Common use of Construction of Hotel Clause in Contracts

Construction of Hotel. (i) The Hotel has been constructed in a good and workmanlike manner without encroachments and in accordance in all material respects with the Contracts, Plans and Specs (as revised by work order or other approval of the Company during construction), and all building permits and certificates of occupancy therefor and all applicable zoning, platting, subdivision, health, safety and similar laws, rules, regulations, ordinances and codes. The Franchisor inspected and approved the Hotel upon substantial completion and authorized the opening thereof, and any punchlist items required by the Franchisor to be completed after the opening were completed as required by the Franchisor. (ii) The Personal Property is in good condition and operating order, normal wear and tear excepted. (iii) All necessary easements for ingress and egress, drainage, signage and utilities serving the Hotel have been dedicated to the public or conveyed to the appropriate utility or to the Company.

Construction of Hotel. With respect to each Hotel: (i) The Hotel has been constructed in a good and workmanlike manner without encroachments and in accordance in all material respects with the Contracts, Plans and Specs (as revised by work order or other approval of the Company during construction), and all building permits and certificates of occupancy therefor and all applicable zoning, platting, subdivision, health, safety and similar laws, rules, regulations, ordinances and codes. The Franchisor inspected and approved the Hotel upon substantial completion and authorized the opening thereof, and any punchlist items required by the Franchisor to be completed after the opening were completed as required by the Franchisor. (ii) The Personal Property is in good condition and operating order, normal wear and tear excepted. (iii) All necessary easements for ingress and egress, drainage, signage and utilities serving the Hotel have been dedicated to the public or conveyed to the appropriate utility or to the Company.