Examples of Operating Account in a sentence
On the fifth (5th) day of each month during the term of this Agreement, Manager shall be paid out of the Operating Account, the Base Management Fee for the preceding Accounting Period, as determined from the books and records referred to in Article XV.
Until otherwise prescribed by Xxxxxx in writing, the Operating Account shall be under the control of Manager, without prejudice, however, to Manager’s obligation to account to Xxxxxx as and when provided herein.
The Park Ridge Board of Education approves the use of facsimile signatures of the Board President for the Operating Account.
Currently, there is $39,286.40 in the Operating Account and$153,035.22 in the Reserve Account, for total assets of $192,321.62.
Operator may transfer funds from the Healthcare Facility Operating Account to one or more central disbursement or other accounts (which need not be in the name of Operator) in which such funds are commingled with other funds, provided that a complete and accurate accounting of such funds (including deposits and disbursements ) is maintained.