Common use of Annual Budgets Clause in Contracts

Annual Budgets. Promptly, and in any event within 60 days after the start of its fiscal year, an annual budget for each Mortgaged Property for such fiscal year, setting forth an estimate of all of the costs and expenses, including capital expenses, of maintaining and operating each Mortgaged Property.

Appears in 10 contracts

Sources: Master Credit Facility Agreement (Mid America Apartment Communities Inc), Master Credit Facility Agreement (United Dominion Realty Trust Inc), Master Reimbursement Agreement (Mid America Apartment Communities Inc)

Annual Budgets. Promptly, and in any event within 60 days -------------- after the start of its fiscal year, an annual budget for each Mortgaged Property for such fiscal year, setting forth an estimate of all of the costs and expenses, including capital expenses, of maintaining and operating each Mortgaged Property.

Appears in 1 contract

Sources: Master Credit Facility Agreement (United Dominion Realty Trust Inc)

Annual Budgets. Promptly, and in any event within 60 days after On the later of (21) prior to the start of its fiscal yearyear or (22) within ten (10) days after completion, an annual budget for each Mortgaged Property for such fiscal year, setting forth an estimate of all of the costs and expenses, including capital expenses, of maintaining and operating each Mortgaged Property.

Appears in 1 contract

Sources: Master Credit Facility Agreement (Emeritus Corp\wa\)

Annual Budgets. Promptly, and in any event within 60 days after -------------- the start of its fiscal year, an annual budget for each Mortgaged Property for such fiscal year, setting forth an estimate of all of the costs and expenses, including capital expenses, of maintaining and operating each Mortgaged Property.

Appears in 1 contract

Sources: Master Credit Facility Agreement (United Dominion Realty Trust Inc)

Annual Budgets. Promptly, and in any event within 60 sixty (60) days after the start of its fiscal year, an annual budget for each Mortgaged Property for such fiscal year, setting forth an estimate of all of the costs and expenses, including capital expenses, of maintaining and operating each Mortgaged Property.

Appears in 1 contract

Sources: Master Credit Facility Agreement (Mid America Apartment Communities Inc)

Annual Budgets. Promptly, and in any event within 60 days after the start of its fiscal year, an annual budget for each Mortgaged Property for such fiscal year, setting forth an estimate of all of the costs and expenses, including capital expenses, of maintaining and operating each Mortgaged Property.forth

Appears in 1 contract

Sources: Master Credit Facility Agreement (Walden Residential Properties Inc)

Annual Budgets. Promptly, and in any event within 60 Within sixty (60) days after the start of its fiscal year, an annual budget for each Mortgaged Property for such fiscal year, setting forth an estimate of all of the costs and expenses, including capital expenses, of maintaining and operating each Mortgaged Property.

Appears in 1 contract

Sources: Master Credit Facility Agreement (Senior Housing Properties Trust)

Annual Budgets. Promptly, and in any event within 60 days after the start of its fiscal year, an annual budget for each Mortgaged Property for such fiscal year, setting forth an estimate of all of the costs and expenses, including a capital expensesimprovements budget, of maintaining and operating each Mortgaged Property.

Appears in 1 contract

Sources: Master Credit Facility Agreement (Home Properties of New York Inc)