Common use of Distributions from Cash Management Account Clause in Contracts

Distributions from Cash Management Account. (a) Lender shall transfer from the Cash Management Account to the Distribution Account, at the end of each Business Day (or, at Borrower’s election, on a less frequent basis), the amount, if any, by which amounts then contained in the Cash Management Account exceed the aggregate amount required to be paid to or reserved with Lender on the next Payment Date pursuant hereto (the “Minimum Balance”); provided, however, that Lender shall terminate such remittances during the continuance of an Event of Default or Trigger Period.

Distributions from Cash Management Account. (a) Lender shall transfer from the Cash Management Account to the Distribution Operating Account, at the end of each Business Day (or, at Borrower’s 's election, on a less frequent basis), the amount, if any, by which amounts then contained in the Cash Management Account exceed the aggregate amount required to be paid to or reserved with Lender on the next Payment Date pursuant hereto (the “Minimum "Peg Balance”"); provided, however, that Lender shall terminate such remittances during the continuance of an Event of Default or Trigger Period.

Distributions from Cash Management Account. (a) Lender shall transfer from the Cash Management Account to the Distribution Operating Account, at the end of each Business Day (or, at Borrower’s election, on a less frequent basis), the amount, if any, by which amounts then contained in the Cash Management Account exceed the aggregate amount required to be paid to or reserved with Lender on the next Payment Date pursuant hereto (the “Minimum Balance”); provided, however, that Lender shall terminate such remittances during the continuance of an Event of Default or Trigger Period.

Distributions from Cash Management Account. (a) Lender shall transfer from the Cash Management Account to the Distribution Owner Account, at the end of each Business Day (or, at Borrower’s election, on a less frequent basis), the amount, if any, by which amounts then contained in the Cash Management Account exceed the aggregate amount required to be paid to or reserved with Lender and Mezzanine Lender on the next Payment Date pursuant hereto (the “Minimum Balance”); provided, however, that Lender shall terminate such remittances during the continuance of an Event of Default or Trigger Period.