Examples of Operating Expense Account in a sentence
KSM shall use the funds in the Operating Expense Account to pay the Operating Expenses of the Course.
The balance (the actual payment of the monthly required Operating Expenses, less County's Maximum Monthly Contribution) remains the sole financial responsibility of the Tenant Tenant shall notify the County in writing at , of the necessity to replenish the Operating Expense Account and County agrees to fund the required replenishment of the Operating Expense Account within 30 days of receipt of Xxxxxx’s request.
KSM shall use the funds in the Operating Expense Account to pay the Operating Expenses of the Golf Courses.
On a regular basis, but no less frequently than on a monthly basis on the first day of each month of the term hereof, Tenant shall pay to, or deposit into the Operating Expense Account, an amount no less than Tenant's Share of actual Operating Expenses incurred, with a minimum balance of 1.5 times the Tenant's Estimated Monthly Contribution to be maintained by Tenant in the Operating Expense Account at all times.
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