Common use of Provision of Management Services Clause in Contracts

Provision of Management Services. On and subject to the terms and conditions of this Agreement, from and after the Effective Date until the termination of this Agreement, Owner hereby grants to Manager, and Manager accepts, the sole and exclusive right and authority during the Operating Term to supervise, direct and control the management, operation and promotion of the Hotel, as the agent of Owner, in accordance with the Hotel Standard. Manager shall Operate the Hotel and provide the Management Services to Owner in accordance with the Hotel Standard. In addition, Manager shall provide all Management Services which constitute Shared Services in a first-class manner and on terms which are not less favorable than those on which similar services are then provided at any other properties owned or managed by Manager or its Affiliates. In the performance of its obligations under this Agreement, Manager shall Operate the Hotel for the account and benefit and in the best interest of Owner and in accordance with this Agreement. In furtherance of the foregoing grant of authority, Manager shall (subject to the rights of Owner, the limitations and restrictions on Manager, and Manager’s compliance with the terms and covenants contained in this Agreement and the Annual Budget) have authority, control and discretion in the management and operation of the Hotel, without interference, or disturbance in all operating matters.