Common use of DW Representative Clause in Contracts

DW Representative. DW Member shall have the right to appoint a representative for the CityCenter Project (the “DW Representative”), the identity of whom shall be subject to the reasonable approval of Operator (not to be unreasonably withheld, conditioned or delayed). The DW Representative shall have the right to communicate with Operator on a daily basis, shall receive a copy of all written notices and reports as and when provided to Owner, to Operator and to executive officers of MGM MIRAGE, may attend monthly, quarterly and other material meetings with Operator relating to the operation of the Condo-Hotel or any material part thereof and shall have such other rights as customarily afforded asset managers of institutional real estate. DW Member may replace (subject to the reasonable approval of Operator) or dismiss the DW Representative at any time by giving written notice of such replacement or dismissal to Operator and Owner specifying a replacement DW Representative. DW Representative shall be restricted, to the same extent that DW Member or Owner would be restricted, from disclosing any information pertaining to the Condo-Hotel (or any component thereof) or MGM MIRAGE or its Affiliates, and DW Member shall cause the DW Representative to abide by such restriction. In addition, DW Member shall use good faith efforts to request that the DW Representative take no action that may materially interfere with, or interrupt, the operation or management of the Condo-Hotel by Operator. Operator shall provide office space to the DW Representative located at the Project and suitable to ease of administration and function in the exercise of the DW Representative’s duties.

Appears in 2 contracts

Sources: Operations Management Agreement, Condo Hotel Operations Management Agreement (CityCenter Holdings, LLC)