Operating Accounts definition

Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.
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Operating Accounts means any or all of them;
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Operating Accounts shall have the meaning set forth in Section 9.02 A.
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Examples of Operating Accounts in a sentence

  • Notwithstanding the foregoing, in the event of the circumstances described in clauses (i) or (ii) immediately above, if Owner does not direct Operator to repair, alter or replace the same, then Operator shall have the right, power and authority to use the monies in the Operating Accounts for the making of such repairs, alterations or replacements.

  • All funds used in the operation of the Hotel, and all receipts and disbursements thereof (except insofar as p▇▇▇▇ cash is maintained in the Hotel) shall be deposited in and withdrawn from the Operating Account(s).

  • Owner shall immediately, and in no case later than ten days after written notice from Operator, provide Operator with all funds necessary pursuant to this Section 13.1(d) if adequate funds are not otherwise available from the Operating Account(s), and if funds shall be used from such account(s), to replenish such account(s) within thirty days after notification.


More Definitions of Operating Accounts

Operating Accounts means either or both of them;
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Operating Accounts means the Cash Management Accounts which are designated as "operating accounts" on Schedule 8.01.
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Operating Accounts moneys are withdrawn from any of the Operating Accounts other than in accordance with clause 14; or
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Operating Accounts. . . . . . . . . . . . . . . means the bank accounts opened in the name of the
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Operating Accounts means, individually or collectively, the operating accounts established and maintained by Loan Parties and which are designated as such and listed on Schedule 5.23.
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Operating Accounts shall have the meaning assigned to such term in Section 3.2(a).
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Operating Accounts means the operating accounts described on Schedule 5.26 to the Loan Agreement, and any additional or replacement accounts from time to time established and maintained by any of the Loan Parties.
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