Common use of No Guarantee of Profitability Clause in Contracts

No Guarantee of Profitability. Manager does not guarantee, and shall not be construed to have guaranteed, to Owner or any third party (including any mortgagee) that operation of the Facility will be profitable, but Manager shall use Manager's commercially reasonable, diligent, and good faith efforts to operate the Facility in as cost-efficient and profitable a manner as possible in light of all of the circumstances then-existing.

Appears in 2 contracts

Samples: Management Services Agreement (Emeritus Corp\wa\), Management Services Agreement (Emeritus Corp\wa\)

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No Guarantee of Profitability. Manager does not guarantee, and shall not be construed to have guaranteed, to Owner or any third party (including any mortgagee) that operation of the Facility will be profitable, but Manager shall use Manager's ' s commercially reasonable, diligent, and good faith efforts to operate the Facility in as cost-efficient and profitable a manner as possible in light of all of the circumstances then-existing.

Appears in 1 contract

Samples: Management Services Agreement (Emeritus Corp\wa\)

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No Guarantee of Profitability. Manager does not guarantee, and shall not be construed to have guaranteed, to Owner or any third party (including any mortgagee) that operation of the Facility will be profitable, but Manager shall use Manager's commercially reasonable, diligent, and good faith efforts to operate the Facility in as cost-efficient and profitable a manner as possible in light of all of the circumstances then-then- existing.

Appears in 1 contract

Samples: Management Services Agreement (Emeritus Corp\wa\)

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