Conditions Precedent to a Hotel Property Qualifying as an Eligible Property. In order for an Initial Property or a Future Property to qualify initially and thereafter to continue to qualify as an Eligible Property, the following conditions precedent must be satisfied and remain satisfied for that Property:
Appears in 3 contracts
Samples: Senior Unsecured Credit Agreement (Lasalle Hotel Properties), Credit Agreement (Lasalle Hotel Properties), Credit Agreement (Lasalle Hotel Properties)
Conditions Precedent to a Hotel Property Qualifying as an Eligible Property. In order for an Initial Property or a Future Property to qualify initially and thereafter to continue to qualify as an Eligible Property, the following conditions precedent must be satisfied and remain satisfied for that Property:
Appears in 2 contracts
Samples: Credit Agreement (American General Hospitality Corp), Management Agreement (American General Hospitality Corp)
Conditions Precedent to a Hotel Property Qualifying as an Eligible Property. In order for an Initial Property or a Future Property to qualify initially and thereafter to continue to qualify as an Eligible Property, the Required Lenders (including the Administrative Agent) in their reasonable discretion must approve such qualification and following conditions precedent must be satisfied and remain satisfied for that Property:
Appears in 1 contract
Samples: Senior Credit Agreement (Eagle Hospitality Properties Trust, Inc.)
