Disbursements to Owner. After payment of Owner’s Operating Costs at month-end, all remaining funds in the Operating Account (less the Working Capital Reserve) shall be immediately disbursed to Owner and transferred by electronic funds transfer to an account designated by Owner.
Appears in 6 contracts
Samples: Property Management Agreement (Mansion Collection I LLC), Property Management Agreement (Arrived STR, LLC), Property Management Agreement (Arrived STR, LLC)
Disbursements to Owner. After payment of Owner’s Operating Costs at month-end, all remaining funds in the Operating Account (less the Working Capital Reserve) shall be immediately disbursed to Owner and transferred by electronic funds transfer to an account designated by Owner.. OWNER’S RIGHTS AND DUTIES
Appears in 1 contract
