Common use of Depository Agent Clause in Contracts

Depository Agent. All payments due under the terms of this Lease shall be made by Lessee to Xxxxx Fargo Bank, NA, 0000 Xxxx Xxxxx, Xxxxxx, XX 00000, (“Agent”), which Lessor hereby appoints as Lessor’s agent for the receipt of such payments, or to such other organization as Lessor may from time to time designate by written notice to Lessee. All payments made to Agent shall be considered to have been made to Lessor and, upon making payment to such Agent, Lessee shall be relieved of all responsibility or liability for the disbursement thereof In the event that payments should be made to a transferee because of any transfer of Lessor’s interest in this Lease or the Properties, payments tendered to the Agent shall conclusively be deemed payment to such transferee until Lessee receives notice and sufficient documentation from both Agent and Lessor that Lessor’s interest has been transferred and that payments should be made to any such transferee. Documentation of payments shall be sent directly to Lessor.

Depository Agent. All payments due under the terms of this Lease shall be made by Lessee to Xxxxx Fargo Bank, NAN.A., 0000 Xxxx Xxxxx, Xxxxxx, XX 00000, (“Agent”), which Lessor hereby appoints as Lessor’s agent for the receipt of such payments, or to such other organization as Lessor may from time to time designate by written notice given to Lessee. All payments made to such Agent shall be considered to have been made to Lessor andLessor, upon making and having made payment to such Agent, Agent Lessee shall be relieved of all responsibility or liability for the disbursement thereof thereof. In the event that payments should be made to a transferee because of any transfer of Lessor’s interest in this Lease or the Properties, payments tendered to the Lessor’s Agent shall conclusively be deemed payment to such the transferee until Lessee receives notice and sufficient documentation from both the Agent and Lessor that Lessor’s interest has been transferred and that payments should be made to any such the transferee. Documentation of payments shall be sent directly to Lessor.

Depository Agent. All payments due under the terms of this Lease shall be made by Lessee to Xxxxx Fargo Bank, NA, 0000 Xxxx Xxxxx, Xxxxxx, XX 00000, (“Agent”), which Lessor hereby appoints as Lessor’s agent for the receipt of such payments, or to such other organization as Lessor may from time to time designate by written notice to Lessee. All payments made to Agent shall be considered to have been made to Lessor and, upon making payment to such Agent, Lessee shall be relieved of all responsibility or liability for the disbursement thereof thereof. In the event that payments should be made to a transferee because of any transfer of Lessor’s interest in this Lease or the Properties, payments tendered to the Agent shall conclusively be deemed payment to such transferee until Lessee receives notice and sufficient documentation from both Agent and Lessor that Lessor’s interest has been transferred and that payments should be made to any such transferee. Documentation of payments shall be sent directly to Lessor.

Depository Agent. All payments due under the terms of this Lease shall be made by Lessee to Xxxxx Fargo Bank, NA, 0000 Xxxx Xxxxx, Xxxxxx, XX 00000, (“Agent”), which Lessor hereby appoints as Lessor’s agent for the receipt of such payments, or to such other organization as Lessor may from time to time designate by written notice to Lessee. All payments made to Agent shall be considered to have been made to Lessor and, upon making payment to such Agent, Lessee shall be relieved of all responsibility or liability for the disbursement thereof the’ isbursement thereof. In the event that payments should be made to a transferee because of any transfer of Lessor’s interest in this Lease or the Properties, payments tendered to the Agent shall conclusively be deemed payment to such transferee until Lessee receives notice and sufficient documentation from both Agent and Lessor that Lessor’s interest has been transferred and that payments should be made to any such transferee. Documentation of payments shall be sent directly to Lessor.