Owner Representatives. A. The Owner will appoint representatives to represent the Owner in all matters relating to this Agreement and the Hotel (each an “Owner Representative”). The Owner’s initial Owner Representatives will be . The Management Company may rely upon statements and representations of any Owner Representative as being from and binding upon the Owner. The Owner may change its Owner Representatives from time to time by providing written notice to the Management Company. An Owner Representative will attend all meetings with the Management Company pursuant to Section 3.22. B. The Management Company acknowledges that the Owner may from time to time, engage an individual or entity (an “Asset Manager”) to advise the Owner with respect to the Hotel and the decisions to be made about the Hotel by the Owner under this Agreement. The Management Company agrees to cooperate with the Asset Manager fully in order to permit the Asset Manager to effectively perform its duties and responsibilities in advising the Owner and must provide the Asset Manager with the same access to the Hotel, its books and records, accounting, reports, Hotel Personnel and meetings relating to the Hotel as it must provide to the Owner under the terms of this Agreement.
Appears in 2 contracts
Sources: Management Agreement, Management Agreement
Owner Representatives.
A. The Owner will appoint representatives to represent the Owner in all matters relating to this Agreement and the Hotel (each an “Owner Representative”). The Owner’s initial Owner Representatives will be . The Management Company may rely upon statements and representations of any Owner Representative as being from and binding upon the Owner. The Owner may change its Owner Representatives from time to time by providing written notice to the Management Company. An Owner Representative will attend all meetings with the Management Company pursuant to Section 3.22.
B. The Management Company acknowledges that the Owner may from time to time, engage an individual or entity (an “Asset Manager”) to advise the Owner with respect to the Hotel and the decisions to be made about the Hotel by the Owner under this Agreement. The Management Company agrees to cooperate with the Asset Manager fully in order to permit the Asset Manager to effectively perform its duties and responsibilities in advising the Owner and must provide the Asset Manager with the same access to the Hotel, its books and records, accounting, reports, Hotel Personnel and meetings relating to the Hotel as it must provide to the Owner under the terms of this Agreement.
Appears in 1 contract
Sources: Management Agreement