Cash Reserves. The Manager may establish and maintain reasonable cash reserves for operating expenses (other than depreciation, amortization or similar non-cash allowances), reinvestments, capital improvements and debt service. The amount of such reserves will be as the Manager may determine.
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Samples: Operating Agreement (Grizzly Merger Sub 1, LLC), Limited Liability Company Operating Agreement (Gci Inc), Limited Liability Company Agreement (Starz, LLC)
Cash Reserves. The Manager may establish and maintain reasonable cash reserves for any reason consistent with the purpose of the Company, including for operating expenses (other than depreciation, amortization or similar non-cash allowances), reinvestmentsexpenses, capital improvements and debt service. The amount of such reserves will be as the Manager may determine.
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