Approved Budgets. The proposed annual budget, or any modification thereof, shall be deemed approved by Owner, if Owner does not deliver Owner’s written objections and requests for modifications to Manager on or before the date which is thirty (30) days after Owner’s receipt thereof. Once so approved, the proposed annual budget shall be the approved “Annual Budget” for purposes of this Agreement.
Appears in 5 contracts
Sources: Property Management Agreement (Arrived STR, LLC), Property Management Agreement (Arrived STR 2, LLC), Property Management Agreement (Arrived STR 2, LLC)