Common use of Sales Coordination Clause in Contracts

Sales Coordination. (a) During the term of this Agreement, Manager shall use its reasonable good faith efforts and due diligence to solicit and procure purchasers of lots within the Project and memberships in LFCC and purchasers of other goods and services to be sold with respect to the Project. Manager's operation in connection with such activities will be staffed as reasonably necessary during customary business hours by Manager's sales representatives. The office space in the Project presently designated as sales offices, whether in the sales trailer located at the Project, in the LFCA clubhouse or in the LFCC clubhouse, and as otherwise located from time to time with the consent of Manager and Owner, shall be utilized for such activities during customary business hours by Manager. Manager shall be entitled to use of all existing office and sales space presently occupied by Owner and/or its representatives or affiliates in the LFCA clubhouse and the LFCC clubhouse. (b) Subject to the prior approval of Owner and, to the extent provided for in the Budget, at Owner's cost and expense, Manager shall, as it shall elect from time to time, advertise and promote the Project, including such lots and Sections as or will become available, and arrange for or engage outside advertising firms to prepare and secure such signs, brochures and other forms of advertising, including the purchase of time on broadcast and other media, as Manager may deem advisable. Advertising and promotional materials shall be prepared in full compliance with Federal, state and municipal laws, ordinances, regulations and orders. The costs of such advertising, including printing brochures and other promotional material, shall be borne by Owner to the extent provided for in the Budget and otherwise to the extent approved in writing by Owner, and may be paid by Manager from the Disbursement Account. (c) Manager shall fully cooperate with reputable and active licensed real estate brokers in the sale of lots from the Project on commercially reasonable terms and conditions and in accordance with standard practice in the Louisville, Kentucky, metropolitan area. Owner shall not deal directly with any such brokers.

Sales Coordination. (a) During the term of this Agreement, Manager shall use its reasonable good faith efforts and due diligence to solicit and procure purchasers of lots within the Project and memberships in LFCC FLCC and purchasers of other goods and services to be sold with respect to the Project. Manager's operation in connection with such activities will be staffed as reasonably necessary during customary business hours by Manager's sales representatives. The office space in the Project presently designated as sales offices, whether in the sales trailer located at the Project, in the LFCA clubhouse Project or in the LFCC FLCA clubhouse, and as otherwise located from time to time with the consent of Manager and Owner, shall be utilized for such activities during customary business hours by Manager. Manager shall be entitled to use of all existing office and sales space presently occupied by Owner and/or its representatives or affiliates in the LFCA clubhouse and the LFCC FLCA clubhouse. (b) Subject to the prior approval of Owner and, to the extent provided for in the Budget, at Owner's cost and expense, Manager shall, as it shall elect from time to time, advertise and promote the Project, including such lots and Sections as or will become available, and arrange for or engage outside advertising firms to prepare and secure such signs, brochures and other forms of advertising, including the purchase of time on broadcast and other media, as Manager may deem advisable. Advertising and promotional materials shall be prepared in full compliance with Federal, state and municipal laws, ordinances, regulations and orders. The costs of such advertising, including printing brochures and other promotional material, shall be borne by Owner to the extent provided for in the Budget and otherwise to the extent approved in writing by Owner, and may be paid by Manager from the Disbursement Account. (c) Manager shall fully cooperate with reputable and active licensed real estate brokers in the sale of lots from the Project on commercially reasonable terms and conditions and in accordance with standard practice in the LouisvilleSpotsylvania County, Kentucky, Virginia metropolitan area. Owner shall not deal directly with any such brokers.