Common use of Reserves — General Clause in Contracts

Reserves — General. The Company shall maintain and shall cause the Subsidiary Entities to maintain such reserves as are Approved by the Members or Approved by the Management Committee or set forth in the Approved Business Plans. The Members intend the Approved Business Plans to provide for the retention of sufficient amounts of cash on hand in the accounts of the Company and the Subsidiary Entities to pay reasonably anticipated costs and expenses for the applicable Archstone Residual Assets covered by such Approved Business Plans.

Reserves — General. The Company shall maintain and shall cause the Subsidiary Entities to maintain maintain, such reserves as are Approved by the Members or Approved by the Management Committee or set forth in the Approved Business PlansPlan. The Members intend the Approved Business Plans Plan to provide for the retention of sufficient amounts of cash on hand in the accounts of the Company and the Subsidiary Entities to pay reasonably anticipated costs and expenses for the applicable Archstone Residual Company Assets covered by such Approved Business PlansPlan.

Reserves — General. The Company shall maintain maintain, and shall cause the Subsidiary Entities to maintain maintain, such reserves as are Approved by the Members or Approved by the Management Committee or set forth or contemplated in the Approved Business PlansAnnual Budget. The In the Annual Budget, the Members intend the Approved Business Plans to may provide for the retention of sufficient amounts of cash on hand in the accounts of the Company and the Subsidiary Entities to pay reasonably anticipated costs and expenses for of the applicable Archstone Residual Assets covered by such Approved Business PlansCompany and the Subsidiary Entities to the extent mutually agreed.