Common use of Annual Management Plan Clause in Contracts

Annual Management Plan. No later than December 1st of each year, or such other date specified in a written notice from FNF to the Manager, the Manager shall submit to FNF, for FNF’s written approval, proposed budgets and operating plans (the “Annual Management Plan”) for the Property, setting forth in such detail as may be requested by FNF the estimated expense of the Property for the next fiscal year, including, without limitation, the amount of real estate taxes, assessments, and maintenance and other expenses relating to the Property, whether for operations or capital improvements, and a description of the services to be provided hereunder by the Manager during next fiscal year. The Manager shall provide such other financial data and other information as may reasonably be requested by FNF. FNF reserves the right to reject, amend or modify the Annual Management Plans as FNF may reasonably deem appropriate.

Annual Management Plan. No later than December 1st of each year, or such other date specified in a written notice from FNF to the Manager, the Manager shall submit to FNF, for FNF’s 's written approval, proposed budgets and operating plans (the “"Annual Management Plan”") for the Property, setting forth in such detail as may be requested by FNF the estimated expense of the Property for the next fiscal year, including, without limitation, the amount of real estate taxes, assessments, and maintenance and other expenses relating to the Property, whether for operations or capital improvements, and a description of the services to be provided hereunder by the Manager during next fiscal year. The Manager shall provide such other financial data and other information as may reasonably be requested by FNF. FNF reserves the right to reject, amend or modify the Annual Management Plans as FNF may reasonably deem appropriate.