Computer Software and Equipment. All “Software” (meaning all computer software and accompanying documentation, other than software which is commercially available, which are used by Manager in connection with the property management system, any reservation system and all future electronic systems developed by Manager for use in the Hotel) is and shall remain the exclusive property of Manager or any one of its Manager Affiliate Entities (or the licensor of such Software, as the case may be), and Lessee shall have no right to use, or to copy, any Software. Upon Termination, Manager shall have the right to remove from the Hotel, without compensation to Lessee, all Software, and any computer equipment which is utilized as part of a centralized property management system or is otherwise considered proprietary by Manager, excepting any software which is owned by the applicable Franchisor; provided that Manager shall cooperate with Lessee in the transition of the centralized management system to the new manager, including in the change of any Software and computer equipment. If any of such computer equipment is owned by Lessee or Landlord, Manager shall reimburse Lessee for previous expenditures made by Lessee for the purchase of such equipment, subject to a reasonable allowance for depreciation.
Computer Software and Equipment. All “Software” (meaning all computer software and accompanying documentation, other than software which is commercially available, which are used by Management Company in connection with the property management system, any reservation system, and/or any future electronic systems developed by Management Company for use in the Hotel) is and shall remain the exclusive property of Management Company or any one of its Affiliates (or the licensor of such Software, as the case may be), and TRS shall have no right to use, or to copy, any Software. Upon Termination, Management Company shall have the right to remove from the Hotel, without compensation to TRS, all Software, and any computer equipment which is utilized as part of a centralized property management system or is otherwise considered proprietary by Management Company. If any of such computer equipment is owned by TRS, Management Company shall reimburse TRS for previous expenditures made by TRS for the purchase of such equipment, subject to a reasonable allowance for depreciation.
Computer Software and Equipment. A. All Software is and shall remain the exclusive property of Management Company or one of its Affiliates (or the licensor of such Software, as the case may be), and Owner shall have no right to use, or to copy, any Software.
B. Upon Termination, Management Company shall have the right to remove from the Inn, without compensation to Owner, all Software. Furthermore, upon Termination, Management Company shall be entitled to remove from the Inn any computer equipment which is utilized as part of a centralized reservation or property management system or is otherwise considered proprietary by Management Company. If any of such removed computer equipment is owned by Owner, Management Company shall reimburse Owner for all previous expenditures made by Owner for the purchase of such equipment, subject to a reasonable allowance for depreciation.
Computer Software and Equipment. All “Software” (meaning all computer software and accompanying documentation, other than software which is commercially available, which are used by Management Company in connection with the property management system, any reservation system and all future electronic systems developed by Management Company for use in the Hotel) is and shall remain the exclusive property of Management Company or any one of its Affiliates (or the licensor of such Software, as the case may be), and Owner shall have no right to use, or to copy, any Software. Upon Termination, Management Company shall have the right to remove from the Hotel all Software, and any computer equipment which is utilized as part of a centralized property management system or is otherwise considered proprietary by Management Company; provided, however, that if any of such computer equipment is owned by Owner, Management Company shall reimburse Owner for previous expenditures made by Owner for the purchase of such equipment, subject to a reasonable allowance for depreciation.
Computer Software and Equipment. A. All Software is and shall remain the exclusive property of Operator or one of its Affiliates (or the licensor of such Software, as the case may be), and Owner shall have no right to use, or to copy, any Software.
B. Upon Termination, Operator shall have the right to remove from the Retirement Community, without compensation to Owner, all Software. Furthermore, upon Termination, Operator shall be entitled to remove from the Retirement Community any computer equipment which is utilized as part of a centralized operations control or property management system of Operator or is otherwise considered proprietary by Operator, or (ii) any other computer equipment utilized as part of a centralized system that is owned by Operator or a third party other than Owner. If any of such removed computer equipment is owned by Owner, Operator shall reimburse Owner for the book value of such equipment and shall repair any damage caused by the removal of such computer equipment.
C. Upon Termination, Operator shall have the right to remove from the Retirement Community without compensation to Owner, any computer software (including upgrades and replacements) owned or licensed by Operator, or any of its Affiliates.
