Common use of Deposit and Disbursement of Funds Clause in Contracts

Deposit and Disbursement of Funds. Manager will deposit all receipts arising from the operation of the Hospital Facilities in such accounts as Manager determines, and will disburse and pay funds on behalf and in the name of the applicable Owner, in such amounts and at such times as the same are required, in each case consistent with Manager’s cash management practices applicable to all of Manager’s Affiliates.

Deposit and Disbursement of Funds. Manager will deposit all receipts arising from the operation of the Hospital Facilities Facility in such accounts as Manager determines, and will disburse and pay funds on behalf and in the name of the applicable Owner, in such amounts and at such times as the same are required, in each case consistent with Manager’s cash management practices applicable to all of Manager’s Affiliates.