Joint or Third Party Payments. The City may make any payment jointly to the Owner and any mortgagee or trust deed beneficiary, contractor or supplier of materials, as their interests may appear, or solely to any such third party, if the Owner requests the same in writing.
Appears in 3 contracts
Sources: Acquisition Agreement, Acquisition Agreement, Acquisition Agreement
Joint or Third Party Payments. The City may make any payment jointly to the Owner and any mortgagee or trust deed beneficiary, contractor or supplier of materials, as their interests may appear, or solely to any such third party, if the Owner so requests the same in writingwriting or as the City otherwise determines such joint or third party payment is necessary to obtain lien releases.
Appears in 2 contracts
Sources: Funding and Acquisition Agreement, Funding and Acquisition Agreement
Joint or Third Party Payments. The City may make any payment jointly to the Owner Developer and any mortgagee or trust deed beneficiary, contractor or supplier of materials, as their interests may appear, or solely to any such third party, if the Owner Developer so requests the same in writingwriting or as the City otherwise determines such joint or third party payment is necessary to obtain lien releases.
Appears in 1 contract
Sources: Acquisition Agreement