Operator Cooperation Sample Clauses
The Operator Cooperation clause requires parties, typically operators or service providers, to work together and coordinate their activities to achieve the objectives of the agreement. In practice, this may involve sharing relevant information, aligning schedules, or providing reasonable assistance to each other during operations. The core function of this clause is to facilitate smooth collaboration, minimize misunderstandings, and ensure that joint operations proceed efficiently and effectively.
Operator Cooperation. Operator will cooperate with Owner as follows:
Operator Cooperation. Operator will cooperate with Owner as follows: (a) Notice of Loss. In the event of any loss, damage or injury at the Hotel, Operator shall: (i) notify Owner, Mortgagee and the insurance carrier as soon as possible but no later than forty-eight (48) hours after Operator receives notice of any such loss, damage or injury; (ii) take no action that could be construed as an admission of liability or that might otherwise bar Owner or Mortgagee from obtaining any protection afforded insurance or which might prejudice Owner or Mortgagee in its defense to any claim for an insured loss, damage or injury; (iii) upon request of Owner, agree that Owner or Mortgagee shall have the exclusive right to conduct the defense to any claim, demand or suit within limits prescribed by the policy or policies of insurance; and (iv) defend any claim if requested by Owner. (b) Claim Information. Operator shall furnish information that is requested by Owner or Mortgagees for the purpose of establishing the appropriate insurance coverages and shall cooperate in every reasonable way with respect to such insurance and any loss thereunder.
(c) Potential Risks. Operator shall give Owner and Mortgagees written notice of any facts of which Operator is aware that might cause an increase in the risk of a casualty loss or a claim of liability in connection with the Business. Such notice shall be given promptly after Operator, or any member of the Executive Staff, has actual knowledge of such facts.