REPRESENTATIONS OF MANAGER. The Manager represents, warrants and agrees that:
REPRESENTATIONS OF MANAGER. Manager represents and warrants as follows:
REPRESENTATIONS OF MANAGER. Manager hereby represents that it:
REPRESENTATIONS OF MANAGER. Manager represents that it is experienced and capable in the planning, decorating, furnishing, equipping, promoting, management, and operation of hotels, and Manager covenants and agrees to manage and operate the Hotel and to protect and preserve the assets that comprise the Hotel. Manager covenants and agrees to manage and operate the Hotel in accordance with the standards and specifications set forth in the Franchise Agreement for the Hotel, so long as Owner provides sufficient capital to enable Manager to operate the Hotel in good standing under the Franchise Agreement, and in accordance with the Annual Business Plan. Manager represents and acknowledges that as of the Management Commencement Date Manager will cause the Hotel to be adequately staffed and capable of operating.
REPRESENTATIONS OF MANAGER. Manager represents and warrants that this Agreement has been duly authorized, executed and delivered by Manager and is its valid and binding obligation.
REPRESENTATIONS OF MANAGER. In order to induce Owner to enter into this Agreement, Manager does hereby make the following representations and warranties:
REPRESENTATIONS OF MANAGER. Manager hereby represents to CMHC as follows:
REPRESENTATIONS OF MANAGER. Manager represents and warrants to Skyline and the Agent that:
REPRESENTATIONS OF MANAGER. (a) Manager shall use its best judgment and efforts in rendering the advice and services to the Funds as contemplated by this Agreement.
REPRESENTATIONS OF MANAGER. Manager represents and warrants that (i) this Agreement has been duly authorized, executed and delivered by Manager and is its valid and binding obligation, (ii) it is registered with the United States Securities Exchange Commission ("SEC") as an investment advisor under the Advisors Act, and (iii) that it has all other licenses and registrations necessary to perform its obligations under this Agreement.
