General Management Duties. Manager shall manage the Project in an efficient and businesslike manner having due regard for the age and physical condition of the Project. Manager, through its employees, independent contractors and subcontractors, shall supply complete operational services for the Project, provided that the nature and costs of such services are included in the then current Approved Budgets, and provided further that the cost of such services are comparable with general prevailing market conditions. Notwithstanding anything contained in this Agreement to the contrary and as reasonably requested by Owner, Manager shall perform its obligations under this Agreement in a manner which does not cause Owner to violate any of its obligations under Owner's organizational documents or any loan documents with Lenders; provided, however, (i) that Owner shall make all such documentation available to Manager for its review; and (ii) that such requests shall not materially increase Manager's obligations or its non-reimbursable expenses under this Agreement.
General Management Duties. Subject to the availability of funds provided under the Budget, Property Manager shall manage and operate the Property in a manner consistent with the management and operation of comparable properties, shall provide such services as are customarily provided by a manager of properties of comparable class and standing, and shall consult with Owner and keep Owner advised as to all material or extraordinary matters and decisions affecting the Property. Specifically, Property Manager shall, at Owner’s expense, perform the following services and duties for Owner in a faithful, diligent and efficient manner:
General Management Duties. Agent shall use diligence to manage and operate the Property in a professional manner, and shall consult with Owner and keep Owner advised as to all major or extraordinary matters and without limitation, at Owner's expense, perform the following services and duties for Owner in a faithful, diligent and efficient manner:
General Management Duties. Subject to the availability of funds provided under the Budget, the restrictions set forth in this Agreement and Owner’s right to terminate this Agreement as to any Property or all Properties, Property Manager shall manage and operate the business of the Properties (other than the Marketing and Ancillary Services (as defined in the Ancillary Services Agreement)) in a manner consistent with the management and operation of comparable properties and shall provide such services as are customarily provided by a manager of comparable properties (but shall not provide Marketing and Ancillary Services). Specifically, Property Manager shall, at Owner’s expense, have the sole and exclusive authority to perform, and shall perform (subject to the ultimate authority of Owner), the following services and duties for Owner in a faithful, diligent and efficient manner:
General Management Duties. Subject to the availability of funds provided under the Budget (as defined in Section 3.3 hereof) and in the Operating Account (as defined in Section 5.1 hereof), Property Manager shall manage and operate the Project in a manner consistent with the management and operation of comparable properties in Southfield, Michigan, shall provide such services as are customarily provided by a manager of properties of comparable class and standing, and shall consult with Owner and keep Owner advised as to all material or extraordinary matters and decisions affecting the Project. Specifically, Property Manager shall perform, without limitation, the following services and duties for Owner in a faithful, diligent and efficient manner:
General Management Duties. Subject to the availability of funds provided under the Operating Budget (as hereinafter defined), Manager shall manage and operate the Project in a manner consistent with the management and operation of comparable properties, shall provide such services as are customarily provided by a manager of properties of comparable class and standing, and shall consult with Owner and keep Owner advised as to all material or extraordinary matters and decisions affecting the Project. Notwithstanding the above, it is understood and agreed that Manager shall have the right from time to time to engage third parties to assist Manager in the performance of services and duties hereunder, but such engagement shall not relieve Manager of any of its obligations or duties under this Agreement. Specifically, Manager shall, at Owner's expense, perform the following services and duties for Owner in a faithful, diligent and efficient manner:
General Management Duties. To the extent of available Gross Receipts and Owner's Advances, the Operator shall operate the Property in the same manner as is customary and usual in the operation of comparable facilities, shall provide such services as are customarily provided by operators of a private residence club and lodge of comparable class and standard with comparable charges and fees consistent with the Property's facilities, and keep the Advisory Committee advised as to all material policy matters within the knowledge of Operator and affecting the Property. The standard of operation and service shall be at least the level of current operations and service, except that the level of staffing may be less than current staffing levels during periods when occupancy levels are low, as determined by Operator, due to a Member Owner having exclusive use of the Residences during such period. Notwithstanding any provisions to the contrary, Operator will make no major policy changes not reflected in the budgets without the prior approval of the Advisory Committee nor change any rights or privileges of Member Owners or their guests to use the Residences, except in accordance with the Operating Agreement. Except as otherwise required by this Agreement, or except to the extent that significant policy decisions are involved, Operator shall have all reasonable discretion in the day-to-day operating decisions relating to the operation, direction, management and supervision of the Property, including without limitation, labor matters, credit collection and cash management, terms of admittance, charges for rooms, guest services, entertainment and amusement, food and beverages, purchasing of Operating Equipment and operating supplies, maintenance of the Property, repairs to and replacements of furnishings and equipment, employee compensation and benefits, and shall work in coordination with the Advisory Committee regarding all phases of advertising, promotion, publicity, marketing and leasing strategy relating to the Residences and the Carriage House Inn.
General Management Duties. During the term of this Agreement, Divot ------------------------- shall use due diligence and its best efforts to manage, maintain, operate and perform any and all responsibilities, duties and obligations, currently in effect or hereafter arising, with respect to the Contracts; shall provide such services as are customarily provided by Network under the Contracts; shall consult with Network and keep Network advised as to all major or extraordinary matters and decisions affecting the Contracts; and shall refrain from altering, modifying, amending, or waiving any terms or provisions of the Contracts except in the reasonable and ordinary course of performing any duties and obligations with respect to the Contracts. Divot shall, without limiting the foregoing, perform the following services and duties for Network in a faithful, diligent and efficient manner:
General Management Duties. Subject to the availability of funds provided under the Budget (as defined in Section 3.3 hereof) and in the Operating Account (as defined in Section 5.1 hereof), Property Manager shall manage and operate the Project in a manner consistent with the management and operation of comparable properties in Austin, Texas, shall provide such services as are customarily provided by a manager of properties of comparable class and standing, and shall consult with Owner and keep Owner advised as to all material or extraordinary matters and decisions affecting the Project. Specifically, Property Manager shall perform, without limitation, the following services and duties for Owner in a faithful, diligent and efficient manner:
General Management Duties. Property Manager shall manage the Property in an efficient and businesslike manner having due regard for the age and physical condition of the Property and the status of completion of the construction of the Property and otherwise in accordance with the Operating Standard. Property Manager, through its employees and independent contractors, shall supply complete operational services for the Property. Property Manager shall also, if directed by Owner, prosecute property tax appeals on behalf of Owner, at Owner’s cost. Property Manager shall commence performance of its duties hereunder on the Effective Date.
