate, in writing, another person or place to which VBH must remit amounts due under this Agreement. Acceptable forms of payment of Control Fee include wire transfer, interbank transfer, ACH, business check, money order, or cashier’s check. VBH’s failure to pay the first month’s Control Fee in accordance with the terms of this Agreement is a default of this Agreement. Owner will apply all moneys received from VBH first to any non-Control Fee obligations of VBH.
Control Fee. VBC will pay with respect to each Property a monthly control fee (as applicable, the “Control Fee”) in advance and without demand, deduction, or offset (except as specifically provided to the contrary in this Agreement) in the amount of the monthly Control Fee set forth next to such Property on Exhibit A attached hereto. The Control Fee is due and payable on or before the first day of each month during the term of this Agreement. If the Commencement Date is not the first day of a month, the Control Fee payment remitted on the Commencement Date will be prorated based on a 30-day period. VBH may later designate, in writing, another person or place to which VBC must remit amounts due under this Agreement. Acceptable forms of payment of Control Fee include wire transfer, interbank transfer, ACH, business check, money order, or cashier’s check. VBC’s failure to pay the first month’s Control Fee in accordance with the terms of this Agreement is a default of this Agreement. VBH will apply all moneys received from VBC first to any non-Control Fee obligations of VBC.
Control Fee. VBH will pay with respect to each Property a monthly control fee (the “Control Fee”) without demand, deduction, or offset (except as specifically provided to the contrary in this Agreement) in an amount equal to the monthly Control Fee set forth next to such Property on Exhibit A attached hereto. The Control Fee is due and payable on or before the last day of each month during the term of this Agreement. If the Commencement Date is not the first day of a month, the Control Fee payment for the first month will be prorated based on a 30-day period. Owner may later designate, in writing, another person or place to which VBH must remit amounts due under this Agreement. Acceptable forms of payment of Control Fee include wire transfer, interbank transfer, ACH, business check, money order, or cashier’s check. VBH’s failure to pay the first month’s Control Fee in accordance with the terms of this Agreement is a default of this Agreement. Owner will apply all moneys received from VBH first to any non-Control Fee obligations of VBH.
Control Fee. VBH will pay Control Fee in advance and without demand, deduction, or offset (except as specifically provided to the contrary in this Agreement) in equal monthly payments of in the amount set forth on Exhibit A attached hereto (the “Control Fee”) on or before the first day of each month and continuing until VBH has paid the total amount. If the Commencement Date is not the first day of a month, the Control Fee payment remitted on the Commencement Date will be prorated based on a 30-day period. Owner may later designate, in writing, another person or place to which VBH must remit amounts due under this Agreement. Acceptable forms of payment of Control Fee include wire transfer, interbank transfer, ACH, business check, money order, or cashier’s check. VBH’s failure to pay the first month’s Control Fee in accordance with the terms of this Agreement is a default of this Agreement. Owner will apply all moneys received from VBH first to any non-Control Fee obligations of VBH.
Control Fee. VBC will pay the Control Fee in advance and without demand, deduction, or offset (except as specifically provided to the contrary in this Agreement) in equal monthly payments of in the amount set forth on Exhibit A attached hereto (the “Control Fee”) on or before the first day of each month and continuing until VBC has paid the total amount. If the Commencement Date is not the first day of a month, the Control Fee payment remitted on the Commencement Date will be prorated based on a 30-day period. VBH may later designate, in writing, another person or place to which VBC must remit amounts due under this Agreement. Acceptable forms of payment of Control Fee include wire transfer, interbank transfer, ACH, business check, money order, or cashier’s check. VBC’s failure to pay the first month’s Control Fee in accordance with the terms of this Agreement is a default of this Agreement. VBH will apply all moneys received from VBC first to any non-Control Fee obligations of VBC.
