Common use of Expenses per Budget Clause in Contracts

Expenses per Budget. To the extent set forth in the most recent budget approved by Owner, and without further consent of Owner, Management/Consultant will (i) pay all utilities and other expenses incurred in the ordinary course of managing the Property and (ii) supervise and purchase, or arrange for the purchase, in an economical manner, all of the inventories, provisions, supplies and operation equipment that in the normal course of business are necessary and proper to maintain and operate the Property. Owner shall be credited with the full amount of any discount or commission obtained by Management/Consultant in connection with any such purchase.