Lender’s Agreement. So long as there exists no Event of Default, the Lender agrees to permit any sums due to the Borrower under the Management Agreement to be paid directly to the Borrower.
Appears in 2 contracts
Samples: Management Agreement (Inland Real Estate Income Trust, Inc.), Assignment and Subordination of Management Agreement (FSP 50 South Tenth Street Corp)
Lender’s Agreement. So long as there exists no an Event of DefaultDefault has not occurred and is continuing, the Lender agrees to permit any sums due to the Borrower under the Management Agreement to be paid directly to the Borrower.
Appears in 2 contracts
Samples: Property Management Agreement, Assignment of Management Agreement (Bluerock Residential Growth REIT, Inc.)
Lender’s Agreement. So long as there exists no Event of DefaultDefault has occurred and is continuing, the Lender agrees to permit any sums due from Manager to the Borrower under the Management Agreement to be paid directly by Manager to the Borrower.
Appears in 1 contract
Samples: Property Management Agreement (Reliance Real Estate Trust, LLC)
Lender’s Agreement. So long as there exists no Event of DefaultDefault shall have occurred and remain continuing, the Lender agrees to permit any sums due to the Borrower under the Management Agreement to be paid directly to the Borrower.
Appears in 1 contract
Samples: Management Agreement (Secured Investment Resources Fund Lp Ii)
Lender’s Agreement. So long as there exists no does not exist an Event of DefaultDefault under any of the Loan Documents, the Lender agrees to permit any sums due to the Borrower under the Management Agreement to be paid directly to the Borrower.
Appears in 1 contract
Samples: Assignment of Management Agreement (Cedar Shopping Centers Inc)
