Common use of Payments Received Under the Cash Management Agreement Clause in Contracts

Payments Received Under the Cash Management Agreement. Notwithstanding anything to the contrary contained in this Agreement or the other Loan Documents, and provided no Event of Default has occurred and is continuing, following the occurrence of a Trigger Event, Borrower's obligations with respect to the monthly payment of principal and interest and amounts due for the Tax and Insurance Escrow Fund, Required Repair Fund, Replacement Escrow Fund and any other payment reserves established pursuant to this Agreement or any other Loan Document shall be deemed satisfied to the extent sufficient amounts are deposited in the Cash Management Account established pursuant to the Cash Management Agreement to satisfy such obligations on the dates each such payment is required, regardless of whether any of such amounts are so applied by Lender.

Payments Received Under the Cash Management Agreement. Notwithstanding anything to the contrary contained in this Agreement or and the other Loan Documents, and provided no Event of Default has occurred and is continuing, following the occurrence of a Trigger Event, Borrower's Borrowers’ obligations with respect to the monthly payment of principal and interest the Monthly Debt Service Payment Amount and amounts due for the Tax and Insurance Escrow FundFunds, Required Repair FundFunds, Replacement Escrow Fund Reserve Funds, Rollover Reserve Funds, Excess Cash Reserve Funds and any other payment reserves established pursuant to this Agreement or any other Loan Document shall be deemed satisfied to the extent sufficient amounts are deposited in the Cash Management Account established pursuant to the Cash Management Agreement to satisfy such obligations on the dates each such payment is required, regardless of whether any of such amounts are so applied by Lender.

Payments Received Under the Cash Management Agreement. Notwithstanding anything to the contrary contained in this Agreement or the other Loan Documents, and provided no Event of Default has occurred and is continuing, following the occurrence of a Trigger Event, Borrower's obligations with respect to the monthly payment of principal and interest and amounts due for the Tax and Insurance Escrow Fund, Required Repair Fund, Replacement Escrow Fund Fund, and any other payment reserves established pursuant to this Agreement or any other Loan Document shall be deemed satisfied to the extent sufficient amounts are deposited in the Cash Management Account established pursuant to the Cash Management Agreement to satisfy all such obligations on the dates each such payment is required, regardless of whether any of such amounts are so applied by Lender.

Payments Received Under the Cash Management Agreement. Notwithstanding anything to the contrary contained in this Agreement or and the other Loan Documents, and provided no Event of Default has occurred and is continuing, following the occurrence of a Trigger Event, Borrower's obligations with respect to the monthly payment of principal and interest Debt Service and amounts due for the Tax and Insurance Escrow Fund, Required Repair Fund, Replacement Escrow Reserve Fund, Debt Service Reserve Fund and any other payment reserves established pursuant to this Agreement or any other Loan Document shall be deemed satisfied to the extent sufficient amounts are deposited in the Cash Management Account established pursuant to the Cash Management Agreement to satisfy such obligations on the dates each such payment is required, regardless of whether any of such amounts are so applied by Lender.

Payments Received Under the Cash Management Agreement. Notwithstanding anything to the contrary contained in this Agreement or and the other Loan Documents, and provided no Event of Default has occurred and is continuing, following the occurrence of a Trigger Event, Borrower's ’s obligations with respect to the monthly payment of principal and interest the Monthly Debt Service Payment Amount and amounts due for the Tax and Insurance Escrow Fund, Required Repair Fund, Replacement Escrow Fund and any other payment reserves established pursuant to this Agreement or any other Loan Document shall be deemed satisfied to the extent sufficient amounts are deposited in the Cash Management Account established pursuant to the Cash Management Agreement to satisfy such obligations on the dates each such payment is required, regardless of whether any of such amounts are so applied by Lender.

Payments Received Under the Cash Management Agreement. Notwithstanding anything to the contrary contained in this Agreement or the other Loan Documents, and provided no Event of Default has occurred and is continuing, following the occurrence of a Trigger Event, Borrower's obligations with respect to the monthly payment of principal and interest and amounts due for the Tax and Insurance Escrow Fund, Required Repair Replacement Escrow Fund, Replacement Escrow Fund and any other payment reserves established pursuant to this Agreement or any other Loan Document shall be deemed satisfied to the extent sufficient amounts are deposited in the Cash Management Account established pursuant to the Cash Management Agreement to satisfy all such obligations on the dates each such payment is required, regardless of whether any of such amounts are so applied by Lender.

Payments Received Under the Cash Management Agreement. Notwithstanding anything to the contrary contained in this Agreement or and the other Loan Documents, and provided no Event of Default has occurred and is continuing, following the occurrence of a Trigger Event, Borrower's ’s obligations with respect to the monthly payment of principal and interest the Monthly Debt Service Payment Amount and amounts due for the Tax and Insurance Escrow Fund, Required Repair Fund, Replacement Escrow Fund, Rollover Escrow Fund and any other payment reserves established pursuant to this Agreement or any other Loan Document shall be deemed satisfied to the extent sufficient amounts are deposited in the Cash Management Account established pursuant to the Cash Management Agreement to satisfy such obligations on the dates each such payment is required, regardless of whether any of such amounts are so applied by Lender.

Payments Received Under the Cash Management Agreement. Notwithstanding anything to the contrary contained in this Agreement or and the other Loan Documents, and provided no Event of Default has occurred and is continuing, following the occurrence of a Trigger Event, Borrower's ’s obligations with respect to the monthly payment of principal and interest Debt Service and amounts due for the Tax and Insurance Escrow Fund, Required Repair Fund, Landlord Contribution Fund, Replacement Escrow Reserve Fund, Debt Service Reserve Fund and any other payment reserves established pursuant to this Agreement or any other Loan Document shall be deemed satisfied to the extent sufficient amounts are deposited in the Cash Management Account established pursuant to the Cash Management Agreement to satisfy such obligations on the dates each such payment is required, regardless of whether any of such amounts are so applied by Lender.