Appointment of Management Company. 2.01 Appointment ----------- Owner hereby appoints and employs Management Company as Owner's exclusive agent to supervise, direct and control the management and operation of the Inn for the Term provided in Article IV. Management Company accepts said appointment and agrees to manage the Inn during the Term of this Agreement in accordance with the terms and conditions hereinafter set forth. The performance of all activities by Management Company hereunder shall be for the account of Owner.
Appointment of Management Company. 2.01 Appointment....................................................... 2.02
Appointment of Management Company. 2.01 Appointment ----------- Owner hereby appoints and employs Management Company as Owner's exclusive agent to supervise, direct and control the management and operation of the Inns for the term provided in Article IV. Management Company accepts said appointment and agrees to manage the Inns as Fairfield Inns during their respective Inn Terms and in accordance with the terms and conditions hereinafter set forth. The performance of all activities by Management Company hereunder shall be for the account of Owner. Management Company may not delegate its duties hereunder except to a Marriott Affiliate which satisfies the requirements of Section 18.01 A 1 hereof. Management Company represents and warrants that it possesses the resources necessary to fulfill its obligations under this Agreement. Marriott covenants that it and/or Marriott Affiliates will make available to Management Company any and all resources possessed by Marriott and/or Marriott Affiliates, but not otherwise possessed by Management Company, necessary for Management Company to fulfill its obligations hereunder.
Appointment of Management Company. 2.01 Termination of Operating Lease...................................23 2.02 Appointment......................................................23 2.03
Appointment of Management Company. 2.01 Appointment ----------- Owner and Management Company intend to, and hereby do, terminate the Prior Operating Lease, waive all obligations therein relating to termination thereof, and enter into this Agreement in complete replacement thereof, all effective immediately upon the Effective Date of this Agreement. Owner hereby appoints and employs Management Company as Owner's exclusive independent contractor to supervise, direct and control the management and operation of the Hotel for the Term provided in Article IV. Management Company accepts said appointment and agrees to manage the Hotel during the Term of this Agreement in accordance with the terms and conditions hereinafter set forth. The performance of all activities by Management Company hereunder shall be for the account of Owner.
Appointment of Management Company. 2.01 Appointment------------------------------------ 18 2.02 Delegation of Authority------------------------ 18 2.03 Operational Standards-------------------------- 19 2.04 Limitations on Authority----------------------- 24
Appointment of Management Company. 1.01 Appointment 1 1.02 Delegation of Authority 1 1.03 No Covenants or Restrictions 2 1.04 Representations of Management Company 2
Appointment of Management Company. 27 2.1 Appointment ...................................................... 27 2.2
Appointment of Management Company. 2.01 Appointment 2.02 Delegation of Authority 2.03 Operational Standards 2.04 Limitations on Authority 2.05 Covenants, Conditions or Restrictions 2.06 Licenses and Permits
Appointment of Management Company. The Management Company hereby undertakes and agrees, upon the terms and conditions herein set forth, to provide overall investment advisory services for the Fund and in connection therewith to, in accordance with the Fund’s investment objective, policies and restrictions as in effect from time to time:
