Lender’s Agreement. So long as an Event of Default has not occurred and is continuing, Lender agrees to permit any sums due to Borrower under the Management Agreement to be paid directly to Borrower.
Appears in 2 contracts
Samples: Assignment of Management Agreement and Subordination of Management Fees, Assignment of Management Agreement and Subordination of Management Fees (Bluerock Residential Growth REIT, Inc.)
Lender’s Agreement. So long as an there exists no Event of Default has not occurred and is continuingDefault, 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: Assignment and Subordination of 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 does not exist an Event of Default has not occurred and is continuingunder any of the Loan Documents, Lender agrees to permit any sums due to Borrower under the Management Agreement to be paid directly to Borrower.
Appears in 1 contract
Samples: Conditional Assignment of Management Agreement (Cedar Shopping Centers Inc)
Lender’s Agreement. So long as an no Event of Default has not occurred and is continuing, Lender agrees to permit any sums due from Manager to Borrower under the Management Agreement to be paid directly by Manager to Borrower.
Appears in 1 contract
Samples: Property Management Agreement (Reliance Real Estate Trust, LLC)
Lender’s Agreement. So long as an no Event of Default has not shall have occurred and is remain continuing, Lender agrees to permit any sums due to Borrower under the Management Agreement to be paid directly to Borrower.
Appears in 1 contract
