Common use of Other Forms of Compensation Prohibited Clause in Contracts

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.