Payments to Owner. Section 4.01 Remittances...................................................29 Section 4.02 Statements to Owner...........................................29 Section 4.03 Monthly Advances by Servicer..................................30 Section 4.04 Due Dates Other Than the First of the Month...................30 ARTICLE V
Payments to Owner. 27 4.01 Remittances.....................................................27 4.02
Payments to Owner. Unless You request otherwise, We will make annuity income payments to You. If You want the annuity income payments to be made to some other Payee, We will make such annuity income payments subject to receipt of a written request signed by You and filed at the Annuity Service Center no later than thirty (30) days before the due date of the first annuity income payment or subsequent annuity income payment. Any such request is subject to the rights of any assignee. No annuity income payments available to or being paid to the Payee while the Annuitant is alive can be transferred, commuted, anticipated or encumbered. The amount of the Owner’s initial monthly payment will be at least equal to the monthly payment produced by the application of an amount equal to the Contract Value of this Contract to purchase any single consideration immediate annuity contract offered by the Company at the same time to the same class of annuitants. We are not currently offering any single premium immediate annuity contracts.
Payments to Owner. Any amount distributed hereunder by the Indenture Trustee to Owner shall be paid to Owner (within the time limits contemplated by Section 2 03(a)) by wire transfer of funds of the type received by the Indenture Trustee at such office and to such account or accounts of such entity or entities as shall be designated by notice from the Owner to the Indenture Trustee from time to time. The Owner hereby notifies the Indenture Trustee that unless and until the Indenture Trustee receives notice to the contrary from the Owner, all amounts to be distributed to the Owner pursuant to this Trust Indenture shall be distributed by wire transfer of funds of the type received by the Indenture Trustee to the Owner’s account specified in Schedule 1 to the Participation Agreement.
Payments to Owner. The Agent will make payments to the Owner on or before the last business day of the month, on a monthly basis, once the account balance per property exceeds $250.00 from the funds being held by the Agent. If the balance of the Owner account falls below $250, the owner will be required to mail a check for that amount to 1st Choice Real Estate. If no check is received by the end of the month following the statement date, either (1) excess funds from another property owned by the same owner, will be used to bring that specific property current, or (2) 1st Choice Real Estate will have the option to cancel the contract with no further notice. If 1st Choice Real Estate -- for any reason -- pays an “owner expense” to an entity other than a 1st Choice Real Estate contractor, the owner will be charged a $10 coordination fee. * Please note: Pre-paid rents are held by Agent and paid to Owner in the month the rents are due. * Please note: If a new tenant is placed on August 27th, for example, and September rents are collected at move-in, rents are accounted for a pre-paid rent; Owner will receive first payment on or before the last day of September. * Please note: Rents are collected from Tenant by the 4th of the month. Owner distribution payments are made on or before the last day of the month, less any expenses incurred during the month and less management fees due to Agent.
Payments to Owner. Unless You request otherwise, We will make annuity payments to You. If You want the annuity payments to be made to some other Payee, We will make such payments subject to receipt of a written request filed at the Annuity Service Center no later than thirty (30) days before the due date of the first annuity payment. Any such request is subject to the rights of any assignee. No payments available to or being paid to the Payee while the Annuitant is alive can be transferred, commuted, anticipated or encumbered.
Payments to Owner. Unless You request otherwise, We will make annuity income payments to You. If You want the annuity income payments to be made to some other Payee, We will make such annuity income payments subject to receipt of a written request signed by You and filed at the Annuity Service Center no later than [thirty (30)] days before the due date of the first annuity income payment or subsequent annuity income payment. Any such request is subject to the rights of any assignee. No annuity income payments available to or being paid to the Payee while the Annuitant is alive can be transferred, commuted, anticipated or encumbered.
Payments to Owner. Any amounts distributed hereunder by the Indenture Trustee to the Owner shall be paid to the Owner (within the time limits contemplated by Section 2.08) by wire transfer of funds of the type received by the Indenture Trustee at such office and to such account or accounts of the Owner as shall be designated by notice from the Owner to the Indenture Trustee from time to time.
Payments to Owner. In consideration of the rights granted hereunder, Grantee will pay Owner the amounts set forth in Exhibit B attached hereto. Exhibit B shall not be recorded without the specific prior written consent of Grantee.
Payments to Owner. Section 3.01 Remittances................................................... Section 3.02
