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)
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)
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)