CONDOR HOSPITALITY Sample Clauses

CONDOR HOSPITALITY. LIMITED PARTNERSHIP, a Virginia limited partnership By: Condor Hospitality REIT Trust, a Maryland real estate investment trust, its general partner By: /s/ Xxxxxxxx X. Xxxxx Name: Xxxxxxxx X. Xxxxx Title: Vice President GUARANTORS: CONDOR HOSPITALITY REIT TRUST, a Maryland real estate investment trust By: /s/ Xxxxxxxx X. Xxxxx Name: Xxxxxxxx X. Xxxxx Title: Vice President CONDOR HOSPITALITY TRUST, INC., a Maryland corporation By: /s/ Xxxxxxxx X. Xxxxx Name: Xxxxxxxx X. Xxxxx Title: Senior Vice President & Chief Financial Officer TRS LEASING, INC., a Virginia corporation By: /s/ Xxxxxxxx X. Xxxxx Name: Xxxxxxxx X. Xxxxx Title: Vice President SPPR-SOUTH BEND, LLC, a Delaware limited liability company By: Condor Hospitality Limited Partnership, a Virginia limited partnership, its manager By: Condor Hospitality REIT Trust, a Maryland real estate investment trust, its general partner By: /s/ Xxxxxxxx X. Xxxxx Name: Xxxxxxxx X. Xxxxx Title: Vice President SPPR-XXXXXX, LLC, a Delaware limited liability company By: SPPR-Xxxxxx Holdings, Inc., a Delaware corporation, its manager By: /s/ Xxxxxxxx X. Xxxxx Name: Xxxxxxxx X. Xxxxx Title: Vice President SPPR-XXXXXX HOLDINGS, INC., a Delaware corporation By: /s/ Xxxxxxxx X. Xxxxx Name: Xxxxxxxx X. Xxxxx Title: Vice President SPPR-XXXXXX TRS SUBSIDIARY, LLC, a Delaware limited liability company By: Condor Hospitality REIT Trust, a Maryland real estate investment trust, its manager By: /s/ Xxxxxxxx X. Xxxxx Name: Xxxxxxxx X. Xxxxx Title: Vice President SOLOMONS BEACON INN LIMITED PARTNERSHIP, a Maryland limited partnership By: Solomons GP, LLC, a Delaware limited liability company, its general partner By: /s/ Xxxxxxxx X. Xxxxx Name: Xxxxxxxx X. Xxxxx Title: Vice President SOLOMONS GP, LLC, a Delaware limited liability company By: /s/ Xxxxxxxx X. Xxxxx Name: Xxxxxxxx X. Xxxxx Title: Vice President TRS SUBSIDIARY, LLC, a Delaware limited liability company By: /s/ Xxxxxxxx X. Xxxxx Name: Xxxxxxxx X. Xxxxx Title: Vice President SPPR-HOTELS, LLC, a Delaware limited liability company By: SPPR Holdings, Inc., a Delaware corporation, its manager By: /s/ Xxxxxxxx X. Xxxxx Name: Xxxxxxxx X. Xxxxx Title: Vice President SPPR HOLDINGS, INC., a Delaware corporation By: /s/ Xxxxxxxx X. Xxxxx Name: Xxxxxxxx X. Xxxxx Title: Vice President SPPR TRS SUBSIDIARY, LLC, a Delaware limited liability company By: TRS Leasing, Inc., a Virginia corporation, its manager By: /s/ Xxxxxxxx X. Xxxxx Name: Xxxxxxxx X. Xxxxx Title: Vice President CDOR AUS ...
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CONDOR HOSPITALITY. LIMITED PARTNERSHIP, a Virginia limited partnership By:Condor Hospitality REIT Trust, a Maryland real estate investment trust, its general partner By: Name: Title: (SEAL)  102175686\V-9 102175686\V-9 EXHIBIT F FORM OF LETTER OF CREDIT APPLICATION F-1 102175686\V-9 102175686\V-9 US_Active\114487228114490487\V-17  102175686\V-9 102175686\V-9 US_Active\114487228114490487\V-17 102175686\V-9 102175686\V-9 US_Active\114487228114490487\V-17 102175686\V-9 102175686\V-9 US_Active\114487228114490487\V-17 102175686\V-9 102175686\V-9 US_Active\114487228114490487\V-17 102175686\V-9 102175686\V-9 US_Active\114487228114490487\V-17 102175686\V-9 102175686\V-9 US_Active\114487228114490487\V-17 102175686\V-9 102175686\V-9 EXHIBIT G FORM OF COMPLIANCE CERTIFICATE KeyBank National Association, as Agent 0000 Xxxxxxxxx Xxxx, N.E., Suite 1550 Atlanta, Georgia 30328 Attention: Xxx Xxxxxxx Ladies and Gentlemen: Reference is made to that certain Credit Agreement dated as of March 1, 2017 (as the same may hereafter be amended, the “Credit Agreement”) by and among Condor Hospitality Limited Partnership (the “Borrower”), KeyBank National Association for itself and as Agent, and the other Lenders from time