COVENANTS OF OWNER AND PURCHASER Sample Clauses

COVENANTS OF OWNER AND PURCHASER. Wyndham and Owners shall, and shall cause Transferor Parties to, comply with the covenants of Owners, Operating Lessees and Wyndham Managers set forth below; and Purchaser shall and shall cause all Purchaser Parties to comply with the covenants of Purchaser set forth below. With respect to each Hotel that is managed by a Third Party Manager, Wyndham shall use commercially reasonable good faith efforts to cause Third Party Managers to comply with such covenants of Transferor Parties and its Affiliates to the extent such covenants relate to matters that are within the scope of such Third Party Manager’s duties under the Third Party Management Agreements. Purchaser agrees that the failure of Wyndham and its Affiliates to comply with such covenants to the extent same are within the scope of the Third Party Manager’s duties under the Third Party Management Agreements, and the Third Party Manager failed to comply with such covenants, Transferor Parties having provided sufficient funds for Third Party Manager to do so if Transferor Parties are obligated under the terms of the applicable Third Party Management Agreement to provide such funds, shall not be a default of Wyndham and Owner under this Agreement.
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