Common use of DISBURSEMENT OF DEPOSITS Clause in Contracts

DISBURSEMENT OF DEPOSITS. If requested by Owner, Manager shall remit to Owner with the monthly financial report all unexpended operating funds, except for a reserve of contingencies, as provided in Section 5.01 below, which shall remain in the Operating Account.

Appears in 6 contracts

Samples: Management Agreement (Vinebrook Homes Trust, Inc.), Management Agreement (Vinebrook Homes Trust, Inc.), Management Agreement (Vinebrook Homes Trust, Inc.)

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DISBURSEMENT OF DEPOSITS. If requested by Owner, Manager shall remit to Owner with the monthly financial report all unexpended operating funds, funds except for a reserve of for contingencies, as provided in Section 5.01 below, which shall remain in the Operating Account.. ​

Appears in 1 contract

Samples: Property Management Agreement (Ares Real Estate Income Trust Inc.)

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