Withdrawals from Bank Accounts. Manager will designate the individuals who will have the authority to sign checks and other documents and instructions of withdrawal from the Operating Account and the Reserve Fund Account, provided such individuals are bonded or otherwise insured. Upon the termination or expiration of this Agreement, Manager will have no further rights to either of these accounts.
Appears in 4 contracts
Samples: Management Agreement, Management Agreement (Capital Lodging), Management Agreement (Capital Lodging)