Common use of Competing Facilities Clause in Contracts

Competing Facilities. Neither this Agreement nor anything implied by the relationship between Landlord and Tenant shall prohibit Tenant or its Manager, or any of their Affiliated Persons, from constructing, operating, promoting, and/or authorizing others to construct, operate, or promote one or more hotels (including without limitation Marriott Hotels, Marriott Resorts, Marriott Suites Hotels, Ritz Carlton Hotels, Courtyard by Marriott Hotels, Fairfield Inns, Fairfield Suites, SpringHill Suites Hotels, TownePlace Suites by Marriott), or any other lodging concepts, time share facilities, restaurants or other business operations of any type, at any location, including a location proximate to the Land. Landlord acknowledges, accepts and agrees further that Tenant, Manager and their Affiliated Persons retain the right, from time to time, to construct or operate, or both, or promote or acquire, or authorize or otherwise license others to construct or operate, or both, or promote or acquire any hotels, lodging concepts or products, restaurants or other business operations of any type whatsoever, including, but not by way of limitation, those listed above, at any location including one or more sites which may be adjacent, adjoining or proximate to the Land, which business operations may be in direct competition with the Leased Improvements and that any such exercise may adversely affect the operation of the Leased Improvements. [Signatures appear on the following page.]

Competing Facilities. Neither this Agreement nor anything implied by the relationship between Landlord and Tenant shall prohibit Tenant or its Manager, or any of their Affiliated Persons, the Marriott Companies from constructing, operating, promoting, and/or authorizing others to construct, operate, or promote one or more hotels (including without limitation Marriott Hotels, Marriott Resorts, Marriott Suites Hotels, Ritz Carlton Xxxx-Xxxxxxx Hotels, Renaissance Hotels, Conference Centers by Marriott, Residence Inn by Marriott Hotels, Courtyard by Marriott Hotels, Fairfield Inns, Fairfield Suites, SpringHill Suites Hotels, TownePlace Suites by Marriott), or any other lodging concepts, time time-share facilities, restaurants restaurants, or other business operations of any type, at any location, including a location proximate to the Land. Landlord acknowledges, accepts and agrees further that Tenant, Manager and their Affiliated Persons the Marriott Companies retain the right, from time to time, to construct or operate, or both, or promote or acquire, or authorize or otherwise license others to construct or operate, or both, or promote or acquire any hotels, lodging concepts or products, restaurants or other business operations of any type whatsoever, including, but not by way of limitation, those listed above, at any location including one or more sites which may be adjacent, adjoining or proximate to the Land, which business operations may be in direct competition with the Leased Improvements and that any such exercise may adversely affect the operation of the Leased Improvements. [Signatures appear on the following page.]

Competing Facilities. Neither this Agreement nor anything implied by the relationship between Landlord and Tenant shall prohibit Tenant or its Manager, or any of their Affiliated Persons, the Marriott Companies from constructing, operating, promoting, and/or authorizing others to construct, operate, or promote one or more hotels (including without limitation Marriott Hotels, Marriott Resorts, Marriott Suites Hotels, Ritz Carlton Xxxx-Xxxxxxx Hotels, Renaissance Hotels, Conference Centers by Marriott, Residence Inn by Marriott Hotels, Courtyard by Marriott Hotels, Fairfield Inns, Fairfield Suites, SpringHill Suites Hotels, TownePlace Suites by Marriott), or any other lodging concepts, time time-share facilities, restaurants restaurants, or other business operations of any type, at any location, including a location proximate to the Land. Landlord acknowledges, accepts and agrees further that Tenant, Manager and their Affiliated Persons the Marriott Companies retain the right, from time to time, to construct or operate, or both, or promote or acquire, or authorize or otherwise license others to construct or operate, or both, or promote or acquire any hotels, lodging concepts or products, restaurants or other business operations of any type whatsoever, including, but not by way of limitation, those listed above, at any location including one or more sites which may be adjacent, adjoining or proximate to the Land, which business operations may be in direct competition with the Leased Improvements and that any such exercise may adversely affect the operation of the Leased Improvements. [Signatures appear on the following page.]

