Common use of Order of Priority of Funds in Cash Management Account Clause in Contracts

Order of Priority of Funds in Cash Management Account. Unless otherwise directed by Lender during the continuance of an Event of Default pursuant to Section 2.6.4, on each Payment Date during the Term, Collections on deposit in the Cash Management Account (less any fees and expenses of the Cash Management Account Bank then due and payable) on such day shall be applied on such Payment Date in the following order of priority:

Order of Priority of Funds in Cash Management Account. Unless otherwise directed by Lender during the continuance of an Event of Default pursuant to Section 2.6.42.7.3, on each Payment Date during the Term, Collections on deposit in the Cash Management Account (less any fees and expenses of the Cash Management Account Bank then due and payable) on such day shall be applied on such Payment Date in the following order of priority:

Order of Priority of Funds in Cash Management Account. Unless otherwise directed by Lender during the continuance of an Event of Default pursuant to Section 2.6.4, on each Payment Date during the Term2.7.3, Collections on deposit in the Cash Management Account (less any fees and expenses of the Cash Management Account Bank then due and payable) on such day shall be applied on such Payment Date in the following order of priority:

Order of Priority of Funds in Cash Management Account. Unless otherwise directed by Lender On each Monthly Payment Date during the Term, except during the continuance of an Event of Default pursuant to Section 2.6.4, on each Payment Date during the TermDefault, Collections on deposit in the Cash Management Account (less any fees and expenses of the Cash Management Account Bank then due and payable) on such day (other than Advance Rent, which shall not be deemed available for disbursement until, and shall be disbursed on, the Monthly Payment Date specified in the Advance Rent Notice), which shall be applied on such Monthly Payment Date in the following order of priority:

Order of Priority of Funds in Cash Management Account. Unless otherwise directed by Lender On each Payment Date during the Term, except during the continuance of an Event of Default pursuant to Section 2.6.4, on each Payment Date during the TermDefault, Collections on deposit in the Cash Management Account (less any fees and expenses of the Cash Management Account Bank then due and payable) on such day shall be applied on such Payment Date in the following order of priority:

Order of Priority of Funds in Cash Management Account. Unless otherwise directed by Lender during the continuance of an Event of Default pursuant to Section 2.6.42.7.3, on each Payment Date during the Term, Collections on deposit in received during the Cash Management Account related Collection Period (less any fees and expenses of the Cash Management Account Bank then due and payable) on such day shall be applied on such Payment Date in the following order of priority:

Order of Priority of Funds in Cash Management Account. Unless otherwise directed by Lender On each Monthly Payment Date during the Term, except during the continuance of an Event of Default pursuant to Section 2.6.4Default, on each Payment Date during the Term, identified and available Collections on deposit in the Cash Management Account (less any fees and expenses of the Cash Management Account Bank then due and payable) on such day shall be applied on such Monthly Payment Date in the following order of prioritypriority for amounts calculated through and including the last day of the related Interest Period: