Common use of Monies Collected Clause in Contracts

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.

Appears in 35 contracts

Samples: Property Management and Leasing Agreement (American Realty Capital New York City REIT, Inc.), Property Management and Leasing Agreement (Healthcare Trust, Inc.), Property Management and Leasing Agreement (American Finance Trust, Inc)

AutoNDA by SimpleDocs

Monies Collected. The Manager shall timely collect all rent and other monies monies, in the form of a check or money order, 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 receipt 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 leaseLease.

Appears in 28 contracts

Samples: Property Management and Leasing Agreement (Behringer Harvard Opportunity REIT I, Inc.), Property Management and Leasing Agreement (Behringer Harvard Opportunity REIT I, Inc.), Property Management and Leasing Agreement (Behringer Harvard Opportunity REIT II, Inc.)

Monies Collected. The Manager shall timely collect all rent and other monies monies, in the form of a check or money order, 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 leaseLease.

Appears in 10 contracts

Samples: Property Management and Leasing Agreement (Carter Validus Mission Critical REIT, Inc.), Property Management and Leasing Agreement (Cole Credit Property Trust III, Inc.), Property Management and Leasing Agreement (Cole Credit Property Trust III, Inc.)

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 receipt 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.

Appears in 10 contracts

Samples: Management Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.), Management Agreement (American Realty Capital Trust, Inc.), Management Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.)

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 receipt 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 leaseLease.

Appears in 8 contracts

Samples: Property Management, Leasing and Asset Management Agreement, Asset/Property Management Agreement, Property Management, Leasing and Asset Management Agreement (Wells Real Estate Investment Trust Ii Inc)

AutoNDA by SimpleDocs

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 Property in the ordinary course of business. In collecting such monies, the Manager shall inform tenants of the Properties Property 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.

Appears in 4 contracts

Samples: Property Management & Leasing Agreement (Healthcare Trust, Inc.), Property Management and Leasing Agreement (Healthcare Trust, Inc.), Property Management and Leasing Agreement (American Finance Trust, Inc)

Monies Collected. The Manager shall timely collect all rent and other monies monies, in the form of a check or money order, 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 receipt for all such the 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 leaseLease.

Appears in 4 contracts

Samples: Property Management & Real Estate (Behringer Harvard REIT II, Inc.), Property Management & Real Estate (Behringer Harvard REIT II, Inc.), Property Management & Real Estate (Behringer Harvard REIT II, Inc.)

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 receipt 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.

Appears in 2 contracts

Samples: Property Management and Leasing Agreement (Wells Real Estate Investment Trust Inc), Property Management & Leasing Agreement (Wells Real Estate Fund Xiii L P)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!