Common use of Designation of Agent for Lessor Clause in Contracts

Designation of Agent for Lessor. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ is hereby designated as Lessor's agent to receive from Lessee all payments due or payable to Lessor under the terms of this Agreement and all such payments may be made payable to ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ and tendered by mailing or delivering the same to her address as set forth in Section 9.A above. In the event of ▇▇▇. ▇▇▇▇▇▇▇▇'▇ death, all such payments shall be made payable to Jacqualeene ▇▇▇▇▇▇▇▇ and tendered by mailing or delivering the same to whatever address ▇▇▇. ▇▇▇▇▇▇▇▇ may provide to Lessee. Lessee shall have no obligation to allocate or apportion any payment made hereunder among the parties constituting Lessor, it being said agent's obligation to properly do so after payment is made to the agent by Lessee, and Lessee shall in no event be held liable to Lessor for any failure on the part of Lessor’s agent to allocate or apportion any payment made by Lessee hereunder among the parties constituting Lessor. The parties constituting Lessor, by their execution of this Agreement, consent to the payment provisions set forth herein. All data required of Lessee under this Agreement shall likewise be provided to said agent, who in turn shall be responsible for disbursing said data among the parties constituting Lessor as those parties may see fit, and Lessee shall in no event be held liable to Lessor for any failure on the part of Lessor’s agent to disburse data among the parties constituting Lessor. Any change in said agent shall be effective only if made in writing and signed by each of the persons constituting Lessor. In the event of any dispute among multiple owners and/or payees concerning entitlement to such payments, Lessee may tender its payments into an escrow account for the benefit of such persons as may be entitled thereto at a bank of Lessee's choice, and notify such persons that such an account has been established, with the costs of establishing and maintaining the escrow account deductible from Lessee's payments. Such escrowed payments shall be deemed to be a sufficient tender of payment by Lessee for all purposes hereunder, and Lessee shall in no event be held liable to Lessor for any loss or damage arising from the good faith establishment or payment of Lessee’s payments into such escrow account.

Designation of Agent for Lessor. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ is hereby designated as Lessor's ’s agent to receive from Lessee all payments due or payable to Lessor under the terms of this Agreement and all such payments may be made payable to ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ and tendered by mailing or delivering the same to her his address as set forth in Section 9.A above. In the event of ▇▇▇. ▇▇▇▇▇▇▇▇'▇ death, all such payments shall be made payable to Jacqualeene ▇▇▇▇▇▇▇▇ and tendered by mailing or delivering the same to whatever address ▇▇▇. ▇▇▇▇▇▇▇▇ may provide to Lessee. Lessee shall have no obligation to allocate or apportion any payment made hereunder among the parties persons constituting Lessor, it being said agent's ’s obligation to properly do so after payment is made to the agent by Lessee, and Lessee shall in no event be held liable to Lessor for any failure on the part of Lessor’s agent to allocate or apportion any payment made by Lessee hereunder among the parties constituting Lessor. The parties persons constituting Lessor, by their execution of this Agreement, consent to the payment provisions set forth herein. All data required of Lessee under this Agreement shall likewise be provided to said agent, who in turn shall be responsible for disbursing said data among the parties persons constituting Lessor as those parties persons may see fit, and Lessee shall in no event be held liable to Lessor for any failure on the part of Lessor’s agent to disburse data among the parties constituting Lessor. Any change in said agent shall be effective only if made in writing and signed by each of the persons constituting Lessor. In the event of any dispute among multiple owners and/or payees concerning entitlement to such payments, Lessee may tender its payments into an escrow account for the benefit of such persons as may be MGC-041.doc entitled thereto at a bank of Lessee's choice’s choice located in the county in which the Premises are situated, and notify such persons that such an account has been established, with the costs of establishing and maintaining the escrow account deductible from Lessee's ’s payments. Such escrowed payments shall be deemed to be a sufficient tender of payment by Lessee for all purposes hereunder, and Lessee shall in no event be held liable to Lessor for any loss or damage arising from the good faith establishment or payment of Lessee’s payments into such escrow account.

Designation of Agent for Lessor. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ is hereby designated as Lessor's ’s agent to receive from Lessee all payments due or payable to Lessor under the terms of this Agreement and all such payments may be made payable to ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ and tendered by mailing or delivering the same to her his address as set forth in Section 9.A above. In the event of ▇▇▇. ▇▇▇▇▇▇▇▇'▇ death, all such payments shall be made payable to Jacqualeene ▇▇▇▇▇▇▇▇ and tendered by mailing or delivering the same to whatever address ▇▇▇. ▇▇▇▇▇▇▇▇ may provide to Lessee. Lessee shall have no obligation to allocate or apportion any payment made hereunder among the parties constituting Lessor, it being said agent's ’s obligation to properly do so after payment is made to the agent by Lessee, and Lessee shall in no event be held liable to Lessor for any failure on the part of Lessor’s agent to allocate or apportion any payment made by Lessee hereunder among the parties constituting Lessor. The parties constituting Lessor, by their execution of this Agreement, consent to the payment provisions set forth herein. All data required of Lessee under this Agreement shall likewise be provided to said agent, who in turn shall be responsible for disbursing said data among the parties constituting Lessor as those parties may see fit, and Lessee shall in no event be held liable to Lessor for any failure on the part of Lessor’s agent to disburse data among the parties constituting Lessor. Any change in said agent shall be effective only if made in writing and signed by each of the persons constituting Lessor. In the event of any dispute among multiple owners and/or payees concerning entitlement to such payments, Lessee may tender its payments into an escrow account for the benefit of such persons as may be entitled thereto at a bank of Lessee's choice’s choice located in the county in which the Premises are situated, and notify such persons that such an account has been established, with the costs of establishing and maintaining the escrow account deductible from Lessee's ’s payments. Such escrowed payments shall be deemed to be a sufficient tender of payment by Lessee for all purposes hereunder, and Lessee shall in no event be held liable to Lessor for any loss or damage arising from the good faith establishment or payment of Lessee’s payments into such escrow account.