Items to be Paid from Reserves. A. To the extent funds are in the applicable Reserves for each Hotel or such funds are provided by Tenant or Landlord under Section 5.07 hereof, Manager shall promptly make or cause to be made, all of the items listed in Section 5.03.B below as are necessary to comply with Manager’s obligations under Section 5.01 hereof. The cost of such items shall be paid from the applicable Reserve and not from Gross Revenues of a Hotel.
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Samples: Management Agreement (Service Properties Trust), Management Agreement (Service Properties Trust), Management Agreement (Service Properties Trust)
Items to be Paid from Reserves. A. To the extent funds are in the applicable Reserves for each Hotel or such funds are provided by Tenant or Landlord under Section 5.07 hereof, Manager shall promptly make or cause to be made, all of the items listed in Section 5.03.B below as are necessary to comply with Manager’s 's obligations under Section 5.01 hereof. The cost of such items shall be paid from the applicable Reserve and not from Gross Revenues of a Hotel.
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Samples: Management Agreement (Hospitality Properties Trust)
Items to be Paid from Reserves. A. To the extent funds are in the applicable Reserves for each the Hotel or such funds are provided by Tenant or Landlord under Section 5.07 hereof, Manager shall promptly make or cause to be made, all of the items listed in Section 5.03.B below as are necessary to comply with Manager’s obligations under Section 5.01 hereof. The cost of such items shall be paid from the applicable Reserve and not from Gross Revenues of a the Hotel.
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