Common use of Accounts, Expenditures Clause in Contracts

Accounts, Expenditures. A. All funds derived from operation of the Inns shall be deposited by Manager in a bank account in a bank designated by Manager. Withdrawals from said accounts shall be made only by representatives of Manager whose signatures have been authorized. Reasonable ▇▇▇▇▇ cash funds shall be maintained at each Inn. B. All payments made by Manager hereunder shall be made from authorized bank accounts, ▇▇▇▇▇ cash funds, or from Working Capital provided pursuant to Section 6.01. Manager shall not be required to make any advance or payment to or for the account of Owner except out of such funds, and Manager shall not be obligated to incur any liability or obligation for Owner's account without assurances that necessary funds for the discharge thereof will be provided by Owner. Debts and liabilities incurred by Manager as a result of its operation and management of the Inns pursuant to the terms hereof, whether asserted before or after the Termination of this Agreement, will be paid by Owner to the extent funds are not available for that purpose from the operation of the Inns.

Accounts, Expenditures. A. All funds derived from operation of the Inns shall be deposited by Manager in a bank account in a bank designated by Manager. Withdrawals from said accounts shall be made only by representatives of Manager whose signatures have been authorized. Reasonable ▇▇▇▇▇ cash funds shall be maintained at each Inn. B. All payments made by Manager hereunder shall be made from authorized bank accounts, ▇▇▇▇▇ cash funds, or from Working Capital provided pursuant to Section 6.01. Manager shall not be required to make any advance or payment to or for the account of Owner Lessee except out of such funds, and Manager shall not be obligated to incur any liability or obligation for OwnerLessee's account without assurances that necessary funds for the discharge thereof will be provided by OwnerLessee. Debts and liabilities incurred by Manager as a result of its operation and management of the Inns pursuant to the terms hereof, whether asserted before or after the Termination of this Agreement, will be paid by Owner Lessee to the extent funds are not available for that purpose from the operation of the Inns.

Accounts, Expenditures. A. All funds derived from operation of the Inns shall be deposited by Manager in a bank account in a bank designated by Manager. Withdrawals from said accounts shall be made only by representatives of Manager whose signatures have been authorized. Reasonable ▇▇▇▇▇ cash funds shall be maintained at each Inn. B. All payments made by Manager hereunder shall be made from authorized bank accounts, ▇▇▇▇▇ cash funds, or from Working Capital provided pursuant to Section 6.01. Manager shall not be required to make any advance or payment to or for the account of Owner Lessee except out of such funds, and Manager shall not be obligated to incur any liability or obligation for OwnerLessee's account without assurances that necessary funds for the discharge thereof will be provided by OwnerLessee. Debts and liabilities incurred by Manager as a result of its operation and management of the Inns pursuant to the terms hereof, whether asserted before or after the Termination of this Agreement, will be paid by Owner Lessee to the extent funds are not available for that purpose from the operation of the Inns.

Accounts, Expenditures. A. All funds derived from operation of the Inns shall be deposited by Manager in a bank account or accounts in a bank or banks designated by Manager. Withdrawals from said accounts shall be made only solely by representatives of Manager whose signatures have been authorizedauthorized by Manager. Reasonable ▇▇▇▇▇ cash funds shall be maintained at each Inn. B. All payments made by Manager hereunder shall be made from authorized bank accounts, ▇▇▇▇▇ cash funds, or from Working Capital provided pursuant to Section 6.01. Manager shall not be required to make any advance or payment to or for the account of Owner Lessee except out of such funds, and Manager shall not be obligated to incur any liability or obligation for OwnerLessee's account without assurances that necessary funds for the discharge thereof will be provided by OwnerLessee. Debts and liabilities incurred by Manager as a result of its operation and management of the Inns pursuant to the terms hereof, whether asserted before or after the Termination of this Agreement, will be paid by Owner Lessee to the extent funds are not available for that purpose from the operation of the Inns.