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 by representatives of Manager whose signatures have been authorized. Reasonable xxxxx cash funds shall be maintained at each Inn. B. All payments made by Manager hereunder shall be made from authorized bank accounts, xxxxx 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 Lessee except out of such funds, and Manager shall not be obligated to incur any liability or obligation for Lessee's account without assurances that necessary funds for the discharge thereof will be provided by Lessee. 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 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 solely by representatives of Manager whose signatures have been authorizedauthorized by Manager. Reasonable xxxxx cash funds shall be maintained at each Inn. B. All payments made by Manager hereunder shall be made from authorized bank accounts, xxxxx 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 Lessee except out of such funds, and Manager shall not be obligated to incur any liability or obligation for Lessee's account without assurances that necessary funds for the discharge thereof will be provided by Lessee. 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 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 xxxxx cash funds shall be maintained at each Inn. B. All payments made by Manager hereunder shall be made from authorized bank accounts, xxxxx 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 Lessee except out of such funds, and Manager shall not be obligated to incur any liability or obligation for Lessee's account without assurances that necessary funds for the discharge thereof will be provided by Lessee. 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 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 xxxxx cash funds shall be maintained at each Inn. B. All payments made by Manager hereunder shall be made from authorized bank accounts, xxxxx 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 Lessee Owner except out of such funds, and Manager shall not be obligated to incur any liability or obligation for LesseeOwner's account without assurances that necessary funds for the discharge thereof will be provided by LesseeOwner. 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 Lessee Owner to the extent funds are not available for that purpose from the operation of the Inns.