Common use of Requests for Funds Clause in Contracts

Requests for Funds. Property Manager may provide a written request to Operating Partnership with respect to funding the Trust Operating Accounts for the ensuing month to the extent reasonably required. Property Manager’s request shall describe and document any request for funds in excess of those anticipated in the Approved Budget.

Appears in 5 contracts

Sources: Revolving Credit Agreement (Silver Bay Realty Trust Corp.), Property Management Agreement (Silver Bay Realty Trust Corp.), Property Management Agreement (Silver Bay Realty Trust Corp.)

Requests for Funds. Property Manager may provide a written request to Operating Partnership Owner with respect to funding the Trust Operating Accounts for the ensuing month to the extent reasonably required. Property Manager’s request shall describe and document any request for funds in excess of those anticipated in the Approved Budget.

Appears in 1 contract

Sources: Property Management Agreement