Closing Bank Accounts. All items relating to bank account closings are to be coordinated through Owner. Manager is required to process cash activity in accordance with any applicable termination agreement, purchase and sale agreement, merger agreement, etc. Manager is responsible for final bank account reconciliation at the time of close out or transfer of the account.
Appears in 12 contracts
Samples: And Construction Management Agreement (Griffin Capital Essential Asset REIT, Inc.), www.sec.gov, And Construction Management Agreement (Griffin Capital Essential Asset REIT II, Inc.)