Common use of Withdrawals and Replenishing Deposit Clause in Contracts

Withdrawals and Replenishing Deposit. If the City or County draws on the Reserve Account or if the value of securities held in the Reserve Account decreases and the balance in the Reserve Account is less than the Annual Reimbursement Amount for the following year, ArenaCo will replenish the Reserve Account within 30 days.

Appears in 3 contracts

Samples: Labor Peace Agreement, Labor Peace Agreement, Sports and Entertainment Facility

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Withdrawals and Replenishing Deposit. If the City or County draws on the Reserve Account or if the value of securities held in the Reserve Account decreases and the balance in the Reserve Account is less than the Annual Reimbursement Amount for the following year, ArenaCo will replenish the Reserve Account within 30 days.. Guaranty

Appears in 1 contract

Samples: Labor Peace Agreement

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