Appointment of Manager and Subsidiary. Owner hereby appoints Manager and Subsidiary during the term hereof as the exclusive rental manager for the Residence and Manager and Subsidiary hereby accept said appointment and undertake to perform all of the services and responsibilities set forth herein in such capacity and to comply with all provisions of this Agreement. The services and responsibilities established herein will be undertaken by Subsidiary either in its own name or through Manager or even through third parties. Manager’s and Xxxxxxxxxx’s performance hereunder shall be as independent contractors and not as an employee of Owner. Manager’s and Subsidiary’s agency shall not be deemed to be coupled with an interest in or to the Residence. Owner shall not employ or permit any other person or entity to engage in the procurement of Rental Guests or the management of the reservation process, nor shall Owner act as a rental manager for the Residence or provide similar services for the Residence or any other owner of a residence in the Project. Manager and Subsidiary shall make Owner’s Residence available for rent pursuant to the provisions of this Agreement. Owner acknowledges that (a) Manager and Subsidiary will be performing similar services for other owners of residences in the Project; (b) no inducements or representations of any kind have been made directly or indirectly to Owner by or on behalf of any operator of the Project, its agents or employees, as to any tax or other economic benefits or implications which may or may not be realized from owning and/or leasing the Residence as part of the rental program; (c) Owner has not been required to place the Residence in the rental program or to retain Manager, Subsidiary or any other designee of Project to rent the Residence to third parties, and Owner recognizes that it may choose or to not lease the Residence at all; (d) neither Manager, Subsidiary, nor any of its agents or employees (including any operator of the Project) makes, or has made, any guarantees or representations regarding rental income with respect to the rental of the Residence and/or participation in the rental program; (e) to the extent any sales agent, Manager, Subsidiary or representative of Project has made, suggested or permitted an inference with respect to, or implied any projection of, rate, occupancy, profit or loss in connection with the rental program, such information does not constitute a representation of Manager, Subsidiary or any operator of the Project or an...
Appointment of Manager and Subsidiary. Owner hereby appoints Manager and/or Subsidiary during the term hereof as the exclusive payment manager for the Property and Manager and/or Subsidiary hereby accept said appointment and undertake to perform all of the services and responsibilities set forth herein in such capacity and to comply with all provisions of this Agreement. 2.
Appointment of Manager and Subsidiary. Owner hereby appoints Manager and Subsidiary during the term hereof as the exclusive rental manager for the Residence and Manager and Subsidiary hereby accept said appointment and undertake to perform all of the services and responsibilities set forth herein in such capacity and to comply with all provisions of this Agreement. The services and responsibilities established herein will be undertaken by Subsidiary either in its own name or through Manager or even through third parties. Manager’s and Xxxxxxxxxx’s performance hereunder shall be as independent contractors and not as an employee of Owner. Manager’s and Subsidiary’s agency shall not be deemed to be coupled with an interest in or to the Residence. Owner shall not employ or permit any other person or entity to engage in the procurement of Rental Guests or the management of the reservation process, nor shall Owner act as a rental manager for the Residence or provide similar services for the Residence or any other owner of a residence in the Project. Manager and Subsidiary shall make Owner’s Residence available for rent pursuant to the provisions of this Agreement. Owner acknowledges that (a) Manager and Subsidiary will be performing similar services for other owners of residences in the Project; (b) no inducements or representations of any kind have been made directly or indirectly to Owner by or on behalf of any operator of the Project, its agents or employees, as to any tax or other economic benefits or implications which may or may not be maestro o de uno o más segmentos o regulaciones o estándares de acabados utilizados para operar o utilizados para promover la entidad generalmente aplicable al Proyecto.
