Common use of REBATES AND DISCOUNTS Clause in Contracts

REBATES AND DISCOUNTS. Because of its purchasing power derived through its operations of its proprietary hotels, its management of hotels, and its franchising of hotels, Manager may from time to time negotiate rebates and discounts from the vendors of certain products and services. Manager agrees that the portion of such rebates and discounts allocable to the Hotel will be passed on to the Lessee.

Appears in 2 contracts

Samples: Management Agreement (Equity Inns Inc), Management Agreement (Equity Inns Inc)

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REBATES AND DISCOUNTS. Because of its purchasing power derived through its operations of its proprietary hotelsoperations, its management of hotels, the Property and its management or franchising of other hotels, Manager and/or its Affiliates may from time to time negotiate rebates and discounts from the vendors of certain products and services. Manager agrees that the portion of such rebates and discounts allocable to the Hotel Property will be promptly passed on to the Lessee.

Appears in 1 contract

Samples: Management Agreement (Hersha Hospitality Trust)

REBATES AND DISCOUNTS. Because of its purchasing power derived through its operations of its proprietary own hotels, its management of hotels, the Hotel and its management or franchising of other hotels, Manager and/or its Affiliates may from time to time negotiate rebates and discounts from the vendors of certain products and services. Manager agrees that the portion of such rebates and discounts allocable to the Hotel will be promptly passed on to the LesseeOwner.

Appears in 1 contract

Samples: Hotel Management Agreement (Lodging Fund REIT III, Inc.)

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REBATES AND DISCOUNTS. Because of its purchasing power derived through its operations of its proprietary hotels, its management of hotels, and its franchising of hotels, Manager may from time to time negotiate rebates and discounts from the vendors of certain products and services. Manager agrees that the portion of such rebates and discounts allocable to the Hotel will be passed on to the LesseeOwner.

Appears in 1 contract

Samples: Management Agreement (Equity Inns Inc)

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