Matters to be Submitted to Arbitration. In the case of a dispute with respect to any of the following matters, either party may submit such matter to arbitration which shall be conducted by the Accountants (as hereinafter defined in Subsection 12.04.2): (a) computation of the Management Fee; (b) reimbursements due to Manager under the provisions of Section 4.07; (c) any adjustment in dollar amounts of insurance coverages required to be maintained; and (d) any dispute concerning the approval of a Operating Budgets or a Capital Budget.
Appears in 3 contracts
Samples: Management Agreement (Equity Inns Inc), Management Agreement (Equity Inns Inc), Management Agreement (Equity Inns Inc)
Matters to be Submitted to Arbitration. In the case of a dispute -------------------------------------- with respect to any of the following matters, either party may submit such matter to arbitration which shall be conducted by the Accountants (as hereinafter defined in Subsection 12.04.2):
Section 9.2(b) below): (ai) computation Computation of the Management FeeFees;
(b) reimbursements due to Manager under the provisions of Section 4.07;
(c) any adjustment in dollar amounts of insurance coverages required to be maintained; and
(d) any dispute concerning the approval of a Operating Budgets or a Capital Budget.
Appears in 1 contract
Samples: Master Alliance Agreement (American General Hospitality Corp)
Matters to be Submitted to Arbitration. In the case of a dispute with respect to any of the following matters, either party may submit such matter to arbitration which shall be conducted by the Accountants (as hereinafter defined in Subsection 12.04.2):
(a) computation of the Base Management Fee;
(b) reimbursements due to Manager under the provisions of Section 4.07;
(c) any adjustment in dollar amounts of insurance coverages required to be maintained; and
(d) any dispute concerning the approval of a Operating Budgets or a Capital Budget.
Appears in 1 contract
Samples: Management Agreement (American Realty Capital Hospitality Trust, Inc.)