Insufficient Funds in Bank Account. Manager shall not be required to expend any of its own funds for disbursements chargeable to Owner. If there are insufficient funds in the Bank Account for a disbursement, Manager may, after notifying Owner of such insufficiency in writing, defer making any disbursement until Owner has furnished the funds necessary for such disbursement.
Appears in 6 contracts
Samples: Management Agreement (KBS Real Estate Investment Trust III, Inc.), Management Agreement, Limited Liability Company Agreement (KBS Strategic Opportunity REIT II, Inc.)
