Common use of Authority of Manager Clause in Contracts

Authority of Manager. On and after the Management Commencement Date, the Manager shall have the exclusive authority and duty to direct, supervise, manage and operate the Hotel in an efficient and economical manner and to determine the programs and policies to be followed in connection therewith, all in accordance with the provisions of this Agreement and the Annual Business Plan. Subject to the provisions of this Agreement and the Annual Business Plan, Manager shall have the discretion and control in all matters relating to the management and operation of the Hotel. Without limiting the generality of the foregoing, Manager shall have the authority and duty consistent with the Annual Business Plan to:

Appears in 10 contracts

Samples: Hotel Management Agreement (Moody National REIT I, Inc.), Hotel Management Agreement (Moody National REIT II, Inc.), Hotel Management Agreement (Moody National REIT I, Inc.)

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Authority of Manager. On and after the Management Commencement Date, the Manager shall have the exclusive authority and duty to direct, supervise, manage and operate the Hotel in an efficient and economical manner and to determine the programs and policies to be followed in connection therewith, all in accordance with the provisions of this Agreement and the approved Annual Business PlanPlan (or the Annual Business Plan being used pursuant to Article VIII hereof). Subject to the provisions of this Agreement and the Annual Business Plan, Manager shall have the discretion and control in all matters relating to the management and operation of the Hotel. Without limiting the generality of the foregoingAgreement, Manager shall have the authority and duty consistent with the Annual Business Plan to:

Appears in 1 contract

Samples: Management Agreement (American Realty Capital Hospitality Trust, Inc.)

Authority of Manager. On and after the Management Commencement Date, the Manager shall have the exclusive authority and duty to direct, supervise, manage and operate the Hotel in an efficient and economical manner and to determine the programs and policies to be followed in connection therewith, all in accordance with the provisions of this Agreement, the Franchise Agreement and the approved Annual Business PlanPlan (or the Annual Business Plan being used pursuant to Article VIII hereof) subject to any permitted variances from such Annual Business Plan contemplated in Section 8.4 below. Subject to the provisions of this Agreement and the Annual Business Plan, Manager shall have the discretion and control in all matters relating to the management and operation of the Hotel. Without limiting the generality of the foregoingAgreement, Manager shall have the authority and duty consistent with the Annual Business Plan to:

Appears in 1 contract

Samples: Management Agreement (American Realty Capital Hospitality Trust, Inc.)

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Authority of Manager. On and after the Management Commencement Date, the Manager shall have the exclusive authority and duty to direct, supervise, manage and operate the Hotel Hotels in an efficient and economical manner and to determine the programs and policies to be followed in connection therewith, all in accordance with the provisions of this Agreement and the approved Annual Business PlanPlan (or the Annual Business Plan being used pursuant to Section 8.2 hereof). Subject to the provisions of this Agreement and the Annual Business PlanAgreement, Manager shall have the discretion and absolute control in all matters relating to the management and operation of the HotelHotels. Without limiting the generality of the foregoing, Manager shall have the authority and duty consistent with the Annual Business Plan to:

Appears in 1 contract

Samples: Master Management Agreement (Equity Inns Inc)

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