Facility Operations. (a) No Guarantee of Profitability. Manager does not guarantee that operation of the Facility will be profitable.
Appears in 2 contracts
Samples: Management Agreement (Brookdale Living Communities Inc), Management Agreement (Brookdale Living Communities Inc)
Facility Operations. (a) No Guarantee of Profitability. Manager does not guarantee that operation of the Facility will be profitable, but Manager shall use its best efforts to operate the Facility in as cost effective and profitable a manner as reasonably possible consistent with maintaining operations in accordance with the senior and assisted living industry's then prevailing standards in the geographic area in which the Facility is located.
Appears in 1 contract
Samples: Management Agreement (Brookdale Living Communities Inc)
Facility Operations. (a) A. No Guarantee of Profitability. : Manager does not guarantee that operation of the Facility will be profitable., but Manager shall use its best efforts to operate the Facility in as cost efficient and profitable a manner as possible. B.
Appears in 1 contract
Samples: Emeritus Corp\wa\
