Owner to Have Access to Funds. Through the use of signature cards, authorized representatives of Owner shall be permitted access to any and all funds in the bank account described in Section 9.1. However, Owner and Owner's representative may not draw against said bank accounts without written communication to Manager. Manager's authority, and the authority of any designated representative of Manager, to draw against such accounts may be terminated at any time by Owner upon written notice to Manager.
Appears in 6 contracts
Samples: Management and Leasing Agreement (Hines Global Reit Ii, Inc.), Management and Leasing Agreement (Hines Global Reit Ii, Inc.), Management and Leasing Agreement (Hines Global REIT, Inc.)
Owner to Have Access to Funds. Through the use of signature cards, authorized representatives of Owner shall be permitted access to any and all funds in the bank account described in Section 9.1. However, Owner and Owner's ’s representative may not draw against said bank accounts without written communication to Manager. Manager's ’s authority, and the authority of any designated representative of Manager, to draw against such accounts may be terminated at any time by Owner upon written notice to Manager.
Appears in 2 contracts
Samples: Management and Leasing Agreement (Hines Real Estate Investment Trust Inc), Management and Leasing Agreement (Hines Real Estate Investment Trust Inc)
Owner to Have Access to Funds. Through the use of signature cards, authorized representatives of Owner shall be permitted access to any and all funds in the bank account accounts described in Section 9.1. However, Owner and Owner's ’s representative may not draw against said bank accounts without written communication to Manager. Manager's ’s authority, and the authority of any designated representative of Manager, to draw against such accounts may be terminated at any time by Owner upon written notice to Manager.
Appears in 1 contract
Samples: Management and Leasing Agreement (Hines Real Estate Investment Trust Inc)