Computer Software and Equipment. All “Software” (meaning all computer software and accompanying documentation, other than software which is commercially available, which are used by Management Company in connection with the property management system, any reservation system and all future electronic systems developed by Management Company for use in the Hotel) is and shall remain the exclusive property of Management Company or any one of its Affiliates (or the licensor of such Software, as the case may be), and Master Tenant shall have no right to use, or to copy, any Software. Upon Termination, Management Company shall have the right to remove from the Hotel all Software, and any computer equipment which is utilized as part of a centralized property management system or is otherwise considered proprietary by Management Company; provided, however, that if any of such computer equipment is owned by Master Tenant, Management Company shall reimburse Master Tenant for previous expenditures made by Master Tenant for the purchase of such equipment, subject to a reasonable allowance for depreciation.
Computer Software and Equipment. 48 ARTICLE XI- HOTELS.........................................................49
Computer Software and Equipment. All "SOFTWARE" (meaning all computer software and accompanying documentation, other than software which is commercially available, which are used by Manager in connection with the property management system, any reservation system and all future electronic systems developed by Manager for use in the Hotels) Hotel Master Management Agreement Ashford TRS Corporation is and shall remain the exclusive property of Manager or any one of its Manager Affiliate Entities (or the licensor of such Software, as the case may be), and Lessee shall have no right to use, or to copy, any Software. Upon Termination, Manager shall have the right to remove from the Hotels, without compensation to Lessee, all Software, and any computer equipment which is utilized as part of a centralized property management system or is otherwise considered proprietary by Manager, excepting any software which is owned by the applicable Franchisor; provided that Manager shall cooperate with Lessee in the transition of the centralized management system to the new manager, including in the change of any Software and computer equipment. If any of such computer equipment is owned by Lessee, Manager shall reimburse Lessee for previous expenditures made by Lessee for the purchase of such equipment, subject to a reasonable allowance for depreciation.
Computer Software and Equipment. All “Software” (meaning all computer software and accompanying documentation, other than software which is commercially available, which are licensed by Manager in connection with the property management system, any reservation system and all future electronic systems developed by Manager for use in the Hotel) is and shall remain the exclusive property of Manager or any one of its Manager Affiliate Entities (or the licensor of such Software, as the case may be), and Lessee shall have no right to use, or to copy, any Software; provided, however, that any Software included in building systems and owned by Landlord or purchased by Manager on behalf of Xxxxxx relating to operations shall not be Manager’s intellectual property. Only intellectual property listed on Exhibit 24.1 or specifically identified by Xxxxxx and agreed to by Landlord shall be the intellectual property of Manager. Upon Termination, Manager shall have the right to remove from the Hotel, without compensation to Lessee, all Software, and any computer equipment owned by Manager which is utilized as part of a centralized property management system or is otherwise considered proprietary by Manager, excepting any software which is owned by the applicable Franchisor; provided that Manager shall cooperate with Lessee in the transition of the centralized management system to the new manager, including in the change of any Software and computer equipment. If any of such computer equipment is owned by Lessee, Manager shall reimburse Lessee for previous expenditures made by Xxxxxx for the purchase of such equipment, subject to a reasonable allowance for depreciation.
Computer Software and Equipment. All “Software” (meaning all computer software and accompanying documentation, other than software which is commercially available, which is owned and used by Management Company in connection with the property management system, any reservation system and all future electronic systems developed by Management Company for use in the Hotel & Conference Center) is and shall remain the exclusive property of Management Company or any one of its Affiliates (or the licensor of such Software, as the case may be), and Owners shall have no right to use, or to copy, any Software. Upon Termination, Management Company shall have the right to remove from the Hotel & Conference Center, without compensation to Owners, all Software, provided, however that to the extent the cost of any such Software removed by Management Company was paid for as a Deduction, Management Company shall reimburse Owners for such cost. Nothing in this Section 17.02 is intended to release Management Company from its obligations under Section 5.02 of this Agreement, including without limitation, to cooperate with the new operator of the Hotel & Conference Center to effect a smooth transition of the operations of the Hotel & Conference Center and to make available to Owners and/or the new operator such books and records (including in an electronic format) to be provided by Management Company upon a Termination of this Agreement as described in Section 5.02.
