Additional Lessor Obligations. A. Lessor agrees to fully and timely comply with all notice requirements set forth in Section 10.02 of the Management Agreement with respect to a Sale of the Inn. Lessor further acknowledges and agrees that any failure by Lessor to timely provide notice to Manager as set forth in Section 10.02 of the Management Agreement with respect to a Sale of the Inn shall extinguish any right of Lessor to enter such Sale.
Appears in 5 contracts
Samples: Owner Agreement (Apple Hospitality Five Inc), Owner Agreement (Apple Hospitality Five Inc), Owner Agreement (Apple Hospitality Five Inc)
Additional Lessor Obligations. A. Lessor agrees to fully and timely comply with all notice requirements set forth in Section 10.02 of the Management Agreement with respect to a Sale of the InnHotel. Lessor further acknowledges and agrees that any failure by Lessor to timely provide notice to Manager as set forth in Section 10.02 of the Management Agreement with respect to a Sale of the Inn Hotel shall extinguish any right of Lessor to enter such Sale.
Appears in 3 contracts
Samples: Owner Agreement (Apple Reit Six Inc), Owner Agreement (Apple Reit Six Inc), Owner Agreement (Apple Reit Six Inc)
Additional Lessor Obligations. A. Lessor agrees to fully and timely comply with all notice requirements set forth in Section 10.02 18.01 of the Management Agreement with respect to on each occasion that Lessor receives a bona fide written offer for a Sale of the Innan Inn that it desires to accept. Lessor further acknowledges and agrees that any failure by Lessor to timely provide notice to Manager as set forth in Section 10.02 18.01 of the Management Agreement with respect to a bona fide written offer for a Sale of the an Inn shall extinguish any right of Lessor to enter such Sale.
Appears in 2 contracts
Samples: Owner Agreement (Apple Hospitality Two Inc), Owner Agreement (Apple Hospitality Two Inc)