Initial Deposit and Contingency Reserve. Promptly upon commencement of this Agreement, Owner shall remit to Manager the sum of One Thousand Dollars ($1,000) to be deposited in the Depository Account as an initial deposit representing the estimated disbursements to be made in the first month following the commencement of this Agreement.
Appears in 4 contracts
Samples: Property Management Agreement (Arrived STR 2, LLC), Property Management Agreement (Arrived STR 2, LLC), Property Management Agreement (Arrived STR 2, LLC)
