Common use of Financial Risk Clause in Contracts

Financial Risk. Manager will act in a commercially reasonable manner to seek room rates and levels of use of the residences in the rental program comparable to units operated directly by Project operator for its own account reserved and occupied in the same periods. This does not guarantee that Owner will (a) receive any minimum amount of payments hereunder, or (b) receive rental income equivalent to that generated by any other residence in the rental program or the Project, or (c) receive rental income equal to or in excess of assessments or other costs associated with the Residence.

Appears in 5 contracts

Samples: Rental Management Agreement, Rental Management Agreement, Rental Management Agreement

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