Management of the Hotels. A. Manager shall manage and operate the Hotels in an efficient and economical manner consistent with the prevailing standards in other hotels in the System, including all activities in connection therewith which are customary and usual to such an operation. Manager shall, in connection with the Hotels and in accordance with the System Standards and the terms of this Agreement, perform each of the following functions (provided that in all cases, except as otherwise set forth in this Agreement, the costs and expenses of performing such functions shall be Deductions):
Appears in 5 contracts
Samples: Management Agreement (Service Properties Trust), Management Agreement (Service Properties Trust), Management Agreement (Service Properties Trust)
Management of the Hotels. A. Manager shall manage and operate the Hotels in an efficient and economical manner consistent with the standards prevailing standards in other hotels in the System, including all activities in connection therewith which are customary and usual to such an operationoperation (all of the foregoing, the “Operating Standards”). Manager shall, in connection with the Hotels and in accordance with the System Standards, the Operating Standards and the terms of this Agreement, perform each of the following functions (provided that in all cases, except as otherwise set forth in this Agreement, the costs and expenses of performing such functions shall be Deductions):
Appears in 1 contract
Samples: Management Agreement (Hospitality Properties Trust)
Management of the Hotels. A. Manager shall manage and operate the Hotels in an efficient and economical manner consistent with the standards prevailing standards in other hotels in the System, including all activities in connection therewith which are customary and usual to such an operationoperation (all of the foregoing, the "Operating Standards"). Manager shall, in connection with the Hotels and in accordance with the System Standards, the Operating Standards and the terms of this Agreement, perform each of the following functions (provided that in all cases, except as otherwise set forth in this Agreement, the costs and expenses of performing such functions shall be Deductions):
Appears in 1 contract
Samples: Management Agreement (Hospitality Properties Trust)