Executive Management. Unless the Required Lenders otherwise consent in writing, Xxxxx X. Xxxxxxxxxxx shall remain each Borrower’s operations manager and the President of The Summit Group, Inc., and The Summit Group, Inc. shall be the property manager of each Hotel pursuant to each Borrower’s Operating Agreement.
Appears in 2 contracts
Samples: Loan Agreement (Summit Hotel Properties LLC), Loan Agreement (Summit Hotel Properties LLC)
Executive Management. Unless the Required Lenders otherwise consent in writing, Xxxxx X. Xxxxxxxxxxx shall remain each Borrower’s 's operations manager and the President of The Summit Group, Inc., and The Summit Group, Inc. shall be the property manager of each Hotel pursuant to each Borrower’s 's Operating Agreement.
Appears in 2 contracts
Samples: Loan Agreement (Summit Hotel Properties, Inc.), Loan Agreement (Summit Hotel Properties, LLC)
Executive Management. Unless the Required Lenders Lenders' otherwise consent in writing, Xxxxx X. Xxxxxxxxxxx shall remain each Borrower’s Company's operations manager and the President of The Summit Group, Inc., and The Summit Group, Inc. shall be the property manager of each Hotel pursuant to each Borrower’s Company's Operating Agreement.
Appears in 1 contract
Executive Management. Unless the Required Lenders Agent otherwise consent consents in writing, Xxxxx X. Xxxxxxxxxxx shall remain each Borrower’s 's operations manager and the President of The Summit Group, Inc., and The Summit Group, Inc. shall be the property manager of each Hotel pursuant to each Borrower’s 's Operating Agreement.
Appears in 1 contract
