Common use of Approved Budgets Clause in Contracts

Approved Budgets. (a) By not later than August 31, 2013, and thereafter at least 120 days prior to the beginning of each fiscal year of Owner (which ends on December 31st of each year) (“Fiscal Year”), Manager shall prepare and submit to Owner for approval the following:

Appears in 2 contracts

Sources: Property Management and Leasing Agreement, Property Management and Leasing Agreement (CNL Healthcare Properties, Inc.)

Approved Budgets. (a) By not later than August 31September 30, 2013, and thereafter at least 120 days prior to the beginning of each fiscal year of Owner (which ends on December 31st of each year) (“Fiscal Year”), Manager shall prepare and submit to Owner for approval the following:

Appears in 1 contract

Sources: Property Management and Leasing Agreement (CNL Healthcare Properties, Inc.)