Disbursements of Monies from Payment Account. (a) Notwithstanding any other provision in this Indenture, but subject to the other subsections of this Section 11.1 and Section 13.1 hereof, on each Payment Date, or Redemption Date the Trustee shall disburse amounts transferred to the Payment Account from the Interest Collection Account and the Principal Collection Account pursuant to Section 10.2 hereof in accordance with the following priorities (the “Priority of Payments”):
Appears in 3 contracts
Samples: Gramercy Real (Gramercy Capital Corp), Cdo Servicing Agreement (Gramercy Capital Corp), Capitalsource Inc
Disbursements of Monies from Payment Account. (a) Notwithstanding any other provision in this Indenture, but subject to the other subsections clauses of this Section 11.1 11 and Section 13.1 hereof13.1, on each Payment Distribution Date, or Redemption Date the Trustee shall disburse amounts transferred to the Payment Account from the Interest Collection Account and the Principal Collection Account Accounts pursuant to Section 10.2 hereof 10.2(f) as follows and for application by the Trustee in accordance with the following priorities (the “Priority of Payments”):
Appears in 2 contracts
Samples: Taberna Realty Finance Trust, Taberna Realty Finance Trust
Disbursements of Monies from Payment Account. (a) Notwithstanding any other provision in this Indenture, but subject to the other subsections clauses of this Section 11.1 11 and Section 13.1 hereof13.1, on each Payment Distribution Date, or Redemption Date the Trustee shall disburse amounts transferred to the Payment Account from the Interest Collection Account and the Principal Collection Account Accounts pursuant to Section 10.2 hereof 10.2(g) as follows and for application by the Trustee in accordance with the following priorities (the “Priority of Payments”):
Appears in 2 contracts
Samples: Taberna Realty Finance Trust, Taberna Realty Finance Trust
Disbursements of Monies from Payment Account. (a) Notwithstanding any other provision in this Indenture, but subject to the other subsections of this Section 11.1 and Section 13.1 hereof, on each Payment Date or Redemption Date, or Redemption Date the Trustee shall disburse amounts transferred to the Payment Account from the Interest Collection Account and the Principal Collection Account pursuant to Section 10.2 hereof in accordance with the following priorities (the “"Priority of Payments”"):
Appears in 2 contracts
Samples: Arbor Realty Trust Inc, Arbor Realty Trust Inc
Disbursements of Monies from Payment Account. (a) Notwithstanding any other provision in this Indentureherein, but subject to the other subsections sub-sections of this Section 11.1 and to Section 13.1 hereof13.1, on each Payment Date, or and on each Redemption Date Date, the Trustee shall disburse amounts transferred from the Collection Account to the Payment Account from the Interest Collection Account and the Principal Collection Account pursuant to Section 10.2 hereof in accordance with the following priorities (the “Priority of Payments”):); provided that, unless an Enforcement Event has occurred and is continuing, (x) amounts transferred from the Interest Collection Account shall be applied solely in accordance with
Appears in 1 contract
Samples: AG Twin Brook Capital Income Fund
Disbursements of Monies from Payment Account. (a) Notwithstanding any other provision in this Indenture, but subject to the other subsections of this Section 11.1 and Section 13.1 hereofSection, on or, with respect to amounts referred to in Section 11.1(d) through (e), before each Payment Date, or Redemption Date the Trustee shall disburse amounts transferred to from the Payment Account from the Interest Collection Account and the Principal Collection Account pursuant to Section 10.2 hereof in accordance with the following priorities (the “Priority of Payments”)::
Appears in 1 contract
Samples: Indenture (Ares Capital Corp)
Disbursements of Monies from Payment Account. (a) Notwithstanding any other provision in this Indenture, but subject to the other subsections Subsections of this Section 11.1 and Section 13.1 hereof, on each Payment Date, or Redemption Date the Trustee shall disburse amounts transferred to the Payment Account from the Interest Collection Account and the Principal Collection Account pursuant to Section 10.2 hereof in accordance with the following priorities (the “Priority of Payments”):
Appears in 1 contract
Disbursements of Monies from Payment Account. (a) Notwithstanding any other provision in this Indenture, but subject to the other subsections of this Section 11.1 and to Section 13.1 hereof13.1, on each Payment Date, or Redemption Date the Trustee shall disburse amounts transferred transferred, if any, from the Collection Account to the Payment Account from the Interest Collection Account and the Principal Collection Account pursuant to Section 10.2 hereof in accordance with the following priorities (the “"Priority of Payments”):").
