Common use of THE AGENT AGREES Clause in Contracts

THE AGENT AGREES. 2.1 To accept the management of the Premises, to the extent, for the period, and upon the terms herein provided and agrees to furnish the services of its organization for the rental operation and management of the Premises. 2.2 To prepare a monthly statement of receipts and disbursements and to remit, on a monthly basis, the net cash flow generated by the Premises after payment of all operating expenses, debt service and escrow payments if applicable, to the following party: Secured Investment Resources Fund L.P., III c/o David L. Johnson ▇.O. Box 26730 Kansas City, MO 64196 In the event total monthly disbursements are in excess of total monthly receipts, the OWNER shall promptly provide funds to cover such shortfalls. Nothing contained herein shall obligate the AGENT to advance its own funds on behalf of the OWNER to cover any shortfalls. 2.3 To cause all employees of the AGENT who handle or are responsible for the safekeeping of any monies of the OWNER to be covered by a fidelity bond in an amount and with a company determined by the AGENT.

THE AGENT AGREES. 2.1 To accept the management of the Premises, to the extent, for the period, and upon the terms herein provided and agrees to furnish the services of its organization for the rental operation and management of the Premises. 2.2 To prepare a monthly statement of receipts and disbursements and to remit, on a monthly basis, the net cash flow generated by the Premises after payment of all operating expenses, debt service and escrow payments if applicable, to the following party: Secured Investment Resources Fund L.P.Nooney Real Property Investors-Four, III ▇.▇. c/o David L. Johnson ▇.O. Box 26730 .▇. ▇▇▇ ▇▇▇▇▇ Kansas City, MO 64196 In the event total monthly disbursements are in excess of total monthly receipts, the OWNER Owner shall promptly provide funds to cover such shortfalls. Nothing contained herein shall obligate the AGENT Agent to advance its own funds on behalf of the OWNER Owner to cover any shortfalls. 2.3 To cause all employees of the AGENT Agent who handle or are responsible for the safekeeping of any monies of the OWNER Owner to be covered by a fidelity bond in an amount and with a company determined by the AGENTAgent.

THE AGENT AGREES. 2.1 To accept the management of the Premises, to the extent, for the period, and upon the terms herein provided and agrees to furnish the services of its organization for the rental operation and management of the Premises. 2.2 To prepare a monthly statement of receipts and disbursements and to remit, on a monthly basis, the net cash flow generated by the Premises after payment of all operating expenses, debt service and escrow payments if applicable, to the following party: Secured Investment Resources Fund L.P.Nooney Real Property Investor-Four, III ▇.▇. c/o David L. Johnson ▇.O. Box 26730 .▇. ▇▇▇ ▇▇▇▇▇ Kansas City, MO 64196 In the event total monthly disbursements are in excess of total monthly receipts, the OWNER Owner shall promptly provide funds to cover such shortfalls. Nothing contained herein shall obligate the AGENT Agent to advance its own funds on behalf of the OWNER Owner to cover any shortfalls. 2.3 To cause all employees of the AGENT Agent who handle or are responsible for the safekeeping of any monies of the OWNER Owner to be covered by a fidelity bond in an amount and with a company determined by the AGENTAgent.