Common use of Deviations from Annual Business Plan Clause in Contracts

Deviations from Annual Business Plan. Manager shall diligently pursue all feasible measures to enable the Hotels to adhere to the Annual Business Plan. To the extent ascertainable in advance, Manager shall notify Lessee of any projected material variance from the Annual Business Plan. Notwithstanding anything herein to the contrary, Manager is not warranting or guaranteeing in any respect that the actual operating results of the Hotels during the period covered by the Annual Business Plan will not materially vary from the projections described in the Annual Business Plan.

Appears in 8 contracts

Samples: Management Agreement (ESH Hospitality, Inc.), Management Agreement (Extended Stay America, Inc.), Management Agreement (ESH Hospitality, Inc.)

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Deviations from Annual Business Plan. Manager The Management Parties shall diligently pursue all feasible measures to enable the Hotels to adhere to the Annual Business Plan. To the extent ascertainable in advance, Manager the Management Parties shall notify Lessee of any projected material variance from the Annual Business Plan. Notwithstanding anything herein to the contrary, Manager the Management Parties is not warranting or guaranteeing in any respect that the actual operating results of the Hotels during the period covered by the Annual Business Plan will not materially vary from the projections described in the Annual Business Plan.

Appears in 3 contracts

Samples: Management Agreement (ESH Hospitality, Inc.), Management Agreement (ESH Hospitality, Inc.), Management Agreement (ESH Hospitality LLC)

Deviations from Annual Business Plan. Manager shall diligently pursue all feasible measures to enable the Hotels to adhere to the Annual Business Plan. To the extent ascertainable in advance, Manager shall notify Lessee of any projected material variance from the Annual Business Plan. Notwithstanding anything herein to the contrary, Manager is not warranting or guaranteeing in any respect that the actual operating results of the Hotels during the period covered by the Annual Business Plan will not materially vary from the projections described in the Annual Business Plan. However, the Manager will provide explanations for all significant variances and programs put in place to correct or improve situations that deviate from the original plan.

Appears in 1 contract

Samples: Master Management Agreement (Equity Inns Inc)

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Deviations from Annual Business Plan. Manager The Management Parties shall diligently pursue all feasible measures to enable the Hotels to adhere to the Annual Business Plan. To the extent ascertainable in advance, Manager the Management Parties shall notify Lessee of any projected material variance from the Annual Business Plan. Notwithstanding anything herein to the contrary, Manager is the Management Parties are not warranting or guaranteeing in any respect that the actual operating results of the Hotels during the period covered by the Annual Business Plan will not materially vary from the projections described in the Annual Business Plan.

Appears in 1 contract

Samples: Management Agreement (ESH Hospitality LLC)

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