Common use of Compliance with Annual Plan Clause in Contracts

Compliance with Annual Plan. Manager will use good faith reasonable efforts to comply with and operate the Hotel in accordance with the approved Annual Plan and will not incur any material additional expense or change materially the manner of operation of the Hotel without the written approval of Lessee unless an emergency occurs as provided in Section 3.06.

Appears in 2 contracts

Samples: Management Agreement (Equity Inns Inc), Management Agreement (Equity Inns Inc)

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Compliance with Annual Plan. Manager will use good faith reasonable efforts to comply with and operate the Hotel in accordance with the approved Annual Plan and will not incur any material additional expense or expense, nor shall Manager materially change materially the manner of operation of the Hotel Hotel, without the written approval of Lessee unless Lessee, except in the event of an emergency occurs as provided in Section 3.063.05 hereof.

Appears in 1 contract

Samples: Hotel Management Agreement (Chatham Lodging Trust)

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Compliance with Annual Plan. Manager will use good faith reasonable efforts to comply with and operate the Hotel in accordance with the approved Annual Plan and will not incur any material additional expense or change materially the manner of operation of the Hotel without the written approval of Lessee unless an emergency occurs as provided in Section 3.06Owner.

Appears in 1 contract

Samples: Management Agreement (Equity Inns Inc)

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