Competing Facilities. Neither this Agreement nor anything implied by the relationship between Landlord and Tenant shall prohibit Tenant or its Manager, or any of their Affiliated Persons, the Marriott Companies from constructing, operating, promoting, and/or authorizing others to construct, operate, or promote one or more hotels (including without limitation Marriott Hotels, Marriott Resorts, Marriott Suites Hotels, Ritz Carlton Xxxx-Xxxxxxx Hotels, Renaissance Hotels, Conference Centers by Marriott, Residence Inn by Marriott Hotels, Courtyard by Marriott Hotels, Fairfield Inns, Fairfield Suites, SpringHill Suites Hotels, TownePlace Suites by Marriott), SpringHill Suites by Marriott, or any other lodging concepts, time time-share facilities, restaurants restaurants, or other business operations of any type, at any location, including a location proximate to the Land. Landlord acknowledges, accepts and agrees further that Tenant, Manager and their Affiliated Persons the Marriott Companies retain the right, from time to time, to construct or operate, or both, or promote or acquire, or authorize or otherwise license others to construct or operate, or both, or promote or acquire any hotels, lodging concepts or products, restaurants or other business operations of any type whatsoever, including, but not by way of limitation, those listed above, at any location including one or more sites which may be adjacent, adjoining or proximate to the Land, which business operations may be in direct competition with the Leased Improvements and that any such exercise may adversely affect the operation of the Leased Improvements. [Signatures appear on the following page.]

Competing Facilities. Neither Except as provided in Section 11.21, neither this Agreement nor anything implied by the relationship between Landlord Manager and Tenant shall prohibit Tenant or its Manager, any Marriott or any of their Affiliated Persons, Affiliate thereof from constructing, operating, promoting, and/or authorizing others to construct, operate, or promote one or more hotels (including without limitation Marriott Hotels, Marriott Resorts, Marriott Suites Hotels, Ritz Carlton XXXX-XXXXXXX Hotels, Renaissance Hotels, Conference Centers by Marriott, Residence Inn by Marriott Hotels, Courtyard by Marriott Hotels, Fairfield Inns, Fairfield Suites, SpringHill Suites Hotels, TownePlace Suites by Marriott), SpringHill Suites by Marriott, or any other lodging concepts, time time-share facilities, restaurants restaurants, or other business operations of any type, at any location, including a location proximate to the LandSites. Landlord Tenant acknowledges, accepts and agrees further that Tenant, Manager Marriott and their Affiliated Persons its Affiliates retain the right, from time to time, to construct or operate, or both, or promote or acquire, or authorize or otherwise license others to construct or operate, or both, or promote or acquire any hotels, lodging concepts or products, restaurants or other business operations of any type whatsoever, including, but not by way of limitation, those listed above, at any location including one or more sites which may be adjacent, adjoining or proximate to the LandSite, which business operations may be in direct competition with the Leased Improvements Hotels and that any such exercise may adversely affect the operation of the Leased Improvements. [Signatures appear on the following pageHotels.]

Competing Facilities. Neither this Agreement nor anything implied by the relationship between Landlord and Tenant shall prohibit Tenant or its Manager, or any of their Affiliated Persons, from constructing, operating, promoting, and/or authorizing others to construct, operate, or promote one or more hotels (including without limitation Marriott Hotels, Marriott Resorts, Marriott Suites Hotels, Ritz Carlton Hotels, Courtyard by Marriott Hotels, Fairfield Inns, Fairfield Suites, SpringHill Suites Hotels, TownePlace Suites by Marriott), or any other lodging concepts, time share facilities, restaurants or other business operations of any type, at any location, including a location proximate to the Land. Landlord acknowledges, accepts and agrees further that Tenant, Manager and their Affiliated Persons retain the right, from time to time, to construct or operate, or both, or promote or acquire, or authorize or otherwise license others to construct or operate, or both, or promote or acquire any hotels, lodging concepts or products, restaurants or other business operations of any type whatsoever, including, but not by way of limitation, those listed above, at any location including one or more sites which may be adjacent, adjoining or proximate to the Land, which business operations may be in direct competition with the Leased Improvements and that any such exercise may adversely affect the operation of the Leased Improvements. [Signatures appear on the following page.]