Common use of Withdrawal by Owner Clause in Contracts

Withdrawal by Owner. From time to time, Owner may withdraw the then accumulated operating cash surplus (as determined by Manager) from the Facility Checking Account subject to the right of Manager to restrict withdrawal by Owner of any Facility funds in accordance with the provisions of Paragraph 8.2, below.

Appears in 3 contracts

Samples: Management Services Agreement (Emeritus Corp\wa\), Management Services Agreement (Emeritus Corp\wa\), Management Services Agreement (Emeritus Corp\wa\)

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Withdrawal by Owner. From time to time, Owner may withdraw the then then-accumulated operating cash surplus (as determined by Manager) from the Facility Checking Account subject to the right of Manager to restrict withdrawal by Owner of any Facility funds in accordance with the provisions of Paragraph 8.2, below.

Appears in 1 contract

Samples: Management Services Agreement (Emeritus Corp\wa\)

Withdrawal by Owner. From time to time, Owner may withdraw the then accumulated operating cash surplus (as determined by Manager) from fRom the Facility Checking Account subject to the right of Manager to restrict withdrawal by Owner of any Facility funds in accordance with the provisions of Paragraph 8.2, below.

Appears in 1 contract

Samples: Management Services Agreement (Emeritus Corp\wa\)

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Withdrawal by Owner. From time to time, Owner may withdraw the then accumulated thenaccumulated operating cash surplus (as determined by Manager) from the Facility Checking Account subject to the right of Manager to restrict withdrawal by Owner of any Facility funds in accordance accorda.iice with the provisions of Paragraph 8.2, below.

Appears in 1 contract

Samples: Management Services Agreement (Emeritus Corp\wa\)

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