Common use of Provision of Certain Services Clause in Contracts

Provision of Certain Services. (a) During the term of this Agreement, the OPCO Parties shall provide the MSH Parties with such administrative, corporate, accounting, financial, insurance, legal, tax, data processing, human resources and operational services as the MSH Parties shall from time to time reasonably request. (b) The MSH Parties shall compensate the OPCO Parties for the services provided to the MSH Parties under this Section 5 in an amount determined in good faith by the OPCO Parties as the amount an unaffiliated third party would charge the MSH Parties for comparable services and shall reimburse the OPCO Parties for certain costs incurred and paid to third parties on behalf of the MSH Parties. The OPCO Parties shall, on a monthly basis, provide the MSH Parties with a statement setting forth its charges for such services and the MSH Parties shall pay all undisputed charges within ten days of the receipt by the MSH Parties of such monthly statement.

Appears in 4 contracts

Samples: Merger Agreement (Capstar Hotel Co), Agreement and Plan of Merger (American General Hospitality Corp), Intercompany Agreement (Meristar Hospitality Corp)

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