FF&E Reserve Account. A breach by Lessee of its obligation to create, fund, and maintain the minimum required aggregate amounts in the FF&E Reserve Account as provided in Section 4.1(b) hereof and Section 3.7(f) of the Property Leases subject to any notice and cure periods contained in the Property Leases.
Appears in 2 contracts
Samples: Master Agreement (Arlington Hospitality Inc), Master Agreement (PMC Commercial Trust /Tx)
FF&E Reserve Account. A breach by Lessee of its obligation to create, fund, create and maintain the minimum required aggregate amounts in fund the FF&E Reserve Account as provided in Section 4.1(b) hereof and Section 3.7(f) of the Property Leases subject to any notice and cure periods period contained in the Property LeasesLease.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (PMC Commercial Trust /Tx), Purchase and Sale Agreement (Amerihost Properties Inc)
