Operating Profit. A. So long as the Pooling Agreement has not been terminated in accordance with its terms with respect to one or more of the Hotels, Operating Profit for such Hotels with respect to periods for which the Pooling Agreement was in effect shall be distributed, to the extent available, as provided in the Pooling Agreement and the provisions of Section 3.02.B shall not apply.
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Samples: Management Agreement (Service Properties Trust), Management Agreement (Service Properties Trust), Management Agreement (Service Properties Trust)
Operating Profit. A. So long as the Pooling Agreement has not been terminated in accordance with its terms with respect to one or more of the HotelsHotel, Operating Profit for such Hotels the Hotel with respect to periods for which the Pooling Agreement was in effect shall be distributed, to the extent available, as provided in the Pooling Agreement and the provisions of Section 3.02.B shall not apply.
Appears in 1 contract
Operating Profit. A. So long as the Pooling Agreement has not been terminated in accordance with its terms with respect to one or more of the Hotels, Hotels Operating Profit for such Hotels with respect to periods for which the Pooling Agreement was in effect shall be distributed, to the extent available, as provided in the Pooling Agreement and the provisions of Section 3.02.B shall not apply.
Appears in 1 contract
Samples: Management Agreement (Hospitality Properties Trust)
