Common use of Rent Collection Clause in Contracts

Rent Collection. Subject to the Loan Compliance Requirements and any "Cash Management System" (as hereinafter defined), Manager shall use diligent efforts to collect for the account of Owner all rents and other charges which may become due at any time from any tenant or from others for services provided in connection with or for the use of the Project or any portion thereof, and as directed by Owner, shall institute collection and legal proceedings in the name of Owner for the collection thereof and for the dispossession of tenants and other persons from the Project. All attorneys' fees (including charges and disbursements incurred by counsel) and other third party out-of-pocket costs incurred in connection with such proceedings shall be borne by Owner. Manager shall collect and identify any income due Owner from miscellaneous services provided to tenants or the public including, but not limited to, parking income, tenant storage, and coin operated machines of all types. Notwithstanding the foregoing, Manager shall collect rents and deposit same or cause rents to be collected and deposited in the manner required by the Loan Compliance Requirements.

Appears in 15 contracts

Samples: Property Management and Leasing Agreement (Maguire Properties Inc), Property Management and Leasing Agreement (Maguire Properties Inc), Property Management and Leasing Agreement (Maguire Properties Inc)

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Rent Collection. Subject to the Loan Compliance Requirements and any "Cash Management System" (as hereinafter defineddefined in Section 6.11 below), Manager shall use diligent efforts to collect for the account of Owner all rents and other charges which may become due at any time from any tenant or from others for services provided in connection with or for the use of the Project or any portion thereof, and as directed by Owner, shall institute collection and legal proceedings in the name of Owner for the collection thereof and for the dispossession of tenants and other persons from the Project. All attorneys' fees (including charges and disbursements incurred by counsel) and other third party out-of-pocket costs incurred in connection with such proceedings shall be borne by Owner. Manager shall collect and identify any income due Owner from miscellaneous services provided to tenants or the public including, but not limited to, parking income, tenant storage, and coin operated machines of all types. Notwithstanding the foregoing, Manager shall collect rents and deposit same or cause rents to be collected and deposited in the manner required by the Loan Compliance Requirements.

Appears in 3 contracts

Samples: Loan Agreement (MPG Office Trust, Inc.), Property Management and Leasing Agreement (Younan Properties Inc), Property Management and Leasing Agreement (Younan Properties Inc)

Rent Collection. Subject to the Loan Compliance Requirements all applicable loan requirements and any "Cash Management System" System (as hereinafter defineddefined in Section 6.11 below), Manager shall use diligent efforts to collect for the account of each Owner all rents and other charges which may become due at any time from any tenant or from others for services provided in connection with or for the use of the Project Property of such Owner or any portion thereof, and as directed by such Owner, shall institute collection and legal proceedings in the name of such Owner for the collection thereof and for the dispossession of tenants and other persons from the Projectsuch Property. All attorneys' fees (including charges and disbursements incurred by counsel) and other third party out-of-pocket costs incurred in connection with such proceedings shall be borne by the applicable Owner. Manager shall collect and identify any income due an Owner from miscellaneous services provided to tenants or the public including, but not limited to, parking income, tenant storage, and coin operated machines of all types. Notwithstanding the foregoing, Manager shall collect rents and deposit same or cause rents to be collected and deposited in the manner required by the Loan Compliance Requirementsall applicable loan requirements.

Appears in 1 contract

Samples: Framework Agreement (MPG Office Trust, Inc.)

Rent Collection. Subject to the Loan Compliance Requirements and any "Cash Management System" (as hereinafter defined), Manager shall use diligent efforts to collect for the account of Owner all rents and other charges which may become due at any time from any tenant or from others for services provided in connection with or for the use of the Project or any portion thereof, and as directed by Owner, shall institute collection and legal proceedings in the name of Owner for the collection thereof and for the dispossession of tenants and other persons from the Project. All attorneys' fees (including charges and disbursements incurred by counsel) and other third party out-of-pocket costs incurred in connection with such proceedings shall be borne by Owner. Manager shall collect and identify any income due Owner from miscellaneous services provided to tenants or the public including, but not limited to, parking income, tenant storage, and coin operated machines of all types. Notwithstanding the foregoing, Manager shall collect rents and deposit same or cause rents to be collected and deposited in the manner required by the Loan Compliance Requirements.

Appears in 1 contract

Samples: Loan Agreement (MPG Office Trust, Inc.)

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Rent Collection. Subject to the Loan Compliance Requirements and any "Cash Management System" (as hereinafter defined), Manager shall use diligent efforts to collect for the account of Owner all rents and other charges which may become due at any time from any tenant or from others for services provided in connection with or for the use of the Project or any portion thereof, and as directed by Owner, shall institute collection and legal proceedings in the name of Owner for the collection thereof and for the dispossession of tenants and other persons from form the Project. All attorneys' fees (including charges and disbursements incurred by counsel) and other third party out-of-pocket costs incurred in connection with such proceedings shall be borne by Owner. Manager shall collect and identify any income due Owner from miscellaneous services provided to tenants or the public including, but not limited to, parking income, tenant storage, and coin operated machines of all types. Notwithstanding the foregoing, Manager shall collect rents and deposit same or cause rents to be collected and deposited in the manner required by the Loan Compliance Requirements.

Appears in 1 contract

Samples: Property Management and Leasing Agreement (Maguire Properties Inc)

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