Common use of Management of Properties Clause in Contracts

Management of Properties. The Borrower shall, or shall cause any of its Subsidiaries to, manage and operate the Atlanta Property and the Pool B Properties pursuant to Servicing Agreements in a commercially reasonable and prudent manner. No Person other than the Borrower or any Wholly Owned Subsidiary shall have substantial authority over the management and operation of any Property.

Appears in 2 contracts

Sources: Senior Secured Revolving Credit Agreement (Capstar Hotel Co), Senior Subordinated Credit Agreement (Capstar Hotel Co)