Common use of Cash Reserves Clause in Contracts

Cash Reserves. “Cash Reserves” means such amounts as may be required pursuant to the terms of the Hotel Management Agreement.

Appears in 2 contracts

Samples: Membership Interest Agreement, Limited Liability Company Operating Agreement (Carey Watermark Investors Inc)

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Cash Reserves. “Cash Reserves” means such amounts as may be required pursuant to the terms of the Hyatt Franchise Agreement, the Hotel Management AgreementAgreement and/or the Loan Documents.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Carey Watermark Investors Inc)

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Cash Reserves. “Cash Reserves” means such amounts as may be required pursuant to the terms of the Hilton Franchise Agreement, the Hotel Management AgreementAgreement and/or the Loan Documents.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Carey Watermark Investors Inc)

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