to time party thereto. Terms defined in the Credit Agreement and not otherwise defined herein are used herein as defined in the Credit Agreement. Pursuant to the Credit Agreement, the Borrower (or REIT, on the Borrower’s behalf) is furnishing to you herewith (or has most recently furnished to you) the consolidated financial statements of REIT for the fiscal period ended _______________ (the “Balance Sheet Date”). Such financial statements have been prepared in accordance with GAAP and present fairly the consolidated financial position of REIT at the date thereof and the results of its operations for the periods covered thereby. This certificate is submitted in compliance with requirements of §2.11(d), §5.3, §5.5(b), §7.4(c) or §10.11 of the Credit Agreement, as applicable. If this certificate is provided under a provision other than §7.4(c), the calculations provided below are made using the consolidated financial statements of REIT as of the Balance Sheet Date adjusted in the best good faith estimate of REIT to give effect to the making of a Loan, issuance of a Letter of Credit, acquisition or disposition of property or other event that occasions the preparation of this certificate; and the nature of such event and the estimate of REIT of its effects are set forth in reasonable de...
CONDOR HOSPITALITY. LIMITED PARTNERSHIP, a Virginia limited partnership By: Condor Hospitality REIT Trust, a Maryland real estate investment trust, its general partner By: Name: Title: (SEAL) EXHIBIT F FORM OF LETTER OF CREDIT APPLICATION F-3 EXHIBIT G FORM OF COMPLIANCE CERTIFICATE KeyBank National Association, as Agent 1200 Xxxxxxxxx Xxxx, N.E., Suite 1550 Atlanta, Georgia 30328 Attention: Xxx Xxxxxxx Ladies and Gentlemen: Reference is made to that certain Credit Agreement dated as of March 1, 2017 (as the same may hereafter be amended, the “Credit Agreement”) by and among Condor Hospitality Limited Partnership (the “Borrower”), KeyBank National Association for itself and as Agent, and the other Lenders from time to time party thereto. Terms defined in the Credit Agreement and not otherwise defined herein are used herein as defined in the Credit Agreement. Pursuant to the Credit Agreement, the Borrower (or REIT, on the Borrower’s behalf) is furnishing to you herewith (or has most recently furnished to you) the consolidated financial statements of REIT for the fiscal period ended (the “Balance Sheet Date”). Such financial statements have been prepared in accordance with GAAP and present fairly the consolidated financial position of REIT at the date thereof and the results of its operations for the periods covered thereby. This certificate is submitted in compliance with requirements of §2.11(d), §5.3, §5.5(b), §7.4(c) or §10.11 of the Credit Agreement, as applicable. If this certificate is provided under a provision other than §7.4(c), the calculations provided below are made using the consolidated financial statements of REIT as of the Balance Sheet Date adjusted in the best good faith estimate of REIT to give effect to the making of a Loan, issuance of a Letter of Credit, acquisition or disposition of property or other event that occasions the preparation of this certificate; and the nature of such event and the estimate of REIT of its effects are set forth in reasonable detail in an attachment hereto. The undersigned officer is the chief financial officer, chief executive officer, treasurer or chief accounting officer of the Borrower (or REIT, if this certificate is delivered by REIT on the Borrower’s behalf). The undersigned representative has caused the provisions of the Loan Documents to be reviewed and has no knowledge of any Default or Event of Default. (Note: If the signer does have knowledge of any Default or Event of Default, the form of certificate should be revi...

