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.
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Samples: Hotel Management Agreement (Humphrey Hospitality Trust Inc), Management Agreement (Humphrey Hospitality Trust Inc), Management Agreement (Humphrey Hospitality Trust Inc)
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.. ARTICLE IX
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Samples: Hotel Management Agreement (Supertel Hospitality Inc)
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.
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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.
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