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, Borrower’s obligations with respect to the payment of the Monthly Debt Service Payment Amount and amounts required to be deposited into any Mezzanine Reserve Funds, if any, shall be deemed satisfied to the extent sufficient amounts are available to be paid to Lender in accordance with the Cash Management Agreement to satisfy such obligations pursuant to this Agreement 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, Borrower’s obligations with respect to the payment of the Monthly Debt Service Payment Amount and amounts required to be deposited into any Mezzanine the Reserve Funds, if any, shall be deemed satisfied to the extent sufficient amounts are available to be paid to Lender deposited in accordance with the Junior Mezzanine Loan Cash Management Agreement Account to satisfy such obligations pursuant to this the Cash Management Agreement 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, Borrower’s 's obligations with respect to the payment of the Monthly monthly Debt Service Payment Amount and amounts required due for the Reserve Funds and any other payment reserves established pursuant to be deposited into this Agreement or any Mezzanine Reserve Funds, if any, other Loan Document shall be deemed satisfied to the extent sufficient amounts are available deposited in the Seventh Mezzanine Deposit Account established pursuant to be paid to Lender in accordance with the Cash Management Agreement to satisfy such obligations pursuant to this Agreement 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, Borrower’s obligations with respect to the payment of the Monthly Debt Service Payment Amount and amounts required to be deposited into any Mezzanine the Reserve Funds, if any, shall be deemed satisfied to the extent sufficient amounts are available to be paid to Lender deposited in accordance with the Senior Mezzanine Loan Cash Management Agreement Account to satisfy such obligations pursuant to this the Cash Management Agreement 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, Borrower’s obligations with respect to the payment of the Monthly monthly Debt Service Payment Amount and amounts required due for the Reserve Funds and any other payment reserves established pursuant to be deposited into this Agreement or any Mezzanine Reserve Funds, if any, other Loan Document shall be deemed satisfied to the extent sufficient amounts are available deposited in the Seventh Mezzanine Deposit Account established pursuant to be paid to Lender in accordance with the Cash Management Agreement to satisfy such obligations pursuant to this Agreement on the dates each such payment is required, regardless of whether any of such amounts are so applied by Lender.