DISBURSEMENT OF DEPOSITS. Agent shall disburse and pay from the bank account specified in Section 6.01 hereof, such amounts and at such times as the same are required in connection with the management and operation of the Property in accordance with the provision of this Agreement. As requested by Owner, Agent will disburse to Owner all funds as in the Agent's sole discretion, after providing sufficient reserves, shall be considered available for Owner.
Appears in 3 contracts
Samples: Management Agreement (Vinings Investment Properties Trust/Ga), Management Agreement (Vinings Investment Properties Trust/Ga), Management Agreement (Vinings Investment Properties Trust/Ga)
DISBURSEMENT OF DEPOSITS. Agent shall disburse and pay from the bank account specified in Section 6.01 hereof, such amounts and at such times as the same are required in connection with the management and operation of the Property in accordance with the provision of this Agreement. As requested by Owner, and in accordance with this Agreement and any applicable laws, regulations, mortgages, or other limitations, Agent will shall disburse any excess funds to Owner all funds as in the Agent's sole discretion, after providing for sufficient reserves, shall be considered available for Owner.
Appears in 2 contracts
Samples: Management Agreement (Vinings Investment Properties Trust/Ga), Management Agreement (Vinings Investment Properties Trust/Ga)
