Common use of Dispute Resolution Regarding REIT Compliance Clause in Contracts

Dispute Resolution Regarding REIT Compliance. Notwithstanding anything to the contrary set forth in Sections 9.4, 9.11 or elsewhere in this Agreement, any dispute over whether an activity of the Company or the TRS SUB is in violation of Section 5.5 shall be determined in the sole and absolute discretion of CWI, provided that any additional out-of-pocket expenses to the Company resulting therefrom will be borne by CWI.

Dispute Resolution Regarding REIT Compliance. Notwithstanding anything to the contrary set forth in Sections 9.4, 9.11 Section 9.10 or elsewhere in this Agreement, any dispute over whether an activity of the Company or the TRS SUB is in violation of Section 5.5 shall be determined in the sole and absolute discretion of CWICWI Member, provided that any additional out-of-pocket expenses to the Company resulting therefrom will be borne solely by CWICWI Member.

Dispute Resolution Regarding REIT Compliance. Notwithstanding anything to the contrary set forth in Sections 9.4, 9.11 Section 9.9 or elsewhere in this Agreement, any dispute over whether an activity of the Company or the TRS SUB is in violation of Section 5.5 shall be determined and resolved in the sole and absolute discretion of CWI, CWI (provided that any additional out-of-pocket expenses to the Company resulting therefrom will be borne solely by CWI).

Dispute Resolution Regarding REIT Compliance. Notwithstanding anything to the contrary set forth in Sections 9.4, 9.11 Section 9.10 or elsewhere in this Agreement, any dispute over whether an activity of the Company or the TRS SUB is in violation of Section 5.5 shall be determined in the sole and absolute discretion of CWICWI Member, provided that any additional out-of-pocket expenses to the Company resulting therefrom will be borne by CWICWI Member.