Common use of Franchise Compliance Clause in Contracts

Franchise Compliance. Seller has furnished to Buyer true and complete copies of that certain management agreement between Seller and Dimension Development Company dated July 17, 2003 (the “Existing Management Agreement”) and the Existing Franchise Agreement, which constitutes the entire agreement of the parties with respect to the subject matter thereof and which have not been amended or supplemented in any respect. There are no other management agreements, franchise agreements, license agreements or similar agreements for the operation or management of the Hotel or relating to the Brand, to which Seller is a party or which are binding upon the Property, except for the Existing Management Agreement and the Existing Franchise Agreement. The Existing Management Agreement and the Existing Franchise Agreement are in full force and effect, and shall remain in full force and effect until the termination of the Existing Management Agreement and the Existing Franchise Agreement at Closing, as provided in Section 14 hereof.

Franchise Compliance. Seller has furnished to Buyer true and complete copies of that certain management agreement between Seller and Dimension Development Company dated July 17March 2, 2003 2006 (the “Existing Management Agreement”) and the Existing Franchise AgreementAgreements, which constitutes the entire agreement of the parties with respect to the subject matter thereof and which have not been amended or supplemented in any respect. There are no other management agreements, franchise agreements, license agreements or similar agreements for the operation or management of the Hotel Hotels or relating to the Brand, to which Seller is a party or which are binding upon the PropertyProperties, except for the Existing Management Agreement and the Existing Franchise AgreementAgreements. The Existing Management Agreement and the Existing Franchise Agreement Agreements are in full force and effect, and shall remain in full force and effect until the termination of the Existing Management Agreement and the Existing Franchise Agreement Agreements at Closing, as provided in Section 14 hereof.

Franchise Compliance. Seller has furnished to Buyer true and complete copies of that certain management agreement between Seller and Dimension Development Company dated July 17May 8, 2003 2001 (the “Existing Management Agreement”) and the Existing Franchise Agreement, which constitutes the entire agreement of the parties with respect to the subject matter thereof and which have not been amended or supplemented in any respect. There are no other management agreements, franchise agreements, license agreements or similar agreements for the operation or management of the Hotel or relating to the Brand, to which Seller is a party or which are binding upon the Property, except for the Existing Management Agreement and the Existing Franchise Agreement. The Existing Management Agreement and the Existing Franchise Agreement are in full force and effect, and shall remain in full force and effect until the termination of the Existing Management Agreement and the Existing Franchise Agreement at Closing, as provided in Section 14 hereof.

Franchise Compliance. Seller has furnished to Buyer true and complete copies of that certain management agreement between Seller and Dimension Development Company dated July 17May 8, 2003 2001 (the “Existing Management Agreement”) and the Existing Franchise AgreementAgreements, which constitutes the entire agreement of the parties with respect to the subject matter thereof and which have not been amended or supplemented in any respect. There are no other management agreements, franchise agreements, license agreements or similar agreements for the operation or management of the Hotel Hotels or relating to the Brand, to which Seller is a party or which are binding upon the PropertyProperties, except for the Existing Management Agreement and the Existing Franchise AgreementAgreements. The Existing Management Agreement and the Existing Franchise Agreement Agreements are in full force and effect, and shall remain in full force and effect until the termination of the Existing Management Agreement and the Existing Franchise Agreement Agreements at Closing, as provided in Section 14 hereof.