Related to CONDOR HOSPITALITY

  • REIT A “real estate investment trust” under Sections 856 through 860 of the Code or as may be amended. Sale or Sales. Any transaction or series of transactions whereby: (i) the Company or the Operating Partnership directly or indirectly (except as described in other subsections of this definition) sells, grants, transfers, conveys, or relinquishes its ownership of any Real Property or portion thereof, including the lease of any Real Property consisting of a building only, and including any event with respect to any Real Property which gives rise to a significant amount of insurance proceeds or condemnation awards; (ii) the Company or the Operating Partnership directly or indirectly (except as described in other subsections of this definition) sells, grants, transfers, conveys, or relinquishes its ownership of all or substantially all of the interest of the Corporation or the Operating Partnership in any Joint Venture in which it is a co-venturer or partner; (iii) any Joint Venture directly or indirectly (except as described in other subsections of this definition) in which the Company or the Operating Partnership as a co-venturer or partner sells, grants, transfers, conveys, or relinquishes its ownership of any Real Property or portion thereof, including any event with respect to any Real Property which gives rise to insurance claims or condemnation awards; or (iv) the Company or the Operating Partnership directly or indirectly (except as described in other subsections of this definition) sells, grants, conveys or relinquishes its interest in any Real Estate Related Asset or portion thereof (including with respect to any Mortgage, all payments thereunder or in satisfaction thereof other than regularly scheduled interest payments) of amounts owed pursuant to such Mortgage and any event which gives rise to a significant amount of insurance proceeds or similar awards; or (v) the Company or the Operating Partnership directly or indirectly (except as described in other subsections of this definition) sells, grants, transfers, conveys, or relinquishes its ownership of any other asset not previously described in this definition or any portion thereof, but not including any transaction or series of transactions specified in clauses (i) through (v) above in which the proceeds of such transaction or series of transactions are reinvested by the Company in one or more assets within 180 days thereafter.

  • Operating Partnership Operating Partnership shall have the meaning set forth in the preamble of this Agreement.

  • PORTFOLIO HOLDINGS The Adviser will not disclose, in any manner whatsoever, any list of securities held by the Portfolio, except in accordance with the Portfolio’s portfolio holdings disclosure policy.

  • Good Standing of the Operating Partnership; Partnership Agreement The Operating Partnership has been duly formed and is validly existing as a limited partnership in good standing under the laws of the State of Maryland and has partnership power and authority to own or lease, as the case may be, and to operate its properties and to conduct its business as described in the Registration Statement and the Prospectus and to enter into and perform its obligations under this Agreement; and the Operating Partnership is duly qualified as a foreign partnership to transact business and is in good standing in each other jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of business, except where the failure so to qualify or to be in good standing would not result in a Material Adverse Effect. The Company is the sole general partner of the Operating Partnership. The aggregate percentage interests of the Company and the limited partners in the Operating Partnership as of the most recently completed fiscal quarter for which financial statements have been filed with the Commission is as set forth in the Prospectus. The Seventh Amended and Restated Partnership Agreement of the Operating Partnership has been duly and validly authorized, executed and delivered by or on behalf of the partners of the Operating Partnership and constitutes a valid and binding agreement of the parties thereto, enforceable in accordance with its terms, except to the extent that such enforceability may be limited by applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors’ rights and remedies generally, and subject, as to enforceability, to general principles of equity and, with respect to rights to indemnity and contribution thereunder, except as rights may be limited by applicable law or policies underlying such law.

  • Hospitality Provisions The Mortgage Loan documents for each Mortgage Loan that is secured by a hospitality property operated pursuant to a franchise agreement includes an executed comfort letter or similar agreement signed by the Mortgagor and franchisor of such property enforceable by the Trust against such franchisor, either directly or as an assignee of the originator. The Mortgage or related security agreement for each Mortgage Loan secured by a hospitality property creates a security interest in the revenues of such property for which a UCC financing statement has been filed in the appropriate filing office.

  • Asset Management a. Data Sensitivity - Transfer Agent acknowledges that it understands the sensitivity of Fund Data.

  • Limited Liability Company Agreement The Member hereby states that except as otherwise provided by the Act or the Certificate of Formation, the Company shall be operated subject to the terms and conditions of this Agreement.

  • Real Property Holding Company The Company is not a real property holding company within the meaning of Section 897 of the Code.

  • Investment Company; Public Utility Holding Company Neither the Company nor any Subsidiary is an "investment company" or a company "controlled" by an "investment company" within the meaning of the Investment Company Act of 1940, as amended, or a "public utility holding company" within the meaning of the Public Utility Holding Company Act of 1935, as amended.

  • Fifth Amended and Restated Limited Liability Company Operating Agreement Dated as of November 30, 2012

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