Cost and Expense. A. Insurance premiums and any costs or expenses with respect to the insurance described in Section 12.01 shall be Operating Expenses in determining Operating Profit.
Appears in 7 contracts
Samples: Management Agreement (American Realty Capital Hospitality Trust, Inc.), Management Agreement (American Realty Capital Hospitality Trust, Inc.), Management Agreement (American Realty Capital Hospitality Trust, Inc.)
Cost and Expense. A. Insurance premiums and any costs or expenses with respect to the insurance described in Section 12.01 shall be Operating Expenses treated as Deductions in determining Operating Profit.
Appears in 5 contracts
Samples: Management Agreement (Eagle Hospitality Properties Trust, Inc.), Management Agreement (Highland Hospitality Corp), Management Agreement (Highland Hospitality Corp)
Cost and Expense. A. Insurance premiums and any costs or expenses with respect to the insurance described in Section 12.01 shall be Operating Expenses Deductions in determining Operating Profit.
Appears in 1 contract
