Common use of Monthly Funding of Sub-Accounts Clause in Contracts

Monthly Funding of Sub-Accounts. During each Interest Accrual Period and, except as provided below, during the term of the Loan commencing with the Interest Accrual Period in which the Closing Date occurs (each, the “Current Interest Accrual Period”), Lender shall allocate all funds then on deposit in the Cash Collateral Account among the Sub-Accounts as follows and in the following priority:

Appears in 11 contracts

Samples: Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)

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Monthly Funding of Sub-Accounts. During each Interest Accrual Period and, except as provided below, during the term of the Loan commencing with the Interest Accrual Period in which the Closing Date occurs (each, the "Current Interest Accrual Period"), Lender shall allocate all funds then on deposit in the Cash Collateral Account among the Sub-Accounts as follows and in the following priority:

Appears in 6 contracts

Samples: Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)

Monthly Funding of Sub-Accounts. During each Interest Accrual Period and, except as provided below, during the term of the Loan commencing with the Interest Accrual Period in which the Closing Date occurs (each, the "Current Interest Accrual Period"), Lender shall allocate all funds then on deposit (irrespective of whether such funds were transferred by the Collection Account Bank to the Cash Collateral Account Bank or by Borrower to Lender pursuant to Section 2.8(c)) in the Cash Collateral Account among the Sub-Accounts as follows and in the following priority:

Appears in 3 contracts

Samples: Loan Agreement (Hallwood Realty Partners L P), Loan Agreement (Alternative Living Services Inc), Loan Agreement (Alternative Living Services Inc)

Monthly Funding of Sub-Accounts. During each Interest Accrual Period and, and except as provided below, during the term of the Loan commencing with the Interest Accrual Period in which the Closing Date occurs (each, the "Current Interest Accrual Period"), Lender shall allocate all funds then on deposit in the Cash Collateral Account among the Sub-Accounts as follows and in the following priority:

Appears in 2 contracts

Samples: Loan Agreement (Mark Centers Trust), Loan Agreement (Burnham Pacific Properties Inc)

Monthly Funding of Sub-Accounts. During each Interest Accrual Period and, and except as provided below, during the term of the Loan commencing with the Interest Accrual Period in which the Closing Date occurs (each, the "Current Interest Accrual Period"), Lender shall allocate all funds then on deposit (regardless of whether such funds were transferred by any Collection Account Bank to the Cash Collateral Account Bank or by Borrower to Lender pursuant to Section 2.12(b)) in the Cash Collateral Account among the Sub-Accounts as follows and in the following priority:

Appears in 1 contract

Samples: Loan Agreement (Burnham Pacific Properties Inc)

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Monthly Funding of Sub-Accounts. During each Interest Accrual Period and, except as provided below, during the term of the Loan commencing with the Interest Accrual Period in which the Closing Date occurs (each, the "Current Interest Accrual Period"), Lender shall allocate all funds then on deposit in the Cash Collateral Deposit Account among the Sub-Accounts as follows and in the following priority:

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Ashford Hospitality Trust Inc)

Monthly Funding of Sub-Accounts. During each Interest Accrual Period and, except as provided below, during the term of the Loan commencing with the Interest Accrual Period in which the Closing Date occurs (each, the "Current Interest Accrual Period"), with respect to each Borrower, Lender shall allocate all funds then on deposit in the relevant Cash Collateral Account among the relevant Sub-Accounts as follows and in the following priority:

Appears in 1 contract

Samples: Loan Agreement (Continental Health Affiliates Inc)

Monthly Funding of Sub-Accounts. During each Interest Accrual Period and, except as provided below, during the term of the Loan commencing with at any time following the Interest Accrual occurrence of a Cash Management Period in which the Closing Date occurs (each, the “Current Interest Accrual Period”), Lender shall allocate all funds then on deposit in the Cash Collateral Account among the Sub-Accounts as follows and in the following priority:

Appears in 1 contract

Samples: Loan Agreement (Digital Realty Trust, Inc.)

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