Common use of Minimum Bank Balances Clause in Contracts

Minimum Bank Balances. During the Term hereof, Owner and Manager shall attempt to agree on the necessary minimum cash balance to be maintained in the Depository Account for each Facility but if they are unable to so agree such minimum cash balance shall upon demand of Manager be required to be equal to the amount reflected in Exhibit K opposite the name of such Facility and Owner shall upon demand in accordance with Section I(h) provide Manager with any working capital which may be needed to enable Manager to maintain such minimum cash balances. In addition, during the Term hereof, Owner shall at all times maintain a minimum balance in the Regent Account of $80,000.

Minimum Bank Balances. During the Term hereof, Owner Licensee and Manager shall attempt to agree on the necessary minimum cash balance to be maintained in the Depository Account for each Facility but if they are unable to so agree such minimum cash balance shall upon demand of Manager be required to be equal to 50% of the amount reflected in Exhibit K opposite the name Daily Operating Expenses of such Facility during the prior month and Owner Licensee shall upon demand in accordance with Section I(h) provide Manager with any working capital which may be needed to enable Manager to maintain such minimum cash balances. In addition, during the Term hereof, Owner Licensee shall at all times maintain a minimum balance in the Regent Account of $80,000.

Minimum Bank Balances. During the Term hereof, Owner Licensee ----------------------- and Manager shall attempt to agree on the necessary minimum cash balance to be maintained in the Depository Account for each Facility but if they are unable to so agree such minimum cash balance shall upon demand of Manager be required to be equal to the amount reflected in Exhibit K J opposite the name of such Facility and Owner Licensee shall upon demand in accordance with Section I(h) provide Manager with any working capital which may be needed to enable Manager to maintain such minimum cash balances. In addition, during the Term hereof, Owner Licensee shall at all times maintain a minimum balance in the Regent Account of $80,000.

Minimum Bank Balances. During the Term hereof, Owner and ---------------------- Manager shall attempt to agree on the necessary minimum cash balance to be maintained in the Depository Account for each Facility but if they are unable to so agree such minimum cash balance shall upon demand of Manager be required to be equal to the amount reflected in Exhibit K opposite the name of such Facility and Owner shall upon demand in accordance with Section I(h) provide Manager with any working capital which may be needed to enable Manager to maintain such minimum cash balances. In addition, during the Term hereof, Owner shall at all times maintain a minimum balance in the Regent Account of $80,000.