Common use of Operating Term Clause in Contracts

Operating Term. The initial operating term (the "Term") of this Agreement will commence at 12:01 A.M. on the date identified on Schedule I (the "Commencement Date") and terminate at 11:59 on the expiration date identified on Schedule I (the "Expiration Date").

Appears in 1 contract

Sources: Management Agreement (Equity Inns Inc)

Operating Term. The initial operating term (the "Term") of this Agreement will commence at 12:01 A.M. on the date identified on Schedule I (the "Commencement Date") and terminate at 11:59 on the expiration date identified on Schedule I (the "Expiration Date").

Appears in 1 contract

Sources: Management Agreement (Prime Hospitality Corp)

Operating Term. The initial operating term (the "Term") of this Agreement will commence at 12:01 A.M. on the date identified on Schedule I (the "Commencement Date") and terminate at 11:59 P.M. on the expiration date identified on Schedule I (the "Expiration Date").

Appears in 1 contract

Sources: Hotel/Motel Management Agreement (Ameri-First Financial Group Inc)