Common use of Budget Approval Clause in Contracts

Budget Approval. Owner shall approve, disapprove or comment on the proposed annual budget within thirty (30) days after Owner’s receipt of such proposed annual budget. Owner may approve, disapprove or modify any proposed annual budget in whole or in part.

Appears in 2 contracts

Samples: Management and Leasing Agreement (AmREIT Monthly Income & Growth Fund III LTD), Management and Leasing Agreement (AmREIT Monthly Income & Growth Fund III LTD)

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Budget Approval. Owner shall approve, disapprove or comment on the proposed annual budget and revised Budgets within thirty (30) days after Owner’s receipt of such proposed annual budgetBudget. Owner may approve, disapprove or modify any proposed annual budget Budget in whole or in part. Until such Budget has been approved, Manager shall work diligently to address and resolve Owner’s reasonable objectives, until the Budget is fully approved by Owner.

Appears in 1 contract

Samples: Property Management Agreement (Bluerock Enhanced Multifamily Trust, Inc.)

Budget Approval. Owner shall approve, disapprove or comment on the proposed annual budget and revised Budgets within thirty (30) days after Owner’s receipt of such proposed annual budgetBudget. Owner may approve, disapprove or modify any proposed annual budget Budget in whole or in part.

Appears in 1 contract

Samples: Property Management Agreement (Bluerock Enhanced Multifamily Trust, Inc.)

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Budget Approval. Owner shall approve, disapprove or comment on the proposed annual budget and revised Budgets within thirty (30) days after Owner’s 's receipt of such proposed annual budgetBudget. Owner may approve, disapprove or modify any proposed annual budget Budget in whole or in part. Until such Budget has been approved, Manager shall work diligently to address and resolve Owner's reasonable objectives, until the Budget is fully approved by Owner.

Appears in 1 contract

Samples: Property Management Agreement (Bluerock Enhanced Multifamily Trust, Inc.)

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