Pooling of Working Capital and Gross Revenues. The parties agree that so long as a Facility is subject to this Agreement, all Working Capital and all Gross Revenues of such Facility shall be pooled pursuant to this Agreement and disbursed to pay all Aggregate Facility Expenses, fees and other amounts due Manager and TRSes (not including amounts due pursuant to Section 15.05 of the Management Agreements) with respect to the Facilities and that the corresponding provisions of each Management Agreement shall be superseded as provided in
Appears in 11 contracts
Samples: Pooling Agreement (Five Star Quality Care, Inc.), Pooling Agreement (Senior Housing Properties Trust), Pooling Agreement (Five Star Quality Care Inc)
