Common use of Exclusive Compensation Clause in Contracts

Exclusive Compensation. The payments to be made to Manager hereunder shall be in lieu of all other or further compensation or commissions of any nature whatsoever for the services described herein and this Agreement shall be considered as a special agreement between the parties hereto covering the appointment and compensation of Manager to the exclusion of any other method of compensation unless otherwise agreed to in writing.

Appears in 20 contracts

Samples: Hotel Management Agreement, Hotel Management Agreement (Moody National REIT II, Inc.), Hotel Management Agreement (Moody National REIT II, Inc.)

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Exclusive Compensation. The payments to be made to Manager the Management Parties hereunder shall be in lieu of all other or further compensation or commissions of any nature whatsoever for the services described herein and this Agreement shall be considered as a special agreement between the parties hereto covering the appointment and compensation of Manager the Management Parties to the exclusion of any other method of compensation unless otherwise agreed to in writing.

Appears in 4 contracts

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

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