DISTRIBUTION TO OWNER Sample Clauses

DISTRIBUTION TO OWNER. The Parties agree that the Agent shall make the following distributions to the Owner: (check one) ☐ - With each payment made by a tenant of the Property on a timely basis. ☐ - ____% of payments collected to be paid each ☐ week ☐ month with the full balance owed five (5) days before the end of each taxable quarter. ☐ - $______________ to be paid each ☐ week ☐ month with the full balance owed five (5) days before the end of each taxable quarter. ☐ - To be paid-in-full five (5) business days before the end of each taxable quarter. ☐ - Other. __________________________________________________________________. Any unpaid amount from the Agent to the Owner shall be held by the Agent and designated for other fees, expenses, distributions, or other items related to the Property. Any such remaining amounts shall be distributed to the Owner upon the termination of this Agreement.
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DISTRIBUTION TO OWNER. The Parties agree that the Agent shall make the following distributions to the Owner: (check one) ☐ – With each payment made by a tenant of the Property on a timely basis. ☐ – [#]% of payments collected to be paid each ☐ week ☐ month with the full balance owed five (5) days before the end of each taxable quarter. ☐ – $[AMOUNT] to be paid each ☐ week ☐ month with the full balance owed five (5) days before the end of each taxable quarter. ☐ – To be paid in full five (5) business days before the end of each taxable quarter.
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DISTRIBUTION TO OWNER. The Parties agree that the Property Manager shall make the following distributions to the Owner with each payment made by a tenant of the Premises on a timely basis: Any unpaid amount from the Agent to the Owner shall be held by the Agent and designated for other fees, expenses, distributions, or other items related to the Property. Any such remaining amounts shall be distributed to the Owner upon the termination of this Agreement.
Sample 1
DISTRIBUTION TO OWNER. Consistent with Section 4.4 above, Operator shall remit all revenues in excess of the allowable Operator’s Fee and reimbursable expenses allowed pursuant to Section 4.2 periodically to Owner. The parties contemplate that Operator will bear the risk of loss associated with operation of the Golf Course Property. Therefore, notwithstanding anything to the contrary set forth in this Agreement, Operator represents, warrants and covenants that after all fees, costs, expenses and other payments, Owner shall receive a distribution from Operator of no less than [One Dollar ($1.00) OR GREATER AS BID] each fiscal year as a result of Golf Course operations (the “Guaranteed Annual Distribution”). Such Annual Distribution shall be remitted to Owner in four equal installments no later than the end of each calendar quarter and fully paid by December 31 of the subsequent fiscal year. Operator shall bear all risk of loss to the extent revenues are insufficient or excess expenses yield a net income insufficient to cover the Annual Distribution. For the avoidance of doubt, in addition to the Annual Distribution Operator shall promptly pay, transfer, and remit such additional consideration proposed in response to this RFP in such amounts, forms, and quantities as is set forth in its proposal.
Sample 1
DISTRIBUTION TO OWNER. P.O. Box 500380 Consistent with Section 4.4 above, Operator shall remit all revenues in excess of the allowable Operator’s Fee and reimbursable expenses allowed pursuant to Section 4.2 periodically to Owner. The parties contemplate that Operator will bear the risk of loss associated with operation of the Race Track, Swimming Pool, Golf Driving Range Property. Therefore, notwithstanding anything to the contrary set forth in this Agreement, Operator represents, warrants and covenants that after all fees, costs, expenses and other payments, Owner shall receive a distribution from Operator of no less than [One Dollar ($1.00) OR GREATER AS BID] each fiscal year as a result of Race Track, Swimming Pool, Golf Driving Range operations (the “Guaranteed Annual Distribution”). Such Annual Distribution shall be remitted to Owner in four equal installments no later than the end of each calendar quarter and fully paid by December 31 of the subsequent fiscal year. Operator shall bear all risk of loss to the extent revenues are insufficient or excess expenses yield a net income insufficient to cover the Annual Distribution. For the avoidance of doubt, in addition to the Annual Distribution Operator shall promptly pay, transfer, and remit such additional consideration proposed in response to this RFP in such amounts, forms, and quantities as is set forth in its proposal.
Sample 1

Related to DISTRIBUTION TO OWNER

  • Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer. (See Section 4.04 of the Standard Terms)

  • Distribution of Overtime Overtime shall be distributed as equally as feasible among qualified employees customarily performing the kind of work required, and currently assigned to the work unit in which the overtime is to be worked. When the assignment of overtime work causes an unusual burden upon the employee, the employee shall not be required to work overtime unless the absence would cause the Agency to be unable to meet its responsibilities.

  • Distribution of UDP and TCP queries DNS probes will send UDP or TCP “DNS test” approximating the distribution of these queries.

  • Residual Distributions If the Liquidation Preference has been paid in full to all holders of Designated Preferred Stock and the corresponding amounts payable with respect of any other stock of the Issuer ranking equally with Designated Preferred Stock as to such distribution has been paid in full, the holders of other stock of the Issuer shall be entitled to receive all remaining assets of the Issuer (or proceeds thereof) according to their respective rights and preferences.

  • Distribution Fee The distribution fee payable to the Dealer Manager as additional compensation for serving as the dealer manager for the Offering and reallowable to Soliciting Dealers with respect to Shares sold by them, as described in the Corporation’s Prospectus.

  • What Forms of Distribution Are Available from a Xxxxxxxxx Education Savings Account Distributions may be made as a lump sum of the entire account, or distributions of a portion of the account may be made as requested.

  • When Must Distributions from a Xxxx XXX Begin Unlike Traditional IRAs, there is no requirement that you begin distribution of your account during your lifetime at any particular age.

  • Certificate Distribution Account The Certificate Distribution Account shall be established as a non-interest bearing trust account pursuant to Section 4.1 of the Sale and Servicing Agreement. Funds on deposit in the Certificate Distribution Account shall be held uninvested. The Certificateholders shall possess all beneficial right, title and interest in and to all funds on deposit from time to time in the Certificate Distribution Account and all proceeds thereof. Except as otherwise provided herein, in the Indenture or in the Sale and Servicing Agreement, the Certificate Distribution Account shall be under the sole dominion and control of the Certificate Paying Agent for the benefit of the Certificateholders. If, at any time, the Certificate Distribution Account ceases to be an Eligible Account, the Servicer on behalf of the Issuer, shall, within ten (10) Business Days (or such longer period) after becoming aware of the fact, establish a new Certificate Distribution Account as an Eligible Account and shall direct the Certificate Paying Agent to transfer any cash then on deposit in the Certificate Distribution Account to such new Certificate Distribution Account.

  • Distribution System The Transmission Owner’s facilities and equipment used to transmit electricity to ultimate usage points such as homes and industries directly from nearby generators or from interchanges with higher voltage transmission networks which transport bulk power over longer distances. The voltage levels at which Distribution Systems operate differ among areas. Distribution Upgrades – The additions, modifications, and upgrades to the Transmission Owner’s Distribution System at or beyond the Point of Interconnection to facilitate interconnection of the Small Generating Facility and render the transmission service necessary to effect the Interconnection Customer’s wholesale sale of electricity in interstate commerce.

  • Contract Distribution The Employer will provide all current and new employees with a link to the new Agreement. Each department or unit will maintain a paper copy of the contract accessible to all employees.

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