Appears in 1 contract
Samples: Indenture (JMP Group LLC)
Disbursements of Monies from Payment Account. (a) Notwithstanding any other provision in this Indenture, but subject to the other subsections of this Section 11.1 and Section 13.1 hereof13.1, on each Payment Date, or Redemption Date the Trustee shall disburse amounts transferred to the Payment Account from the Interest Collection Account and the Principal Collection Account pursuant to Section 10.2 hereof and Section 10.3 as follows and for application by the Trustee in accordance with the following priorities (collectively, the “Priority of Payments”):
Appears in 1 contract
Samples: Indenture (FS Energy & Power Fund)
Disbursements of Monies from Payment Account. (a) Notwithstanding any other provision in this Indenture, but subject to the other subsections of this Section 11.1 and to Section 13.1 hereof13.1, on each Payment Date, or Redemption and in accordance with the Valuation Report for the Determination Date immediately preceding such Payment Date, the Trustee shall disburse available amounts transferred to from the Payment Account from as follows and for application by the Interest Collection Account and the Principal Collection Account pursuant to Section 10.2 hereof Trustee in accordance with the following priorities (the “"Priority of Payments”"):
Appears in 1 contract
Samples: Indenture (NewStar Financial, Inc.)
Disbursements of Monies from Payment Account. (a) Notwithstanding any other provision in this IndentureIndenture and as provided in the Notes with respect to the Noteholders, but subject to the other subsections of this Section 11.1 and Section 13.1 hereof, on each Payment Date, or Redemption Date the Trustee shall disburse amounts transferred to the Payment Account from the Interest Collection Account and the Principal Collection Account pursuant to Section 10.2 hereof in accordance with the following priorities (the “Priority of Payments”):
Appears in 1 contract
Samples: Marathon Real Estate Finance, Inc.
Disbursements of Monies from Payment Account. (a) Notwithstanding any other provision in this Indenture, but subject to the other subsections of this Section 11.1 and Section 13.1 hereof13.1, on each Payment Date, or Redemption Date the Trustee shall disburse amounts transferred to the Payment Account from the Interest Collection Account and the Principal Collection Account pursuant to Section 10.2 hereof for application by the Trustee in accordance with the following priorities (the “Priority of Payments”):).
Appears in 1 contract
Samples: Substitution; Hedge Agreement (CBRE Realty Finance Inc)
Disbursements of Monies from Payment Account. (a) Notwithstanding any other provision in this IndentureAgreement, but subject to the other subsections of this Section 11.1 and Section 13.1 hereof9.01, on each Payment Date, or Redemption Date the Trustee shall disburse amounts transferred from the Collection Account to the Payment Account from the Interest Collection Account and the Principal Collection Account pursuant to Section 10.2 hereof 8.02 in accordance with the following priorities (the “Priority of Payments”):), as set forth in the Payment Date Report prepared by the Collateral Servicer.
Appears in 1 contract
Samples: Credit and Security Agreement (NewStar Financial, Inc.)
Disbursements of Monies from Payment Account. (a) Notwithstanding any other provision in this Indenture, but subject to the other subsections of this Section 11.1 and Section 13.1 hereof, on each Payment Date, or Redemption Date the Trustee shall disburse amounts transferred to the Payment Account from the Interest Collection Account and the Principal Collection Account pursuant to Section 10.2 hereof in accordance with the following priorities (the “Priority of Payments”):from
Appears in 1 contract
Samples: Arbor Realty Trust Inc
Disbursements of Monies from Payment Account. (a) Notwithstanding any other provision in this Indenture, but subject to the other subsections of this Section 11.1 and Section 13.1 hereofthe Bankruptcy Subordination Agreement, on each Payment Date, or Redemption Date the Trustee shall disburse amounts transferred transferred, if any, from the Collection Account to the Payment Account from the Interest Collection Account and the Principal Collection Account pursuant to Section 10.2 hereof in accordance with the following priorities (the “Priority of Payments”):priorities.
Appears in 1 contract
Samples: www.rns-pdf.londonstockexchange.com
Disbursements of Monies from Payment Account. (a) Notwithstanding any other provision in this Indenture, but subject to the other subsections of this Section 11.1 and Section 13.1 hereof, on each Payment Date or Redemption Date, or Redemption Date the Trustee shall disburse amounts transferred to the Payment Account from the Interest Collection Account and the Principal Collection Account pursuant to Section 10.2 hereof in accordance with the following priorities (the “Priority of Payments”):
Appears in 1 contract
Samples: Management Agreement and Servicing Agreement (CBRE Realty Finance Inc)