Common use of Working Capital Reserves Clause in Contracts

Working Capital Reserves. At all times from and after the date hereof, the Managing Member may cause the Company to establish and maintain working capital reserves in such amounts as the Managing Member, in its sole and absolute discretion, deems appropriate and reasonable from time to time.

Appears in 13 contracts

Samples: Limited Liability Company Agreement (Sunstone Hotel Investors, Inc.), Limited Liability Company Agreement (Sunstone Hotel Investors, Inc.), Limited Liability Company Agreement (Sunstone Hotel Investors, Inc.)

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Working Capital Reserves. At all times on and from and after the date hereof, the Managing Member may cause the Company to establish and maintain working capital reserves in such amounts as the Managing Member, in its sole and absolute reasonable discretion, deems appropriate and reasonable from time to time.

Appears in 1 contract

Samples: Fourth Amended And (Developers Diversified Realty Corp)

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Working Capital Reserves. At all times from and after the date hereof, the Managing Member may cause the Company to establish and maintain working capital reserves in such amounts as the Managing Member, in its sole and absolute discretion, reasonably deems appropriate and reasonable from time to time.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Morgans Hotel Group Co.)

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