Investment of Hotel Cash. Operator shall invest Hotel Operating Account balances in a cash management program approved in writing by Lessee and which provides for Lessee to receive the interest income thereon or as otherwise instructed by Lessee in writing.
Appears in 4 contracts
Samples: Hotel Management Agreement (Supertel Hospitality Inc), Hotel Management Agreement (Humphrey Hospitality Trust Inc), Hotel Management Agreement (Humphrey Hospitality Trust Inc)
Investment of Hotel Cash. Operator shall invest Hotel Operating Disbursement Account balances in a cash management program approved in writing by Lessee and which provides for Lessee to receive the benefit of interest income thereon or as otherwise instructed by Lessee in writingthe reduction of bank charges thereon.
Appears in 1 contract
Investment of Hotel Cash. Operator shall invest Hotel Operating Account balances in a cash management program approved in writing by Lessee and which provides for Lessee to receive the interest income thereon or as otherwise instructed by Lessee in writingthereon.
Appears in 1 contract
Samples: Hotel Management Agreement (RFS Hotel Investors Inc)
