Management contract

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Management contract

An agreement by which a company will provide its organizational and management expertise in the form of services.

Management Contract

A contract allowing another party to manage a firm or fund. Management contracts are common among mutual funds, which often hire outside companies to provide management services. See also: Asset management.
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Despite the primary importance of this key document, many management contracts are flawed, defective, or simply do not address important issues.
Of course, contract disputes are not limited to just property management contracts.
DHG's mission is to grow its portfolio nationally through acquisitions, management contracts, joint ventures and investment partnerships.
OIG is also proposing clarifications to space and equipment rental, personal services, and management contracts safe harbors.
Department of the Interior found excessive fees totaling $62 million in eighteen of the twenty-seven tribal management contracts it reviewed.
12 /PRNewswire/ -- Banc One Corporation (NYSE: ONE), Columbus, Ohio, announced that four asset management contracts have been awarded to Banc One Management and Consulting Corporation, a subsidiary of the Corporation.
It effectively completes Accor's transformation of its Sofitel business model for North America, with a hotel base operated primarily under management contracts.
In January 2005, the Business Council, the tribal governmental leadership of the Tribe, approved a tribal agreement ratifying consulting agreements and management contracts between the Lakes' subsidiary and the Pawnee Tribal Development Corporation ("TDC") and the TDC's gaming subsidiaries relating to the Trading Post Casino and two other proposed gaming facilities, the Travel Plaza Casino and the Chilocco Casino.
Although the core of the business offers standard clinical trial management contracts to pharmaceutical and biotechnology companies, Ergomed recently started offering co-development partnerships to share the risk and rewards of clinical development.
HOWEVER, THE IHG GUARANTY ALSO APPLIES TO OTHER MANAGEMENT CONTRACTS AND LEASES WITH HPT AFFECTING ADDITIONAL HOTELS, AND THIS GUARANTY IS LIMITED TO A MAXIMUM LIABILITY BY IHG.
Hilton Hotels Corporation will acquire the three management contracts from La Quinta, Calif.
KSL Resorts has agreed to sell its management contracts for Arizona Biltmore Resort & Spa, in Phoenix, Grand Wailea Resort Hotel & Spa, in Maui, and La Quinta Resort & Club and PGA West, in La Quinta, Calif.

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