Common use of Chain Services Clause in Contracts

Chain Services. Management Company will, during the term of this Agreement, cause to be furnished to each Inn certain services ("Chain Services") which are furnished generally on a central or regional basis to all Fairfield Inn properties in the Fairfield Inn chain which are managed by Management Company or any Marriott Affiliate and which benefit each such Fairfield Inn property as a participant in the Fairfield Inn system. Chain Services shall include: (i) development and operation of computer systems; (ii) computer payroll services; (iii) accounting services supporting Fairfield Inn properties managed or operated by Management Company or any Marriott Affiliate; (iv) regional engineering support; and (v) such additional central or regional services as may from time to time be furnished for the benefit of inns in the Fairfield Inn system or in substitution for services now performed at individual inns which may be more efficiently performed on a group basis. Costs and expenses incurred in the provision of such services shall be allocated on the basis of relative Gross Revenues for the most recently concluded Fiscal Year for all Fairfield Inn properties owned, leased or managed by Management Company or a Marriott Affiliate in the United States receiving the same.

Appears in 2 contracts

Sources: Management Agreement (Fairfield Inn by Marriott LTD Partnership), Management Agreement (Fairfield Inn by Marriott LTD Partnership)