Operational Accounts. (a) NV will keep a bank account (the “Operational Account”) for the deposit of all the funds generated by the Dispensaries’ operations. NV will be obliged to deposit all the funds generated in the operation in said accounts. NV will provide electronic access to CG to monitor said account. NV will not use any separate account or own funds to defray the operational expenses of the Dispensaries. NV will ensure that sufficient balances are kept in the Operational Account to cover operational expenses. NV must open the Operational Account within thirty (30) days following the Effective Date.
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Sources: Management Services Agreement (Chemesis International Inc.), Management Services Agreement