FF&E Reserves. An FF&E Reserve has been established in respect of each of the Hotels and the Borrower or its Subsidiaries or Eligible Joint Ventures have made any contributions to such FF&E Reserve as required by the terms of the Operating Lease and/or the Management Agreement relating thereto.
Appears in 5 contracts
Samples: Revolving Credit Agreement (Felcor Suite Hotels Inc), Credit Agreement (Felcor Lodging Trust Inc), Revolving Credit Agreement (Felcor/Lax Holdings Lp)
FF&E Reserves. An FF&E Reserve has been established in respect of each Collateral Property and is currently funded as required by the terms of the Hotels and Operating Lease and/or the Borrower or its Subsidiaries or Eligible Joint Ventures have made any contributions to such Management Agreement relating thereto. An FF&E Reserve shall be established in respect of each Approved Hotel Facility from and after the date of the acquisition thereof, which FF&E Reserve shall be currently funded as required by the terms of the Operating Lease and/or the Management Agreement relating thereto.
Appears in 2 contracts
Samples: Second Supplemental Credit Agreement (Hospitality Properties Trust), Credit Agreement (Hospitality Properties Trust)
FF&E Reserves. An FF&E Reserve has been established in respect ------------- of each of the Hotels Hotel Facility and the Borrower or its Subsidiaries or Eligible Joint Ventures have made any contributions to such FF&E Reserve is currently funded as required by the terms of the Operating Lease and/or the Management Agreement relating thereto.
Appears in 1 contract
Samples: Revolving Credit Agreement (Hospitality Properties Trust)
FF&E Reserves. An FF&E Reserve has been established in respect of each of the Hotels Hotel Facility and the Borrower or its Subsidiaries or Eligible Joint Ventures have made any contributions to such FF&E Reserve is currently funded as required by the terms of the Operating Lease and/or the Management Agreement relating thereto.
Appears in 1 contract
Samples: Revolving Credit Agreement (Hospitality Properties Trust)
FF&E Reserves. An FF&E Reserve has been established in respect ------------- of each of the Hotels Initial Hotel and the Borrower or its Subsidiaries or Eligible Joint Ventures have made any contributions to such FF&E Reserve is currently funded as required by the terms of the Operating Lease and/or the Management Agreement relating thereto.. An FF&E Reserve shall be established in respect of each Approved Hotel Facility from and after the date of the acquisition thereof, which FF&E Reserve shall be currently funded as required by the terms of the Operating Lease and/or the Management Agreement relating thereto
Appears in 1 contract
Samples: Revolving Credit Agreement (Hospitality Properties Trust)
FF&E Reserves. An FF&E Reserve has been established in respect of each of the Hotels and the Borrower or its Subsidiaries or Eligible Joint Ventures have made any contributions to such FF&E Reserve as required by the terms of the Operating Lease and/or the Management Agreement relating thereto.
Appears in 1 contract
FF&E Reserves. An FF&E Reserve has been established in respect of each of the Hotels and the US Borrower or its Subsidiaries or Eligible Joint Ventures have made any -82- 90 contributions to such FF&E Reserve as required by the terms of the Operating Lease and/or the Management Agreement relating thereto.
Appears in 1 contract
