Monies Collected. The Manager shall collect all rent and other monies from tenants and any sums otherwise due to the Owner with respect to the Properties in the ordinary course of business. In collecting such monies, the Manager shall inform tenants of the Properties that all remittances are to be in the form of a check or money order. The Owner authorizes the Manager to request, demand, collect and provide receipts for all such rent and other monies and to institute legal proceedings in the name of the Owner for the collection thereof and for the dispossession of any tenant in default under its lease.
Monies Collected. Manager shall collect all rent and other monies from tenants and any sums otherwise due Owner with respect to the Owner in the ordinary course of business. In collecting such monies, Manager shall inform tenants of the Owner that all remittances are to be in the form of a check, wire transfer or money order. Owner authorizes Manager to request, demand, collect and receipt for all such rent and other monies and to institute legal proceedings in the name of Owner for the collection thereof and for the dispossession of any tenant in default under its Lease. Manager shall not, however, compromise with any tenant or waive Owner’s rights under any Lease without Owner’s consent.
Monies Collected. Manager shall, in accordance with any applicable loan requirements or other Controlling Agreement, use diligent efforts to collect all rent and other monies from tenants of the Properties and any sums otherwise due the Properties with respect to Owner in the ordinary course of business including, but not limited to, tenants’ payments for real estate taxes, insurance, damages and repairs, and common area maintenance, and shall deposit such monies in the Account (as defined below). In collecting such monies, Manager shall inform Owner’s tenants that all remittances are to be in the form of a check, wire transfer, money order, automatic payments or other forms approved by Owner. Owner authorizes Manager to request, demand and collect all such rent and other monies due and, at Owner’s request, to institute legal proceedings in the name of Owner and at Owner’s expense for the collection thereof and for the dispossession of any tenant in default under its Lease. Manager shall not compromise with any tenant or waive Owner’s rights under any Lease without Owner’s prior written consent. Nothing in this Agreement shall be construed as a guarantee of payment or collection by Manager of rent or other monies due from tenants of the Properties.
Monies Collected. Manager will collect all rent and other monies from tenants and any sums otherwise due Owner or Owner JV with respect to the Properties in the ordinary course of business in accordance with the terms and conditions of all leases and other agreements for the use and occupancy of the Properties, including any other charges that may become due at any time from any tenant or from others for services provided in connection with the use and occupancy of the Properties. In collecting such monies, Manager will inform tenants of the Properties that all remittances are to be in the form of a check, money order or wire transfer. Owner authorizes Manager to request, demand, collect and receipt for all such rent and other monies and to institute legal proceedings in the name of Owner or Owner JV for the collection thereof and for the dispossession of any tenant in default under its Lease. All monies so collected shall be deposited in an Account (as defined in Section 2.4.K(1)). Manager shall not write-off any income items without the prior approval of Owner.
Monies Collected. To the extent any payments of trade accounts receivable, credit card receipts or other monies that are for the account of Sellers are received by any Purchaser, such Purchaser shall, within three (3) Business Days of receipt thereof, advance to Sellers the amount of any such payments together with any documentation received by such Purchaser in connection therewith. To the extent any payments of trade accounts receivable, credit card receipts, or other monies that are for the account of Purchasers are received by a Seller, such Seller shall, within three (3) Business Days of receipt thereof, advance to Purchasers the amount of any such payments together with any documentation received by such Seller in connection therewith.
Monies Collected. Third Party Manager shall collect all rent and other monies from tenants and any sums otherwise due Manager with respect to the Properties in the ordinary course of business. In collecting such monies, Third Party Manager shall inform tenants of the Properties that all remittances are to be in the form of a check or money order. Manager authorizes Third Party Manager to request, demand, collect and receipt for all such rent and other monies and to institute legal proceedings in the name of Manager for the collection thereof and for the dispossession of any tenant in default under its Lease.
Monies Collected. Manager will collect all rent and other monies from tenants and any sums otherwise due Owner or Owner JV with respect to the Xxxxx' Managed Properties in the ordinary course of business in accordance with the terms and conditions of all leases and other agreements for the use and occupancy of the Xxxxx' Managed Properties, including any other charges that may become due at any time from any tenant or from others for services provided in connection with the use and occupancy of the Xxxxx' Managed Properties. In collecting such monies, Manager will inform tenants of the Xxxxx' Managed Properties that all remittances are to be in the form of a check, money order or wire transfer. Owner authorizes Manager to request, demand, collect and receipt for all such rent and other monies and to institute legal proceedings in the name of Owner or Owner JV for the collection thereof and for the dispossession of any tenant in default under its Lease. All monies so collected shall be deposited in an Account (as defined in Section 2.5.K(1)). Manager shall not write-off any income items without the prior approval of Owner.
Monies Collected. Property Manager shall collect all rent and other monies from tenants and any sums otherwise due Owner with respect to the Properties in the ordinary course of business. In collecting such monies, Property Manager shall inform tenants of the Properties that all remittances are to be in the form of a check, money order or bank wire. Owner authorizes Property Manager to request, demand, collect and take receipt for all such rent and other monies and to institute legal proceedings in the name of Owner for the collection thereof and for the dispossession of any tenant in default under its Lease. All such monies shall promptly be deposited in an account designated by the Operating Company.
Monies Collected. Manager shall, in accordance with any applicable loan requirements, Leases, or other Controlling Agreement, use diligent efforts to collect all rent and other monies from tenants of the Multi-Tenant Properties and any sums otherwise due to Owner with respect to the Multi-Tenant Properties in the ordinary course of business including, but not limited to (where applicable), tenants’ payments for real estate taxes, insurance, damages and repairs, and common area maintenance, and shall deposit such monies in the Account (as defined below) when required by the Controlling Agreement which requires a separate Account otherwise to an account of the Owner. In collecting such monies, Manager shall inform Owner’s tenants that all remittances are to be in the form of a check, wire transfer, money order, automatic payments or other forms approved by Owner. Owner authorizes Manager to request, demand and collect all such rent and other monies due and, at Owner’s request, to institute legal proceedings in the name of Owner and at Owner’s expense for the collection thereof and for the dispossession of any tenant in default under its Lease. Manager shall not compromise with any tenant or waive Owner’s rights under any Lease without Owner’s prior written consent. Nothing in this Agreement shall be construed as a guarantee of payment or collection by Manager of rent or other monies due from tenants of the Multi-Tenant Properties.
Monies Collected. Subcontractor shall use commercially reasonable efforts to collect all rent and other monies due from tenants of the Property and any sums otherwise due Owner with respect to the Property in the ordinary course of business. Subcontractor is authorized to request, demand, collect and provide receipt for all such rent and other monies and to institute legal proceedings in the name of Owner for the collection thereof and for the dispossession of any tenant in default under its Lease. Subcontractor shall deliver all such funds and monies to Manager, or to such other party or into such account as shall be directed in writing by Manager, promptly upon receipt thereof.
