Common use of Owner Meetings Clause in Contracts

Owner Meetings. The Hotel's general manager shall meet with Owner's Representative as hereinafter defined in Section 4.01(viii) quarterly to review and discuss the previous and future month's operating statement, cash flow, budget, capital expenditures, important personnel matters and the general concerns of Owner and Manager. In addition, a representative of Manager's corporate staff shall meet with Owner's Representative quarterly to review and discuss the previous and future quarter's operating statement, cash flow, budget, capital expenditures, important personnel matters and the general concerns of Owner and Manager. Except to the extent otherwise mutually agreed upon by Owner and Manager, the quarterly meetings described in this clause (xiv) shall be held at the Hotel;

Appears in 10 contracts

Samples: Management Agreement (Apple Suites Inc), Management Agreement (Apple Suites Inc), Management Agreement (Apple Suites Inc)

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Owner Meetings. The Hotel's general manager shall meet with Owner's -------------- Representative as hereinafter defined in Section 4.01(viii) quarterly to review and discuss the previous and future month's operating statement, cash flow, budget, capital expenditures, important personnel matters and the general concerns of Owner and Manager. In addition, a representative of Manager's corporate staff shall meet with Owner's Representative quarterly to review and discuss the previous and future quarter's operating statement, cash flow, budget, capital expenditures, important personnel matters and the general concerns of Owner and Manager. Except to the extent otherwise mutually agreed upon by Owner and Manager, the quarterly meetings described in this clause (xiv) shall be held at the Hotel;

Appears in 3 contracts

Samples: Management Agreement (Apple Suites Inc), Management Agreement (Apple Suites Inc), Management Agreement (Apple Suites Inc)

Owner Meetings. The Hotel's general manager shall meet with -------------- Owner's Representative as hereinafter defined in Section 4.01(viii) quarterly to review and discuss the previous and future month's operating statement, cash flow, budget, capital expenditures, important personnel matters and the general concerns of Owner and Manager. In addition, a representative of Manager's corporate staff shall meet with Owner's Representative quarterly to review and discuss the previous and future quarter's operating statement, cash flow, budget, capital expenditures, important personnel matters and the general concerns of Owner and Manager. Except to the extent otherwise mutually agreed upon by Owner and Manager, the quarterly meetings described in this clause (xiv) shall be held at the Hotel;

Appears in 1 contract

Samples: Management Agreement (Apple Suites Inc)

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Owner Meetings. The Hotel's general manager shall meet with Owner's Representative (as hereinafter defined in Section 4.01(viii4.01(vii)) quarterly to review and discuss the previous and future month's operating statement, cash flow, budget, capital expenditures, important personnel matters and the general concerns of Owner and Manager. In addition, a representative of Manager's corporate staff shall meet with Owner's Representative quarterly to review and discuss the previous and future quarter's operating statement, cash flow, budget, capital expenditures, important personnel matters and the general concerns of Owner and Manager. Except to the extent otherwise mutually agreed upon by Owner and Manager, the quarterly meetings described in this clause (xivxiii) shall be held at the Hotel;

Appears in 1 contract

Samples: Management Agreement (Apple Hospitality Five Inc)

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