CASH BASIS LAW. The City shall only be obligated, and shall not be in breach of this Agreement for failure, to appropriate funds in an amount equal to 100% of the accrued revenue of the current fiscal year plus any balance carried forward and cash reserves, all from the operating revenues of the Facilities.
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Samples: Golf Course Operating Agreement, Golf Course Operating Agreement, Golf Course Operating Agreement
CASH BASIS LAW. The City shall only be obligated, and shall not be in breach of this Agreement for failure, to appropriate funds in an amount equal to 100% of the accrued revenue of the current fiscal year plus any balance carried forward and cash reserves, all from the operating revenues of the FacilitiesFacility.
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