Common use of Manager’s Expenses Clause in Contracts

Manager’s Expenses. The supervisory services of Manager’s or its Affiliates’ Corporate Staff Employees rendered in connection with the Operation of the Hotel, other than Reimbursable Expenses, will be provided by Manager at its expense and not charged to the Operation of the Hotel or Owner. Except for this obligation, and unless specifically stated in this Agreement that Manager is to bear an expense, and that the expense is not to be charged to the Hotel or the Owner, Manager: (i) is not liable for any expenses, debts or liabilities for its own account; and (ii) is not obligated to advance any of its own funds with respect to the performance of its obligations under this Agreement and the Operation of the Hotel.

Appears in 4 contracts

Samples: Management Agreement, Management Agreement (Capital Lodging), Management Agreement (Capital Lodging)

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