Common use of Bookings Beyond Expiration of Term Clause in Contracts

Bookings Beyond Expiration of Term. Operator shall diligently discharge all its obligations under this Agreement during the whole of the Term, and in particular shall continue to advertise and promote the Hotel and actively seek and accept bookings notwithstanding that they are to occur after the expiration of the Term. Lessee shall be responsible on its own account for all costs, charges and commissions payable for bookings made by Operator in the ordinary course of business of the Hotel, which are for dates after the expiration of the Term.

Appears in 12 contracts

Samples: Purchase and Sale Agreement, Hotel Management Agreement (Condor Hospitality Trust, Inc.), Purchase and Sale Agreement (Condor Hospitality Trust, Inc.)

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Bookings Beyond Expiration of Term. Subject to the Approved Annual Plan and receipt of sufficient funds, Operator shall diligently discharge all its obligations under this Agreement during the whole of the Term, and in particular shall continue to advertise and promote the Hotel and actively seek and accept bookings notwithstanding that they are to occur after the expiration of the Term. Lessee shall be responsible on its own account for all costs, charges and commissions payable for bookings made by Operator in the ordinary course of business of the Hotel, which are for dates after the expiration of the Term.

Appears in 3 contracts

Samples: Hotel Management Agreement (Condor Hospitality Trust, Inc.), Hotel Management Agreement (Condor Hospitality Trust, Inc.), Hotel Management Agreement (Condor Hospitality Trust, Inc.)

Bookings Beyond Expiration of Term. Operator shall diligently discharge all its obligations under this Agreement during the whole of the Term, and in particular shall continue to advertise and promote the Hotel and actively seek and accept bookings notwithstanding that they are to occur after the expiration of the Term. Lessee Owner shall be responsible on its own account for all costs, charges and commissions payable for bookings made by Operator in the ordinary course of business of the Hotel, Hotel which are for dates after the expiration of the Term. Operator shall at all times fully co-operate with and explain all aspects of the business and operation of the Hotel to Owner or any persons authorized by Owner to allow Owner or such persons to successfully and efficiently conduct the business after the expiration of the Term.

Appears in 2 contracts

Samples: Management Agreement (Portsmouth Square Inc), Management Agreement (Intergroup Corp)

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Bookings Beyond Expiration of Term. Operator shall diligently discharge all its obligations under this Agreement during the whole of the Term, and in particular shall continue to advertise and promote the Hotel and actively seek and accept bookings notwithstanding that they are to occur after the expiration of the Term. Lessee Owner shall be responsible on its own account for all costs, charges and commissions payable for bookings made by Operator in the ordinary course of business of the Hotel, Hotel which are for dates after the expiration of the Term.

Appears in 1 contract

Samples: Hotel Management Agreement (Condor Hospitality Trust, Inc.)

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