Management of Condominium. Owner, or an Affiliate of Owner, may cause the Condominium Association to enter into a management agreement with an unaffiliated third-party manager (the “Association Management Agreement”) for the management of the governance and administrative matters of the Condominium Association.
Management of Condominium. Owner and Operator acknowledge that there can be a benefit to the Hotel and the Project in having integrated management of the Hotel, the Project Association, the Club Committee and the provision of services and amenities to Club Unit Owners. In this regard, Owner and Operator acknowledge that, as referenced in the New HSA, an Affiliate of Operator has been engaged by the Project Association to provide certain condominium and club services with respect to the condominium, the Club Project and/or the Club Unit Owners, and that such Affiliate of Operator has in turn engaged Operator as a sub-manager to such Affiliate of Operator pursuant to the New HSA for the provision of certain on-site support as more specifically set forth in the New HSA. Operator and its Affiliate may sub-contract, in whole or in part, its duties under any condominium or club services agreement, including the New HSA. For so long as Operator Operates the Hotel and an Affiliate of Operator is willing to provide such services, (i) Owner shall support and cause its representatives to support the engagement of Operator or its Affiliate as the association and services manager on substantially the same terms as currently provided under the existing Project Association condominium and club services agreements referenced in the New HSA, and (ii) Operator shall cause such Affiliate of Operator to continue its management of the condominium’s Project Association and the provision of services to Club Unit Owners and the Project Association. At such time as such Affiliate of Operator has ceased its management of the Project Association without replacement by another Affiliate or another entity having national or regional arrangement with Starwood, Operator shall, to the extent the New HSA does not automatically terminate, terminate the New HSA in accordance with the terms thereof. Further, at such time as Operator ceases to Operate the Hotel pursuant to this Agreement or any replacement agreement, Owner shall exercise such rights as it may have to cause the Association, and Operator shall cause such Affiliate, to terminate such Affiliate’s agreements with the Project Association as referenced in the New HSA.
