Common use of Funds of Owner to be Deposited in Trust Account Clause in Contracts

Funds of Owner to be Deposited in Trust Account. Manager is hereby authorized to deposit all rent and other monies received on behalf of Owner in one or more trust accounts of Manager. The account(s) shall be maintained in a federally insured banking institution with offices in Georgia.

Appears in 7 contracts

Samples: Management Agreement, Management Agreement, Management Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.