Operating Funds. From and after the Management Commencement Date, Lessee shall, if and as required, maintain cash in the Hotel Account (“Operating Funds”) sufficient in amount to enable Manager to properly manage and operate the Hotels.
Appears in 8 contracts
Samples: Management Agreement (ESH Hospitality, Inc.), Management Agreement (Extended Stay America, Inc.), Management Agreement (ESH Hospitality, Inc.)
Operating Funds. From and after the Management Commencement Date, Lessee shall, if and as required, maintain cash in the Hotel Account (“Operating Funds”) sufficient in amount to enable Manager the Management Parties to properly manage and operate the Hotels.
Appears in 4 contracts
Samples: Management Agreement (ESH Hospitality, Inc.), Management Agreement (ESH Hospitality, Inc.), Management Agreement (ESH Hospitality LLC)
