Common use of Obligation to Provide Additional Reserve Funds Clause in Contracts

Obligation to Provide Additional Reserve Funds. A. Notwithstanding anything contained herein to the contrary, no expenditures in excess of the applicable Reserves shall be made without the approval of Tenant during the last two (2) years of a Lease Term (unless Tenant has exercised its rights for a renewal term under the Lease) except those required by reason of or under any Insurance Requirement or Legal Requirement, or otherwise required for the continued safe and orderly operation of each Hotel.

Obligation to Provide Additional Reserve Funds. A. Notwithstanding anything contained any provision herein to the contrary, no expenditures in excess of the applicable Reserves shall be made without the approval of the Tenant during the last two (2) years of a Lease Term (unless Tenant has exercised its rights for a renewal term under the LeaseRenewal Term) except those required by reason of or under any Insurance Requirement or Legal Requirement, or otherwise required for the continued safe and orderly operation of each Hotel.

Obligation to Provide Additional Reserve Funds. A. Notwithstanding anything contained herein to the contrary, no expenditures in excess of the applicable Reserves shall be made without the approval of the Tenant during the last two (2) years of a Lease Term (unless Tenant has exercised its rights for a renewal term under the Lease) except those required by reason of or under any Insurance Requirement or Legal Requirement, or otherwise required for the continued safe and orderly operation of each Hotel.

Obligation to Provide Additional Reserve Funds. A. Notwithstanding anything contained herein to the contrary, no expenditures in excess of the applicable Reserves shall be made without the approval of Tenant during the last two (2) years of a Lease Term (unless Tenant has exercised its rights for a renewal term under the applicable Lease) except those required by reason of or under any Insurance Requirement or Legal Requirement, or otherwise required for the continued safe and orderly operation of each Hotel.

Obligation to Provide Additional Reserve Funds. A. Notwithstanding anything contained herein to the contrary, no expenditures in excess of the applicable Reserves shall be made without the approval of Tenant during the last two (2) years of a Lease Term (unless Tenant has exercised its rights for a renewal term under the Lease) except those required by reason of or under any Insurance Requirement or Legal Requirement, or otherwise required for the continued safe and orderly operation of each the Hotel.