Other Forms of Compensation Prohibited. Property Manager agrees that its compensation as described in Article 3 hereof is the consideration for all services of Property Manager under this Agreement. Expenses related to Property Manager’s Employees or to Property Manager’s office overhead (including marketing expenses), whether or not allocable to services rendered in the management of Property, are not to be an Operating Expense of the Properties. All rebates, discounts or commissions collected by Property Manager, or credited to Property Manager’s use, that relate to the purchasing of supplies or to the rendering of services for the Property, shall be for the benefit of Owner, other than de minimis discounts for bulk purchases or handling charges. Property Manager shall not collect or charge any undisclosed fee, rebate or discount in connection with the management or leasing of the Property.
Other Forms of Compensation Prohibited. Manager agrees that its compensation as described in Section 6.2 below is to be paid in consideration of all services to be rendered pursuant to the terms of this Agreement by Manager. All rebates, discounts or commissions collected by Manager, or credited to Manager’s use, that relate to the purchasing of supplies or to the rendering of services for the Properties, shall reduce Reimbursements due from Parent hereunder. Manager shall not collect or charge any undisclosed fee, rebate or discount in connection with the management or leasing of the Properties.
Other Forms of Compensation Prohibited. All rebates, discounts, or commissions collected by Manager, or credited to Manager’s use, that relate to the purchasing of supplies or the rendering of services for the Retail Property, shall be fully disclosed to Owner. Any part of any rebate, discount, or commission that is allocable to the purchasing of supplies, or to the rendering of services for the Retail Property, shall be credited to Owner’s account. ARTICLE IX. TERM 595 600 605 610 615
Other Forms of Compensation Prohibited. Manager agrees that its compensation as described in Section 5.2 below is to be paid in consideration of all services to be rendered pursuant to the terms of this Agreement by Manager, except as otherwise set forth in the Letter Agreement. Expenses related to Manager’s Employees or to Manager’s office overhead (including marketing expenses as contemplated in Section 4.4), whether or not allocable to services rendered in the management of Properties, are not to be an Operating Expense of the Properties. All rebates, discounts or commissions collected by Manager, or credited to Manager’s use, that relate to the purchasing of supplies or to the rendering of services for the Properties, shall be for the benefit of Owner, other than de minimis discounts for bulk purchases or handling charges. Manager shall not collect or charge any undisclosed fee, rebate or discount in connection with the management or leasing of the Properties.
