Hotel Management Agreement Draft Page 7
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1710.
In the event of any liability to the Operator and / or ABC in
connection with the Operation of the Hotel, arising on employees‟,
workers‟ or customers‟ claims not covered by insurance, the
amount thereof shall be a proper expense.
11.
The Operator shall operate the Hotel and all its facilities in the same
manner as is customary and usual in the operation of other similar
hotels, having regard to the highest levels of efficiency, competence
and standards of service and best practices and, in any event, shall
provide such services at the Hotel as are normally provided by
operators of Hotels of comparable class and standing consistent
with the Hotel‟s facilities.
12.
ABC shall apply for and use its best efforts to obtain and maintain
for and on behalf of the Hotel, all licenses and permits required in
connection with the management and Operation of the Hotel. ABC
agrees to execute and deliver all applications and other documents
and otherwise to cooperate to the fullest extent with the Operator in
applying for, obtaining and maintaining such licenses and permits.
13.
The MANAGEMENT FEE payable by ABC to the Operator for
services to be rendered in pursuance to this Agreement shall be as
under:
a. In consideration of the operation of the Hotel, ABC shall pay to
the Operator the following Management Fees:
[GIVE DETAILS OF FEES, INCLUDING INCREASES IN FEES
DURING DURATION OF THIS AGREEMENT]
b. A one time fee for the signing of this Agreement of Rs.
_________ per room shall be payable by ABC to the Operator.
50% of the said amount shall be paid at the time of signing this
Agreement, and the remaining amount shall be paid within ____
days of signing of this Agreement.
c. Any taxes, surcharges or any government levy of any type
applicable currently or in future on the above fee will be payable
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