Common use of Payments By the REIT Clause in Contracts

Payments By the REIT. Following any termination of this Agreement by the REIT or the Manager, the REIT shall pay the following amounts to the Manager (by wire transfer of immediately available funds to such bank account as is designated by the Manager to the REIT in writing) not later than five (5) Business Days after the effective date of such termination:

Appears in 15 contracts

Samples: Management Agreement (Armour Residential REIT, Inc.), Management Agreement (Armour Residential REIT, Inc.), Management Agreement (Armour Residential REIT, Inc.)

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